Pensum Asset Management AS

Pensum Global Opportunities

Strategy Description

Pensum Global Opportunities (PGO) is a global long/short equity fund running three ‘risk books’: Long Book, Short Book and Tail Risk Book. Investment risk is mitigated using three categories of trades: (a) Store-of-Value trades: uncorrelated strategies such as holding cash; (b) Alpha trades: uncorrelated / negatively-correlated strategies, such as shorts, gold miners or Eurodollar call options; and (c) Insurance trades: negatively correlated, highly-convex trades, such as put options on broader equity indices. The goal of Pensum Global Opportunities (PGO) is to generate a compound annual growth rateof  12 percent in excess of the risk-free rate.

Fund Information

General Information

NHX CategoryEquities
NHX CountryNorway
Legal StructureAlternative Investment Fund
Fund DomicileSweden
Minimum Investment10,000,000 NOK
AUM133M NOK
Inception DateJan 2022
Management Fee0.50%
Performance Fee20% above NIBOR 3M + 2%

Company Information

CompanyPensum Asset Management AS
Principal -
AddressFrøyas gate 15
Oslo, 0273
Phone+47 23 89 68 44
E-mail[email protected]
Websitewww.pensumgroup.no
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2024 6.70 -10.71 8.47 11.21 14.92
2023 -4.00 -3.97 2.15 -2.47 -7.98 -4.78 -0.04 4.49 9.28 7.93 -4.83 -10.67 -15.72
2022 -1.79 3.61 -0.28 9.51 -1.96 -5.04 -4.15 -0.72 6.01 -1.25 -3.14 -1.88 -2.05

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 -29.22% 22 0 05/2022 -
2 -1.79% 1 1 01/2022 02/2022
3 -0.28% 1 1 03/2022 04/2022
4 - - - - -
5 - - - - -

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return2.51%-0.39%0.44%-0.66% -
% Positive66.67%50.00%50.00%33.33% -
Avg. Pos. Period9.84%8.79%8.01%7.03% -
Avg. Neg. Period-10.71%-8.74%-6.50%-4.22% -
Sharpe Ratio1.060.010.33-0.27 -
Sortino Ratio1.40-0.210.29-0.53 -
Monthly Volatility9.75%9.07%7.87%6.07% -

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 11.21%-10.71%-0.01%-1.52%11.21%35.71%
3 Months 23.24%-14.89%-1.26%-2.44%7.71%46.15%
6 Months 11.79%-19.53%-4.11%-5.17%-2.30%30.43%
1 Year 5.46%-24.01%-11.44%-11.26%5.46%5.88%
2 Years -10.31%-22.70%-16.20%-15.92%-14.62%0.00%
3 Years ------
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

Pensum Global Opportunities (PGO) is a global long/short equity fund running three ‘risk books’: Long Book, Short Book and Tail Risk Book. Investment risk is mitigated using three categories of trades: (a) Store-of-Value trades: uncorrelated strategies such as holding cash; (b) Alpha trades: uncorrelated / negatively-correlated strategies, such as shorts, gold miners or Eurodollar call options; and (c) Insurance trades: negatively correlated, highly-convex trades, such as put options on broader equity indices. The goal of Pensum Global Opportunities (PGO) is to generate a compound annual growth rateof  12 percent in excess of the risk-free rate.

Fund Information

General Information

NHX CategoryEquities
NHX CountryNorway
Legal StructureAlternative Investment Fund
Fund DomicileSweden
Minimum Investment10,000,000 NOK
AUM133M NOK
Inception DateJan 2022
Management Fee0.50%
Performance Fee20% above NIBOR 3M + 2%

Company Information

CompanyPensum Asset Management AS
Principal -
AddressFrøyas gate 15
Oslo, 0273
Phone+47 23 89 68 44
E-mail[email protected]
Websitewww.pensumgroup.no
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2024 6.70 -10.71 8.47 11.21 14.92
2023 -4.00 -3.97 2.15 -2.47 -7.98 -4.78 -0.04 4.49 9.28 7.93 -4.83 -10.67 -15.72
2022 -1.79 3.61 -0.28 9.51 -1.96 -5.04 -4.15 -0.72 6.01 -1.25 -3.14 -1.88 -2.05

Portfolio Managers

No data filled

Return Statistics

Last Month Return 11.21%
3 Month Return 7.71%
Year to Date Return 14.92%
12 Month Return 5.46%
36 Month Return -
Total Return Annualized -2.23%
Winning Months (%) 35.71%
Average Winning Month 6.94%
Average Losing Month -3.87%
Total Return Cumulative -5.13%

Risk Statistics (12M)

1 Year
Sharpe Ratio0.33
Sortino Ratio0.29
Sterling0.19
Calmar0.29
Skewness-0.26
Kurtosis-1.28
Maximum Drawdown-19.00%
Correlation vs S&P 500-0.70
Annualized Volatility27.25%
Annualized Down. Deviation13.02%

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 -29.22% 22 0 05/2022 -
2 -1.79% 1 1 01/2022 02/2022
3 -0.28% 1 1 03/2022 04/2022
4 - - - - -
5 - - - - -

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return2.51%-0.39%0.44%-0.66% -
% Positive66.67%50.00%50.00%33.33% -
Avg. Pos. Period9.84%8.79%8.01%7.03% -
Avg. Neg. Period-10.71%-8.74%-6.50%-4.22% -
Sharpe Ratio1.060.010.33-0.27 -
Sortino Ratio1.40-0.210.29-0.53 -
Monthly Volatility9.75%9.07%7.87%6.07% -

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 11.21%-10.71%-0.01%-1.52%11.21%35.71%
3 Months 23.24%-14.89%-1.26%-2.44%7.71%46.15%
6 Months 11.79%-19.53%-4.11%-5.17%-2.30%30.43%
1 Year 5.46%-24.01%-11.44%-11.26%5.46%5.88%
2 Years -10.31%-22.70%-16.20%-15.92%-14.62%0.00%
3 Years ------
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.