With the objective to deliver stable and positive returns regardless of the stock market.
Fund manager comment
Catella Hedgefond fell -1.01% in March, compared with -2.5% (including reinvested dividends) for the VINX Nordic index. The unsatisfactory outcome was primarily due to long shareholdings, but short positions and fixed income investments also made a negative contribution. Short OMX futures, Lebara and Elekta were the biggest contributors during the month, while Bund futures, Outotec and Kvaerner gave the largest negative contributions to returns.
The stock markets remained troubled in March on the back of threatened trade tariffs and sharp falls in US internet stocks during the second half of the month. While the steep stock market decline in February coincided with strong macroeconomic data, inflation concerns and steep rises in interest rates, the performance in March was characterised by lower interest rates and some concern about slowing growth. Leading indicators and commodity prices showed a mixed trend in March, with continued strong data in the US, weaker data in Europe, and higher oil prices but lower metal prices. The fund has reduced both its gross and net exposures in the current market environment.
The stock markets remained troubled in March on the back of threatened trade tariffs and sharp falls in US internet stocks during the second half of the month.
The risk and reward indicator illustrates the link between risk and potential returns from an investment in the Fund. The indicator is based on how the fund's value has changed over the past five years or the highest permitted risk for the fund. Category 1 does not imply that the fund is risk-free. Over time, the Fund’s risk indicator may change both upwards and downwards. This is because the indicator is based on historical data for the Fund’s model portfolio, which is not a guarantee of future risk/reward.
Catella Hedgefond fund's objective is to deliver consistent, positive returns regardless of stock market trends.
To make money in both market upturns and downturns, the fund managers invest in Nordic fixed-income securities and equities, and gain protection from downturns through derivatives. This means that timing is not an issue when investing in Catella Hedgefond, and low risk is a cornerstone of the fund. The fund is run by a total of six managers. The team's experience and knowledge generate the management performance.
The fund is traded daily, making your money normally available immediately. Over time, the fund has had a high risk-adjusted return. This is a fund for investors seeking a solid base for their savings.
Prizes and nominations:
- Best Hedgefund 2015- Fondmarknaden.se
- This years Hedgefund 2014 - Privata Affärer
- Best Hedgefund 2014- Fondmarknaden.se
- Nominated Euro Hedge Awards 2014
- Nominated Nordic Hedge Award 2014
- Nominated Investors Choice European Multi Strategy Fund of 2014