Holberg Global A

Price
241,02

YTD
12,15%

Pr. 19. May 2017

Holberg
Global A

Holberg Global is an actively managed global equity fund primarily investing in listed companies all over the world. The Fund has a defined investment approach, based on the belief that creating shareholder value in a company is a long-term process. The Fund’s portfolio is managed independently of the composition of the benchmark. The Fund has a concentrated portfolio where each company has a meaningful weight and thereby a disciplinary effect in the portfolio construction. The Fund is managed with a “bottom-up” focus, using internal models and research input in combination with company visits. We are looking for companies with high return on capital and strong growth prospects in attractive industries. In addition we look for a strong management with documented focus on shareholder value and risk management. Finally favour attractive valuation.

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Return

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Pr. 19. May 2017

Return pr. 19. May

Return pr. 19. May Fund Benchmark index Excess return
Since Inception 8,86% 8,26% 0,60%
YTD 12,15% 5,83% 6,32%
Last 12 months 22,32% 18,87% 3,45%
Last 3 years 19,26% 18,92% 0,34%
Last 5 years 19,87% 20,06% -0,19%
Last 10 years 7,15% 7,24% -0,09%
Returns beyond 12 months are annualised

Fund managers

Leif Anders Frønningen

Leif Anders
Frønningen

Sr. Investment Manager
Harald Jeremiassen

Harald
Jeremiassen

Sr. Investment Manager

Facts

Facts

Annual management fee

1.00 % + 10/10 success fee

Subscription cost

0 %

Subscription amount

min. NOK 1.000

Redemption fee

0 %

Benchmark index

MSCI World

Fund’s inception

15. August 2006


Last modified 1. September 2016

Top 10 holdings

Arrow Global Group 5,30%
Novo Nordisk, B 4,80%
Alphabet CL C 4,70%
NetEase Inc 4,70%
Apple 4,60%
Bakkafrost 4,40%
Crest Nicholson Holdings plc 3,50%
Toro Co 3,40%
Celgene Corp 3,30%
Mastercard Inc 3,00%
Naspers 3,00%
Ping An Insurance Group Co of China Ltd 2,70%
Vestas Wind System 2,70%
Facebook Inc 2,50%
Matahari Department Store 2,50%
Masco Corp 2,30%
Walt Disney Co 2,20%
Gilead Sciences Inc 2,00%
Subsea 7 2,00%
Alimentation Couche-Tard Inc 1,90%
Guaranty Trust Bank 1,90%
Roche Holding AG (Likvid) 1,90%
Distribuidora Internacional de Alimentacion SA 1,80%
First National Financial Corp 1,80%
Kroton Educacional SA 1,80%
Oaktree Capital Group LLC 1,80%
Vinh Hoan Corp 1,80%
Bankkonto NOK 1,70%
Turk Traktor ve Ziraat Makineleri 1,60%
AmerisourceBergen 1,50%
Polaris Industries 1,50%
Alibaba Group Holding Ltd 1,40%
Trex Co Inc 1,40%
Verisk Analytics 1,40%
Etalon Group Ltd 1,30%
KCB Group Ltd 1,30%
NEINOR HOMES SLU 1,30%
Selamat Sempurna Tbk PT 1,30%
Berkshire Hathaway Inc 1,20%
Park24 Co Ltd 1,20%
Samsung Electronics Pref. 1,20%
Shire PLC 1,00%
Ecobank Ghana Ltd 0,90%
Other 0,50%
Pr. 28. April 2017
See full portfolio
Pr. 28. April 2017