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Strategifond A

25 November 2022
1,802.81 kr
One day
+0.46%
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Strategifond A
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About the fund

Carnegie Strategifond is also available in the following share class: G (pays dividends each quarter).

Carnegie Strategifond is a total return fund investing in Nordic securities with attractive yield, both corporate bonds with good interest rates and equities with high dividends.

The fund has a lower risk profile than a typical equity fund and at the same time greater opportunities than a regular fixed-income fund. Unlike traditional mixed funds, Carnegie Strategifond is focused which means the number of equity and credit holdings are limited. There is only room for our best investment ideas.

THIS IS A FUND FOR YOU WHO:

  • Want to invest in Nordic companies with low valuations and good cash flows
  • Want to have a solid foundation in your long-term savings
  • Are looking for a fund that invests in both equities and corporate bonds

Fund manager

John Strömgren

Employed since 1996 and has worked in the industry since 1984. Star Manager of the year in 2002, 2007, 2008 and 2015.

Buy Strategifond A

Fees and trading

Management fee/year
1.51%
Minimum deposit lump-sum/monthly
0kr/0kr
Price listing
Daily
PPM fund number
357483
Bankgiro number
5402-9681

Basic facts

Legal Seat
SE
Start date
1988-08-11
ISIN Code
SE0000429813
Morningstar rating

Fund data

Risk class
1
2
3
4
5
6
7
Risk category

The seven-point risk scale is common to funds in the EU. Risk category 1 represents the lowest risk but also the lowest possibility of returns. Seven is the highest risk with higher possibility of returns. The risk category is based on how the fund's value has fluctuated over the past five years.

Total risk
13.50%
Total risk

A measure of risk that measures value changes. Stated as a percentage. The higher the percentage, the higher the volatility. Calculated as the standard deviation of monthly returns for the fund during 24 months, multiplied by the square root of the number of months during the year.

Sharpe ratio
0.45
Sharpe ratio

The Sharpe ratio is a measure of risk that compares the actual return on the portfolio, minus the risk-free interest rate, to the total portfolio risk. Portfolio risk is defined as the standard deviation of returns over 24 months. This can be said to illustrate the payment you receive for the risk you take.

Churn
0.53 times/year
Churn

Churn measures how many transactions are made by the fund manager. It is defined as the lowest of the sum of purchased and sold securities, divided by the average net asset value of the fund. Churn is expressed as an annual rate.

Benchmark index
-
Benchmark index

No benchmark index is used since there is no available index that corresponds well with the fund’s investment policy.

Swing pricing
-
Swing pricing

Swing pricing means that the fund’s NAV rate may be adjusted when the fund’s net flows (the sum of deposits and withdrawals in the fund) during a given day exceed a threshold value. The threshold value is an amount and is calculated by a percentage of the fund’s total value. This is called partial swing and is the method of swing pricing used by Carnegie Fonder. If the threshold value is exceeded, a swing factor is applied which is a certain percentage and which is judged to correspond to the costs of managing the net flows. The reason why swing pricing is used is that large transaction costs can arise with large net flows. In order for these costs not to affect other unit holders in the fund, they are instead charged to the unit holders who caused the flow by adjusting the NAV rate with the swing factor. The levels of the threshold and the swing factor are reviewed by Carnegie Fonder on a regular basis.

Show holding
Updated 2022-09-30

Largest holding

Investor AB B
9.25%
Essity AB B Reg
5.12%
Lifco AB
3.85%
ABB Ltd Reg
3.83%
Holmen AB Reg B
3.69%
Volvo AB B
3.21%
Sandvik AB
2.43%
Alfa Laval AB
2.42%
Atrium Ljungberg B
2.38%
Industrivaerden AB C
2.27%
Other holding
61.54%

Geographic distribution

Sweden
70.63%
Norway
9.58%
Finland
4.21%
Denmark
3.84%
Other
11.76%

Nav distribution

Equities
60.45%
Fixed Income Securities
37.39%
Cash and equivalents
2.52%
Funds
0.10%
Currency hedge
-0.44%

Articles

More cautious offensive
Carnegie Strategifond

More cautious offensive

The recovery in the economy and the stock markets continued in November. That said, reports of higher-than-expected inflation, mainly for durable goods, raised concerns. There is reason to believe that...

John Strömgren 6 December 2021
Pulp and paper stocks have fallen so the fund is expanding in Holmen
Carnegie Strategifond

Pulp and paper stocks have fallen so the fund is expanding in Holmen

The fund reduced its share of equities in August to reduce risk. This proved timely as equities have underperformed since then. There are many explanations, but the overarching reasons are...

John Strömgren 5 October 2021
Carnegie Strategifond is not a traditional mixed fund
Carnegie Strategifond

Carnegie Strategifond is not a traditional mixed fund

A traditional mixed fund normally consists of 60 percent equities and 40 percent bonds. The idea is for the bonds to provide a stable return and a rise in value...

John Strömgren 3 September 2021
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