Date Annual Return Net Asset Value Traded in
2017-07-31 -5.15 % 95.17989 SEK

CORRELEATION WITH MARKET INDEX

Index Value

SIX Return 0.02
MSCI World -0.02
OMRX-TBOND 0.17
Swedish state treasury rate 3M 0.11

HISTORICAL RETURN 2017-07-31

Period Value

Last Month 8.3 %
Annual Return -5.15 %
Last 12 Months -19.36 %
Since Inception 23.72 %
Average Annual Return 3.02 %

RISKMEASURES AND OTHER KEY FIGURES 2017-07-31

Key Figures Value

Standard deviation 14.77 %
Max Accumulated Drawdown -26.70 %
Sharpe Ratio (RFR 0%) 0.20
Percentage of positive months 56 %

INVESTING IN THE FUND

Orientation type Minimum Investment * Additional Deposit *

Fund Custodian 100 000 kr 100 kr
Investment Savings Account 100 000 kr 100 kr
Endowment 100 kr 100 kr
100 kr 100 kr
Direct Investment 100 000 kr 100 kr

*These conditions are valid from May 2014

MANAGEMENT FEES

Fee: 1,5 %
Performence fee: 20 % high watermark

REPORTS

Select Year:

  • 2013 No Reports
  • 2012 No Reports
  • 2011 No Reports
  • 2010 No Reports

OTHER

ISIN: SE0003616036
Bloomberg:

Montly Performance % (in SEK net of all fees)*

Fund Strategy

  • Invest in trends  – AAFs goal is to find long market trends and capitalize on them regardless of development of financial markets.
  • Absolute return – AAFs objective is to increase in value each, regardless of development of financial markets.
  • High risk-adjusted return – AAFs objective is to provide an average annual return of 15 % at a standard deviation of 13 %, over a period of 3 years or more.
  • Low correlation – AAFs Fund’s goal is to not correlate with traditional asset classes such as the stock and bond markets.
  • Diversification – AAFs aims to counter the effects of the sharp declines in the stock market.
  • Maximum risk diversification – AAFs goal is to spread the risks and profit opportunities across several so-called macro markets, interest rates, currencies, equity indices and commodities.

Overall, this gives a well-diversified hedge fund management that is suitable for investors who wish to increase the expected return and reduce the risk of a traditional investor portfolio of equities and fixed income.

Alfa Axiom Fund is a quantitative trend-following hedge fund that focuses on trading financial futures contracts listed on global futures exchanges. The underlying asset classes are commodities, stock indexes, interest-related instruments and currencies.

HISTORICAL RETURNS ARE NO GUARANTEE FOR FUTURE RESULTS.

Management – Thomas Stridsman

Alfa Axiom Fund is a specialty fund according to the Investment Funds Act (2004:46). The Fund is a quantitative trend following hedge fund focused on trading financial future contracts traded on the global futures exchanges. The underlying assets are commodities, equity indices, interest rate instruments, and currencies. The Fund is denominated in SEK.

The Fund’s objective is to achieve sustained high risk-adjusted returns. In addition, the Fund exhibits a low correlation with equity and bond markets. This means that the Fund value can increase or decrease regardless of the movements on the stock and bond markets.

The Fund’s average annual return target is 15 to 20 percent. It seeks a level of risk at about 13 percent, as measured by annual standard deviation of monthly price movements. The Fund is, therefore, considered to be a ‘medium risk fund’. The primary aim is that the average yield level will be achieved over a period of approximately 3 years or longer.

The Fund’s assets may be invested in transferable securities, money market instruments, mutual funds, derivatives and on accounts of credit institutions. The Fund’s assets may be invested in such derivative instruments, where the underlying asset consists of commodities, securities, money market instruments, financial indices, interest rates, exchange rates and/or foreign currencies. The Fund, however, is not allowed to take derivative positions to physical delivery.

The investment decisions in various markets are based on quantitative decision models. Accordingly, all investments are made purely on objective grounds. Decision models aim to analyze different market price movements. Risk management, as the limitation of maximum loss for each investment, is an important part of the decision-making models construct. The objective of the decision-making models is to create as smooth return as possible.

Risk

The Fund is a specialty fund. That means that the fund differs from traditional equity-, interest- or mixed funds. The Fund shall therefore not be seen as an alternative to these fund types.

The managers systematically employ the leverage component of futures contracts, which means that the theoretical risk level in the Fund can be high. The managers limit the real level of risk, measured as standard deviation of the Fund´s unit value, so that the risk will reach an average of ca. 13 percent over a twelve-month period or longer.

The Fund assumes so-called market risk, as it invests in future contracts with underlying assets being commodities, stock indexes, interest-related instruments and currencies. Other risks that the Fund is exposed to include, for example, credit risks, liquidity risks and currency risks.

As an investment in the Fund is to be considered long term, it is not possible to predict the short term development of the Fund´s unit value. The value of an investment in the Fund may both rise and fall. Thus, an investor in the Fund may, when redeeming the units, get back less money than he had invested.