AJ Value Hedge
The Fund’s investment objective is to achieve absolute returns in all market situations. The Fund aims to eliminate its correlation on the equities market and even achieve negative correlation and deliver returns in falling markets. The fund is intended for experienced investors that seek a high yield on their investment portfolio and are prepared to tolerate the price fluctuations in the short term. The recommended investment horizon is at least 3-5 years.
The Fund’s investment decisions are based on fundamental analysis that aims to find under- and
overvalued stocks. Fund’s assets are invested in stocks that are under valued according to Fund Manager’s analysis methods. Fund’s risk is managed by profound analysis of investment objects, diversifying the portfolio between a large number of stocks and using derivatives. Derivative contracts may be used in both for hedging purposes and as part of the Fund’s investment activity in line with its objectives. Geographically focus is in Finland and Sweden, but the Fund can invest in other markets as well as long as 80% of the assets are invested in the Nordic Countries.
- The fund invests in undervalued securities and derivatives.
- The Fund does not have a benchmark index.
- The Fund can sell short overvalued companies.
- If the securities and derivatives markets do not offer investments that are in line with the Fund’s objectives, assets are held in cash or invested in fixed income instruments.
The Fund's Portfolio Managers
The fund’s portfolio managers Juha Rajakenttä and Antti Selenius have 20 years experience of successful portfolio management. Principle elements in the portfolio management are analytical research and personal visits to the target companies.