Together with the fund manager Peter Norhammar, Avanza is launching the fund Avanza Fastighet by Norhammar. An actively managed fund that invests in listed Nordic real estate companies, exclusively available to Avanza’s customers.
Avanza is launching a new fund focused on real estates – a sector that in terms of return has outperformed the Stockholm Stock Exchange historically*. The fund is managed by real estate expert Peter Norhammar, who successfully, for over 20 years, has managed real estate funds with a proven investment process.
“For over 20 years I have devoted a large part of my time to research and management of construction and real estate companies. Still, I learn something new every day and find it just as fun! The goal is of course to produce a solid return for those who entrust me to manage their money. The philosophy is to manage them as if they were my own,” says Peter Norhammar, fund manager.
Avanza Fastighet by Norhammar has an investment horizon of 2-3 years and consists of 20-30 companies, mainly in the Nordic real estate sector. Nordic cities are seeing significant population growth, a trend that is driving up property prices. Which companies the fund invests in are continuously adjusted based on current economic conditions and interest rates, as well as on thorough analysis and forecasts. Sustainability is also an important part of the fund management, since the construction and real estate industries face multiple challenges tied to sustainability.
“Real estate is among the assets with the highest returns over time and there are strong drivers for continued growth. I have closely followed Peter’s successful management and am very pleased to be able to offer our customers another attractive fund,” says Rikard Josefson, CEO of Avanza.
Avanza Fastighet by Norhammar is an exclusive collaboration between Avanza and Peter Norhammar, NRP Anaxo Management A/S. The fund is one of the cheapest actively managed real estate funds for individual investors on the market. The fund’s total fee is estimated at 1.10 per cent.
*In the last ten years, Carnegie’s real estate index has produced a return of just over a 620% return compared with the Stockholm Stock Exchange, which during the same period has generated a return of 257%. Peter Norhammar managed Länsförsäkringar’s real estate fund (2016-2020), which outperformed its benchmark index. For more information, a fact sheet, information brochure and a calculation of the real estate index’s historical performance, see avanza.se/avanzafastighet
Past performance is no guarantee of future results. Investments in securities may both increase and decrease in value and there is no guarantee that you will get back your original investment.
For further information please contact:
Rikard Josefson, CEO
+46 70-206 69 55
E-mail: rikard.josefson@avanza.se
Avanza is a digital platform for savings and investments, founded in 1999. The Parent Company, Avanza Bank Holding AB (publ), is listed on the Stockholm Stock Exchange. Avanza’s customer promise is a better return on your savings than with any other bank or pension provider in Sweden. Services include saving in shares, funds, savings accounts, mortgages and a strong pension offering. Avanza has more than 1.5 million customers with over SEK 700 billion in total savings capital. This is equivalent to 6.6 per cent of the Swedish savings market. Avanza is largest in terms of number of transactions among Swedish banks on the Stockholm Stock Exchange including First North. During the last twelve years Avanza has won SKI’s (Swedish Quality Index) award, “Year’s Most Satisfied Savings Customers”. For more information visit: investors.avanza.se
