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
-4.97%
3 Years Annualised
4.78%
5 Years Annualised
3.96%
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) 152.25 EUR (9/15/22)
Total Net Assets (mil) 17.73 EUR (9/15/22)
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)

12/2/22

Performance

Trailing Returns

Year to Date
-4.97%
3 Years Annualised
4.78%
5 Years Annualised
3.96%
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 11.07 11.21 9.96
Sharpe Ratio -0.55 0.36 0.35

Portfolio

Asset Allocation %

Net
Stocks 64.41
Bonds 15.28
Money Market 0.00
Other 20.31

Asset Category Distribution %

11/30/22

Fund
Osakkeet - Pohjois-Amerikka 35.02
Osakkeet - Eurooppa 17.21
Muut - Pääomasijoitukset 15.92
JVK - High Yield yrityslainat 12.78
Osakkeet-Kehittyvät markkinat 6.54
Osakkeet - Tyynenmeren alue 5.15
Muut - Kiinteistösijoitukset 4.39
JVK - Inv. Grade yrityslainat 2.50
Osakkeet - Suomi 0.47

Top 10 Holdings

73.80% of total assets in the fund

  1. iShares S&P 500 - B UCITS ETF
    Ireland
    28.73%
  2. Barings European Loan Fund C EUR ACC
    Ireland
    8.57%
  3. Aktia Euroopan Kassakoneet Osake Kasvu O
    Finland
    8.37%
  4. iShares Core EM IMI UCITS ETF
    Ireland
    6.54%
  5. Source S&P500 UCITS ETF
    Ireland
    6.29%
  6. iShares MSCI Japan fund Acc
    Ireland
    3.52%
  7. Aktia Nordic High Yield Kasvu O
    Finland
    3.37%
  8. Taaleri Aurinkotuuli Rahoittajat voitonjakolaina
    Finland
    3.07%
  9. Aktia Asunnot+ tuotto I
    Finland
    2.71%
  10. Aktia Nordic X (kasvu)
    Finland
    2.63%

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

Yhteiset_Saannot_Aktia
Avaintietoesite Aktia Varainhoitosalkku+ Tuottohakuinen Kasvu B
Saannot_Aktia_VarainhoitoTuottohakuinen
Kululiite_Aktia
Rahastoesite