nhx-sep2015

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NHX Performance Review - September 2015

NHX Performance Review - September 2015

Month in Review

Top Performing Managers - September 2015

Nordic hedge funds lost an estimated 0.5 % in September with continued market turbulence weighing on performance. Year to date, the NHX index remain in positive territory; +2.1 %.

2013 2013

2 MTD

YTD

12M ROR

Total Return

St. Dev.

Sharpe

RPM Galaxy C (EUR)

11.20

4.18

11.58

44.05

4.60

0.38

CTA strategies weathered the storm nicely during the month gaining an estimated 1.6 %. All other sub-indices posted losses with multi-strategy and fixed income funds recording the most significant declines.

Estlander & Partners Alpha Trend II - Class P

8.00

15.17

38.95

15.69

11.22

0.25

Accendo

5.82

33.12

31.42

88.00

4.06

0.66

AAM Absolute Return Fund Class B (NOK)

5.60

24.65

23.63

137.74

2.66

1.00

QQM Equity Hedge

4.01

4.35

9.88

42.43

1.94

0.71

Sub-Strategy & Country-by-Country Performance The NHX Composite lost 0.5 % in September. Except for CTAs, all strategy groups posted losses. NHX Equities (-0.7 %), NHX Multi-Strategy (-1.2 %), NHX CTA (+1.6% ), NHX Fund of Funds (-0.6 %) and NHX Fixed Income (-0.80 %)

5,0%

Top Performing Managers - Year To Date 2015

4,0% 3,0% 2,0%

On the year, NHX Equities is the best performing sub-category followed by NHX Multi-Strategy.

1,0% 0,0% -­‐1,0% -­‐2,0%

NHX Composite

NHX CTA

NHX Equi;es

MTD

NHX Fixed Income

NHX Fund Of Funds

2013 2013

2 YTD

MTD

12M ROR

Total Return

St. Dev.

Sharpe

Accendo

33.12

5.82

31.42

88.00

4.06

0.66

AAM Absolute Return Fund Class B (NOK)

24.65

5.60

23.63

137.74

2.66

1.00

Estlander & Partners Alpha Trend II - Class P

15.17

8.00

38.95

15.69

11.22

0.25

Taiga Fund

14.52

0.77

27.78

252.79

2.90

1.75

Incentive Active Value

12.62

-3.19

4.86

8.62

0.56

3.83

NHX Mul;-­‐Strategy

YTD

6,0%

On a country-by-country level, Norway is the best performer on the year. Norway was also the only country showing gains in September.

5,0%

Utrota barncancer.

4,0% 3,0% 2,0%

Din gåva gör skillnad.

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

2.3%

1.4%

0.8%

-0.2%

0.4%

-1.6%

1.2%

-1.7%

-0.5%

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%

2.1%

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