Prior&Nilsson Fond och Kapitalförvaltning AB

PriorNilsson Balans

Strategy Description

PriorNilsson Balans is a fund of funds investing at least 90 percent of its capital in other funds managed by PriorNilsson. The fund aims to offer investors a combined investment strategy that seeks to generate high risk-adjusted returns by allocating between the funds managed by PriorNilsson. The allocation depends on the team’s assessment of prevailing market conditions. PriorNilsson Balans predominantly allocates capital to its two hedge funds: PriorNilsson Yield and PriorNilsson Idea.

Fund Information

General Information

NHX CategoryFund Of Funds
NHX CountrySweden
Legal StructureSwedish Special Fund
Fund DomicileSweden
Minimum Investment500 SEK
AUM688M SEK
Inception DateDec 2019
Management Fee1.00%
Performance Fee20.00%

Company Information

CompanyPrior&Nilsson Fond och Kapitalförvaltning AB
PrincipalTorgny Prior and PO Nilsson
Investor RelationsMarcus Ehrenpreis
AddressBirger Jarlsgatan 2, PO Box 7136
Stockholm, SE-103 87
Phone+46 8 441 77 00
E-mail[email protected]
Websitewww.priornilsson.se
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2024 0.50 0.78 2.55 3.87
2023 2.84 0.70 -0.12 1.13 -0.39 0.67 0.89 0.44 0.16 0.31 1.83 2.60 11.58
2022 -1.87 -2.13 0.01 -1.02 -0.45 -3.09 2.79 -0.79 -1.55 0.60 1.36 0.50 -5.65
2021 0.30 1.24 1.76 1.75 0.80 0.02 1.13 0.38 -1.11 1.37 0.42 1.32 9.75
2020 0.48 -0.61 -4.82 1.91 1.45 1.19 0.37 1.14 1.50 -2.04 3.46 0.25 4.11
2019 0.58 0.58

Portfolio Managers

PO Nilsson graduated from the Stockholm School of Economics with an MSc in Economics. After graduating, he worked for two years as an accountant before joining Alfred Berg FondKommission AB as an institutional broker in 1987. He became head of equities in Stockholm in the summer of 1998. PO left Alfred Berg in 2002 and is now a co-owner of Prior&Nilsson och Partners AB, a member of the board of Prior&Nilsson Fond och Kapitalförvaltning AB and manager of the Yield hedge fund and Realinvest global equity fund.

Family of Funds

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 -8.29% 6 14 01/2022 08/2023
2 -5.40% 2 5 02/2020 08/2020
3 -2.04% 1 1 10/2020 11/2020
4 -1.11% 1 1 09/2021 10/2021
5 - - - - -

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return1.27%1.42%0.95%0.54%0.42%
% Positive100.00%100.00%91.67%70.83%72.22%
Avg. Pos. Period1.28%1.43%1.08%1.21%1.07%
Avg. Neg. Period - - -0.39%-1.06%-1.25%
Sharpe Ratio4.875.253.721.381.10
Sortino Ratio0.000.0029.292.461.79
Monthly Volatility0.91%0.94%0.89%1.38%1.34%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 3.46%-4.82%0.45%0.54%2.55%75.00%
3 Months 5.00%-4.95%1.26%1.57%3.87%76.00%
6 Months 9.05%-8.29%2.61%2.98%8.85%72.34%
1 Year 13.17%-5.77%4.99%5.93%12.04%75.61%
2 Years 15.45%1.81%6.76%5.43%13.84%100.00%
3 Years 17.31%7.80%13.51%14.30%16.14%100.00%
5 Years ------

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

PriorNilsson Balans is a fund of funds investing at least 90 percent of its capital in other funds managed by PriorNilsson. The fund aims to offer investors a combined investment strategy that seeks to generate high risk-adjusted returns by allocating between the funds managed by PriorNilsson. The allocation depends on the team’s assessment of prevailing market conditions. PriorNilsson Balans predominantly allocates capital to its two hedge funds: PriorNilsson Yield and PriorNilsson Idea.

