Symmetry Invest

Symmetry Invest

Strategy Description

Symmetry Invest is a concentrated long/short equity fund running with a net market exposure usually between 60 to 80 percent. The fund’s investment universe includes smaller-sized businesses across the Nordics, the rest of Europe, and the United States. The primary focus is on small and mid-cap founder-led companies with significant long-term compounding potential. Symmetry Invest hedges away some of the market exposure by identifying companies to sell short. The fund’s long portfolio usually includes between 15 to 20 names, and the short portfolio includes from 15 and up to 40 names.

Fund Information

General Information

NHX CategoryEquities
NHX CountryDenmark
Legal StructureAlternative Investment Fund
Fund DomicileDenmark
Minimum Investment750,000 DKK
AUM691M DKK
Inception DateMar 2013
Management Fee1.20%
Performance Fee15.00%

Company Information

CompanySymmetry Invest
PrincipalAndreas Aaen
Investor RelationsKim Hoberg Nielsen
AddressØstre Alle 102
Aalborg , 9000
Phone+45 40 300 600
E-mail[email protected]
Websitewww.symmetry.dk
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2024 0.02 3.72 2.97 1.41 8.33
2023 4.40 5.10 -6.60 0.00 2.60 -2.20 5.20 0.90 -0.60 -6.60 6.00 7.47 15.44
2022 2.01 -6.04 -2.25 -7.02 -0.97 -3.70 3.50 0.02 -7.92 8.21 -0.10 -2.30 -16.36
2021 8.97 8.28 8.00 5.01 0.07 -0.51 2.23 4.79 -2.70 3.90 -5.34 0.91 37.82
2020 2.03 -4.14 -37.23 22.60 14.53 10.07 1.16 9.00 -0.23 1.80 17.06 12.86 40.39
2019 7.32 6.39 4.51 4.46 -2.37 6.28 0.53 -7.14 5.77 0.29 9.95 2.53 44.38
2018 1.92 -4.54 -4.39 0.75 -0.83 -5.92 -4.54 -1.85 -0.97 -12.76 1.91 0.29 -27.66
2017 6.20 3.20 0.70 4.00 5.10 -2.70 1.10 -2.70 0.60 3.30 -2.10 -0.70 16.65
2016 0.42 0.42 0.42 3.42 3.42 3.42 1.15 1.15 1.15 1.12 1.12 1.12 19.86
2015 2.21 2.21 2.21 7.20 7.20 7.20 -4.65 -4.65 -4.65 1.87 1.87 1.87 20.55
2014 1.07 1.07 1.07 3.29 3.29 3.29 0.92 0.92 0.92 5.36 5.36 5.36 36.77
2013 1.97 1.97 1.97 1.97 2.57 2.57 2.57 4.77 4.77 4.77 34.17

Portfolio Managers

Andreas Aaen (pictured left) is the founder and operating manager of Symmetry Invest A/S. Andreas has an accounting background and worked 8 years in a top 4 danish accounting firm before running Symmetry Invest A/S on a full-time basis. Andreas holds a bachelor degree in economics and a master degree in auditing from Aalborg University. Andreas lives in Hjallerup (Denmark) with his wife Katya his 3 children and their small dog. 

Portfolio Manager Henrik Abrahamsson (pictured right) joined Symmetry in June 2020. Before Symmetry, Abrahamson worked 11 years in the iGaming industry in Malta in different positions, mostly within sports betting. Before moving to Malta, Abrahamson was a professional poker player. As a portfolio manager, Henrik is part of the investment team at Symmetry and is, among other things, responsible for managing his own portfolio within Symmetry. Henrik also assists with research of new and existing investments.

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 -39.83% 2 5 02/2020 08/2020
2 -31.56% 17 14 06/2017 12/2019
3 -24.36% 11 0 11/2021 -
4 -13.31% 3 9 07/2015 06/2016
5 -2.70% 1 1 09/2021 10/2021

Drawdown

Up Capture vs. MSCI EAFE

Down Capture vs. MSCI EAFE

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return2.70%3.57%1.67%0.76%0.21%
% Positive100.00%100.00%75.00%58.33%55.56%
Avg. Pos. Period2.70%3.60%3.37%3.68%3.27%
Avg. Neg. Period - - -3.13%-3.44%-3.66%
Sharpe Ratio9.724.901.630.700.24
Sortino Ratio0.000.002.870.980.25
Monthly Volatility0.96%2.54%3.69%4.25%4.16%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 22.60%-37.23%1.60%1.87%1.41%73.13%
3 Months 54.55%-38.61%4.92%5.51%8.31%68.94%
6 Months 76.79%-30.59%10.02%8.68%23.41%73.64%
1 Year 191.40%-31.19%21.19%18.79%22.03%74.80%
2 Years 195.28%-31.07%43.54%42.05%20.07%73.87%
3 Years 198.91%-32.23%68.82%69.83%7.73%94.95%
5 Years 200.93%1.22%103.05%91.22%134.42%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

Symmetry Invest is a concentrated long/short equity fund running with a net market exposure usually between 60 to 80 percent. The fund’s investment universe includes smaller-sized businesses across the Nordics, the rest of Europe, and the United States. The primary focus is on small and mid-cap founder-led companies with significant long-term compounding potential. Symmetry Invest hedges away some of the market exposure by identifying companies to sell short. The fund’s long portfolio usually includes between 15 to 20 names, and the short portfolio includes from 15 and up to 40 names.

