Overview

Investment Objective

Taaleri Active is an active global cross-asset investment fund domiciled in Finland. The Fund’s objective is to provide high risk adjusted returns by investing in Exchange Traded Products (ETP), namely ETF: s, ETC: s and ETN: s and European equities. The fund employs a well-defined investment process in its strategic, as well as tactical allocation decisions.

Growth of 100 (EUR)

8/31/19

Risk Level 5/7

1 = Lower risk, lower expected return
7 = Higher risk, higher expected return

ISIN
FI4000104690
Inception Date
9/8/14
Net Asset Value (NAV)
123.37 EUR
9/12/19
Total Net Assets (mil)
11.57 EUR
7/31/19

Fund Benchmark

5% p.a. + Euribor 3 Month (100%)

Performance

Trailing Returns

9/12/19

Year to Date
11.17%
3 Years Annualised
3.19%
5 Years Annualised
4.47%
10 Years Annualised
-

Return/Risk Analysis

8/31/19

Morningstar
Risk Measurement 1 Year 3 Years 5 Years
Standard Deviation 10.35 7.61 -
Sharpe Ratio -0.17 0.46 -
Positive Months 6 23 36
Negative Months 6 13 23

Portfolio

Asset Allocation %

Net
Stocks 51.78
Bonds 44.94
Cash 3.07
Other 0.20

Stock Sector Weightings %

Fund
Cyclical 26.04
Basic Materials 3.35
Consumer Cyclical 10.24
Financial Services 10.93
Real Estate 1.51
Sensitive 49.54
Communication Services 2.50
Energy 3.06
Industrials 12.55
Technology 31.42
Defensive 24.42
Consumer Defensive 7.67
Healthcare 14.68
Utilities 2.07

Country Exposure %

Fund
United States 33.78
Germany 23.36
United Kingdom 10.39
Sweden 8.37
China 4.69
Austria 4.64
France 4.38
Switzerland 4.29
Netherlands 1.48
Spain 1.12
Other 3.51

Top 10 Holdings

72.72% of total assets in the fund

  1. iShares Core S&P 500 ETF USD Acc
    Ireland
    17.31%
  2. Amundi IS Euro AGG Corporate SRI ETF DR
    Luxembourg
    13.49%
  3. Lyxor Core STOXX Europe 600(DR) ETF Acc
    Luxembourg
    11.03%
  4. X II Eurozone Government Bond ETF 1C
    Luxembourg
    9.22%
  5. OPR-Vakuus Oy 10,75 % 17.2.2021/49
    Finland
    4.20%
  6. SPDR® Blmbrg Bcly EM Lcl Bd ETF Acc
    Ireland
    3.86%
  7. SAP SE
    Germany
    3.69%
  8. B2Holding ASA
    Norway
    3.66%
  9. Outotec Oyj
    Finland
    3.15%
  10. Amundi IS MSCI Europe Quality Fctr ETF-C
    Luxembourg
    3.11%

Fees and Expenses

Switching Fee
-
Exit Charge
1.00%
Initial Charge
1.00%
Ongoing Charge
1.32%
Performance Fee
20.00%
Management Fee
1.20%
Total Expense Ratio (TER)
3.37%

Purchase Details

Additional Investment
100 EUR
Initial Investment
100 EUR

Portfolio Managers

Niko Fagernäs

Niko Fagernäs

Portfolio Manager
Portfolio Management
Helsinki
+358 44 9818 644

Filings