KLP Alfa Global Energi

KLP Kapitalforvaltning AS

Strategy Description

KLP Alfa Global Energi applies a market-neutral hedge fund strategy which aims to have no systematic correlation between the fund's performance and developments in stock or bond markets. The fund employs fundamental and qualitative analysis to identify investment opportunities in energy related stocks globally. KLP Alfa Global Energi takes relative positions combining long positions paired off against short positions. The relative positions may be taken within the same sector, as well as between sectors. The fund normally manages 15 to 20 long positions, with a corresponding number of short positions. Historically, the fund's level of risk has been considerably below the equity market risk.

Fund Information

General Information

NHX CategoryEquities
NHX CountryNorway
Legal StructureAlternative Investment Fund
Fund DomicileNorway
Minimum Investment1,000,000 NOK
AUM2,682M NOK
Inception DateJan 2009
Management Fee0.80%
Performance Fee10.00%
SFDR Classification -

Company Information

CompanyKLP Kapitalforvaltning AS
AddressDronning Eufemias gate 10
Oslo, 0191
Phone+47 918 380 92
E-mail[email protected]
Websitewww.klp.no/virksomhet/fond/spesialfond
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2024 3.25 0.31 1.00 1.34 1.08 0.54 -1.39 -0.20 6.01
2023 0.32 2.79 -0.99 -0.22 -2.22 1.93 3.28 2.41 2.23 2.42 0.10 1.26 13.97
2022 2.90 0.51 0.43 0.19 1.04 -2.98 2.64 0.65 1.07 5.64 1.72 1.66 16.36
2021 7.13 0.72 0.08 3.79 -1.74 -0.93 -1.49 0.57 0.75 0.85 -3.39 3.86 10.20
2020 -0.16 0.19 3.87 1.75 1.23 2.21 0.44 4.96 2.36 -1.59 3.37 3.19 23.90
2019 -1.50 1.81 -0.77 2.60 0.79 0.11 -2.07 0.91 2.66 3.53 -0.52 1.70 9.47
2018 0.13 0.30 -2.17 -2.42 1.89 -2.70 -0.57 -0.25 1.10 -0.06 -1.78 -2.45 -8.74
2017 2.70 3.60 2.60 0.35 -0.97 -0.78 1.42 -0.25 0.35 -1.08 0.00 -0.42 7.64
2016 -0.50 0.70 1.70 -1.00 1.30 3.80 0.30 1.10 -0.20 3.80 -0.80 1.90 12.64
2015 -1.30 1.50 0.90 -2.60 0.30 2.70 2.50 -2.90 1.30 -0.90 3.20 2.60 7.29
2014 1.70 -1.70 0.40 0.40 -1.30 -0.30 0.90 0.30 0.80 -4.40 2.10 1.10 -0.17
2013 -0.20 -1.60 1.30 -3.00 1.40 -4.30 0.20 -3.50 0.10 1.40 1.80 0.50 -5.98
2012 2.90 0.70 -1.70 -0.30 -1.20 -4.30 2.80 0.10 -0.30 -3.50 0.70 2.20 -2.17
2011 1.20 0.20 1.30 3.70 -1.60 -1.50 2.70 6.20 0.20 7.20 -2.30 2.80 21.48
2010 1.90 0.60 2.50 -3.80 -5.70 -5.00 1.40 -3.80 2.40 2.30 2.40 1.90 -3.45
2009 1.50 2.60 3.50 2.10 0.80 2.90 -0.40 -3.70 2.90 1.30 0.70 0.00 14.92

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 -15.93% 5 12 04/2010 08/2011
2 -14.51% 18 34 03/2012 06/2016
3 -11.67% 21 14 05/2017 03/2020
4 -5.33% 7 2 05/2021 01/2022
5 -4.09% 2 3 07/2009 11/2009

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return-0.35%0.39%0.99%1.21%1.01%
% Positive33.33%66.67%83.33%79.17%80.56%
Avg. Pos. Period0.54%0.99%1.35%1.81%1.66%
Avg. Neg. Period-0.80%-0.80%-0.80%-1.00%-1.63%
Sharpe Ratio-1.531.462.862.551.95
Sortino Ratio-1.512.368.467.293.93
Monthly Volatility0.79%0.94%1.20%1.66%1.81%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 7.20%-5.70%0.63%0.70%-0.20%66.49%
3 Months 14.27%-13.82%1.90%1.89%-1.06%66.67%
6 Months 20.82%-13.92%3.79%3.60%2.36%71.04%
1 Year 33.66%-10.35%7.61%7.79%12.51%68.36%
2 Years 48.90%-11.25%15.55%15.89%33.41%77.58%
3 Years 63.79%-11.92%23.03%19.45%43.34%90.85%
5 Years 108.74%3.62%37.15%24.86%106.43%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

KLP Alfa Global Energi applies a market-neutral hedge fund strategy which aims to have no systematic correlation between the fund's performance and developments in stock or bond markets. The fund employs fundamental and qualitative analysis to identify investment opportunities in energy related stocks globally. KLP Alfa Global Energi takes relative positions combining long positions paired off against short positions. The relative positions may be taken within the same sector, as well as between sectors. The fund normally manages 15 to 20 long positions, with a corresponding number of short positions. Historically, the fund's level of risk has been considerably below the equity market risk.

