Nordic power funds see mostly positive returns in april
(Montel) Nordic power funds improved their performance in April, with four of five delivering positive returns, according to a Montel comparison.
Danish-based Nordic Power Trading ended up with the highest return of the month at 3.90%, increasing its year-to-date yield to 28.5%.
Only MK Capital Management posted a negative return last month, down 0.92%.
The number of funds included in the comparison has declined over the past few months, with Sweden’s Coeli and Norway’s Norwatt having closed down their funds in March and May respectively.