Norselab Credit Management AS

Norselab Meaningful Impact High Yield

Strategy Description

Norselab Meaningful Impact High Yield is a high-yield fund focused on the Nordics dedicated to impact and classified as Article 9 under the SDFR. The fund is an Alternative Investment Fund (“AIF”) and uses Norselab’s impact lens to drive outperforming returns. The fund offers monthly liquidity and features more flexible holding restrictions, enabling improved capital utilization, scalability, and flexibility to deliver enhanced expected returns. Meaningful Impact High Yield seeks to invest in companies that bring a clear positive contribution to sustainability while at the same time generating superior financial returns.

Fund Information

General Information

NHX CategoryFixed Income
NHX CountryNorway
Legal StructureQIAIF
Fund DomicileIreland
Minimum Investment2,000,000 NOK
AUM1,705M NOK
Inception DateDec 2022
Management Fee0.80%
Performance Fee10% above 3-month NIBOR +100 bps

Company Information

CompanyNorselab Credit Management AS
PrincipalTom Hestnes
AddressNedre Slottsgate 5
Oslo, 0157
Phone+47 45 35 67 41
E-mail[email protected]
Websitewww.norselab.com
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2024 1.74 1.22 1.01 1.38 2.50 8.08
2023 2.02 1.71 0.40 1.86 1.09 1.05 0.96 1.18 1.55 0.44 0.80 1.62 15.69
2022 0.64 0.64

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 - - - - -
2 - - - - -
3 - - - - -
4 - - - - -
5 - - - - -

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return1.63%1.58%1.29% - -
% Positive100.00%100.00%100.00% - -
Avg. Pos. Period1.63%1.58%1.29% - -
Avg. Neg. Period - - - - -
Sharpe Ratio8.9111.448.81 - -
Sortino Ratio0.000.000.00 - -
Monthly Volatility0.63%0.48%0.51% - -

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 2.50%0.40%1.29%1.20%2.50%100.00%
3 Months 4.96%2.81%3.78%3.88%4.96%100.00%
6 Months 9.84%6.13%7.51%7.55%9.84%100.00%
1 Year 16.57%14.58%15.36%15.37%16.57%100.00%
2 Years ------
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

Norselab Meaningful Impact High Yield is a high-yield fund focused on the Nordics dedicated to impact and classified as Article 9 under the SDFR. The fund is an Alternative Investment Fund (“AIF”) and uses Norselab’s impact lens to drive outperforming returns. The fund offers monthly liquidity and features more flexible holding restrictions, enabling improved capital utilization, scalability, and flexibility to deliver enhanced expected returns. Meaningful Impact High Yield seeks to invest in companies that bring a clear positive contribution to sustainability while at the same time generating superior financial returns.

Fund Information

General Information

NHX CategoryFixed Income
NHX CountryNorway
Legal StructureQIAIF
Fund DomicileIreland
Minimum Investment2,000,000 NOK
AUM1,705M NOK
Inception DateDec 2022
Management Fee0.80%
Performance Fee10% above 3-month NIBOR +100 bps

Company Information

CompanyNorselab Credit Management AS
PrincipalTom Hestnes
AddressNedre Slottsgate 5
Oslo, 0157
Phone+47 45 35 67 41
E-mail[email protected]
Websitewww.norselab.com
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2024 1.74 1.22 1.01 1.38 2.50 8.08
2023 2.02 1.71 0.40 1.86 1.09 1.05 0.96 1.18 1.55 0.44 0.80 1.62 15.69
2022 0.64 0.64

Portfolio Managers

 
No data filled

Return Statistics

Last Month Return 2.50%
3 Month Return 4.96%
Year to Date Return 8.08%
12 Month Return 16.57%
36 Month Return -
Total Return Annualized 16.56%
Winning Months (%) 100.00%
Average Winning Month 1.29%
Average Losing Month -
Total Return Cumulative 25.85%

Risk Statistics (12M)

1 Year
Sharpe Ratio8.81
Sortino Ratio0.00
Sterling1.66
Calmar -
Skewness0.95
Kurtosis2.71
Maximum Drawdown0.00%
Correlation vs S&P 500-0.03
Annualized Volatility1.75%
Annualized Down. Deviation0.00%

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 - - - - -
2 - - - - -
3 - - - - -
4 - - - - -
5 - - - - -

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return1.63%1.58%1.29% - -
% Positive100.00%100.00%100.00% - -
Avg. Pos. Period1.63%1.58%1.29% - -
Avg. Neg. Period - - - - -
Sharpe Ratio8.9111.448.81 - -
Sortino Ratio0.000.000.00 - -
Monthly Volatility0.63%0.48%0.51% - -

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 2.50%0.40%1.29%1.20%2.50%100.00%
3 Months 4.96%2.81%3.78%3.88%4.96%100.00%
6 Months 9.84%6.13%7.51%7.55%9.84%100.00%
1 Year 16.57%14.58%15.36%15.37%16.57%100.00%
2 Years ------
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.