BMS AIF

Brummer Multi-Strategy's objective is to consistently deliver absolute returns irrespective of the market environment. This is done by allocating risk to uncorrelated investment strategies. BMS AIF (alternative investment fund) is the lower-risk fund and has since 2002 been a liquid investment option to diversify portfolios, to limit draw-downs and to add consistent, absolute returns with low correlation to traditional asset classes like equities and bonds.

Estimated return 15/04/2026

Month to date

+1.8 %

Year to date

+3.8 %

NAV per share

307.9 EUR

27/02/2026
Date
NAV per share
Fund assets
Programme assets

27/02/2026
306.27 EUR
831 MEUR
33,155 MSEK
Programme assets

33,155 MSEK

Performance*

BMS C EUR

27/02/2026

BMS C EUR

BMS C EUR

Last month

+1.28 %

Year to date

+3.25 %

Last 12 months

+9.19 %

Sharpe ratio

1.01

Standard deviation

+4.57 %

Past performance is not a guarantee of future returns. The value of the capital invested in a fund may increase or decrease and there no guarantee that all of your invested capital can be redeemed.

27/02/2026

Historical return*

Period
BMS C EUR
MSCI World NDTR Index (local currency)

Last month
+1.28 %
+0.96 %
Year to date
+3.25 %
+2.68 %
Last 12 months
+9.19 %
+18.68 %
Since inception
+271.84 %
+539.42 %
Annualised return since inception
+5.64 %
+8.07 %
Last month

BMS C EUR
+1.28 %
MSCI World NDTR Index (local currency)
+0.96 %
Year to date

BMS C EUR
+3.25 %
MSCI World NDTR Index (local currency)
+2.68 %
Last 12 months

BMS C EUR
+9.19 %
MSCI World NDTR Index (local currency)
+18.68 %
Since inception

BMS C EUR
+271.84 %
MSCI World NDTR Index (local currency)
+539.42 %
Annualised return since inception

BMS C EUR
+5.64 %
MSCI World NDTR Index (local currency)
+8.07 %

27/02/2026

Risk measures and key values*

Key values
BMS C EUR
MSCI World NDTR Index (local currency)

Standard deviation
+4.57 %
+13.98 %
Max drawdown
-6.05 %
-50.77 %
Sharpe ratio
1.01
0.50
Standard deviation

BMS C EUR
+4.57 %
MSCI World NDTR Index (local currency)
+13.98 %
Max drawdown

BMS C EUR
-6.05 %
MSCI World NDTR Index (local currency)
-50.77 %
Sharpe ratio

BMS C EUR
1.01
MSCI World NDTR Index (local currency)
0.50

27/02/2026

Correlation with benchmark*

Benchmark
Value

MSCI World NDTR Index (local currency)
0.11
German 3-month T-Bill (EUR)
0.12
Benchmark
Value

MSCI World NDTR Index (local currency)
0.11
German 3-month T-Bill (EUR)
0.12

 

Important dates

Earlier
Future

October


Subscription cut-off
20/10/2022
Settlement
21/10/2022
Redemption cut-off
20/10/2022

November


Subscription cut-off
21/11/2022
Settlement
22/11/2022
Redemption cut-off
21/11/2022

December


Subscription cut-off
20/12/2022
Settlement
21/12/2022
Redemption cut-off
20/12/2022

January


Subscription cut-off
20/01/2023
Settlement
23/01/2023
Redemption cut-off
20/01/2023

February


Subscription cut-off
17/02/2023
Settlement
20/02/2023
Redemption cut-off
17/02/2023

March


Subscription cut-off
22/03/2023
Settlement
23/03/2023
Redemption cut-off
22/03/2023

April


Subscription cut-off
19/04/2023
Settlement
20/04/2023
Redemption cut-off
19/04/2023

May


Subscription cut-off
22/05/2023
Settlement
23/05/2023
Redemption cut-off
22/05/2023

June


Subscription cut-off
20/06/2023
Settlement
21/06/2023
Redemption cut-off
20/06/2023

July


Subscription cut-off
20/07/2023
Settlement
21/07/2023
Redemption cut-off
20/07/2023

August


Subscription cut-off
22/08/2023
Settlement
23/08/2023
Redemption cut-off
22/08/2023

September


Subscription cut-off
20/09/2023
Settlement
21/09/2023
Redemption cut-off
20/09/2023

October


Subscription cut-off
20/10/2023
Settlement
23/10/2023
Redemption cut-off
20/10/2023

November


Subscription cut-off
21/11/2023
Settlement
22/11/2023
Redemption cut-off
21/11/2023

December


Subscription cut-off
18/12/2023
Settlement
19/12/2023
Redemption cut-off
18/12/2023

January


Subscription cut-off
22/01/2024
Settlement
23/01/2024
Redemption cut-off
22/01/2024

February


Subscription cut-off
20/02/2024
Settlement
21/02/2024
Redemption cut-off
20/02/2024

March


Subscription cut-off
19/03/2024
Settlement
20/03/2024
Redemption cut-off
19/03/2024

April


Subscription cut-off
19/04/2024
Settlement
22/04/2024
Redemption cut-off
19/04/2024

May


Subscription cut-off
22/05/2024
Settlement
23/05/2024
Redemption cut-off
22/05/2024

June


Subscription cut-off
18/06/2024
Settlement
19/06/2024
Redemption cut-off
18/06/2024