Fund Information

General Information

NHX CategoryEquities
NHX CountryDenmark
Legal StructureAlternative Investment Fund
Fund DomicileDenmark
Minimum Investment750,000 DKK
AUM691M DKK
Inception DateMar 2013
Management Fee1.20%
Performance Fee15.00%

Company Information

CompanySymmetry Invest
PrincipalAndreas Aaen
Investor RelationsKim Hoberg Nielsen
AddressØstre Alle 102
Aalborg , 9000
Phone+45 40 300 600
E-mail[email protected]
Websitewww.symmetry.dk
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2024 0.02 3.72 2.97 1.41 8.33
2023 4.40 5.10 -6.60 0.00 2.60 -2.20 5.20 0.90 -0.60 -6.60 6.00 7.47 15.44
2022 2.01 -6.04 -2.25 -7.02 -0.97 -3.70 3.50 0.02 -7.92 8.21 -0.10 -2.30 -16.36
2021 8.97 8.28 8.00 5.01 0.07 -0.51 2.23 4.79 -2.70 3.90 -5.34 0.91 37.82
2020 2.03 -4.14 -37.23 22.60 14.53 10.07 1.16 9.00 -0.23 1.80 17.06 12.86 40.39
2019 7.32 6.39 4.51 4.46 -2.37 6.28 0.53 -7.14 5.77 0.29 9.95 2.53 44.38
2018 1.92 -4.54 -4.39 0.75 -0.83 -5.92 -4.54 -1.85 -0.97 -12.76 1.91 0.29 -27.66
2017 6.20 3.20 0.70 4.00 5.10 -2.70 1.10 -2.70 0.60 3.30 -2.10 -0.70 16.65
2016 0.42 0.42 0.42 3.42 3.42 3.42 1.15 1.15 1.15 1.12 1.12 1.12 19.86
2015 2.21 2.21 2.21 7.20 7.20 7.20 -4.65 -4.65 -4.65 1.87 1.87 1.87 20.55
2014 1.07 1.07 1.07 3.29 3.29 3.29 0.92 0.92 0.92 5.36 5.36 5.36 36.77
2013 1.97 1.97 1.97 1.97 2.57 2.57 2.57 4.77 4.77 4.77 34.17

Portfolio Managers

Andreas Aaen (pictured left) is the founder and operating manager of Symmetry Invest A/S. Andreas has an accounting background and worked 8 years in a top 4 danish accounting firm before running Symmetry Invest A/S on a full-time basis. Andreas holds a bachelor degree in economics and a master degree in auditing from Aalborg University. Andreas lives in Hjallerup (Denmark) with his wife Katya his 3 children and their small dog. 

Portfolio Manager Henrik Abrahamsson (pictured right) joined Symmetry in June 2020. Before Symmetry, Abrahamson worked 11 years in the iGaming industry in Malta in different positions, mostly within sports betting. Before moving to Malta, Abrahamson was a professional poker player. As a portfolio manager, Henrik is part of the investment team at Symmetry and is, among other things, responsible for managing his own portfolio within Symmetry. Henrik also assists with research of new and existing investments.

Return Statistics

Last Month Return 1.41%
3 Month Return 8.31%
Year to Date Return 8.33%
12 Month Return 22.03%
36 Month Return 7.73%
Total Return Annualized 18.31%
Winning Months (%) 73.13%
Average Winning Month 3.86%
Average Losing Month -4.68%
Total Return Cumulative 553.79%

Risk Statistics (12M)

1 Year
Sharpe Ratio1.63
Sortino Ratio2.87
Sterling1.28
Calmar3.08
Skewness-0.74
Kurtosis1.65
Maximum Drawdown-7.16%
Correlation vs S&P 5000.51
Annualized Volatility12.78%
Annualized Down. Deviation8.79%

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 -39.83% 2 5 02/2020 08/2020
2 -31.56% 17 14 06/2017 12/2019
3 -24.36% 11 0 11/2021 -
4 -13.31% 3 9 07/2015 06/2016
5 -2.70% 1 1 09/2021 10/2021

Drawdown

Up Capture vs. MSCI EAFE

Down Capture vs. MSCI EAFE

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return2.70%3.57%1.67%0.76%0.21%
% Positive100.00%100.00%75.00%58.33%55.56%
Avg. Pos. Period2.70%3.60%3.37%3.68%3.27%
Avg. Neg. Period - - -3.13%-3.44%-3.66%
Sharpe Ratio9.724.901.630.700.24
Sortino Ratio0.000.002.870.980.25
Monthly Volatility0.96%2.54%3.69%4.25%4.16%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 22.60%-37.23%1.60%1.87%1.41%73.13%
3 Months 54.55%-38.61%4.92%5.51%8.31%68.94%
6 Months 76.79%-30.59%10.02%8.68%23.41%73.64%
1 Year 191.40%-31.19%21.19%18.79%22.03%74.80%
2 Years 195.28%-31.07%43.54%42.05%20.07%73.87%
3 Years 198.91%-32.23%68.82%69.83%7.73%94.95%
5 Years 200.93%1.22%103.05%91.22%134.42%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.