Zenit

Zenit Asset Management AB

Strategy Description

Zenit is a long/short equity hedge fund strategy with a global investment mandate, which focuses primarily on the stock markets in the G8 countries and the Nordic region. A large team of analysts follows selected sectors. Zenit’s strategy, which is based on thorough reresearch and a qualitative assessment of each company’s future prospects, is to buy shares that are considered to be undervalued and to sell short shares that are regarded as overvalued. The overall level of risk is determined by the managers’ macroeconomic views. In order to create as diversified a portfolio as possible, a variety of investment strategies are used, including the use of derivative instruments. The fund managers endeavour to maintain a level of risk that is lower than the stock market’s.

Fund Information

General Information

NHX CategoryEquities
NHX CountrySweden
Legal StructureSwedish Special Fund
Fund DomicileSweden
Minimum Investment00 SEK
AUM10,372 SEK
Inception DateJul 1996
Management Fee1.00%
Performance Fee20.00%
SFDR Classification -

Company Information

CompanyZenit Asset Management AB
AddressNorrmalmstorg 14
Stockholm, SE-103 86
Phone+4684071300
E-mail[email protected]
Websitewww.brummer.se
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2016 -5.60 -1.30 -0.10 0.00 -6.92
2015 0.43 3.64 1.67 1.19 1.02 -0.17 -1.77 -2.95 -2.00 2.20 1.30 0.50 4.97
2014 0.51 -0.35 0.69 0.86 0.19 0.05 0.97 -0.11 0.17 -2.16 -1.92 1.67 0.50
2013 -0.77 0.45 -0.57 -0.55 1.03 -0.24 0.51 1.96 0.19 0.31 0.51 0.68 3.53
2012 4.28 1.20 -0.05 0.33 -1.05 0.65 2.28 1.01 1.12 2.03 0.83 0.36 13.68
2011 1.01 -0.97 3.04 -0.77 1.73 -1.76 -0.93 -3.01 -1.16 0.69 -2.06 0.28 -4.00
2010 0.69 -0.07 3.47 -3.85 -3.36 -2.48 2.51 0.55 1.39 1.54 -0.73 5.34 4.69
2009 1.27 3.37 2.28 -2.99 0.88 -1.66 2.62 3.68 6.07 0.76 2.73 3.06 24.05
2008 -2.22 4.03 -1.67 -0.32 0.34 -0.33 0.69 -1.03 -4.42 -5.77 1.65 -0.57 -9.55
2007 1.94 0.49 0.48 2.11 2.71 -0.20 -0.91 -4.15 -0.33 1.50 -0.05 -0.50 2.95
2006 2.13 3.35 1.66 2.62 -1.31 -0.60 0.53 0.35 2.20 0.44 1.35 2.60 16.32
2005 1.82 2.15 -1.81 0.42 -1.68 4.28 3.64 -0.37 4.33 -4.64 3.03 1.85 13.35
2004 1.65 -1.65 -0.28 -2.02 -0.89 1.02 -0.55 0.19 -1.12 -0.64 1.05 1.79 -1.53
2003 -0.17 0.82 0.03 -4.14 -1.79 1.22 -1.38 0.02 1.30 -0.81 0.92 1.26 -2.83
2002 -1.02 0.83 -4.74 4.65 1.66 4.22 8.08 0.97 6.06 -1.83 -2.12 1.51 19.00
2001 -2.17 7.55 5.52 -4.35 1.28 2.11 1.96 3.99 9.21 -3.91 -4.64 -0.28 16.20
2000 13.79 4.04 3.00 -2.50 0.58 -5.91 0.79 2.63 0.01 4.86 2.75 -0.48 24.81
1999 6.57 -1.24 -9.84 -6.31 3.28 1.90 1.38 0.17 3.78 1.45 6.69 3.62 10.60
1998 8.29 9.66 11.88 9.25 7.25 5.96 10.94 0.12 -8.68 6.52 2.84 4.09 90.78
1997 10.84 0.38 0.95 -1.73 3.83 1.21 3.62 -0.50 5.26 4.75 0.02 6.42 40.35
1996 1.33 3.21 9.11 4.84 12.57 5.32 41.84

Portfolio Managers

No data filled

Disclaimer

This information is intended for institutional investors only. All data including performance numbers have been supplied by the respective managers and funds. HedgeNordic in no way guarantees the accuracy of these numbers and has supplied them to you for information purposes only. This does not constitute a solicitation to buy or an offer to sell. No investment should be made without fully reviewing the associated risk factors, fees and conflicts of interest as outlined in each fund’s risk disclosure document. There may be funds which have chosen not to be listed in the HedgeNordic database and the NHX that may have better or worse performance than those in our database.

The risk of loss in investing in hedge funds can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. Past results are not necessarily indicative of future results. Trade only with risk capital. Sales restrictions may apply in your jurisdiction.

