Oceanic Investment Management Limited

Oceanic Hedge Fund

Strategy Description

The Oceanic Hedge Fund is a long/short Energy Transition and Shipping fund established in 2002. The fund manager has a fundamental investment philosophy - based on long term technology trends and cyclical valuation analysis. The company possesses proprietary long-term cycle research and real time data from its pioneering vessel tracking system TRACS. The fund employs four strategies as follows: 

1. The New Energy strategy, introduced in 2008, picks up the structural themes and looks for companies with the best technological and market positions on a global basis. 

2. The oil and gas strategy is based on long-term and short-term modelling of the underlying physical asset market. The approach has been particularly effective at picking up oversupply or undersupply in asset-heavy parts of the sector, and to participate in restructuring opportunities that arise. 

3. The shipping strategy is based on modelling of freight and shipping equities. It uses a valuation framework based on cyclical mean reversion overlaid with structural changes such as carbon emission reduction requirements. This approach gives a long or short bias for each segment and a spread of long and short positions within the segment. 

4. The systematic shipping strategy is based on the proprietary satellite vessel tracking system TRACS – which has been providing real time updates on ship movements and cargo flows since 2011. The system uses predictive analytics in a demand/supply framework to identify short-term imbalances in 15 segment models.

Fund Information

General Information

NHX CategoryEquities
NHX CountryNorway
Legal StructureInvestment Company
Fund DomicileCayman Islands
Minimum Investment100,000 USD
AUM141M USD
Inception DateAug 2002
Management Fee1.75%
Performance Fee20.00%

Company Information

CompanyOceanic Investment Management Limited
PrincipalCato Brahde
AddressSt. George’s Court, Upper Church Street
Douglas, Isle of Man, IM1 1EE
Phone+44 1624 663616
E-mail[email protected]
Websitewww.oceanicim.com
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2024 -1.00 2.80 0.94 2.73
2023 1.00 1.60 -3.30 -0.50 -1.10 2.40 1.70 1.16 2.50 -0.70 2.60 -0.62 6.76
2022 2.95 4.85 6.61 0.38 3.36 -1.67 0.75 6.27 1.94 3.34 0.81 2.19 36.41
2021 1.40 0.60 -0.20 10.50 -0.30 6.10 -1.80 5.10 3.80 -1.80 -3.50 2.30 23.58
2020 -2.31 0.70 -4.40 -2.10 0.70 1.40 0.90 0.60 -1.90 0.70 2.90 5.63 2.46
2019 -1.63 -0.47 2.66 2.58 2.66 0.38 0.49 4.67 0.28 3.65 2.03 1.02 19.75
2018 -2.17 1.27 -2.14 1.31 1.18 1.73 0.14 1.03 2.34 -1.98 -7.00 -0.63 -5.18
2017 5.22 -2.05 2.53 -3.42 -1.57 0.09 -1.02 2.29 -7.43 -1.07 0.72 3.51 -2.80
2016 -4.43 -4.30 -2.68 0.22 2.77 -3.81 -2.77 3.00 -2.21 0.22 -2.11 -2.15 -17.10
2015 -0.42 -0.22 1.00 0.92 -1.13 1.53 2.03 -1.97 -0.38 -3.79 -1.67 5.35 0.97
2014 3.69 1.36 -1.15 -2.76 -0.57 0.77 -2.94 2.09 2.58 0.06 1.42 -0.53 3.87
2013 6.05 0.24 1.76 0.23 2.09 -1.03 0.57 2.07 2.05 2.67 3.08 1.52 23.30
2012 -1.85 2.12 -3.03 -2.53 -3.15 -1.65 -1.95 1.28 0.36 -0.67 0.71 2.55 -7.73
2011 1.53 1.32 1.12 0.25 -1.92 -1.14 2.87 0.74 0.56 1.29 0.01 -1.42 5.24
2010 1.45 -0.61 -1.70 0.42 -4.53 -2.07 1.63 -0.88 1.24 -0.05 0.99 3.85 -0.50
2009 1.11 2.53 1.11 -0.49 3.64 -0.26 -0.44 0.55 0.98 1.26 -0.85 -0.49 8.89
2008 -0.86 3.89 -3.04 1.83 2.37 -0.52 -5.93 0.04 -0.50 4.50 2.17 2.02 5.63
2007 2.81 1.71 0.96 5.73 3.01 1.68 2.84 -2.31 4.23 -0.32 -1.47 3.31 24.20
2006 2.88 -1.65 2.86 3.70 -1.55 -1.66 0.35 0.21 0.34 3.06 5.73 -2.74 11.74
2005 -1.78 5.93 -0.79 -1.09 0.88 0.27 3.61 2.67 4.60 -2.63 1.09 9.75 24.16
2004 3.36 3.18 -0.43 -2.26 -1.07 2.24 -0.70 1.90 6.14 0.52 2.73 0.96 17.54
2003 0.83 -1.54 1.01 2.79 2.95 1.29 -0.63 2.27 1.30 5.00 1.95 4.67 23.96
2002 -0.06 -2.49 2.13 0.00 4.43 3.94

