Monthly update SCFI November 2024
Scandinavian Credit Fund I AB (publ) reports a NAV rate for November of 63.27, a decrease of -0.1 % since the previous month. The fund's managed capital amounts to SEK 1,708 million at the end of the month. No major value changes in the portfolio during the month, in other words. Happily, we have realized two transactions, which strengthened the cash register. Refund will […]
Monthly update SCFI December 2024
Scandinavian Credit Fund I AB (publ) reports a NAV price for December of 60.73. During December, 85 MSEK was repaid, corresponding to approximately 5% of the capital as communicated in November. In total, assets decreased by approximately -4.0% since the previous month. Adjusted for the payment, the return during the month amounted to +0.96%. The fund's managed capital amounts to at the end of the month […]
Monthly update SCFI October 2024
Scandinavian Credit Fund I AB (publ) reports a NAV rate for October of 63.33, an increase of 1.67% since the previous month. The fund's managed capital amounts to SEK 1,709.4 million at the end of the month. The change is partly affected by currency changes but also by an increase in value in one of the fund's listed assets. As mentioned in previous newsletters, [...]
Monthly update SCFI September 2024
Scandinavian Credit Fund I AB (publ) reports a NAV rate for September of 62.29, a decrease of -0.5587% since the previous month. The fund's managed capital amounts to SEK 1,681.4 million at the end of the month. As mentioned in previous monthly letters, the fund has stopped currency hedging the holdings as it was considered too expensive and that it also receives a [...]
Monthly update SCFI August 2024
Scandinavian Credit Fund I AB (publ) reports a NAV rate for August of 62.64, a decrease of -1.3854% since the previous month. The fund's managed capital amounts to SEK 1,690.8 million at the end of the month. As mentioned in previous monthly letters, the fund has stopped currency hedging the holdings as it was considered too expensive and that it also receives a [...]
Monthly update SCFI July 2024
Scandinavian Credit Fund I AB (publ) reports a NAV rate for July of NAV 63.52, a decrease of -1.96%. The NAV price represents a total change of -38.34% since closing, of which -10% of the total change is the fund's first repayment to unit owners. The result for 2023 was -17.55% and -13.82% YTD. The fund went out in July with [...]
Monthly update SCFI June 2024
Scandinavian Credit Fund I AB (publ) reports a NAV rate for June of NAV 64.79, a decrease of -0.09%. The NAV price means a total change of -36,38% since closing, of which -10% of the total change is the fund's first repayment to unit owners. The net change, regardless of the refund, thus adds up to -26.38% since closing. The month's NAV change is derived [...]
Monthly update SCFI May 2024
Scandinavian Credit Fund I AB (publ) reports a NAV rate for May of NAV 64.85, a decrease of 3.5%. The month's NAV change is derived in part from a strengthened Swedish krona where the USD loses approx. -4% (USD/SEK) and increased provisions in accordance with the IFRS9 model where a holding is moved from category 2 to category 3, which increased the provision by [...]
Monthly update SCFI April 2024
Scandinavian Credit Fund I AB (publ) reports a NAV rate for April of NAV 67.2. That's down by 2,07%. A new loan of 5 mDKK was disbursed to 14 04 2024 A/S (formerly b.energy) under a signed Letter of Intent dated 14 July 2023. During February, the fund closed the remaining currency hedges. This means that the fund lowers [...]
Monthly update SCFI March 2024
Scandinavian Credit Fund I AB (publ) reports a NAV rate for March of NAV 68.62. It is down by 5.63%. No new lending took place either to external borrowers or to the majority-owned companies during March. During February, the fund closed the remaining currency hedges. This means that the fund lowers the running costs. The volatility of the fund's NAV […]
