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
-10.46%
3 Years Annualised
4.61%
5 Years Annualised
3.06%
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) 144.75 EUR (6/29/22)
Total Net Assets (mil) 16.54 EUR (6/29/22)
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)

6/29/22

Performance

Trailing Returns

Year to Date
-10.46%
3 Years Annualised
4.61%
5 Years Annualised
3.06%
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 10.25 10.90 9.70
Sharpe Ratio -0.55 0.42 0.31

Portfolio

Asset Allocation %

Net
Stocks 55.60
Bonds 12.76
Money Market 12.74
Other 18.90

Asset Category Distribution %

5/31/22

Fund
Osakkeet - Pohjois-Amerikka 29.05
Osakkeet - Eurooppa 16.18
Muut - Pääomasijoitukset 15.47
Rahamarkkinat - Käteinen 12.74
JVK - High Yield yrityslainat 12.51
Osakkeet-Kehittyvät markkinat 5.69
Osakkeet - Tyynenmeren alue 4.28
Muut - Kiinteistösijoitukset 3.42
Osakkeet - Suomi 0.40
JVK - Inv. Grade yrityslainat 0.25

Top 10 Holdings

64.56% of total assets in the fund

  1. iShares S&P 500 - B UCITS ETF
    Ireland
    23.84%
  2. Aktia Euroopan Kassakoneet Osake Kasvu O
    Finland
    7.69%
  3. Barings European Loan Fund C EUR ACC
    Ireland
    7.14%
  4. iShares Core EM IMI UCITS ETF
    Ireland
    5.69%
  5. Source S&P500 UCITS ETF
    Ireland
    5.21%
  6. Taaleri Datacenter Sijoittajat voitonjakolaina
    Finland
    4.35%
  7. iShares MSCI Japan fund Acc
    Ireland
    2.91%
  8. Aktia Nordic High Yield Kasvu O
    Finland
    2.78%
  9. Taaleri Aurinkotuuli Rahoittajat voitonjakolaina
    Finland
    2.63%
  10. Aktia Nordic X (kasvu)
    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 Varainhoito+ Tuottohakuinen A Kasvu
Säännöt_Varainhoito+ Tuottohakuinen
Rahastoesite