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Holberg Rurik A

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

02.04.2020

Rate

170.23

Since start*

4.2%

This year

-13.5%

1 year

-12.9%

3 years*

-2.9%

5 years*

0.3%

*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. 02. April 2020

Calculate return

Return per 02. April

Fund Bencmark index Excess return
Since start* 4.2% 5.5% -1.3%
This year -13.5% -10.8% -2.7%
Last 12 months -12.9% -3.0% -9.9%
Last 3 years* -2.9% 4.5% -7.4%
Last 5 years* 0.3% 4.6% -4.2%
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 28.5%
Information Technology 19.7%
Consumer Discretionary 17.1%
Consumer Staples 12.4%
Health Care 10.7%
Other 11.6%

9.0%

Alibaba Group Holding

8.9%

Naspers

7.5%

Square Pharmaceuticals Ltd

6.5%

Tencent Holding LTD

4.9%

Puregold Price Club Inc

4.7%

Safaricom Limited

4.3%

HDFC Bank Ltd

4.2%

Dali Foods Group Co Ltd

4.2%

Hemas Holdings PLC

4.1%

Samsung

4.1%

Ping An Insurance

4.1%

New Oriental Education & Technology Group Inc

4.1%

Mobile World Investment

3.9%

Sberbank of Russia

3.8%

Brac Bank Ltd

3.8%

KCB Group

3.5%

Bank Rakyat

3.2%

MD Medical Group Investments PLC

2.8%

Ecobank

2.5%

Cash

2.4%

Viet Nam Dairy Products

2.3%

Guaranty Trust Bank

0.9%

Tanzania Breweries Ltd.

0.3%

Cash

Facts

Total assets

NOK 580 mill.

Subscription amount

min. NOK 1.000

Benchmark index

MSCI EM NOK

Annual management fee

2%

Redemption fee

0%

Subscription cost

0%