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
-5.47%
3 Years Annualised
8.76%
5 Years Annualised
5.71%
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) 152.82 EUR (1/24/22)
Total Net Assets (mil) 19.88 EUR (1/24/22)
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)

1/24/22

Performance

Trailing Returns

Year to Date
-5.47%
3 Years Annualised
8.76%
5 Years Annualised
5.71%
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 8.34 10.21 9.29
Sharpe Ratio 0.81 0.87 0.62

Portfolio

Asset Allocation %

Net
Stocks 58.38
Bonds 14.47
Money Market 11.66
Other 15.49

Asset Category Distribution %

12/31/21

Fund
Osakkeet - Pohjois-Amerikka 29.84
Osakkeet - Eurooppa 18.02
Muut - Pääomasijoitukset 12.39
Rahamarkkinat - Käteinen 11.66
JVK - High Yield yrityslainat 5.97
Osakkeet-Kehittyvät markkinat 5.68
JVK - Inv. Grade yrityslainat 5.31
Osakkeet - Tyynenmeren alue 4.40
JVK - Valtio 3.19
Muut - Kiinteistösijoitukset 3.10
Osakkeet - Suomi 0.44

Top 10 Holdings

62.30% of total assets in the fund

  1. iShares S&P 500 - B UCITS ETF
    Ireland
    24.49%
  2. Aktia Euroopan Kassakoneet Osake Kasvu O
    Finland
    7.79%
  3. iShares Core EM IMI UCITS ETF
    Ireland
    5.68%
  4. Source S&P500 UCITS ETF
    Ireland
    5.35%
  5. AMUNDI IEACS-UCITS ETF DR
    Luxembourg
    5.06%
  6. Db X-Tr II-Ibo.so.Eu.z. Ucits etf
    Luxembourg
    3.19%
  7. iShares MSCI Japan fund Acc
    Ireland
    3.00%
  8. Aktia Nordic High Yield Kasvu O
    Finland
    2.77%
  9. Aktia Nordic X (kasvu)
    Finland
    2.67%
  10. Taaleri Aurinkotuuli Rahoittajat voitonjakolaina
    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

020821 Säännöt Rohkea Omistaja
Avaintietoesite Erikoissijoitusrahasto Aktia Rohkea Omistaja
Rahastoesite