C NHX Performance Review - August 2014 Month in Review Nordic hedge funds gained an estimated 0.6% in August bringing the NHX Composite to a year-to-date performance of 2.9%. CTA/Managed Futures strategies had a stellar run during the month thereby recouping the losses experienced in the first half of the year. CTAs continued to profit from longstanding trends in fixed income and equities and on the back of more recent trends in the currency sector. Equity and Fund of Funds strategies were also positive on the month while Fixed Income and Multi-Strategy funds posted losses.
Sub-Strategy & Country-by-Country Performance The NHX Composite gained ground in August on the back of profits seen in Managed Futures (+3.4%), Fund of Funds (+0.8%) and Equity (+0.3%) strategies.
5.0%
4.0%
3.0%
NHX Fixed Income is the best performing strategy on the year (+4.2%) and all NHX sub-categories are up year-to-date following the recent exceptional performance of CTA strategies.
2.0%
1.0%
0.0%
-1.0% NHX Composite
NHX Equities
NHX Fixed Income NHX Multi Strategy MTD
NHX Managed Futures & CTA
NHX Fund of Funds
YTD
5.0%
On a country-by-country level, Norway was the only country showing negative numbers on the month.
4.0%
3.0%
2.0%
1.0%
0.0%
-1.0% NHX Sweden
NHX Norway MTD
NHX Denmark
NHX Finland
YTD
NHX Composite Historical Monthly Returns Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
YTD
2014
0.1%
1.5%
-0.2%
0.0%
1.2%
0.2%
-0.2%
0.6%
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%
2.9%