Holberg Rurik A



Pr. 22. March 2017

Rurik A

Holberg Rurik is an actively managed global equity fund primarily investing in listed companies in emerging 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 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.

Read the KIID




Calculate return:

Pr. 22. March 2017

Return pr. 22. March

Return pr. 22. March Fund
Since Inception 7,48%
YTD 7,64%
Last 12 months 14,27%
Last 3 years 12,22%
Last 5 years 10,94%
Last 10 years -
Returns beyond 12 months are annualised

Fund managers

Leif Anders Frønningen

Leif Anders

Sr. Investment Manager
Harald Jeremiassen


Sr. Investment Manager



Annual management fee

1.00% + 10/10 success fee

Subscription cost


Subscription amount

min. NOK 1.000

Redemption fee


Fund’s inception

1. November 2010

Last modified 1. September 2016

Top 10 holdings

Naspers 7,90%
Guaranty Trust Bank 6,90%
Safaricom Ltd 6,10%
Matahari Department Store 5,80%
Alibaba Group Holding Ltd 4,60%
KCB Group Ltd 4,60%
MD Medical Group Investments GDR 4,50%
Kroton Educacional SA 4,40%
Tencent Holdings Ltd 4,10%
Turk Traktor ve Ziraat Makineleri 4,10%
Yes Bank Ltd 4,10%
DHG Pharmaceutical JSC 4,00%
Ecobank Ghana Ltd 3,50%
Puregold Price Club 3,20%
Mobile World Investment Corp 3,10%
Vietnam Dairy Products 3,10%
Philippine Stock Exchange 3,00%
Samsung Electronics Pref. GDR 3,00%
Bank Rakyat 2,80%
Tanzania Breweries Ltd 2,80%
Dangote Cement PLC 2,70%
Samsung Electronics Pref. 2,60%
Bankkonto (EUR) 2,50%
Shoprite Holdings 1,90%
Mr Price Group Ltd 1,50%
Sberbank of Russia Pref. 1,50%
Bankkonto (PHP) 1,20%
Chemical and Allied Products PLC 1,00%
Tata Consultancy Services Ltd 1,00%
Bankkonto (USD) 0,70%
Ceylon Cold Stores PLC 0,70%
Bankkonto (INR) 0,60%
Pr. 28. February 2017
See full portfolio
Pr. 28. February 2017