Oslo Asset Management

OAM Absolute Return Fund

Strategy Description

The OAM Absolute Return Fund is a specialized long/short equity fund aiming to exploit fundamental inefficiencies in publicly-traded securities related to global energy and natural resources. By applying a bottom-up proprietary fundamental research process, combined with an extensive industry network and relationships, the fund seeks to identify and exploit absolute or relative valuation inefficiencies. The fund analyzes industries and individual securities applying a fundamental and cash-flow oriented valuation methodology in combination with various forms of comparative analysis.

Fund Information

General Information

NHX CategoryEquities
NHX CountryNorway
Legal StructureOpen Ended Investment Fund
Fund DomicileIreland
Minimum Investment100,000 EUR
AUM167M USD
Inception DateDec 2005
Management Fee1.50%
Performance Fee20.00%

Company Information

CompanyOslo Asset Management
PrincipalHarald James Otterhaug
AddressHenrik Ibsens gate 20
Oslo, 0255
Phone(+47) 24 13 00 71
E-mail[email protected]
Websitewww.osloam.com
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2023 2.55 2.02 -0.29 1.20 1.62 4.27 4.73 8.75 2.68 -0.02 30.79
2022 4.46 -1.07 -0.10 3.10 8.00 -2.91 0.26 4.52 5.56 4.52 -0.37 -0.83 27.51
2021 1.17 17.49 -0.15 1.69 3.94 7.38 0.22 2.11 5.99 -1.14 0.82 -0.36 45.10
2020 -5.33 -1.66 5.59 9.31 5.83 10.79 0.18 5.40 1.33 -2.86 12.16 2.72 50.86
2019 -2.38 -6.13 1.79 3.80 -10.79 -0.37 -10.56 -10.10 0.87 -4.99 13.92 4.55 -21.02
2018 3.37 3.66 2.81 7.74 1.52 1.81 -5.36 0.02 1.69 -6.51 -8.62 -8.80 -7.99
2017 -5.26 -4.21 4.18 -0.59 -3.52 -1.82 1.49 -2.54 10.34 3.18 1.72 1.44 3.44
2016 7.06 0.03 -2.68 0.54 -5.45 3.32 7.68 2.29 -4.47 2.37 -0.04 1.65 12.04
2015 4.52 2.90 -0.49 2.80 -1.38 7.83 2.73 -1.79 5.60 -1.68 13.54 13.92 58.52
2014 -0.05 -0.91 0.21 -0.46 -2.04 -0.74 -1.26 -1.39 -2.82 -5.31 5.25 -0.48 -9.85
2013 -1.88 -2.34 -1.16 4.47 5.16 -0.94 1.51 0.48 1.63 1.47 -2.65 -0.75 4.75
2012 -7.41 0.17 -1.19 -0.17 4.77 -4.94 4.97 2.85 1.38 -3.65 2.47 2.52 0.94
2011 6.44 1.40 1.25 2.11 2.36 -1.05 1.57 0.16 2.16 -1.21 5.22 -4.77 16.27
2010 2.65 1.36 -2.29 3.50 -2.74 -0.95 -0.23 -1.88 1.60 1.16 -1.80 1.50 1.66
2009 2.98 2.12 0.46 0.50 1.88 0.18 -0.77 1.47 -1.30 2.32 -1.25 -1.34 7.36
2008 -0.89 3.16 -0.75 1.30 1.25 2.46 -4.00 2.75 2.83 7.90 -1.78 0.34 15.02
2007 3.13 1.44 0.15 1.42 -0.42 2.31 -3.37 5.34 1.14 1.49 3.81 2.81 20.72
2006 0.49 0.12 0.78 0.42 1.05 1.43 2.60 0.54 1.60 0.82 4.61 -3.42 11.41
2005 2.02 2.02

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 -50.26% 16 16 07/2018 02/2021
2 -16.84% 12 8 11/2013 06/2015
3 -13.23% 7 11 12/2011 05/2013
4 -12.50% 12 3 09/2016 11/2017
5 -7.49% 3 2 03/2016 07/2016

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return3.74%3.63%2.16%2.17%2.89%
% Positive66.67%83.33%66.67%66.67%72.22%
Avg. Pos. Period5.72%4.41%3.48%3.69%4.38%
Avg. Neg. Period-0.02%-0.02%-0.38%-0.74%-0.72%
Sharpe Ratio3.594.592.902.672.57
Sortino Ratio1121.751542.1927.2211.3017.35
Monthly Volatility3.67%2.77%2.62%2.87%4.00%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 17.49%-10.79%1.12%1.25%-0.02%63.26%
3 Months 38.48%-22.09%3.48%2.97%11.64%70.89%
6 Months 43.82%-31.51%7.11%6.83%23.89%76.19%
1 Year 92.62%-45.62%14.99%14.12%29.23%77.45%
2 Years 159.54%-37.04%30.71%22.03%67.54%85.42%
3 Years 236.46%-35.87%46.02%34.77%178.80%87.78%
5 Years 140.30%4.80%59.29%58.40%140.30%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

The OAM Absolute Return Fund is a specialized long/short equity fund aiming to exploit fundamental inefficiencies in publicly-traded securities related to global energy and natural resources. By applying a bottom-up proprietary fundamental research process, combined with an extensive industry network and relationships, the fund seeks to identify and exploit absolute or relative valuation inefficiencies. The fund analyzes industries and individual securities applying a fundamental and cash-flow oriented valuation methodology in combination with various forms of comparative analysis.

