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Holberg Rurik A

Holberg Rurik is an actively managed global equity fund primarily investing in listed companies in emerging markets.

13.07.2020

Rate

190.51

Since start*

5.3%

This year

-3.2%

1 year

-0.6%

3 years*

-2.2%

5 years*

3.2%

*Returns beyond 12 months are annualised

The Fund has a defined investment approach, based on the belief that creating shareholder value in a company is a long-term process. The Fund has a concentrated portfolio where each company has a meaningful weight and thereby a disciplinary effect in the portfolio construction. The Fund is managed with a “bottom-up” focus, using internal models and research input in combination with company visits. We are looking for companies with high return on capital and strong growth prospects in attractive industries. In addition we look for a strong management with documented focus on shareholder value and risk management. Finally favour attractive valuation.

Fund return

Period

Pr. 13. July 2020

Calculate return

Return per 13. July

Fund Bencmark index Excess return
Since start* 5.3% 7.0% -1.7%
This year -3.2% 3.7% -6.8%
Last 12 months -0.6% 14.5% -15.1%
Last 3 years* -2.2% 8.0% -10.2%
Last 5 years* 3.2% 8.3% -5.1%
Last 10 years* - - -

* Annual Average Return

Portrett av Leif

Leif A. Frønningen

Portfolio Manager

Portrett av Harald Jeremiassen

Harald Jeremiassen

Portfolio Manager

Funds largest investments

The fund's investments

Financials 28.8%
Information Technology 20.4%
Consumer Discretionary 17.8%
Consumer Staples 11.2%
Health Care 8.8%
Other 13.0%

8.7%

Naspers

8.6%

Alibaba Group Holding

7.6%

Tencent Holding LTD

5.9%

Square Pharmaceuticals Ltd

5.1%

Cash

4.9%

Mobile World Investment

4.5%

Brac Bank Ltd

4.4%

HDFC Bank Ltd

4.2%

New Oriental Education & Technology Group Inc

4.2%

Samsung

4.2%

Puregold Price Club Inc

4.0%

Safaricom Limited

4.0%

Sberbank of Russia

3.9%

Hemas Holdings PLC

3.8%

Ping An Insurance

3.8%

Bank Rakyat

3.7%

Dali Foods Group Co Ltd

3.3%

KCB Group

2.9%

MD Medical Group Investments PLC

2.6%

Viet Nam Dairy Products

2.5%

Ecobank

2.4%

Guaranty Trust Bank

0.7%

Tanzania Breweries Ltd.

0.0%

Cash

Facts

Total assets

NOK 621 mill.

Subscription amount

min. NOK 1.000

Benchmark index

MSCI EM NOK

Annual management fee

2%

Redemption fee

0%

Subscription cost

0%