NORDIC POWER FUND
Nordic Power Fund is a hedge fund trading financial power contracts. This means that assets will be invested in European power exchanges as well as exchanges for energy derivatives and derivatives on emission rights. The fund is denominated in Euro.

The goal is to reach a continuous and high risk adjusted return. The Fund also aims to have a low correlation to traditional assets in order to offer a tool for diversification in a portfolio of stocks and bonds. The yearly return target is 15 to 25 percent, hence it is to be regarded as a medium risk fund. The goal is to reach this average return on a period of three years rolling or longer. The fund has the right to trade futures where the underlying asset is a commodity that relate or affects the Nordic electricity price. Primarily this means futures on the Nordic power exchange Nord Pool but also German electricity contracts, emission rights as well as futures of coal, oil and gas. 

Monthly report June 2010 

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NORDIC POWER INDEX
Nordic Power Index is an index fund that tracks the power index NPN365™. This index describes the Nordic power market’s belief of the electricity price the next coming twelve months. This means assets are to be placed in futures traded on the Nordic power exchange Nord Pool. The fund is to be denominated in Euro.

The management goal is to offer exposure on the Nordic electricity price for the next coming twelve months. This is achieved by means of a replica of the power index NPN365™. The index is replicated by trading futures contracts on the Nord Pool exchange. All derivatives must be cleared through a clearing house with a low counter party risk. The fund is to be regarded as a high risk fund.

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NORDIC POWER INDEX SHORT
Nordic Power Index Short is an index fund that tracks the inverse of the power index NPN365™. This index describes the Nordic power market’s belief of the electricity price the next coming twelve months. This means the funds assets are to be placed in futures traded on the Nordic power exchange Nord Pool. The fund is to be denominated in Euro.

The management goal is to offer an inverted exposure on the Nordic electricity price for the next coming twelve months. A decline in the Nordic electricity price will increase the value of the Fund. This is achieved by means of an inverted replica of the power index NPN365™. The inversion of this index is replicated by trading of futures contracts on the Nord Pool exchange. All derivatives must be cleared through a clearing house with a low counter party risk. The fund is to be regarded as a high risk fund.

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DOWNLOADS

Nordic Commodity Funds Short Description Eng 

Fund Statutes NCF Nordic Power Fund Eng 

Subscription form Nordic Power Fund Eng 

Redemption form Nordic Power Fund Eng 

Fondbestämmelser NCF Nordic Power Fund 

Faktablad Nordic Power Fund 

Nordic Power Fund Informationsbroschyr 

Teckningsanmälan Nordic Power Fund 

Monthly report May 2010 

Monthly report April 2010 

Monthly report March 2010 

Monthly report February 2010 

Monthly report January 2010 

Monthly report December 2009 

Monthly report November 2009 

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Monthly report April 2007