Fund Information

General Information

NHX CategoryEquities
NHX CountryNorway
Legal StructureOpen Ended Investment Fund
Fund DomicileIreland
Minimum Investment100,000 EUR
AUM167M USD
Inception DateDec 2005
Management Fee1.50%
Performance Fee20.00%

Company Information

CompanyOslo Asset Management
PrincipalHarald James Otterhaug
AddressHenrik Ibsens gate 20
Oslo, 0255
Phone(+47) 24 13 00 71
E-mail[email protected]
Websitewww.osloam.com
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2023 2.55 2.02 -0.29 1.20 1.62 4.27 4.73 8.75 2.68 -0.02 30.79
2022 4.46 -1.07 -0.10 3.10 8.00 -2.91 0.26 4.52 5.56 4.52 -0.37 -0.83 27.51
2021 1.17 17.49 -0.15 1.69 3.94 7.38 0.22 2.11 5.99 -1.14 0.82 -0.36 45.10
2020 -5.33 -1.66 5.59 9.31 5.83 10.79 0.18 5.40 1.33 -2.86 12.16 2.72 50.86
2019 -2.38 -6.13 1.79 3.80 -10.79 -0.37 -10.56 -10.10 0.87 -4.99 13.92 4.55 -21.02
2018 3.37 3.66 2.81 7.74 1.52 1.81 -5.36 0.02 1.69 -6.51 -8.62 -8.80 -7.99
2017 -5.26 -4.21 4.18 -0.59 -3.52 -1.82 1.49 -2.54 10.34 3.18 1.72 1.44 3.44
2016 7.06 0.03 -2.68 0.54 -5.45 3.32 7.68 2.29 -4.47 2.37 -0.04 1.65 12.04
2015 4.52 2.90 -0.49 2.80 -1.38 7.83 2.73 -1.79 5.60 -1.68 13.54 13.92 58.52
2014 -0.05 -0.91 0.21 -0.46 -2.04 -0.74 -1.26 -1.39 -2.82 -5.31 5.25 -0.48 -9.85
2013 -1.88 -2.34 -1.16 4.47 5.16 -0.94 1.51 0.48 1.63 1.47 -2.65 -0.75 4.75
2012 -7.41 0.17 -1.19 -0.17 4.77 -4.94 4.97 2.85 1.38 -3.65 2.47 2.52 0.94
2011 6.44 1.40 1.25 2.11 2.36 -1.05 1.57 0.16 2.16 -1.21 5.22 -4.77 16.27
2010 2.65 1.36 -2.29 3.50 -2.74 -0.95 -0.23 -1.88 1.60 1.16 -1.80 1.50 1.66
2009 2.98 2.12 0.46 0.50 1.88 0.18 -0.77 1.47 -1.30 2.32 -1.25 -1.34 7.36
2008 -0.89 3.16 -0.75 1.30 1.25 2.46 -4.00 2.75 2.83 7.90 -1.78 0.34 15.02
2007 3.13 1.44 0.15 1.42 -0.42 2.31 -3.37 5.34 1.14 1.49 3.81 2.81 20.72
2006 0.49 0.12 0.78 0.42 1.05 1.43 2.60 0.54 1.60 0.82 4.61 -3.42 11.41
2005 2.02 2.02

Portfolio Managers

   
No data filled

Return Statistics

Last Month Return -0.02%
3 Month Return 11.64%
Year to Date Return 30.79%
12 Month Return 29.23%
36 Month Return 178.80%
Total Return Annualized 13.26%
Winning Months (%) 63.26%
Average Winning Month 3.30%
Average Losing Month -2.61%
Total Return Cumulative 830.46%

Risk Statistics (12M)

1 Year
Sharpe Ratio2.90
Sortino Ratio27.22
Sterling2.61
Calmar24.52
Skewness1.43
Kurtosis3.01
Maximum Drawdown-1.19%
Correlation vs S&P 5000.07
Annualized Volatility9.07%
Annualized Down. Deviation1.01%

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 -50.26% 16 16 07/2018 02/2021
2 -16.84% 12 8 11/2013 06/2015
3 -13.23% 7 11 12/2011 05/2013
4 -12.50% 12 3 09/2016 11/2017
5 -7.49% 3 2 03/2016 07/2016

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return3.74%3.63%2.16%2.17%2.89%
% Positive66.67%83.33%66.67%66.67%72.22%
Avg. Pos. Period5.72%4.41%3.48%3.69%4.38%
Avg. Neg. Period-0.02%-0.02%-0.38%-0.74%-0.72%
Sharpe Ratio3.594.592.902.672.57
Sortino Ratio1121.751542.1927.2211.3017.35
Monthly Volatility3.67%2.77%2.62%2.87%4.00%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 17.49%-10.79%1.12%1.25%-0.02%63.26%
3 Months 38.48%-22.09%3.48%2.97%11.64%70.89%
6 Months 43.82%-31.51%7.11%6.83%23.89%76.19%
1 Year 92.62%-45.62%14.99%14.12%29.23%77.45%
2 Years 159.54%-37.04%30.71%22.03%67.54%85.42%
3 Years 236.46%-35.87%46.02%34.77%178.80%87.78%
5 Years 140.30%4.80%59.29%58.40%140.30%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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