Stockholm (HedgeNordic) As of November 19, Lynx is available for investment on the Nordnet fund platform through the Lynx Dynamic fund according to a press release from Nordnet.
Lynx Dynamic is managed by Lynx Asset Management, partly owned by the Brummer & Partners Group. The Dynamic fund is a retail version of the original Lynx fund that trades global futures markets using a systematic trend following strategy. The difference between the two funds is that Lynx Dynamic has daily liquidity and no minimum investment requirement, however, it charges a management fee that is 0.5 percentage points higher.
In a comment, Svante Bergström, CEO of Lynx Asset Management (pictured) says: “The cooperation with Nordnet makes Lynx available for a new group of investors who are interested in growing their assets. We believe our fund to be a good complement in their portfolios.”
Lynx (Sweden) has been trading since May 2000 with an average RoR of 12,2% and has 4,6 billion SEK under management. By October 30 2015 the fund was down by 7% YTD after a particularly rough ride in the third quarter. The Nordic Hedge Index (NHX) subindex for managed futures is under water by nearly 3% for the year, while NHX composite is up by 3%.