Fund Information

General Information

NHX CategoryEquities
NHX CountryNorway
Legal StructureAlternative Investment Fund
Fund DomicileNorway
Minimum Investment1,000,000 NOK
AUM2,682M NOK
Inception DateJan 2009
Management Fee0.80%
Performance Fee10.00%
SFDR Classification -

Company Information

CompanyKLP Kapitalforvaltning AS
AddressDronning Eufemias gate 10
Oslo, 0191
Phone+47 918 380 92
E-mail[email protected]
Websitewww.klp.no/virksomhet/fond/spesialfond
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2024 3.25 0.31 1.00 1.34 1.08 0.54 -1.39 -0.20 6.01
2023 0.32 2.79 -0.99 -0.22 -2.22 1.93 3.28 2.41 2.23 2.42 0.10 1.26 13.97
2022 2.90 0.51 0.43 0.19 1.04 -2.98 2.64 0.65 1.07 5.64 1.72 1.66 16.36
2021 7.13 0.72 0.08 3.79 -1.74 -0.93 -1.49 0.57 0.75 0.85 -3.39 3.86 10.20
2020 -0.16 0.19 3.87 1.75 1.23 2.21 0.44 4.96 2.36 -1.59 3.37 3.19 23.90
2019 -1.50 1.81 -0.77 2.60 0.79 0.11 -2.07 0.91 2.66 3.53 -0.52 1.70 9.47
2018 0.13 0.30 -2.17 -2.42 1.89 -2.70 -0.57 -0.25 1.10 -0.06 -1.78 -2.45 -8.74
2017 2.70 3.60 2.60 0.35 -0.97 -0.78 1.42 -0.25 0.35 -1.08 0.00 -0.42 7.64
2016 -0.50 0.70 1.70 -1.00 1.30 3.80 0.30 1.10 -0.20 3.80 -0.80 1.90 12.64
2015 -1.30 1.50 0.90 -2.60 0.30 2.70 2.50 -2.90 1.30 -0.90 3.20 2.60 7.29
2014 1.70 -1.70 0.40 0.40 -1.30 -0.30 0.90 0.30 0.80 -4.40 2.10 1.10 -0.17
2013 -0.20 -1.60 1.30 -3.00 1.40 -4.30 0.20 -3.50 0.10 1.40 1.80 0.50 -5.98
2012 2.90 0.70 -1.70 -0.30 -1.20 -4.30 2.80 0.10 -0.30 -3.50 0.70 2.20 -2.17
2011 1.20 0.20 1.30 3.70 -1.60 -1.50 2.70 6.20 0.20 7.20 -2.30 2.80 21.48
2010 1.90 0.60 2.50 -3.80 -5.70 -5.00 1.40 -3.80 2.40 2.30 2.40 1.90 -3.45
2009 1.50 2.60 3.50 2.10 0.80 2.90 -0.40 -3.70 2.90 1.30 0.70 0.00 14.92

Portfolio Managers

     
No data filled

Return Statistics

Last Month Return -0.20%
3 Month Return -1.06%
Year to Date Return 6.01%
12 Month Return 12.51%
36 Month Return 43.34%
Total Return Annualized 7.46%
Winning Months (%) 66.49%
Average Winning Month 1.80%
Average Losing Month -1.76%
Total Return Cumulative 208.81%

Risk Statistics (12M)

1 Year
Sharpe Ratio2.86
Sortino Ratio8.46
Sterling1.08
Calmar7.88
Skewness0.00
Kurtosis1.01
Maximum Drawdown-1.59%
Correlation vs S&P 500-0.43
Annualized Volatility4.17%
Annualized Down. Deviation2.05%

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 -15.93% 5 12 04/2010 08/2011
2 -14.51% 18 34 03/2012 06/2016
3 -11.67% 21 14 05/2017 03/2020
4 -5.33% 7 2 05/2021 01/2022
5 -4.09% 2 3 07/2009 11/2009

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return-0.35%0.39%0.99%1.21%1.01%
% Positive33.33%66.67%83.33%79.17%80.56%
Avg. Pos. Period0.54%0.99%1.35%1.81%1.66%
Avg. Neg. Period-0.80%-0.80%-0.80%-1.00%-1.63%
Sharpe Ratio-1.531.462.862.551.95
Sortino Ratio-1.512.368.467.293.93
Monthly Volatility0.79%0.94%1.20%1.66%1.81%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 7.20%-5.70%0.63%0.70%-0.20%66.49%
3 Months 14.27%-13.82%1.90%1.89%-1.06%66.67%
6 Months 20.82%-13.92%3.79%3.60%2.36%71.04%
1 Year 33.66%-10.35%7.61%7.79%12.51%68.36%
2 Years 48.90%-11.25%15.55%15.89%33.41%77.58%
3 Years 63.79%-11.92%23.03%19.45%43.34%90.85%
5 Years 108.74%3.62%37.15%24.86%106.43%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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