ESG - Nordic - Long/Short
Fund Portrait
Norron Select is a long short Nordic equity fund with an absolute return focus. The fund is managed by the investment team under the direction of Marcus Plyhr, who has been a part of the fund management team since 2013.
Volatility should be in the range of 5-15 % and the fund should capture 70% of the stock market returns with 50% of the risk.
Select has a well-defined portfolio structure consisting of sub strategies with different objectives; yield, exposure, long/short market neutral, corporate bonds and alpha picks. Net exposure can vary between -30% to + 80%. ESG is integrated into the entire investment process. This strategy is suitable for medium/long-term investors accepting volatility and looking for above average risk adjusted returns.
| INVESTMENT MANAGER | Norron Asset Management |
|---|---|
| LINKEDIN COMPANY PAGE | Norron Asset Management |
| FUND | Norron Select |
| TYPE STRUCTURE | SICAV |
| DOMICILE | Luxembourg |
| LAUNCH DATE | February 1, 2011 |
| DISTRIBUTOR SWITZERLAND | OpenFunds Investment Services AG (Switzerland) |
| AUDITOR | EY, Luxembourg |
| CUSTODIAN | Skandinaviska Enskilda Banken SA, Luxembourg |
| REGULATOR | Commission de Surveillance du Secteur Financier, Luxembourg (CSSF) |
| PAYING AGENT SWISS | Società Bancaria Ticinese SA (Switzerland) |
| GEOGRAPHY | Nordics |
| STRATEGY | Equity Long/Short |
| SHARE CLASSES | HIC - EUR |
| CURRENCY | EUR, SEK |
| INITIAL CHARGES | 0% |
| MINIMUM SUBSCRIPTION | EUR 100,000 |
| LIQUIDITY | Daily |
| MANAGEMENT FEE | 1.50% |
| PERFORMANCE FEE | up to 20% p.a. |
| FUND SIZE | EUR 55 m |
| ISIN | LU1982816461 |
| BLOOMBERG CODE | NORSLRC LX |
| SFDR CLASSIFICATION | Art. 8 |
Norron ESG strategy is based on the belief that sustainability is a shared responsibility for individuals and businesses. It is crucial for positive societal development. All businesses, including Norron, must integrate a sustainability strategy into their overall plans. Norron uses their sustainability policy as a framework for responsible investments. The company aims for financial success while contributing to social, environmental, and governance advancements. Norron's fund managers actively select sustainable investments, engage in dialogue, and advocate for improved practices in the companies they invest in.
Norron Select is an Art. 8 and Norron Sustainable Equity is an Article 9 fund in terms of the classifications created by the European Union's Sustainable Finance Disclosure Regulation (SFDR), i.e. a fund that has sustainable investment as its main objective. It aims to generate positive environmental or social impact alongside financial returns.
