Holberg Norden

Price
408,22

YTD
-3,46%

Pr. 12. July 2018

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. 12. July 2018

Return pr. 12. July

Return pr. 12. July Fund Benchmark index Excess return
Since Inception 8,35% 8,02% 0,33%
YTD -3,46% -1,37% -2,09%
Last 12 months -2,74% 0,19% -2,93%
Last 3 years 8,90% 6,57% 2,33%
Last 5 years 14,82% 14,05% 0,77%
Last 10 years 7,96% 10,53% -2,57%
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

Subsea 7 S.A. 9,013%
International Petroleum Corp 9,008%
Hoist Finance AB 7,140%
Valmet Corporation 6,721%
Vestas Wind System A/S 6,456%
Hexpol AB, B 4,618%
Arjo AB, B 4,559%
Electrolux AB, B 4,549%
Carlsberg A/S, B 4,443%
Novo Nordisk A/S, B 4,426%
Lundin Mining Corp 4,399%
Inwido AB 4,352%
Sandvik AB 4,176%
NCC AB B 4,059%
Intrum Justitia AB 3,605%
Duni 3,329%
AF AB 3,156%
Kungsleden AB 2,970%
AddTech AB 2,583%
AcadeMedia AB 2,097%
Bankkonto NOK 1,891%
Europris ASA 1,790%
Other 0,660%
Pr. 29. June 2018
See full portfolio
Pr. 29. June 2018