Fund Information

General Information

NHX CategoryFund Of Funds
NHX CountrySweden
Legal StructureSwedish Special Fund
Fund DomicileSweden
Minimum Investment500 SEK
AUM688M SEK
Inception DateDec 2019
Management Fee1.00%
Performance Fee20.00%

Company Information

CompanyPrior&Nilsson Fond och Kapitalförvaltning AB
PrincipalTorgny Prior and PO Nilsson
Investor RelationsMarcus Ehrenpreis
AddressBirger Jarlsgatan 2, PO Box 7136
Stockholm, SE-103 87
Phone+46 8 441 77 00
E-mail[email protected]
Websitewww.priornilsson.se
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2024 0.50 0.78 2.55 3.87
2023 2.84 0.70 -0.12 1.13 -0.39 0.67 0.89 0.44 0.16 0.31 1.83 2.60 11.58
2022 -1.87 -2.13 0.01 -1.02 -0.45 -3.09 2.79 -0.79 -1.55 0.60 1.36 0.50 -5.65
2021 0.30 1.24 1.76 1.75 0.80 0.02 1.13 0.38 -1.11 1.37 0.42 1.32 9.75
2020 0.48 -0.61 -4.82 1.91 1.45 1.19 0.37 1.14 1.50 -2.04 3.46 0.25 4.11
2019 0.58 0.58

Portfolio Managers

PO Nilsson graduated from the Stockholm School of Economics with an MSc in Economics. After graduating, he worked for two years as an accountant before joining Alfred Berg FondKommission AB as an institutional broker in 1987. He became head of equities in Stockholm in the summer of 1998. PO left Alfred Berg in 2002 and is now a co-owner of Prior&Nilsson och Partners AB, a member of the board of Prior&Nilsson Fond och Kapitalförvaltning AB and manager of the Yield hedge fund and Realinvest global equity fund.

Family of Funds

Return Statistics

Last Month Return 2.55%
3 Month Return 3.87%
Year to Date Return 3.87%
12 Month Return 12.04%
36 Month Return 16.14%
Total Return Annualized 5.41%
Winning Months (%) 75.00%
Average Winning Month 1.11%
Average Losing Month -1.54%
Total Return Cumulative 25.66%

Risk Statistics (12M)

1 Year
Sharpe Ratio3.72
Sortino Ratio29.29
Sterling1.16
Calmar30.87
Skewness0.88
Kurtosis0.58
Maximum Drawdown-0.39%
Correlation vs S&P 5000.56
Annualized Volatility3.08%
Annualized Down. Deviation0.00%

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 -8.29% 6 14 01/2022 08/2023
2 -5.40% 2 5 02/2020 08/2020
3 -2.04% 1 1 10/2020 11/2020
4 -1.11% 1 1 09/2021 10/2021
5 - - - - -

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return1.27%1.42%0.95%0.54%0.42%
% Positive100.00%100.00%91.67%70.83%72.22%
Avg. Pos. Period1.28%1.43%1.08%1.21%1.07%
Avg. Neg. Period - - -0.39%-1.06%-1.25%
Sharpe Ratio4.875.253.721.381.10
Sortino Ratio0.000.0029.292.461.79
Monthly Volatility0.91%0.94%0.89%1.38%1.34%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 3.46%-4.82%0.45%0.54%2.55%75.00%
3 Months 5.00%-4.95%1.26%1.57%3.87%76.00%
6 Months 9.05%-8.29%2.61%2.98%8.85%72.34%
1 Year 13.17%-5.77%4.99%5.93%12.04%75.61%
2 Years 15.45%1.81%6.76%5.43%13.84%100.00%
3 Years 17.31%7.80%13.51%14.30%16.14%100.00%
5 Years ------

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.