OUR FUNDS

Arctic Fund Management manage eight funds, all with specialized strategies in the Norwegian, Nordic, Global and Life Science Equity markets and Fixed Income market.

On this page you can find detailed information about funds managed by Arctic Fund Management. Please feel free to contact us if you need further information about our funds, or would like to speak to one of our investment professionals.

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Arctic Norwegian Equities

An active managed fund within the Norwegian Equity Market

The investment objective of the fund is to achieve long-term capital appreciation and a higher return than the Norwegian equity market. The fund’s investment universe is shares listed on the Oslo Stock Exchange, and consists of approximately 200 investable companies.

We choose shares for Arctic Norwegian Equities through a thorough and systematic process of company analysis. This process gives us an idea of whether a share is cheap or expensive compared to what we think is fair value. In our fair value analysis of a share we examine several different aspects of the company. A traditional valuation analysis is always vital, but we also evaluate factors such as the company's management, its business model and its strategic market position.
We also consider the company in the bigger picture. We evaluate the relevant sector, and whether we can expect structural changes that can affect the company. Macroeconomic developments can also be critical to the company's prospects, as well as changes in general trends in the economy.

Our fair value based investment philosophy gives us flexibility to exploit opportunities that arise in different economic phases, and makes us independent of traditional factors such as large versus small companies, and growth versus value companies.
Arctic Norwegian Equities is designed to achieve long-term capital appreciation, and at the same time be well diversified. So if we find a new share in which we want to invest, we will always compare it to the existing shares in the portfolio. We consider whether the new share is to replace one of the current holdings or be an addition to the portfolio. The aim is that the fund at any time shall be invested in what we consider to be the most promising companies, and that the portfolio is both diversified and robust.

-> Read more about the latest news from Arctic Norwegian Equities

Arctic Norwegian Equities - Factsheet and Comments

Arctic Norwegian Equities II

A fund within the Norwegian Equity Market which is actively managed based on Solsten’s time-tested investment approach

The fund is research driven and truly index-independent. The investment process focus on identifying companies which are considered to be value-creating over time at a reasonable price. The portfolio is constructed by bottom up stock picking. There are no constraints regarding sectors and the goal is to create the best portfolio possible at any time.

The Fund is a UCITS fund while the reference index is Oslo Stock Exchange Mutual Fund Index (OSEFX).

-> Read more about the latest news from Arctic Norwegian Equities II

Arctic Norwegian Equities II - Factsheet and Comments

Arctic Global Equities

Arctic Global Equities will invest in value creating companies Globally

Arctic Global Equities invests in value-creating companies globally. The investment objective of the fund is to achieve long-term capital appreciation and a higher return than the global equity markets.

The global stock market consists of thousands of companies, and we can find attractive investments in various sectors and regions. Our analysis of the global economy is the starting point of many of our best investment ideas. The investment ideas can be directly related to economic factors such as different growth outlooks and cyclical fluctuations between countries and regions. In addition, political and social trends can influence sectors and companies differently.

When we have identified a particularly interesting investment theme within a sector or region, we conduct a quantitative screening to find potential companies for the fund. We use both internal and external screening models in this process.
The most promising shares then go through a thorough and systematic research process. This process gives us an idea of whether a share is cheap or expensive compared to what we think is fair value. In our fair value analysis of a share we examine several different aspects of the company. A traditional valuation analysis is always vital, but we also evaluate factors such as the company’s management, its business model and its strategic market position. This fair value analysis forms the basis for selecting shares for Arctic Global Equities.

Arctic Global Equities is designed to achieve long-term capital appreciation, and at the same time be well diversified. The aim is that the fund at any time shall be invested in what we consider to be the most promising companies, and that the portfolio is both diversified and robust.

-> Read more about the latest news from Arctic Global Equities

Arctic Global Equities - Factsheet and Comments

Arctic Nordic Equities

A fund within the Nordic Equity Market which is actively managed based on Solsten’s time-tested investment approach

The fund is research driven and truly index-independent. The investment process focus on identifying companies which are considered to be value-creating over time at a reasonable price. The portfolio is constructed by bottom up stock picking. There are no constraints regarding country or industry in the Nordic region, and the goal is to create the best portfolio possible at any time.

The Fund is a UCITS fund, while the reference index is  VINX Index calculated in Norwegian kroner.

.-> Read more about the latest news from Arctic Nordic Equities

Arctic Nordic Equities - Factsheet and Comments

Arctic Aurora LifeScience

Capturing the value in healthcare innovation

Arctic Aurora LifeScience is a specialized global healthcare fund investing primarily in public life science companies with a focus on Europe and the US.

The team consists of experienced health care specialists with excellent track records from investing in the public life science sector and with outstanding scientific and industrial expertise. Through active portfolio management, the fund offers investors unique exposure to growth in the biotech and pharmaceutical industries. The strategy is focused on achieving an excess return from investments in the biotech sector complemented by investments in larger companies such as global pharmaceutical companies. 

Investing in biotech and drug development in general requires a deep understanding of biology, as well as the functions of the regulatory and commercial part of drug development, i.e. clinical studies and the dynamics between smaller biotech companies and the larger pharmaceutical companies that fund the later stages of development and thereby contribute to value creation. Arctic Aurora LifeScience conducts active portfolio management with a focus on listed biotech companies supplemented by larger global pharmaceutical companies in both the US and EU.