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 -27.19% 43 26 08/2015 04/2021
2 -12.78% 8 10 12/2011 05/2013
3 -8.26% 5 8 02/2010 02/2011
4 -6.85% 4 3 06/2008 12/2008
5 -6.52% 5 9 03/2014 04/2015

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return0.90%0.66%0.84%1.10%1.67%
% Positive66.67%50.00%58.33%70.83%69.44%
Avg. Pos. Period1.87%2.11%2.01%2.10%3.12%
Avg. Neg. Period-1.00%-0.77%-0.78%-1.27%-1.48%
Sharpe Ratio2.041.481.981.962.03
Sortino Ratio5.414.085.504.525.80
Monthly Volatility1.55%1.56%1.48%1.98%2.92%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 10.50%-7.43%0.75%0.79%0.94%63.46%
3 Months 16.89%-10.99%2.31%2.21%2.73%70.54%
6 Months 25.22%-11.82%4.73%4.46%4.01%72.94%
1 Year 39.70%-17.10%9.72%9.96%10.52%73.09%
2 Years 77.88%-22.14%20.19%18.88%30.01%79.32%
3 Years 94.57%-23.60%30.37%20.54%81.62%79.11%
5 Years 163.89%-25.35%45.38%28.57%125.70%80.60%

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 Oceanic Hedge Fund is a long/short Energy Transition and Shipping fund established in 2002. The fund manager has a fundamental investment philosophy - based on long term technology trends and cyclical valuation analysis. The company possesses proprietary long-term cycle research and real time data from its pioneering vessel tracking system TRACS. The fund employs four strategies as follows: 

1. The New Energy strategy, introduced in 2008, picks up the structural themes and looks for companies with the best technological and market positions on a global basis. 

2. The oil and gas strategy is based on long-term and short-term modelling of the underlying physical asset market. The approach has been particularly effective at picking up oversupply or undersupply in asset-heavy parts of the sector, and to participate in restructuring opportunities that arise. 

3. The shipping strategy is based on modelling of freight and shipping equities. It uses a valuation framework based on cyclical mean reversion overlaid with structural changes such as carbon emission reduction requirements. This approach gives a long or short bias for each segment and a spread of long and short positions within the segment. 

4. The systematic shipping strategy is based on the proprietary satellite vessel tracking system TRACS – which has been providing real time updates on ship movements and cargo flows since 2011. The system uses predictive analytics in a demand/supply framework to identify short-term imbalances in 15 segment models.

Fund Information

General Information

NHX CategoryEquities
NHX CountryNorway
Legal StructureInvestment Company
Fund DomicileCayman Islands
Minimum Investment100,000 USD
AUM141M USD
Inception DateAug 2002
Management Fee1.75%
Performance Fee20.00%

