Carnegie WorldWide Long/Short Fund

Carnegie WorldWide Long/Short Fund – not just another hedge fund!

It is Carnegie Asset Management’s firm conviction that Carnegie WorldWide Long/Short Fund is not just another hedge fund. Some of the major differences are due to the fact that Carnegie Asset Management differs from many of the other hedge fund managers by:

• the focus on long-term fundamental equity selection rather than on short-term equity trading;
  the track record of unique long-term return that has significantly out-performed the market;
  having a stable operational platform and by offering a high level of information.

The primary objective is to deliver positive returns every year. The Fund’s managers will seek to deliver the highest possible return taking into account the primary objective and with the 3-month money market rate as benchmark.

The Fund has an investment flexibility that offers the following features:

• the possibility of positive returns, also when equity markets are flat or negative, by using short selling techniques and thereby being able to profit from equities that fall in value;
• the possibility to create returns that are markedly different from those of the equity markets, thereby offering a diversification opportunity to equity portfolios without compromising the possibilities of high returns;
• the possibility of capital preservation by having the freedom to place 100% of the Fund’s assets in money market instruments during times of extreme market volatility.
  The team behind the Fund is a strong Carnegie team that together has more than 39 years experience of fundamental stock-picking.

Considerable preparatory efforts have been devoted to creating a simple and transparent product and to defining a thorough information policy that will secure investors' ongoing insight into the Fund’s activities.

The Fund is also characterised by a simple fee structure that ties the investors' costs as closely as possible to the actual value growth obtained by the investor.

The minimum subscription amount is EUR 10,000 and subscriptions will be accepted monthly.

As is the case for any investment, the manager cannot guarantee future performance and there can be no certainty that the investment objectives of the Fund can be achieved.

An investment in the Fund is a high-risk investment. Investors may lose a substantial portion or all of the money they invest in the Fund, which is suited only to sophisticated investors who can afford the risk involved. Only capital that the investor can afford to lose should be invested in a fund of this nature, and investors are recommended to consult their financial advisers before investing in the Fund.