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Holberg Rurik A

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

03.10.2022

Rate

158.38

Since start*

2.7%

This year

-20.0%

1 year

-22.3%

3 years*

-6.2%

5 years*

-5.3%

10 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. 03. October 2022

Calculate return

Return per 03. October

Fund Bencmark index Excess return
Since start* 2.7% 5.6% -2.9%
This year -20.0% -11.5% -8.5%
Last 12 months -22.3% -10.3% -12.0%
Last 3 years* -6.2% 3.7% -9.9%
Last 5 years* -5.3% 3.9% -9.3%
Last 10 years* 3.2% 7.5% -4.3%

* 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 26.0%
Consumer Discretionary 24.2%
Information Technology 14.5%
Communication Services 12.3%
Consumer Staples 8.8%
Other 14.2%

8.9%

Tencent Holding LTD

8.9%

Mobile World Investment

7.0%

Taiwan Semiconductor Manufacturing Company

6.5%

Prosus

5.5%

HDFC Bank Ltd

4.4%

JD.COM

4.4%

KCB Group Ltd

4.2%

Bank Rakyat Indonesia Persero

4.2%

Puregold Price Club Inc

4.1%

Ping An Insurance Group Co of China Ltd

4.0%

Square Pharmaceuticals Ltd

3.9%

Vietnam Dairy Products

3.8%

Samsung

3.7%

Aker BP ASA

3.7%

Alibaba Group Holding Lid

3.5%

Safaricom Ltd

3.4%

Anta Sports

3.0%

Guaranty Trust Bank PLC

2.8%

Cash

2.7%

Brac Bank Ltd

2.0%

Ecobank Ghana Ltd

1.8%

Hemas Holdings PLC

1.0%

Naspers Ltd

1.0%

Cash

0.8%

Cash

0.7%

Dali Foods Group Co Ltd

0.0%

Other

Facts

Total assets

NOK 394 mill.

Subscription amount

min. NOK 1.000

Benchmark index

MSCI EM NOK

Annual management fee

2%

Redemption fee

0%

Subscription cost

0%