Company Information

CompanyOceanic Investment Management Limited
PrincipalCato Brahde
AddressSt. George’s Court, Upper Church Street
Douglas, Isle of Man, IM1 1EE
Phone+44 1624 663616
E-mail[email protected]
Websitewww.oceanicim.com
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2024 -1.00 2.80 0.94 2.73
2023 1.00 1.60 -3.30 -0.50 -1.10 2.40 1.70 1.16 2.50 -0.70 2.60 -0.62 6.76
2022 2.95 4.85 6.61 0.38 3.36 -1.67 0.75 6.27 1.94 3.34 0.81 2.19 36.41
2021 1.40 0.60 -0.20 10.50 -0.30 6.10 -1.80 5.10 3.80 -1.80 -3.50 2.30 23.58
2020 -2.31 0.70 -4.40 -2.10 0.70 1.40 0.90 0.60 -1.90 0.70 2.90 5.63 2.46
2019 -1.63 -0.47 2.66 2.58 2.66 0.38 0.49 4.67 0.28 3.65 2.03 1.02 19.75
2018 -2.17 1.27 -2.14 1.31 1.18 1.73 0.14 1.03 2.34 -1.98 -7.00 -0.63 -5.18
2017 5.22 -2.05 2.53 -3.42 -1.57 0.09 -1.02 2.29 -7.43 -1.07 0.72 3.51 -2.80
2016 -4.43 -4.30 -2.68 0.22 2.77 -3.81 -2.77 3.00 -2.21 0.22 -2.11 -2.15 -17.10
2015 -0.42 -0.22 1.00 0.92 -1.13 1.53 2.03 -1.97 -0.38 -3.79 -1.67 5.35 0.97
2014 3.69 1.36 -1.15 -2.76 -0.57 0.77 -2.94 2.09 2.58 0.06 1.42 -0.53 3.87
2013 6.05 0.24 1.76 0.23 2.09 -1.03 0.57 2.07 2.05 2.67 3.08 1.52 23.30
2012 -1.85 2.12 -3.03 -2.53 -3.15 -1.65 -1.95 1.28 0.36 -0.67 0.71 2.55 -7.73
2011 1.53 1.32 1.12 0.25 -1.92 -1.14 2.87 0.74 0.56 1.29 0.01 -1.42 5.24
2010 1.45 -0.61 -1.70 0.42 -4.53 -2.07 1.63 -0.88 1.24 -0.05 0.99 3.85 -0.50
2009 1.11 2.53 1.11 -0.49 3.64 -0.26 -0.44 0.55 0.98 1.26 -0.85 -0.49 8.89
2008 -0.86 3.89 -3.04 1.83 2.37 -0.52 -5.93 0.04 -0.50 4.50 2.17 2.02 5.63
2007 2.81 1.71 0.96 5.73 3.01 1.68 2.84 -2.31 4.23 -0.32 -1.47 3.31 24.20
2006 2.88 -1.65 2.86 3.70 -1.55 -1.66 0.35 0.21 0.34 3.06 5.73 -2.74 11.74
2005 -1.78 5.93 -0.79 -1.09 0.88 0.27 3.61 2.67 4.60 -2.63 1.09 9.75 24.16
2004 3.36 3.18 -0.43 -2.26 -1.07 2.24 -0.70 1.90 6.14 0.52 2.73 0.96 17.54
2003 0.83 -1.54 1.01 2.79 2.95 1.29 -0.63 2.27 1.30 5.00 1.95 4.67 23.96
2002 -0.06 -2.49 2.13 0.00 4.43 3.94

Portfolio Managers

 
No data filled

Return Statistics

Last Month Return 0.94%
3 Month Return 2.73%
Year to Date Return 2.73%
12 Month Return 10.52%
36 Month Return 81.62%
Total Return Annualized 9.02%
Winning Months (%) 63.46%
Average Winning Month 2.23%
Average Losing Month -1.82%
Total Return Cumulative 549.92%

Risk Statistics (12M)

1 Year
Sharpe Ratio1.98
Sortino Ratio5.50
Sterling0.91
Calmar6.52
Skewness-0.04
Kurtosis-1.52
Maximum Drawdown-1.61%
Correlation vs S&P 5000.33
Annualized Volatility5.14%
Annualized Down. Deviation0.79%

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 -27.19% 43 26 08/2015 04/2021
2 -12.78% 8 10 12/2011 05/2013
3 -8.26% 5 8 02/2010 02/2011
4 -6.85% 4 3 06/2008 12/2008
5 -6.52% 5 9 03/2014 04/2015

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return0.90%0.66%0.84%1.10%1.67%
% Positive66.67%50.00%58.33%70.83%69.44%
Avg. Pos. Period1.87%2.11%2.01%2.10%3.12%
Avg. Neg. Period-1.00%-0.77%-0.78%-1.27%-1.48%
Sharpe Ratio2.041.481.981.962.03
Sortino Ratio5.414.085.504.525.80
Monthly Volatility1.55%1.56%1.48%1.98%2.92%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 10.50%-7.43%0.75%0.79%0.94%63.46%
3 Months 16.89%-10.99%2.31%2.21%2.73%70.54%
6 Months 25.22%-11.82%4.73%4.46%4.01%72.94%
1 Year 39.70%-17.10%9.72%9.96%10.52%73.09%
2 Years 77.88%-22.14%20.19%18.88%30.01%79.32%
3 Years 94.57%-23.60%30.37%20.54%81.62%79.11%
5 Years 163.89%-25.35%45.38%28.57%125.70%80.60%

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.