Nykredit Asset Management

Nykredit EVIRA Hedge Fund

Strategy Description

Nykredit EVIRA is a hedge fund that primarily invests in European corporate bonds. The aim of the fund is to generate high risk-adjusted returns and the fund uses leverage, short selling and derivatives in order to enhance returns. The fund seeks to minimize exposure to interest rate and currency risk. 

Fund Information

General Information

NHX CategoryFixed Income
NHX CountryDenmark
Legal StructureFund
Fund DomicileDenmark
Minimum Investment100 DKK
AUM266M DKK
Inception DateSep 2017
Management Fee1.25%
Performance Fee20.00%

Company Information

CompanyNykredit Asset Management
PrincipalNicolai Kjer Rasmussen
AddressUnder Krystallen 1
Copenhagen, 1780
Phone+45-44552899
E-mail[email protected]
Websiteformue.nykredit.dk/en-gb/AssetManagementUK/hedge-funds/
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2023 5.92 5.92
2022 -2.43 -7.67 3.82 -4.72 -1.61 -14.89 8.34 1.60 -8.17 1.74 8.61 1.53 -15.38
2021 0.04 0.80 2.07 1.01 -0.43 1.24 1.15 0.51 0.90 -1.13 -2.14 2.52 6.64
2020 -0.70 -3.33 -23.30 11.80 4.08 3.63 4.01 5.29 -1.07 1.63 7.64 1.67 6.98
2019 7.44 2.79 0.79 6.61 -4.83 7.48 2.24 0.90 1.29 2.09 0.82 2.62 33.97
2018 1.40 -2.65 -2.73 1.78 -5.16 -4.09 7.34 -3.43 2.50 -3.37 -7.25 -1.60 -16.70
2017 0.80 1.94 -0.07 0.77 3.47

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 -26.37% 3 8 01/2020 11/2020
2 -25.98% 9 0 10/2021 -
3 -17.85% 11 7 02/2018 07/2019
4 -.43% 1 1 05/2021 06/2021
5 -.07% 1 1 11/2017 12/2017

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return5.31%1.73%-0.70%-0.19%0.08%
% Positive100.00%83.33%58.33%62.50%66.67%
Avg. Pos. Period5.35%3.88%4.51%2.78%3.40%
Avg. Neg. Period - -8.17%-7.41%-4.80%-5.91%
Sharpe Ratio6.361.24-0.23-0.040.16
Sortino Ratio0.001.80-0.44-0.160.06
Monthly Volatility2.92%5.21%6.90%5.01%6.30%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 11.80%-23.30%.41%1.01%5.92%64.62%
3 Months 20.59%-26.37%.90%2.11%16.80%58.73%
6 Months 30.64%-25.38%1.23%.88%10.87%51.67%
1 Year 49.56%-25.18%3.40%1.55%-8.13%55.56%
2 Years 44.92%-14.43%12.86%11.84%-4.45%76.19%
3 Years 52.84%-9.42%19.39%19.02%2.98%80.00%
5 Years 12.54%-1.62%5.39%7.33%12.54%66.67%

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

Nykredit EVIRA is a hedge fund that primarily invests in European corporate bonds. The aim of the fund is to generate high risk-adjusted returns and the fund uses leverage, short selling and derivatives in order to enhance returns. The fund seeks to minimize exposure to interest rate and currency risk. 

Fund Information

General Information

NHX CategoryFixed Income
NHX CountryDenmark
Legal StructureFund
Fund DomicileDenmark
Minimum Investment100 DKK
AUM266M DKK
Inception DateSep 2017
Management Fee1.25%
Performance Fee20.00%

Company Information

CompanyNykredit Asset Management
PrincipalNicolai Kjer Rasmussen
AddressUnder Krystallen 1
Copenhagen, 1780
Phone+45-44552899
E-mail[email protected]
Websiteformue.nykredit.dk/en-gb/AssetManagementUK/hedge-funds/
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2023 5.92 5.92
2022 -2.43 -7.67 3.82 -4.72 -1.61 -14.89 8.34 1.60 -8.17 1.74 8.61 1.53 -15.38
2021 0.04 0.80 2.07 1.01 -0.43 1.24 1.15 0.51 0.90 -1.13 -2.14 2.52 6.64
2020 -0.70 -3.33 -23.30 11.80 4.08 3.63 4.01 5.29 -1.07 1.63 7.64 1.67 6.98
2019 7.44 2.79 0.79 6.61 -4.83 7.48 2.24 0.90 1.29 2.09 0.82 2.62 33.97
2018 1.40 -2.65 -2.73 1.78 -5.16 -4.09 7.34 -3.43 2.50 -3.37 -7.25 -1.60 -16.70
2017 0.80 1.94 -0.07 0.77 3.47

Portfolio Managers

 
No data filled

Return Statistics

Last Month Return 5.92%
3 Month Return 16.80%
Year to Date Return 5.92%
12 Month Return -8.13%
36 Month Return 2.98%
Total Return Annualized 3.11%
Winning Months (%) 64.62%
Average Winning Month 3.17%
Average Losing Month -4.64%
Total Return Cumulative 18.08%

Risk Statistics (12M)

1 Year
Sharpe Ratio-0.23
Sortino Ratio-0.44
Sterling-0.24
Calmar-0.35
Skewness-0.71
Kurtosis0.47
Maximum Drawdown-23.52%
Correlation vs S&P 5000.80
Annualized Volatility23.89%
Annualized Down. Deviation15.29%

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 -26.37% 3 8 01/2020 11/2020
2 -25.98% 9 0 10/2021 -
3 -17.85% 11 7 02/2018 07/2019
4 -.43% 1 1 05/2021 06/2021
5 -.07% 1 1 11/2017 12/2017

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return5.31%1.73%-0.70%-0.19%0.08%
% Positive100.00%83.33%58.33%62.50%66.67%
Avg. Pos. Period5.35%3.88%4.51%2.78%3.40%
Avg. Neg. Period - -8.17%-7.41%-4.80%-5.91%
Sharpe Ratio6.361.24-0.23-0.040.16
Sortino Ratio0.001.80-0.44-0.160.06
Monthly Volatility2.92%5.21%6.90%5.01%6.30%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 11.80%-23.30%.41%1.01%5.92%64.62%
3 Months 20.59%-26.37%.90%2.11%16.80%58.73%
6 Months 30.64%-25.38%1.23%.88%10.87%51.67%
1 Year 49.56%-25.18%3.40%1.55%-8.13%55.56%
2 Years 44.92%-14.43%12.86%11.84%-4.45%76.19%
3 Years 52.84%-9.42%19.39%19.02%2.98%80.00%
5 Years 12.54%-1.62%5.39%7.33%12.54%66.67%

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.