The investment philosophy of Arctic Aurora LifeScience is to build a portfolio of successful companies in the life science sector, based on a thorough due diligence process. Such due diligence review is a combination of top down studies, where the therapeutic areas of medical and commercial interest are selected, and bottom up work, where the universe is screened for companies owning leading science within the selected therapeutic areas. A deep analysis of these companies is then undertaken with the aim of finding the best investment opportunities. To maximize risk/reward we only invest in companies with good clinical data. We do not invest in early stage biotech prior to clinical development in patients. Close contact with company management teams is essential and contacts are regularly followed up.

The portfolio is constructed in relation to risk and expected return, with the aim of building a diversified portfolio of approximately 40-60 holdings.

-> Read more about the latest news from Arctic Aurora LifeScience

Arctic Aurora LifeScience - Factsheet and Comments

Arctic Investment Grade

Arctic Investment Grade is a bond fund with a wide duration range and a moderate credit risk. The Fund only invests in "investment grade" bonds and money market instruments, mainly in the Norwegian and Nordic markets

Arctic Investment Grade is a Nordic bond fund with a focus on creating an attractive absolute return by investing in a diversified portfolio of investment grade bonds.

Our core competence in credit research is within the Nordic markets, and our fixed income team has extensive experience from analysing companies and managing bond portfolios from these markets. The Nordic bond market is diversified and offers good investment opportunities in many sectors and from different issuers. Arctic Investment Grade will mainly invest in bonds issued by Nordic companies.

Fundamental research is core to all fixed income portfolio management in Arctic Fund Management. Before we decide to invest in a bond we conduct a thorough credit analysis. We typically look into the economic development of the issuer and its financial solidity, the bonds' ranking within the capital structure and the covenants given. We also consider the sector the issuer belongs to, and how macroeconomic included can affect the issuer.

When we find a new bond in which we want to invest, we will always compare it to the existing bonds in the portfolio. We consider whether the new bond is to replace one of the current holdings or be an addition to the portfolio. The aim is that the fund at any time shall deliver attractive returns and be both diversified and robust. When we invest in bonds issued in other currencies than NOK we always hedge the currency risk.

Arctic Investment Grade can invest in fixed income instruments along the yield curve, but the average interest rate duration and credit duration will not exceed five years.

-> Read more about the latest news from the Arctic Fixed Income Team

Arctic Investment Grade - Factsheet and Comments

Arctic Return

The fund is a short bond fund with medium credit risk and a shortduration. The Fund invests in various Nordic bonds and money market instruments, with a focus on delivering attractive returns and capital preservation.

Arctic Return is a Nordic bond fund with a focus on creating attractive an absolute return by investing in a diversified portfolio of investment grade and high yield bonds. The fund aims to deliver an annaual return of one to three percent higher than the Norwegian money market rate. Arctic Return shall be a good alternative to traditional money market and bond funds and bank accounts as a means of long-term saving.

Arctic Return will invest in a diversified portfolio of bonds and money market instruments, where most will be issued in the Nordic markets. The fund will be invested as to at least 70% in investment grade bonds, but up to 30% may be in high yield bonds. Investments in high yield bonds will preferably be from the most solid segments of the market, and from issuers we believe will give a positive contribution to the portfolio return. When we find a new bond in which we want to invest, we will always compare it to the existing bonds in the portfolio. We consider whether the new bond is to replace one of the current holdings or be an addition to the portfolio. The aim is that the fund at any time shall deliver attractive returns and be both diversified and robust. When we invest in bonds issued in other currencies than NOK we always hedge the currency risk.

Arctic Return can invest in fixed income instruments along the yield curve, but the average interest rate duration will not exceed one year. The average credit duration can be between 0 and 4 years.

-> Read more about the latest news from Arctic Return

Arctic Return - Factsheet and Comments

Arctic High Return

A bond fund with a focus on creating a high absolute return by investing in Nordic high yield bonds. The fund's credit risk is high, but the duration range is short to medium. The Fund will invest in various sectors and obtain a well-diversified portfolio.

Arctic High Return is a Nordic bond fund with a focus on creating a high absolute return by investing in a diversified portfolio of high yield bonds.

Our core competence in credit research is within the Nordic markets, and our fixed income team has extensive experience from analysing companies and managing bond portfolios from these markets. The Nordic bond market is diversified and offers good investment opportunities in many sectors and from different issuers. Arctic High Return will mainly invest in bonds issued by Nordic companies.

Fundamental research is core to all fixed income portfolio management in Arctic Fund Management. Before we decide to invest in a bond we conduct a thorough credit analysis. We typically look into the economic development of the issuer and its financial solidity, the bonds' ranking within the capital structure and the covenants. We also consider the sector the issuer belongs to, and how macroeconomic developments can affect the issuer. When we find a new bond in which we want to invest, we will always compare it to the existing bonds in the portfolio. We consider whether the new bond is to replace one of the current holdings or be an addition to the portfolio. The aim is that the fund at any time shall deliver attractive returns and be both diversified and robust. When we invest in bonds issued in other currencies than NOK we always hedge the currency risk.

Arctic High Return can invest in fixed income instruments along the yield curve, but the average interest rate duration will not exceed three years. The average credit duration can be between 0 and 5 years.

-> Read more about the latest news from the Arctic Fixed Income Team

Arctic High Return - Factsheet and Comments

Fund Documentation

Annual and Interim Reports Arctic Funds Plc

Follow the link below for Arctic Funds Plc' Annual and Interim Reports

Memorandum and Arcticles of Association

Follow the link below for Arctic Funds Plc' Memorandum and Arcticles of Association