C NHX Performance Review - October 2014 Month in Review Nordic hedge funds lost an estimated 0.1% in October bringing the NHX Composite to a year-to-date performance of 2.9%. In a volatile month, Managed Futures/CTA was the weakest performer following a period of very strong returns. Other strategy groups recorded small changes. Within strategy sub-categories, performance dispersion was on the high side as funds reacted differently to the sell-off in risk assets beginning of the month.
Sub-Strategy & Country-by-Country Performance The NHX Composite lost ground in October on the back of losses seen in Managed Futures (-1.0%) and Fixed Income (-0.2%) strategies.
10.0%
8.0%
6.0%
NHX Fixed Income is the best performing strategy on the year (+4.4%) and all NHX sub-categories remain firmly in positive territory year-to-date.
4.0%
2.0%
0.0%
-‐2.0%
NHX Composite
NHX Equi9es
NHX Fixed Income NHX Mul9 Strategy NHX Managed NHX Fund of Funds Futures & CTA MTD
YTD
10.0%
On a country-by-country level, Finland experienced the most significant losses (-1.7%) during the month. On the year, Denmark is now the best performing country (5.2%) followed by Finland and Sweden.
8.0% 6.0% 4.0% 2.0% 0.0% -‐2.0% -‐4.0%
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%
0.2%
-0.1%
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%
2.9%