Asilo Asset Management Oy

Asilo Argo

Strategy Description

The Asilo Argo fund is a concentrated long-only equity fund invests globally in companies that have long-term potential to become category winners. The fund is not restricted in terms of company size, industry or geographical area. The objective of the Fund in the long term is to outperform the average return of the international equity market. The Fund’s strategy is to invest in companies whose business is considered to entail considerable growth potential in the long term and whose share price (market value) in the view of the portfolio manager is low relative to the estimation of the fair value of the company. The Asilo Argo fund has a portfolio that is more concentrated than usual: under normal circumstances, the fund’s investment objects comprise approximately ten different companies.

Fund Information

General Information

NHX CategoryEquity Long-Only
NHX CountryFinland
Legal StructureSpecialized Investment Fund
Fund DomicileFinland
Minimum Investment200,000 EUR
AUM86M EUR
Inception DateDec 2020
Management Fee1.00%
Performance Fee 30% over MSCI ACWI IMI Total Return

Company Information

CompanyAsilo Asset Management Oy
PrincipalCasper Grönblom
Investor RelationsCasper Grönblom
AddressErottajankatu 5 A
Helsinki, 00130
Phone
E-mail[email protected]
Websitewww.asiloam.com
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2024 6.38 17.82 1.13 -5.19 20.17
2023 12.10 7.15 2.53 -7.90 23.27 4.42 14.37 -12.62 -1.42 -7.02 21.31 0.95 63.78
2022 -20.30 -5.73 0.41 -12.29 -8.62 -2.46 11.17 -3.82 -11.38 1.83 -3.66 -13.54 -52.60
2021 2.35 2.75 -3.95 2.59 -4.98 14.67 -4.80 5.26 -3.42 7.56 -3.84 -11.44 0.09
2020 4.36 4.36

Portfolio Managers

Ernst Grönblom, Portfolio Manager, originally trained as a lawyer in corporate taxation. He has a long experience from M&A transactions and advising clients on investments. He holds an MBA in finance and has since 2006 worked exclusively with focus investing.
 
 
Henri Blomster, Portfolio Manager, holds double degrees in finance and biology. In 2010 he finalised his Ph.D in cell biology. He’s the co-founder of the Salkunrakentajat online community for investors.

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 -59.63% 14 0 11/2021 -
2 -6.37% 3 1 03/2021 06/2021
3 -4.80% 1 1 07/2021 08/2021
4 -3.42% 1 1 09/2021 10/2021
5 - - - - -

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return4.15%6.65%4.70%1.44%-0.29%
% Positive66.67%83.33%66.67%54.17%47.22%
Avg. Pos. Period9.47%9.52%11.21%9.57%8.96%
Avg. Neg. Period-5.19%-5.19%-6.56%-7.06%-7.60%
Sharpe Ratio1.642.581.650.660.07
Sortino Ratio4.8010.893.660.91-0.15
Monthly Volatility9.70%9.50%11.12%10.30%10.19%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 23.27%-20.30%0.39%0.41%-5.19%51.22%
3 Months 47.22%-33.46%1.29%1.18%12.97%53.85%
6 Months 48.96%-46.45%1.01%4.40%47.17%55.56%
1 Year 73.52%-52.60%-3.45%-20.40%73.52%46.67%
2 Years 40.99%-52.55%-24.95%-38.10%40.99%22.22%
3 Years -2.50%-22.29%-13.50%-14.56%-9.89%0.00%
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

The Asilo Argo fund is a concentrated long-only equity fund invests globally in companies that have long-term potential to become category winners. The fund is not restricted in terms of company size, industry or geographical area. The objective of the Fund in the long term is to outperform the average return of the international equity market. The Fund’s strategy is to invest in companies whose business is considered to entail considerable growth potential in the long term and whose share price (market value) in the view of the portfolio manager is low relative to the estimation of the fair value of the company. The Asilo Argo fund has a portfolio that is more concentrated than usual: under normal circumstances, the fund’s investment objects comprise approximately ten different companies.

Fund Information

General Information

NHX CategoryEquity Long-Only
NHX CountryFinland
Legal StructureSpecialized Investment Fund
Fund DomicileFinland
Minimum Investment200,000 EUR
AUM86M EUR
Inception DateDec 2020
Management Fee1.00%
Performance Fee 30% over MSCI ACWI IMI Total Return

Company Information

CompanyAsilo Asset Management Oy
PrincipalCasper Grönblom
Investor RelationsCasper Grönblom
AddressErottajankatu 5 A
Helsinki, 00130
Phone
E-mail[email protected]
Websitewww.asiloam.com
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2024 6.38 17.82 1.13 -5.19 20.17
2023 12.10 7.15 2.53 -7.90 23.27 4.42 14.37 -12.62 -1.42 -7.02 21.31 0.95 63.78
2022 -20.30 -5.73 0.41 -12.29 -8.62 -2.46 11.17 -3.82 -11.38 1.83 -3.66 -13.54 -52.60
2021 2.35 2.75 -3.95 2.59 -4.98 14.67 -4.80 5.26 -3.42 7.56 -3.84 -11.44 0.09
2020 4.36 4.36

Portfolio Managers

Ernst Grönblom, Portfolio Manager, originally trained as a lawyer in corporate taxation. He has a long experience from M&A transactions and advising clients on investments. He holds an MBA in finance and has since 2006 worked exclusively with focus investing.
 
 
Henri Blomster, Portfolio Manager, holds double degrees in finance and biology. In 2010 he finalised his Ph.D in cell biology. He’s the co-founder of the Salkunrakentajat online community for investors.

Return Statistics

Last Month Return -5.19%
3 Month Return 12.97%
Year to Date Return 20.17%
12 Month Return 73.52%
36 Month Return -9.89%
Total Return Annualized -0.75%
Winning Months (%) 51.22%
Average Winning Month 7.83%
Average Losing Month -7.42%
Total Return Cumulative -2.55%

Risk Statistics (12M)

1 Year
Sharpe Ratio1.65
Sortino Ratio3.66
Sterling2.46
Calmar3.69
Skewness0.27
Kurtosis-0.51
Maximum Drawdown-19.91%
Correlation vs S&P 5000.62
Annualized Volatility38.53%
Annualized Down. Deviation13.99%

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 -59.63% 14 0 11/2021 -
2 -6.37% 3 1 03/2021 06/2021
3 -4.80% 1 1 07/2021 08/2021
4 -3.42% 1 1 09/2021 10/2021
5 - - - - -

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return4.15%6.65%4.70%1.44%-0.29%
% Positive66.67%83.33%66.67%54.17%47.22%
Avg. Pos. Period9.47%9.52%11.21%9.57%8.96%
Avg. Neg. Period-5.19%-5.19%-6.56%-7.06%-7.60%
Sharpe Ratio1.642.581.650.660.07
Sortino Ratio4.8010.893.660.91-0.15
Monthly Volatility9.70%9.50%11.12%10.30%10.19%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 23.27%-20.30%0.39%0.41%-5.19%51.22%
3 Months 47.22%-33.46%1.29%1.18%12.97%53.85%
6 Months 48.96%-46.45%1.01%4.40%47.17%55.56%
1 Year 73.52%-52.60%-3.45%-20.40%73.52%46.67%
2 Years 40.99%-52.55%-24.95%-38.10%40.99%22.22%
3 Years -2.50%-22.29%-13.50%-14.56%-9.89%0.00%
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.