NHX Performance Review - August 2016 Funds count: 160 Month in Review Nordic hedge funds, as expressed by the Nordic Hedge Index NHX, was little changed in August posting a negative return of 0,08%. Year-to-date, the NHX Composite index has gained 1.89%. The Nordic hedge fund universe continued to benefit from a risk seeking environment during the month with the only strategy group showing signficant losses being CTAs. CTA strategies had a difficult period as a result of heightened volatility in commodity markets, energies in particular. The category lost an estimated 2,68% on the month. On they year, fixed income strategies remain in the driver´s seat having gained 5,27%.
Sub-Strategy and Country-by-Country Performance 6%
6%
4%
4%
2% 2% 0% 0%
-2% -4%
-2% NHX CTA
NHX Equities
NHX Fixed Income
MTD
NHX Multi-Strategy
NHX Fund O f Funds
NHX Composite
NHX Denmark
NHX Finland
YTD
NHX Norway
MTD
The NHX Composite lost an estimated 0.08% in August. Fixed income strategies led the way (+1.07%) followed by Equities (+0.36%). Multi-strategy funds were little changed while Fund of Funds and CTAs posted losses.
NHX Sweden
YTD
On a country-by-country level, Denmark was the strongest performer on the month followed by Norway. Swedish and Finnish hedge funds posted losses.
NHX Composite Historical Monthly Returns (88% updated NAVs) JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
2016
-1.07
0.35
0.2
0.36
0.58
0.14
1.42
-0.08
SEP
OCT
NOV
DEC
Year
2015
2.31
1.37
0.91
-0.16
0.42
-1.48
1.21
-1.48
-0.49
0.81
1.68
-0.5
4.59
2014
0.29
1.72
-0.1
0.05
1.25
0.27
-0.06
0.76
0.06
-0.05
1.17
0.04
5.5
2013
1.84
0.57
0.49
0.56
0.78
-1.31
0.69
-0.44
1
1.41
1
1.01
7.82
2012
1.73
1.44
0.24
-0.06
-0.35
-0.55
1.9
0.32
0.21
-0.61
0.42
0.89
5.68
2011
-0.2
0.48
0.25
1.33
-0.95
-1.52
0.03
-1.82
-1.01
0.7
-0.46
0.56
-2.6
2010
0.31
0.09
1.8
0.77
-1.56
-0.71
0.71
0.4
1.6
1.06
0.31
3.34
8.34
2009
0.47
-0.37
1.14
2.41
2.95
0.03
1.94
1.49
1.72
0.14
0.75
0.61
14.04
2008
-1.1
1.82
-0.79
0.5
1.2
-1.54
-1.37
0.09
-4.35
-3.61
-0.54
-0.46
-9.85
2007
1.13
0.18
0.96
1.46
1.08
0.28
-0.42
-1.45
0.87
1.09
-1.54
0.32
3.99
2006
1.72
0.73
2.17
0.98
-1.25
-0.05
-0.22
0.95
0.68
1.02
1.45
2.02
10.63
2005
0.76
1.45
0.37
-0.57
1.25
1.66
1.51
0.5
1.72
-1.43
1.67
1.99
11.37
1.89
Nordic Business Media AB | Corporate No.: 556838-6170, Stockholm SE-103 89 | Phone: +46 (0) 8 5333 8688 | Email: kamran@hedgenordic.com There is a substantial risk of loss in trading commodity futures, options and off-exchange foreign currency products. Past performance is not indicative of future results.