But is it not obvious that Rhenman & Partners wants me/the company to invest in the fund?
We try to generate the best possible performance for the fund, given its conditions. We are happy to inform you about the company, our activities, the fund’s performance and the industry as a whole, but we have no view if “our” fund in particular is an appropriate investment for individual investors. We cannot and will not provide investment advice in this matter. Instead, discuss this matter with your professional investment advisor.
Does Rhenman & Partners recommend me to invest in the fund?
No! We do not provide investment recommendations. We are solely the portfolio manager of the fund and do not give any investment advice. Whoever’s thinking of investing in the fund should first discuss the possible placement with a professional investment advisor. Of course, we have confidence in the fund, but we have no opinion if it fits as an investment for the individual investor, given all the parameters that are relevant for this investor.
How do I begin to invest in the fund?
If you as a private person want to invest in our fund, you do so most easily through your bank, stockbroker or other institution.
If you are already a customer of Avanza and/or Nordnet, you can buy directly without a transaction form. If you want to invest as a legal entity we kindly ask you to contact us.
How much of the world’s equity capital is invested in healthcare?
The healthcare sector today accounts for 12% of the world index so it could be said to constitute a neutral allocation in a global portfolio.
What does L/S in the fund name stand for?
L/S stands for Long/Short and refers to the fact that we take both long and short positions in both equities and other financial instruments. Our investment horizon is always long, but we trade the fund very actively.
What is the difference between a hedge fund and normal mutual fund?
The more liberal investment rules for hedge funds gives us much greater investment opportunities compared to ordinary mutual funds. Our fund invests mainly in equities, but our Investment Team can also use other financial instruments, such as derivatives. In this way, they can better take advantage of investment opportunities and create higher risks diversification. The fact that our fund is a hedge fund is also the reason why we do not compare ourselves with an equity index. The target return for the fund is a positive annual return, regardless of stock market performance.
Skandinaviska Enskilda Banken S.A. is the responsible custodian. What does this mean?
The fund is administered by Skandinaviska Enskilda Banken S.A. in Luxembourg, which means that it is under their legal umbrella. For you as an investor, it means added confidence that the Custodian is an established financial institution with a long history.
Why is the Fund registered in Luxembourg?
Luxembourg is a major centre for funds and offers good, cost-efficient fund management. Our fund’s base currency is the euro but you can choose to invest in EUR, SEK or USD by selecting the appropriate share class.
Read more under How to invest »
Why is it only possible to trade in the fund once a month?
The price (NAV) of the fund’s share is set once a month, which means that the fund’s holdings are added up and the official NAV is calculated. This day falls on the last business day of each month, and it is only on that day that shares in the fund can be traded.
Read more under How to invest »