Overview

Investment Objective

Courageous Owner is a global Cross-Asset investment fund. The fund level weighting of individual asset classes is based on a systematic strategy utilizing underlying volatilities and correlations. The fund's objective is to exceed the return of the benchmark while keeping the volatility level similar.

Trailing Returns

Year to Date
11.53%
3 Years Annualised
8.42%
5 Years Annualised
7.35%
10 Years Annualised
-

Fund Benchmark

MSCI AC World TR Net (80%)
Barclays Global Aggregate Total Return Index Value Hedged EUR (20%)
ISIN FI4000188701
Inception Date 1/25/16
Net Asset Value (NAV) 156.48 EUR (10/15/21)
Total Net Assets (mil) 19.68 EUR (10/15/21)
Risk Level 3/7

1 = Lower risk, lower expected return
7 = Higher risk, higher expected return
Morningstar
Management Fee 0.90%

Fees and Expenses

Growth of 100 (EUR)

10/15/21

Performance

Trailing Returns

Year to Date
11.53%
3 Years Annualised
8.42%
5 Years Annualised
7.35%
10 Years Annualised
-

Risk Level 3/7

1 = Lower risk, lower expected return
7 = Higher risk, higher expected return

Return/Risk Analysis

Morningstar
Risk Measurement 1 Year 3 Years 5 Years
Standard Deviation 7.50 10.20 9.09
Sharpe Ratio 2.06 0.83 0.81

Portfolio

Asset Allocation %

Net
Stocks 61.60
Bonds 18.42
Money Market 5.21
Other 14.78

Asset Category Distribution %

9/30/21

Fund
Osakkeet - Pohjois-Amerikka 31.51
Osakkeet - Eurooppa 18.68
Muut - Pääomasijoitukset 11.49
JVK - High Yield yrityslainat 7.26
Osakkeet-Kehittyvät markkinat 6.12
JVK - Inv. Grade yrityslainat 5.76
Rahamarkkinat - Käteinen 5.21
Osakkeet - Tyynenmeren alue 4.84
JVK - Valtio 3.46
Muut - Kiinteistösijoitukset 3.28
JVK - Kehittyvät markkinat 1.93
Osakkeet - Suomi 0.46

Top 10 Holdings

67.59% of total assets in the fund

  1. iShares S&P 500 - B UCITS ETF
    Ireland
    26.40%
  2. AMUNDI INDEX MSCI EUROPE SRI
    Luxembourg
    8.99%
  3. iShares Core EM IMI UCITS ETF
    Ireland
    6.12%
  4. AMUNDI IEACS-UCITS ETF DR
    Luxembourg
    5.48%
  5. Source S&P500 UCITS ETF
    Ireland
    5.11%
  6. Db X-Tr II-Ibo.so.Eu.z. Ucits etf
    Luxembourg
    3.46%
  7. Aktia Euroopan Kassakoneet Osake Kasvu O
    Finland
    3.41%
  8. iShares MSCI Japan fund, Acc
    Ireland
    3.30%
  9. Aktia Nordic High Yield Kasvu O
    Finland
    3.00%
  10. OPR-Vakuus Oy 10,75 % 17.8.2023/49
    Finland
    2.31%

Fees and Expenses

Management Fee 0.90%
Performance Fee 20.00%

20 % of the yield exceeding the comparison index, calculated daily over 12 months.
Initial Charge 1.00%
Redemption Charge 1.00%

Purchase Details

Initial Investment 100.00
Additional Investment 100.00

Filings

Avaintietoesite Erikoissijoitusrahasto Aktia Rohkea Omistaja
Säännöt Rohkea Omistaja
Rahastoesite