Calgus

Sivers Urban Fonder AB

Strategy Description

Calgus is a long/short equity fund seeking to maintain a concentrated portfolio of 15-25 holdings in Swedish listed companies, focusing on large and medium-sized Swedish companies. The Swedish special fund focuses on long-term investments in Swedish companies to achieve long-term, good capital growth. Calgus can adjust its net market exposure depending on the opportunity set and has the ability to employ leverage, use derivatives and short individual companies to lower the net exposure or stay fully in cash. The fund’s ten largest holdings tend to account for 50-70 percent of the portfolio.

Fund Information

General Information

NHX CategoryEquities
NHX CountrySweden
Legal StructureSwedish Special Fund
Fund DomicileSweden
Minimum Investment100 SEK
AUM226M SEK
Inception DateJan 2010
Management Fee1.00%
Performance Fee20.00%

Company Information

CompanySivers Urban Fonder AB
AddressSibyllegatan 49
Stockholm, 114 42
Phone+46 8 662 39 79
E-mail[email protected]
Websitewww.calgus.com
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2024 1.20 1.60 1.20 4.92 3.19 12.66
2023 6.45 -0.84 -1.24 1.92 -0.03 4.19 1.73 -3.48 -4.06 -2.51 6.44 3.90 12.40
2022 -9.05 -9.26 -0.35 -6.73 3.16 -8.62 6.25 -8.64 -6.50 5.58 3.76 1.26 -27.21
2021 1.76 2.79 4.78 4.15 5.06 -2.56 11.77 -1.91 -6.22 5.25 2.30 7.07 38.51
2020 -0.64 -5.38 -16.68 5.76 1.72 6.27 6.65 5.63 3.43 -5.35 8.55 4.52 12.05
2019 4.30 0.64 1.01 6.23 -3.65 4.44 2.16 -4.69 4.04 2.69 4.24 1.71 25.01
2018 2.28 -0.50 -2.85 3.37 5.13 -3.59 2.03 -1.11 1.70 -6.15 -3.02 -5.68 -8.75
2017 7.43 1.54 3.54 2.92 3.48 2.25 0.67 1.04 0.12 -0.94 -1.86 1.80 23.96
2016 -4.45 -0.96 1.02 -0.70 0.00 -0.19 6.40 3.34 2.49 1.58 3.84 5.36 18.66
2015 3.57 8.32 -2.70 2.59 0.38 -4.48 3.15 -1.50 -0.42 1.83 5.76 0.22 17.25
2014 0.09 2.64 -0.49 -1.11 4.85 -3.43 -2.11 -0.15 -0.82 1.12 1.48 3.32 5.21
2013 3.20 4.71 -0.80 -2.46 2.45 -0.94 4.94 2.52 0.80 2.09 5.20 0.74 24.50
2012 5.63 3.83 -3.53 1.45 -2.39 -0.92 0.37 -0.22 2.93 -0.94 0.52 4.54 11.39
2011 -0.99 -3.61 1.91 5.66 -2.91 -2.36 -3.65 -0.95 -9.44 0.09 0.52 -0.24 -15.49
2010 0.13 -0.57 5.04 2.56 -9.81 -1.34 4.22 -3.07 5.15 -1.81 1.95 5.77 7.34

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 -34.38% 9 0 01/2022 -
2 -21.67% 3 5 01/2020 08/2020
3 -18.07% 5 22 05/2011 07/2013
4 -15.07% 7 10 06/2018 10/2019
5 -11.02% 2 6 05/2010 12/2010

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return3.09%2.66%1.48%0.64%0.17%
% Positive100.00%100.00%75.00%62.50%55.56%
Avg. Pos. Period3.11%2.67%3.15%3.57%4.16%
Avg. Neg. Period - - -3.35%-3.99%-4.50%
Sharpe Ratio7.076.451.650.580.21
Sortino Ratio0.000.003.000.720.16
Monthly Volatility1.52%1.43%3.21%4.40%5.18%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 11.77%-16.68%0.85%1.26%3.19%61.27%
3 Months 19.72%-21.67%2.54%2.82%9.57%67.84%
6 Months 33.21%-27.70%5.09%5.52%17.05%70.24%
1 Year 59.46%-27.21%10.54%9.19%19.21%72.84%
2 Years 66.49%-18.96%22.01%23.83%16.49%78.67%
3 Years 94.01%-1.93%38.28%41.14%6.46%97.83%
5 Years 144.31%14.96%75.62%69.59%64.78%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

Calgus is a long/short equity fund seeking to maintain a concentrated portfolio of 15-25 holdings in Swedish listed companies, focusing on large and medium-sized Swedish companies. The Swedish special fund focuses on long-term investments in Swedish companies to achieve long-term, good capital growth. Calgus can adjust its net market exposure depending on the opportunity set and has the ability to employ leverage, use derivatives and short individual companies to lower the net exposure or stay fully in cash. The fund’s ten largest holdings tend to account for 50-70 percent of the portfolio.

