C NHX Performance Review - April 2015 Month in Review Nordic hedge funds lost 0.3% in April, ending a rally of five consecutive months with gains. Year-to-date, the NHX Composite stands at +3.7%. April was marked by significant losses for CTAs with FoFs and Multi-Strategy funds also contributing to the negative outcome. Equity and fixed income strategies ended the month on a positive note.
Sub-Strategy & Country-by-Country Performance The NHX Composite lost 0.3% in April. CTA strategies (-2.29%) suffered heavy losses following a strong run in recent months. Fund of Funds (-0.69%) and Multi-Strategy funds (-0.59%) also posted losses. Equity (+0.60%) and fixed income strategies (+0.59%) were positive on the month.
7,0% 6,0% 5,0% 4,0% 3,0% 2,0% 1,0%
On the year, NHX Equities is the best performing sub-category closely followed NHX CTA.
0,0% -‐1,0%
All NHX sub-strategies are positive year-todate.
-‐2,0% -‐3,0%
NHX Composite
NHX CTA
NHX Equi=es
MTD
NHX Fixed Income
NHX Fund Of Funds
NHX Mul=-‐Strategy
YTD
9,0%
On a country-by-country level, Norway was the only positive contribution in April. On the year, Finland and Denmark are outperforming.
8,0% 7,0% 6,0% 5,0% 4,0% 3,0% 2,0% 1,0% 0,0% -‐1,0% -‐2,0%
NHX Denmark
NHX Finland
MTD
NHX Norway
NHX Sweden
YTD
NHX Composite Historical Monthly Returns Jan 2
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
YTD
2015
2.0%
1.4%
0.7%
-0.3%
2014
0.1%
1.5%
-0.2%
0.0%
1.2%
0.2%
-0.2%
0.6%
0.2%
-0.2%
1.2%
0.0%
4.1%
2013
1.9%
0.4%
0.1%
0.6%
0.7%
-1.1%
0.6%
-0.4%
1.1%
1.2%
1.1%
0.9%
7.6%
2012
1.7%
1.3%
0.0%
-0.2%
-0.5%
-1.4%
2.0%
0.4%
0.1%
-0.4%
0.3%
1.0%
4.4%
2011
-0.4%
0.3%
0.4%
1.3%
-0.9%
-1.3%
-0.1%
-1.8%
-1.2%
0.3%
-0.3%
0.3%
-3.5%
2010
0.4%
-0.1%
1.5%
0.8%
-1.8%
-0.7%
0.6%
0.1%
1.4%
0.8%
0.0%
3.1%
6.2%
2009
0.8%
0.1%
1.5%
3.2%
2.3%
0.3%
1.4%
1.3%
1.5%
0.2%
0.5%
1.0%
15.0%
2008
-1.2%
1.3%
-0.9%
0.1%
1.2%
-1.8%
-1.2%
-0.2%
-4.5%
-3.5%
-0.6%
-0.3%
-11.1%
2007
0.7%
0.0%
0.9%
1.4%
1.1%
0.2%
-0.4%
-1.8%
1.0%
1.3%
-1.6%
0.2%
2.8%
2006
1.5%
0.6%
1.7%
1.1%
-1.5%
-0.3%
-0.1%
0.6%
0.2%
0.7%
1.4%
1.8%
7.9%
2005
0.3%
1.2%
-0.1%
-0.1%
1.2%
1.9%
1.4%
0.7%
1.5%
-1.7%
1.6%
1.8%
10.1%
3.7%