Reduced performance fee in Lannebo Småbolag Select as of April 1, 2016

Lannebo Fonder decreases the performance fee in Lannebo Småbolag Select to make the fund even better for its unit holders

Lannebo Småbolag Select is Lannebo Fonder’s best fund in terms of the absolute return since inception. For a unit holder who invested at inception October 31, 2000, the fund has given a net return of 859 percent, compared to the benchmark (CSXRSE) which during the same period increased by 508 percent.

The fund has in comparison with our other funds, a lower fixed management fee of 0.7 percent per year, but on the other hand an individual performance fee which amounts to 20% of the excess return i.e. that part of the fund’s capital growth which exceeds the benchmark, a so-called threshold or hurdle. The hurdle is currently 30 day-STIBOR (but not less than 0 percent interest rate) plus 3 percentage points.

We are now in a different interest rate environment compared to when the initial fee conditions were written and that is why we are now increasing the threshold. This means that the fund needs to give a higher return for the threshold to be crossed and performance fee to be charged to the fund. On April 1, 2016 this change takes place. The threshold will be changed to 30 day-STIBOR (but not less than 0 percent interest rate) plus 5 percentage points.

If you have any questions or concerns, do not hesitate to contact us at +46 856 225 222.

Related articles

Öhman new main owner in Lannebo Fonder

When Öhman becomes the new main owner of Lannebo Fonder, the result will be the Nordic region's largest independent fund manager and an even more powerful offering to customers. "The companies are a perfect fit...

Read more

Strong start for Lannebo Europe Green Transition

September was another negative month for the stock market. But Lannebo Europe Green Transition has nevertheless got off to a good start. "Falling prices always mean opportunities," say the managers....

Read more

Lannebo launches fund focusing on Europe’s green transition

September sees the launch of the Lannebo Europe Green Transition Article 9. An UCITS equity fund that will invest in small and mid caps that contribute to Europe's green transition....

Read more

New director of institutional sales in Denmark: Philip Garde

Philip Garde is leading the efforts to reach out to institutional investors in the Danish market....

Read more

Lannebo Recruits new head of sustainability from Nordea

Lannebo recruits Katarina Hammar as new Head of Sustainability and Corporate Governance. She joins from Nordea Asset Management, where she was Head of Active Ownership. ...

Read more

Lannebo Sustainable Nordic Equities fund awarded by Lipper

Lannebo Norden Hållbar was awarded as the best Nordic Equities strategy by Refinitiv Lipper. "We've had the courage to go our own way", fund manager Charlotta Faxén says....

Read more

Small caps for the long term

Investments in small caps has been at the heart of Lannebo's management since the company was founded two decades ago. Today the successful strategy is headed by Per Trygg. A fund manager who has his...

Read more

Lannebo Räntefond Kort awarded “Best swedish fixed income fund”

Focus on risk and stability makes Lannebo Räntefond Kort the best swedish bond fund in 2021, according to Fondmarknaden. ...

Read more

Citywire: “Nordic apetite for bite-sized businesses”

Per Trygg manager of the small cap equity fund Lannebo Småbolag interviewed in Citywire. ...

Read more

Lannebo recruits Jessica Malmfors as the new CEO

Lannebos board of directors appoints Jessica Malmfors as new CEO. Jessica Malmfors most recently served as CEO of Nordea Investment Management. ...

Read more