Fund Information

General Information

NHX CategoryEquities
NHX CountrySweden
Legal StructureSwedish Special Fund
Fund DomicileSweden
Minimum Investment100 SEK
AUM226M SEK
Inception DateJan 2010
Management Fee1.00%
Performance Fee20.00%

Company Information

CompanySivers Urban Fonder AB
AddressSibyllegatan 49
Stockholm, 114 42
Phone+46 8 662 39 79
E-mail[email protected]
Websitewww.calgus.com
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2024 1.20 1.60 1.20 4.92 3.19 12.66
2023 6.45 -0.84 -1.24 1.92 -0.03 4.19 1.73 -3.48 -4.06 -2.51 6.44 3.90 12.40
2022 -9.05 -9.26 -0.35 -6.73 3.16 -8.62 6.25 -8.64 -6.50 5.58 3.76 1.26 -27.21
2021 1.76 2.79 4.78 4.15 5.06 -2.56 11.77 -1.91 -6.22 5.25 2.30 7.07 38.51
2020 -0.64 -5.38 -16.68 5.76 1.72 6.27 6.65 5.63 3.43 -5.35 8.55 4.52 12.05
2019 4.30 0.64 1.01 6.23 -3.65 4.44 2.16 -4.69 4.04 2.69 4.24 1.71 25.01
2018 2.28 -0.50 -2.85 3.37 5.13 -3.59 2.03 -1.11 1.70 -6.15 -3.02 -5.68 -8.75
2017 7.43 1.54 3.54 2.92 3.48 2.25 0.67 1.04 0.12 -0.94 -1.86 1.80 23.96
2016 -4.45 -0.96 1.02 -0.70 0.00 -0.19 6.40 3.34 2.49 1.58 3.84 5.36 18.66
2015 3.57 8.32 -2.70 2.59 0.38 -4.48 3.15 -1.50 -0.42 1.83 5.76 0.22 17.25
2014 0.09 2.64 -0.49 -1.11 4.85 -3.43 -2.11 -0.15 -0.82 1.12 1.48 3.32 5.21
2013 3.20 4.71 -0.80 -2.46 2.45 -0.94 4.94 2.52 0.80 2.09 5.20 0.74 24.50
2012 5.63 3.83 -3.53 1.45 -2.39 -0.92 0.37 -0.22 2.93 -0.94 0.52 4.54 11.39
2011 -0.99 -3.61 1.91 5.66 -2.91 -2.36 -3.65 -0.95 -9.44 0.09 0.52 -0.24 -15.49
2010 0.13 -0.57 5.04 2.56 -9.81 -1.34 4.22 -3.07 5.15 -1.81 1.95 5.77 7.34

Portfolio Managers

 
No data filled

Return Statistics

Last Month Return 3.19%
3 Month Return 9.57%
Year to Date Return 12.66%
12 Month Return 19.21%
36 Month Return 6.46%
Total Return Annualized 9.55%
Winning Months (%) 61.27%
Average Winning Month 3.37%
Average Losing Month -3.19%
Total Return Cumulative 272.49%

Risk Statistics (12M)

1 Year
Sharpe Ratio1.65
Sortino Ratio3.00
Sterling0.97
Calmar1.98
Skewness-0.56
Kurtosis-0.09
Maximum Drawdown-9.72%
Correlation vs S&P 5000.68
Annualized Volatility11.14%
Annualized Down. Deviation2.22%

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 -34.38% 9 0 01/2022 -
2 -21.67% 3 5 01/2020 08/2020
3 -18.07% 5 22 05/2011 07/2013
4 -15.07% 7 10 06/2018 10/2019
5 -11.02% 2 6 05/2010 12/2010

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return3.09%2.66%1.48%0.64%0.17%
% Positive100.00%100.00%75.00%62.50%55.56%
Avg. Pos. Period3.11%2.67%3.15%3.57%4.16%
Avg. Neg. Period - - -3.35%-3.99%-4.50%
Sharpe Ratio7.076.451.650.580.21
Sortino Ratio0.000.003.000.720.16
Monthly Volatility1.52%1.43%3.21%4.40%5.18%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 11.77%-16.68%0.85%1.26%3.19%61.27%
3 Months 19.72%-21.67%2.54%2.82%9.57%67.84%
6 Months 33.21%-27.70%5.09%5.52%17.05%70.24%
1 Year 59.46%-27.21%10.54%9.19%19.21%72.84%
2 Years 66.49%-18.96%22.01%23.83%16.49%78.67%
3 Years 94.01%-1.93%38.28%41.14%6.46%97.83%
5 Years 144.31%14.96%75.62%69.59%64.78%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.