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Holberg Rurik A

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

17.09.2021

Rate

203.71

Since start*

5.4%

This year

-2.3%

1 year

3.5%

3 years*

4.0%

5 years*

3.0%

10 years*

7.8%

*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. 17. September 2021

Calculate return

Return per 17. September

Fund Bencmark index Excess return
Since start* 5.4% 7.5% -2.1%
This year -2.3% 2.1% -4.4%
Last 12 months 3.5% 12.7% -9.2%
Last 3 years* 4.0% 12.7% -8.6%
Last 5 years* 3.0% 11.1% -8.1%
Last 10 years* 7.8% 10.0% -2.2%

* 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 31.9%
Consumer Discretionary 17.3%
Communication Services 12.5%
Information Technology 11.2%
Health Care 11.0%
Other 16.1%

8.6%

Tencent Holding LTD

6.8%

Alibaba Group Holding Lid

6.0%

Prosus

6.0%

Square Pharmaceuticals Ltd

5.5%

Mobile World Investment

5.0%

MD Medical Group Investments PLC

4.7%

Sberbank of Russia PJSC

4.7%

HDFC Bank Ltd

4.6%

KCB Group Ltd

4.5%

Bank Rakyat Indonesia Persero

4.4%

Samsung

4.4%

Brac Bank Ltd

4.4%

Puregold Price Club Inc

4.2%

Cash

3.9%

Safaricom Ltd

3.7%

Ping An Insurance Group Co of China Ltd

3.3%

JD.COM

3.1%

Hemas Holdings PLC

3.0%

Vietnam Dairy Products

2.9%

Guaranty Trust Bank PLC

2.6%

Naspers Ltd

2.4%

Ecobank Ghana Ltd

1.4%

Dali Foods Group Co Ltd

Facts

Total assets

NOK 573 mill.

Subscription amount

min. NOK 1.000

Benchmark index

MSCI EM NOK

Annual management fee

2%

Redemption fee

0%

Subscription cost

0%