Holberg Norden

Price
406,36

YTD
13,21%

Pr. 14. December 2017

Holberg
Norden

Holberg Norden is an actively managed global equity fund primarily investing in listed companies in the Nordic markets. 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. 14. December 2017

Return pr. 14. December

Return pr. 14. December Fund Benchmark index Excess return
Since Inception 8,62% 8,34% 0,28%
YTD 13,21% 18,25% -5,04%
Last 12 months 15,50% 21,06% -5,56%
Last 3 years 15,47% 12,36% 3,11%
Last 5 years 18,31% 18,35% -0,04%
Last 10 years 6,20% 8,07% -1,87%
Returns beyond 12 months are annualised

Fund managers

Robert Lie Olsen

Robert
Lie Olsen

Sr. Investment Manager
Tony Fimreite

Tony
Fimreite

Investment Manager

Facts

Facts

Annual management fee

1.50 %

Subscription cost

0 %

Subscription amount

min. NOK 1.000

Redemption fee

0 %

Benchmark index

VINX Benchmark Cap Index

Fund’s inception

28. November 2000


Last modified 1. September 2016

Top 10 holdings

International Petroleum Corp 7,987%
Subsea 7 7,941%
Hoist Finance AB 7,897%
Valmet Corporation 7,382%
Vestas Wind System 7,353%
Carlsberg B 4,721%
Sampo Oyj 4,646%
Novo Nordisk, B 4,644%
Inwido AB 4,629%
Hexpol 4,506%
Lundin Mining Corp 4,166%
Europris ASA 3,993%
Bankkonto NOK 3,837%
Ekornes 3,674%
Kungsleden AB 3,445%
AFB AB 3,416%
Duni 3,004%
Selvaag Bolig 2,801%
Alfa Laval 2,606%
Spectrum ASA 2,555%
AddTech AB 2,469%
AcadeMedia AB 2,041%
Other 0,288%
Pr. 30. November 2017
See full portfolio
Pr. 30. November 2017