Evli Global

Equity fund that invests in developed markets’ companies globally

NAV
21.10.2019
Return %
Year-To-Date
Return %
1 y
Return % p.a.
3 y
Return % p.a.
5 y
Return % p.a.
Since start
6.605 18.53 8.85 6.61 10.58 5.42
NAV
21.10.2019
Return %
Year-To-Date
Return %
1 y
Return % p.a.
3 y
Return % p.a.
5 y
Return % p.a.
Since start
22.809 18.53 8.85 6.61 10.58 5.42
NAV
21.10.2019
Return %
Year-To-Date
Return %
1 y
Return % p.a.
3 y
Return % p.a.
5 y
Return % p.a.
Since start
106.398 19.10 9.51 - - -

Risk

5/7

Morningstar

4/5

Recommended Investment Horizon

7 years or more

Administrative fees

1.60 % p.a.

Suitable for investors

  • who want to benefit from an actively managed and globally diversified international equity portfolio
  • who want to benefit from the return opportunities of investing in global equity markets
  • who want to diversify their investments across a wider array of countries to mitigate equity risk.

 


Invest

min. 1 000 € or 50 €/month

Evli Global Fund is an equity fund that invests its assets globally in equities. The fund's investment strategy is active, and the fund is not subject to restrictions concerning index, sector or geographical region.

Investment instruments are primarily developed economies' quoted shares in Europe, North America, Japan and Australia. The Fund’s investment strategy emphasizes underpriced companies that generate cash flow and have strong debt coverage.

 

The portfolio is managed by

Hans-Kristian Sjoholm

Hans-Kristian Sjöholm

Investment Objective and Risks

The aim is to earn a return which, in the long term exceeds the return of the benchmark index.

As the fund's assets are invested in equities or equity-linked securities, the fund unit value can fluctuate significantly within a short period. The fund's investments carry an exchange rate risk.

Monthly review

30.09.2019

The Fund’s return was 4.6% in September, while the return of the benchmark index was 2.9%. The Fund’s return since 31.5.2011 (when present management took over) was 11.7% p.a., while the benchmark return was 11.7% p.a.

By sector, stock selection improved the return differential. The most beneficial selection impacts came from consumer discretionary, information technology, and industrials. The net effect of sector weights on the return differential was somewhat negative mainly due to an underweight in financials. Geographically, stock selection improved the relative return in the aggregate, and selection in the US was especially beneficial. Selection in Japan had the most negative effect. The net effect of country weights on the return differential was also somewhat positive due to e.g. an overweight in Japan. By stock, the top attributors were NetEnt, Playtech, and Persimmon, while the most negative attribution effects came from our investment in Nexon, from Apple not being in the portfolio, and from our investment in Amgen.

We invest in underpriced companies that generate cash flow and have strong debt coverage. There are no benchmark, sector, geographical or market cap constraints within the investment universe.

Fund facts

Type of fund International equity fund (UCITS)
Investment activity began 08.04.1994
Benchmark index

MSCI World TR Net (USD)

Profit distribution Fund-units are divided into A and B units. Profit share of at least 4% is distributed on A units annually.

Downloadable files

Invest

min. 1 000 € or 50 €/month