202101
GP Bullhound Thyra Hedge
Vision & Strategy

The objective of Thyra Hedge is to deliver good returns in both downward and upward markets. The fund has delivered an average monthly return of 6.16% since its creation in November 2006. Low correlation with the Swedish stock market and other funds going against the market, based on fundamental analysis, has proven to be a successful strategy, especially when it gets shaky on the stock market. Deep knowledge in technology sectors create a good basis for stock choices that are unique.

Irrational markets are often about risk on/risk off, which generates opportunities for active investors. We are long-term investors in our core holdings but tactical trading around our core positions can increase returns and reduce volatility. The fund's investment strategy is flexible, meaning that the fund, under the right conditions on the market view, can eliminate a core holding for shorter periods during which volatility is foreseen.

An investment in the fund gives you a broad focus on global, market-leading technology companies. The fund's managers invest in technology companies based on 4 to 5 major technology trends and currently, the fund is exposed to gaming, software, marketplaces and semiconductors.

The goal is to create opportunities for a good risk-adjusted return through the management team's area expertise and fundamental stock analysis. 

For any enquiries, please contact: [email protected].

GP Bullhound Thyra Hedge
Historical performance
THF SEK
Historical Performance
Max
-32%
1 year
-14%
INVESTMENT DETAILS
Portfolio construction
We try to find the winners of a theme and investfor a 3-5 years horizonTrading overlay if needed “weak quarter”We do our own research and build our own modelson our holdingsWe buy and hold companies where we have a morepositive view on the coming years then the marketWe track customers, competitors and holdings on adaily basis
We try to find the winners of a theme and investfor a 3-5 years horizonTrading overlay if needed “weak quarter”We do our own research and build our own modelson our holdingsWe buy and hold companies where we have a morepositive view on the coming years then the marketWe track customers, competitors and holdings on adaily basis
INVESTMENT DEALS
Risk Control
Holdings are large cap liquid names, reducing the risk of the portfolio12Portfolio includes 4 or 5 themes and thereby reduces the correlation between the assets3We focus on companies that have strong balance sheets4We use two different models for risk based on Beta and VAR, adjusted daily5Historically clearly lower draw downs and standard deviation than Nasdaq6External data point checks ahead of every quarter to check performance of thecompany relative to expectations
Holdings are large cap liquid names, reducing the risk of the portfolio12Portfolio includes 4 or 5 themes and thereby reduces the correlation between the assets3We focus on companies that have strong balance sheets4We use two different models for risk based on Beta and VAR, adjusted daily5Historically clearly lower draw downs and standard deviation than Nasdaq6External data point checks ahead of every quarter to check performance of thecompany relative to expectations
GP BULLHOUND NETWORK
20+ years of tech investing combined with global reach
StockholmBerlinZurichLuxembourgParisLondonManchesterNew YorkSan FranciscoHong KongMadridMarbellayears experience of 20+investing in techMeeting thousands of1000+tech companies per yearTech events arranged70+yearlyemployees at 12150+offices on 3continentsresearch reports30+ released per year
StockholmBerlinLuxembourgZurichParisLondonManchesterNew YorkSan FranciscoHong KongMadridMarbellayears experience of 20+investing in techMeeting thousands of1000+tech companies per yearTech events arranged70+yearlyemployees at 12150+offices on 3continentsresearch reports30+ released per year

Investing in mutual funds always involves a risk. Historical returns are not an indicator of future returns. Investors may lose part or all of the invested amount.

GP Bullhound Asset Management Ltd is authorised and regulated by the Financial Conduct Authority.

Information on this website should not be seen as anything else than information about the Fund, and is provided for information purpose only. For more information about the Fund, please refer to the key investor information document (KIID) and the information brochure, which describe the full objective and risk factors associated with the Fund.

The information provided on this page does not constitute or form part of a solicitation or an offer for units in the Fund or an invitation to apply for units. Subscriptions to units of the Fund can only be made on the basis of the current information brochure and where available, the latest KIID, along with the latest available audited annual report and the latest semi-annual report of the Fund (if made available thereafter). Units of the Fund are not available for distribution in all jurisdictions and prospective investors should confirm with either the authorised Management Company of the Fund or with GP Bullhound Asset Management Ltd whether the units of the Fund are registered and authorised for distribution in their country of residence. The information on this website is not intended for use by individuals in jurisdictions where access, use or availability of this information would be unlawful.

Investing in shares or units of collective investment vehicles always entail risks. Historical returns are not a guide to future returns, and current performance may differ significantly from historical performance. The value of units in the Fund will fluctuate with market conditions and can go down as well as up, and investors may not get back the full amount invested.