Monthly Returns

Performance (VAMI)

Distribution of Monthly Returns

12 MONTH ROLLING ROR Return

Drawdown Report

No. Depth (%) Length (Months) Recovery (Months) Start date End date
Fund Index Fund Index Fund Index Fund Index Fund Index
1 -16.58% 3 7 02/1999 11/1999
2 -14.66% 17 11 06/2007 09/2009
3 -13.13% 6 4 10/2001 07/2002
4 -9.68% 10 0 06/2015 -
5 -9.39% 3 6 04/2010 12/2010

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return-0.47%-0.89%-0.76%-0.15%0.09%
% Positive0.00%33.33%33.33%54.17%63.89%
Avg. Pos. Period - 0.90%1.26%1.15%0.97%
Avg. Neg. Period-0.70%-2.33%-1.98%-1.81%-1.56%
Sharpe Ratio-2.74-1.33-1.25-0.230.21
Sortino Ratio-2.16-1.32-1.30-0.330.24
Monthly Volatility0.59%2.25%2.05%1.89%1.61%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 13.79%-9.84%1.11%0.72%0.00%65.55%
3 Months 34.04%-16.58%3.49%1.89%-1.40%69.49%
6 Months 68.99%-13.13%7.17%4.22%-5.24%69.96%
1 Year 115.02%-11.00%14.59%8.18%-8.75%77.53%
2 Years 259.50%-10.94%30.99%14.55%-3.46%88.84%
3 Years 255.51%1.15%44.79%21.35%3.15%100.00%
5 Years 484.19%7.65%77.13%40.36%8.49%100.00%

Volatility (12 Months Rolling)

CORRELATION (12 MONTH ROLLING)

AUM (EUR)

Disclaimer

This information is intended for institutional investors only. All data including performance numbers have been supplied by the respective managers and funds. HedgeNordic in no way guarantees the accuracy of these numbers and has supplied them to you for information purposes only. This does not constitute a solicitation to buy or an offer to sell. No investment should be made without fully reviewing the associated risk factors, fees and conflicts of interest as outlined in each fund’s risk disclosure document. There may be funds which have chosen not to be listed in the HedgeNordic database and the NHX that may have better or worse performance than those in our database.

The risk of loss in investing in hedge funds can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. Past results are not necessarily indicative of future results. Trade only with risk capital. Sales restrictions may apply in your jurisdiction.

Strategy Description

Zenit is a long/short equity hedge fund strategy with a global investment mandate, which focuses primarily on the stock markets in the G8 countries and the Nordic region. A large team of analysts follows selected sectors. Zenit’s strategy, which is based on thorough reresearch and a qualitative assessment of each company’s future prospects, is to buy shares that are considered to be undervalued and to sell short shares that are regarded as overvalued. The overall level of risk is determined by the managers’ macroeconomic views. In order to create as diversified a portfolio as possible, a variety of investment strategies are used, including the use of derivative instruments. The fund managers endeavour to maintain a level of risk that is lower than the stock market’s.

Fund Information

General Information

NHX CategoryEquities
NHX CountrySweden
Legal StructureSwedish Special Fund
Fund DomicileSweden
Minimum Investment00 SEK
AUM10,372 SEK
Inception DateJul 1996
Management Fee1.00%
Performance Fee20.00%
SFDR Classification -

