Investment in funds always involves some kind of risk. Past performance is no guarantee for future performance. Fund units may go up or down in value and investors may not get back the amount invested.
NAV information
NAV is calculated on the last banking day each month, and reported after deduction of management fees. An estimate and an indicative NAV is calculated on the last banking day each week, and reported after deduction of management fees.
Estimate Oct
-1.08%
Indicative NAV
171.81
Date
2024-10-18
Estimate Oct
-1.07%
Indicative NAV
2 039.93
Date
2024-10-18
Adrigo Small & Midcap L/S is an actively managed equity hedge fund that invests in Nordic small and mid-cap companies. The fund may invest in companies included in the Carnegie Small Cap Index, which means companies with a market capitalisation of up to approximately EUR 80 billion. The emphasis is on much smaller companies with a market capitalisation of between one and fifteen billion - companies that are often under-analysed by the larger fund companies and banks.
For the investor who wants to:
Adrigo Small & Midcap L/S is available to buy in Luxembourg, Norway, Finland and Sweden.
Fund
Adrigo Small & Midcap L/S
Share class
A SEK
ISIN
SE0010440735
Inception date
2017-11-01
Fund type
Equity hedge fund
Domicile
Sweden
Benchmark
-
Sustainability
Fund
Adrigo Small & Midcap L/S
Share class
C SEK
ISIN
SE0017133366
Inception date
2022-05-02
Fund type
Equity hedge fund
Domicile
Sweden
Benchmark
-
Sustainability
The fund has risk class 5 out of 7, which means that it can decrease/increase sharply in value. The risk indicator assumes you keep the product for 5 years.
Lower risk
Higher risk
Lower possible return
Higher possible return
Lower risk
Higher risk
Lower possible return
Higher possible return
Subscription fee
0%
Redemption fee
0%
Yearly fee (Class A)
1.177%
Yearly fee (Class C)
1.18%
Performance related management fee 20% of total return exceeding STIBOR 30 days rate after deduction of fixed fee (“high water mark”).
Deposit
Initial minimum SEK 1000
Next Application Deadline
September 25
Fund units of Adrigo Small & Midcap L/S are open for subscription and redemption on the last banking day every month.
Adrigo aims to deliver a solid absolute returns of 8 to 16%, which means that over time we should generate a positive return regardless of market conditions. The fund has a unique mix of long holdings combined with a selective short portfolio, resulting in a fund with risk-adjusted returns. At Adrigo, we don't take unnecessary risks with your investment.
At Adrigo, we focus on finding the gems among smaller listed companies in the Nordic market. Every year we meet over 200 interesting companies and have a close dialogue. Each position is carefully chosen to create a portfolio with a low correlation to the overall market.
Staffan Östlin
Portfolio Manager & Chief Investment Officer Adrigo
Staffan started Adrigo Small & Midcap L/S in November 2017. He has a broad investment and market expertise from leading Nordic institutions.
Axel Ekros
Analyst
Axel works as an analyst for East Capital Group funds.