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Holberg Rurik A

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

12.09.2019

Rate

196.16

Since start*

6.2%

This year

8.8%

1 year

8.1%

3 years*

3.9%

5 years*

6.7%

*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. 12. September 2019

Calculate return

Return per 12. September

Fund Bencmark index Excess return
Since start* 6.2% 6.4% -0.2%
This year 8.8% 12.0% -3.2%
Last 12 months 8.1% 13.6% -5.4%
Last 3 years* 3.9% 10.5% -6.6%
Last 5 years* 6.7% 8.9% -2.3%
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 28.9%
Consumer Discretionary 14.9%
Information Technology 14.4%
Consumer Staples 11.8%
Health Care 11.2%
Other 18.8%

8.8%

Naspers

7.9%

Square Pharmaceuticals Ltd

6.1%

Guaranty Trust Bank

5.8%

Samsung

4.7%

Bank Rakyat

4.7%

Alibaba Group Holding

4.5%

Dangote Cement PLC

4.5%

Mobile World Investment

4.3%

Safaricom Limited

4.2%

Sberbank of Russia

4.2%

Brac Bank Ltd

4.2%

HDFC Bank Ltd

4.0%

Puregold Price Club Inc

3.9%

Tencent Holding LTD

3.7%

Cash

3.6%

Hemas Holdings PLC

3.5%

KCB Group

3.3%

MD Medical Group Investments PLC

2.8%

Subsea 7 S.A

2.3%

Dali Foods Group Co Ltd

2.2%

Tanzania Breweries Ltd.

2.1%

Shoprite Holdings Ltd.

1.9%

Ecobank

1.6%

Kroton

1.1%

Viet Nam Dairy Products

0.0%

Cash

Facts

Total assets

NOK 788 mill.

Subscription amount

min. NOK 1.000

Benchmark index

MSCI EM NOK

Annual management fee

2%

Redemption fee

0%

Subscription cost

0%