Company Information

CompanyZenit Asset Management AB
AddressNorrmalmstorg 14
Stockholm, SE-103 86
Phone+4684071300
E-mail[email protected]
Websitewww.brummer.se
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2016 -5.60 -1.30 -0.10 0.00 -6.92
2015 0.43 3.64 1.67 1.19 1.02 -0.17 -1.77 -2.95 -2.00 2.20 1.30 0.50 4.97
2014 0.51 -0.35 0.69 0.86 0.19 0.05 0.97 -0.11 0.17 -2.16 -1.92 1.67 0.50
2013 -0.77 0.45 -0.57 -0.55 1.03 -0.24 0.51 1.96 0.19 0.31 0.51 0.68 3.53
2012 4.28 1.20 -0.05 0.33 -1.05 0.65 2.28 1.01 1.12 2.03 0.83 0.36 13.68
2011 1.01 -0.97 3.04 -0.77 1.73 -1.76 -0.93 -3.01 -1.16 0.69 -2.06 0.28 -4.00
2010 0.69 -0.07 3.47 -3.85 -3.36 -2.48 2.51 0.55 1.39 1.54 -0.73 5.34 4.69
2009 1.27 3.37 2.28 -2.99 0.88 -1.66 2.62 3.68 6.07 0.76 2.73 3.06 24.05
2008 -2.22 4.03 -1.67 -0.32 0.34 -0.33 0.69 -1.03 -4.42 -5.77 1.65 -0.57 -9.55
2007 1.94 0.49 0.48 2.11 2.71 -0.20 -0.91 -4.15 -0.33 1.50 -0.05 -0.50 2.95
2006 2.13 3.35 1.66 2.62 -1.31 -0.60 0.53 0.35 2.20 0.44 1.35 2.60 16.32
2005 1.82 2.15 -1.81 0.42 -1.68 4.28 3.64 -0.37 4.33 -4.64 3.03 1.85 13.35
2004 1.65 -1.65 -0.28 -2.02 -0.89 1.02 -0.55 0.19 -1.12 -0.64 1.05 1.79 -1.53
2003 -0.17 0.82 0.03 -4.14 -1.79 1.22 -1.38 0.02 1.30 -0.81 0.92 1.26 -2.83
2002 -1.02 0.83 -4.74 4.65 1.66 4.22 8.08 0.97 6.06 -1.83 -2.12 1.51 19.00
2001 -2.17 7.55 5.52 -4.35 1.28 2.11 1.96 3.99 9.21 -3.91 -4.64 -0.28 16.20
2000 13.79 4.04 3.00 -2.50 0.58 -5.91 0.79 2.63 0.01 4.86 2.75 -0.48 24.81
1999 6.57 -1.24 -9.84 -6.31 3.28 1.90 1.38 0.17 3.78 1.45 6.69 3.62 10.60
1998 8.29 9.66 11.88 9.25 7.25 5.96 10.94 0.12 -8.68 6.52 2.84 4.09 90.78
1997 10.84 0.38 0.95 -1.73 3.83 1.21 3.62 -0.50 5.26 4.75 0.02 6.42 40.35
1996 1.33 3.21 9.11 4.84 12.57 5.32 41.84

Portfolio Managers

No data filled

Return Statistics

Last Month Return -
3 Month Return -1.40%
Year to Date Return -6.92%
12 Month Return -8.75%
36 Month Return 3.15%
Total Return Annualized 13.48%
Winning Months (%) 65.55%
Average Winning Month 2.71%
Average Losing Month -1.95%
Total Return Cumulative 1127.12%

Risk Statistics (12M)

1 Year
Sharpe Ratio-1.25
Sortino Ratio-1.30
Sterling-0.44
Calmar-0.90
Skewness-1.11
Kurtosis2.19
Maximum Drawdown-9.68%
Correlation vs S&P 5000.68
Annualized Volatility7.08%
Annualized Down. Deviation6.05%

Risk/Return Comparison

Monthly Returns

Performance (VAMI)

Distribution of Monthly Returns

12 MONTH ROLLING ROR Return

Drawdown Report

No. Depth (%) Length (Months) Recovery (Months) Start date End date
Fund Index Fund Index Fund Index Fund Index Fund Index
1 -16.58% 3 7 02/1999 11/1999
2 -14.66% 17 11 06/2007 09/2009
3 -13.13% 6 4 10/2001 07/2002
4 -9.68% 10 0 06/2015 -
5 -9.39% 3 6 04/2010 12/2010

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return-0.47%-0.89%-0.76%-0.15%0.09%
% Positive0.00%33.33%33.33%54.17%63.89%
Avg. Pos. Period - 0.90%1.26%1.15%0.97%
Avg. Neg. Period-0.70%-2.33%-1.98%-1.81%-1.56%
Sharpe Ratio-2.74-1.33-1.25-0.230.21
Sortino Ratio-2.16-1.32-1.30-0.330.24
Monthly Volatility0.59%2.25%2.05%1.89%1.61%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 13.79%-9.84%1.11%0.72%0.00%65.55%
3 Months 34.04%-16.58%3.49%1.89%-1.40%69.49%
6 Months 68.99%-13.13%7.17%4.22%-5.24%69.96%
1 Year 115.02%-11.00%14.59%8.18%-8.75%77.53%
2 Years 259.50%-10.94%30.99%14.55%-3.46%88.84%
3 Years 255.51%1.15%44.79%21.35%3.15%100.00%
5 Years 484.19%7.65%77.13%40.36%8.49%100.00%

Volatility (12 Months Rolling)

CORRELATION (12 MONTH ROLLING)

AUM (EUR)

Disclaimer

This information is intended for institutional investors only. All data including performance numbers have been supplied by the respective managers and funds. HedgeNordic in no way guarantees the accuracy of these numbers and has supplied them to you for information purposes only. This does not constitute a solicitation to buy or an offer to sell. No investment should be made without fully reviewing the associated risk factors, fees and conflicts of interest as outlined in each fund’s risk disclosure document. There may be funds which have chosen not to be listed in the HedgeNordic database and the NHX that may have better or worse performance than those in our database.

The risk of loss in investing in hedge funds can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. Past results are not necessarily indicative of future results. Trade only with risk capital. Sales restrictions may apply in your jurisdiction.

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Data and information is provided for informational purposes only. Past performance is not necessarily indicative of future results.

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