Fact sheet
Accessible to accredited investors, advisers, and institutions regardless of geographic location.
ISIN
US42280H1059
CUSIP
42280 H105
SEC CRD
324941
NAV
$623.20
As of 19/11/2024
Annualized return
47.08%
Since inception
Management fee
1%
Performance fee
10%
Overview
Our objective is to create alpha for our clients by channeling capital into the most impactful and compelling investments worldwide. We leverage our blend of talent, technology, and global reach to achieve this.
Hedonova 506(c) fund
Name
Hedonova LLC
Structure
506(c) Reg D
Inception date
October 2021
Global data
As of 20/11/2024
YTD returns
12.56%
Holdings
507
AUM
$798M
Turnover rate
9.57%
Returns since inception
464.29%
Client base
5620
Fees & minimums
Minimum investment
$10,000
Annual Management fee
1%
Annual Performance fee
10%
Management
Investment approach
Diversified portfolio for risk-adjusted returns
Due diligence process for investment evaluation
Long-term focus for capital preservation and growth
Experienced team for identifying new opportunities
Active management for market trends and risk mitigation
Benchmark
Hedonova 101
Get an in-depth look into our investment strategy, top-performing holdings, and historical returns with our comprehensive fund brochure. Explore now to make informed investment decisions and capitalize on attractive opportunities.
Distinct Advantages
Hedonova stands out from the competition with its focus on alternative assets, diversified portfolio, and strong track record of achieving attractive risk-adjusted returns. Learn more about what sets us apart from the competition below.
Performance
Hedonova has consistently delivered strong risk-adjusted returns since its inception, outperforming the S&P 500 index.
Hedonova vs S&P 500 since inception
- Hedonova
- S&P 500
39.65%
IRR
A performance measure that gauges the fund's potential profitability by considering investment duration, cash flows, and overall returns.
NaN%
Alpha over S&P 500
Absolute excess annual returns for the Hedonova portfolio over the S&P 500 after adjusting for market-related volatility and random fluctuations.
47.08%
CAGR
A performance measure that quantifies the fund's annualized return, factoring in compounding effects, for investor performance assessment.
Annual returns
- Q1
- Q2
- Q3
- Q4
Monthly returns
- Hedonova
- S&P 500
Total assets under management (AUM)
- Hedonova
Price & gains
Stay informed about our fund's price and gains, including NAV and total returns, to monitor your investment and make informed decisions. This data is updated daily and readily accessible to our investors through our web and mobile applications.
Closing price
As of 20/11/2024
NAV today
$623.20
NAV change from yesterday
$11.06
1.81%
52-week high NAV
$682.12
52-week low NAV
$540.08
52-week difference
$74.08
13.49%
Historical returns
NAV change:
$148.28
31.22%
Portfolio
Hedonova's globally diversified portfolio is expertly crafted to offer exposure to alternative assets known for their attractive risk-adjusted returns. Our investment strategy is focused on identifying opportunities across various industries, geographies, and investment themes to generate long-term value for our investors.
Enterprise size distribution
As of 20/11/2024
Enterprise size
Hedonova
Large
12%
Medium/ Large
18%
Medium
34%
Medium/ Small
19%
Small
17%
Style box
Equity
Our equity strategy employs a hybrid growth and risk-focused approach, with investments in small, medium, and large companies to diversify risk. We identify attractive opportunities across various industries and geographies, delivering strong risk-adjusted returns. Our style diversification is regularly monitored for optimal risk-adjusted returns.
Geographical distribution
As of 20/11/2024
Our fund invests in alternative assets across various geographic regions. The heat map below provides an overview of our current geographical exposure. We carefully monitor geopolitical situations and adjust our investment strategy to maintain a balanced portfolio.
0%
10%
20%
30%
40%
50%
Holding details
As of 20/11/2024
Portfolio overview
Our fund's diversified portfolio of alternative assets provides exposure to various industries and investment themes. It is designed to generate attractive risk-adjusted returns for our investors.
Explore complete portfolio
Weighted exposure
As of 20/11/2024
- 20%Equipment Finance
- 19%Litigation Finance
- 15%Carbon Credit
- 14%Real Estate
- 11%Startups
- 9%Cash
- 5%Agronomy
- 4%Music Royalty
- 3%Art
Risk management
Our highly trained team carefully evaluates each investment to minimize risks and protect our clients' assets. We also manage tax, liquidity, and currency fluctuation risks and diversify our funds across multiple countries to mitigate any potential losses. Moreover, we prioritize cybersecurity and enforce robust measures to protect our clients' assets and confidential information.
Risk & volatility
As of 20/11/2024
Alpha over S&P 500
Alpha over the S&P 500 for Hedonova represents the fund's ability to outperform or underperform the S&P 500 index after accounting for the inherent risk associated with its investments. It has been calculated every month here.
Beta relative to S&P 500
Beta measures the extent to which the Hedonova fund's returns fluctuate in response to changes in the S&P 500 index. It is calculated as the covariance of the fund's returns with those of the market divided by the variance of the market's returns, reflecting the fund's volatility relative to the market.
Rolling 90-day standard deviation
The 90-day rolling standard deviation measures the Hedonova fund's return variability over consecutive 90-day periods. It calculates the deviation of returns from their mean within each 90-day window, offering a dynamic view of volatility over time.
Sharpe ratio
The Sharpe ratio measures the risk-adjusted return of an investment by subtracting the risk-free rate from the portfolio's return and dividing by its standard deviation. A higher ratio indicates better risk-adjusted performance. Ratios below 1 are considered suboptimal. 1-2 is good, and above 2 is excellent. Ratios below 0 suggest the risk-free asset outperforms the investment. It helps investors understand if the returns justify the risks taken. Here, it has been computed monthly.
Riskometer
Our clients can use a riskometer to evaluate investment risks and determine if they align with their long-term investment strategy. Our risk level is typically medium to moderately high. Our objective is to give our clients a mix of investments that matches their investment goals.
Documents
You can download essential fund-related documents for your reference. These materials offer comprehensive insights into the fund's investment strategy, performance, fees, risks, and other critical details.
