Plain Capital BronX receives five stars from Morningstar.

The Plain Capital Bronx mixed fund managed by AIFM Capital AB has been awarded five stars out of five on its three-year rating of Morningstar. Five stars on a three-year rating means that the fund has, over the past three years, achieved a risk adjusted return and risk adjusted that are among the best-performing ten percent in its category.

“Our management aims at a high return with a clear goal to reduce the downturns once they reach the market. Our toolbox of strategies and active portfolio management has provided a nice return to our investors during the current year,” says Plain Capital BronX fund manager Patrik Wallenberg.

“It is very gratifying that we have achieved a result which means that the fund has five stars on its three-year rating. Patrick Wallenberg does a very good job and shows a good risk-adjusted return,” states AIFM Group CEO Thomas Dahlin

The fund has been managed by Patrik Wallenberg since 2018-10-01. The management philosophy is based on active management, where analyzes serve as the basis for business decisions. At good times, the proportion of equities is increased and at lower stock market times the proportion of fixed income instruments is increased.

“This in and of itself, is very gratifying as it is our co-owners who are most important to us. Looking to the current year, we are proud of a return of 20.2% with low standard deviations, which is in line with our goal of high risk-adjusted returns.” – Patrik Wallenberg

Fund Facts

The fund's focus is Mix Fund, -SEK, Flexible. The fund is a special fund and thus has a broader mandate in its allocation and can shift its allocation depending on the market climate from equities and interest rates to a large extent. Since the beginning of 2019, Plain Capital Bronx has returned 20.2% with a lower standard deviation than the stock exchange. The fund can be traded through Avanza, MFEX and fondmarknaden.se.

For more information about AIFM Group, visit www.aifmgroup.com or contact Jared Fein at jared.fein@aifm.se or +46 73-537 44 52.