Active funds

Nordic Credit Partners funds invest in sustainable Nordic credit across sectors in companies that have their headquarter and/or main operations in the Nordics. All funds commit to an active promotion of ESG characteristics in the investment processes and fund management.

NCP – Sustainable Corporate Bond 2XL

Levered sustainable Nordic credit | Yearly return target: 6-9% above risk-free rate

Nordic Credit Partners Sustainable Corporate Bond 2XL invests in Sustainable Nordic credit using leverage of up to 2x. The fund is a Luxembourg-based SICAV-RAIF offering monthly subscriptions and redemptions (with four months’ notice).

It is managed by Carne Group in Luxembourg and NCP is acting as investment advisor to the fund.

6.84% YTD Return

Year Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec FY
2024 3.46 1.04 2.21                   6.84
2023 1.46 1.01 -0.07 0.80 3.51 0.73 -0.39 1.59 0.52 0.24 0.15 1.39 11.45
2022 0.80 -0.86 0.60 1.17 -0.73 -2.42 1.09 0.91 -2.80 -2.83 -0.74 0.79 -5.03
2021 0.59 0.73 0.85 0.88 0.58 0.27 0.33 1.30 0.39 0.12 1.57 0.49 8.39
2020 – – – – – – – 0.17 0.25 0.60 0.24 0.61 1.88

NCO – Sustainable Return

Sustainable Nordic credit | Yearly return target: 3-6% above risk-free rate

Nordic Credit Opportunities Sustainable Return invests in Sustainable Nordic credit. The fund is a a Luxembourg-based SICAV-RAIF offering yearly subscriptions and redemptions (with six months’ notice).

It is managed by Funds Avenue in Luxembourg and NCP is acting as investment advisor to the fund.

3.09% YTD Return

Year Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec FY
2024 1.15 0.80 1.12                   3.09
2023 1.27 1.56 -0.09 0.58 0.68 -0.37 0.04 1.48 -0.47 -0.12 -0.14 1.47 5.79
2022 0.77 -0.47 0.69 0.28 -0.51 -1.27 0.41 0.76 -0.18 -1.95 0.03 -0.32 -1.79
2021 0.84 0.44 0.72 0.98 0.47 1.00 0.98 1.06 0.39 0.26 0.41 0.37 8.19
2020 – – – – – -0.06 0.39 -0.02 0.11 0.06 1.55 0.13 2.16

NCP III – Continuation fund (2023:1)

Levered sustainable Nordic credit | Yearly return target: 6-9% above risk-free rate

Nordic Credit Partners Fund III AB (publ) – Continuation fund (2023:1) is the extension of the original NCP III fund which was launched in December 2017. Since 2021, the fund invests the majority of its assets in NCP – Sustainable Corporate Bond 2XL (see above). The fund is a Swedish AIF offering monthly subscriptions and redemptions (with four months’ notice).

It is managed by Wahlstedt & Partners AB and listed on Nordic Growth Market with ISIN SE0019914292.

4.11% YTD Return

Year Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec FY
2024 1.92 0,51 1.51                   4.11
2023
 0.92 0.37 0.27 0.55 2.50 0.07 -0.46 -0.12 -0.59 0.19 -0.08 1.01 4.68
2022 0.46 -0.92 1.10 0.63 -1.18 -2.34 0.71 0.54 -2.55 -2.58 -0.93 0.93 -6.06
2021 1.21 1.75 1.71 2.06 1.13 1.09 0.88 1.41 0.69 0.12 1.34 0.32 8.91
2020 1.70 0.13 -34.68 2.56 5.77 10.90 3.87 6.50 2.01 0.67 3.21 1.27 -4.96
2019 1.50 1.06 0.91 1.44 0.31 0.13 0.99 -0.36 1.20 0.82 0.82 1.80 11.11
2018 -0.07 1.01 0.92 1.33 -0.15 0.85 0.17 0.84 0.74 0.44 -0.25 -0.20 5.74
2017                       -0.02 -0.02

No consideration to Principal Adverse Impacts (PAI) of investment decisions on sustainability factors

 

NCP does not currently consider the PAI due to lack of applicable data at this point in time. However, as relevant data is planned to be collected from underlying holdings during the first half of next year NCP will take the PAI into consideration as soon as relevant data is available.