July


Subscription cut-off
22/07/2024
Settlement
23/07/2024
Redemption cut-off
22/07/2024

August


Subscription cut-off
21/08/2024
Settlement
22/08/2024
Redemption cut-off
21/08/2024

September


Subscription cut-off
19/09/2024
Settlement
20/09/2024
Redemption cut-off
19/09/2024

October


Subscription cut-off
22/10/2024
Settlement
23/10/2024
Redemption cut-off
22/10/2024

November


Subscription cut-off
20/11/2024
Settlement
21/11/2024
Redemption cut-off
20/11/2024

December


Subscription cut-off
16/12/2024
Settlement
17/12/2024
Redemption cut-off
16/12/2024

January


Subscription cut-off
22/01/2025
Settlement
23/01/2025
Redemption cut-off
22/01/2025

February


Subscription cut-off
19/02/2025
Settlement
20/02/2025
Redemption cut-off
19/02/2025

March


Subscription cut-off
20/03/2025
Settlement
21/03/2025
Redemption cut-off
20/03/2025

April


Subscription cut-off
17/04/2025
Settlement
22/04/2025
Redemption cut-off
17/04/2025

May


Subscription cut-off
20/05/2025
Settlement
21/05/2025
Redemption cut-off
20/05/2025

June


Subscription cut-off
18/06/2025
Settlement
19/06/2025
Redemption cut-off
18/06/2025

July


Subscription cut-off
22/07/2025
Settlement
23/07/2025
Redemption cut-off
22/07/2025

August


Subscription cut-off
20/08/2025
Settlement
21/08/2025
Redemption cut-off
20/08/2025

September


Subscription cut-off
19/09/2025
Settlement
22/09/2025
Redemption cut-off
19/09/2025

October


Subscription cut-off
22/10/2025
Settlement
23/10/2025
Redemption cut-off
22/10/2025

November


Subscription cut-off
19/11/2025
Settlement
20/11/2025
Redemption cut-off
19/11/2025

December


Subscription cut-off
16/12/2025
Settlement
17/12/2025
Redemption cut-off
16/12/2025

January


Subscription cut-off
21/01/2026
Settlement
22/01/2026
Redemption cut-off
21/01/2026

February


Subscription cut-off
18/02/2026
Settlement
19/02/2026
Redemption cut-off
18/02/2026

March


Subscription cut-off
20/03/2026
Settlement
23/03/2026
Redemption cut-off
20/03/2026

April


Subscription cut-off
21/04/2026
Settlement
22/04/2026
Redemption cut-off
21/04/2026

May


Subscription cut-off
20/05/2026
Settlement
21/05/2026
Redemption cut-off
20/05/2026

June


Subscription cut-off
18/06/2026
Settlement
22/06/2026
Redemption cut-off
18/06/2026

July


Subscription cut-off
22/07/2026
Settlement
23/07/2026
Redemption cut-off
22/07/2026

August


Subscription cut-off
20/08/2026
Settlement
21/08/2026
Redemption cut-off
20/08/2026

September


Subscription cut-off
21/09/2026
Settlement
22/09/2026
Redemption cut-off
21/09/2026

October


Subscription cut-off
21/10/2026
Settlement
22/10/2026
Redemption cut-off
21/10/2026

November


Subscription cut-off
19/11/2026
Settlement
20/11/2026
Redemption cut-off
19/11/2026

December


Subscription cut-off
17/12/2026
Settlement
18/12/2026
Redemption cut-off
17/12/2026

Please be aware that various funds may adhere to distinct cut-off dates. When conducting trades, kindly turn to your trading platform for the cut-off date information. Please note that the cut-off dates for trading may be subject to modification in response to alterations in fund regulations in the future.

* The reported return and key ratios include pro forma figures, based on historical monthly returns for the Brummer Multi-Strategy fund during the period 1 April, 2002 to 1 October, 2002, as well as estimated impact from currency hedging. Returns are not adjusted to inflation.

Note that the indexes referred to do not constitute a reference to how the management of each fund is structured. For information on the investment strategy and asset management objectives of each fund, please refer to the current information memorandum with related fund rules and the key investor information.  

Fees

The Investment Manager does not collect management or performance fees. Brummer Multi-Strategy Master however pays management and performance fees on its investee funds. The fees are normally a fixed management fee of 1 per cent per annum fee and a performance fee of 20 per cent of the total return in excess of the hurdle.

For more information about fees, see the fund's Information Memorandum.

ISIN: SE0026140923
Bloomberg: BRUMHEE SS

Documents

According to Swedish law, each fund must have an up-to-date information memorandum and a simplified prospectus containing information about the fund and its activities.

December 3, 2025 – Fund merger finalised

To streamline management and strengthen our long-term strategy, the funds Brummer Multi-Strategy Euro, Brummer Multi-Strategy NOK and Brummer Multi-Strategy Utdelande were merged with the fund Brummer Multi-Strategy with merger date November 1, 2025. The merger has been completed in accordance with applicable regulations and was based on exchange ratios as of October 31, 2025. More information about the merger is available here.

1996

Founded in 1996, we’ve nurtured a partnership model which has proven to attract talented investment teams with a long-term approach that thrive in a collaborative culture.

17 bn USD
firm assets
4500
active postions
500
markets
300
employees
Brummer Multi-Strategy

Risk management

To ensure a differentiating source of alpha, we apply multi-dimensional portfolio analysis. This involves real-time monitoring of risks, exposures, and performance, combined with a comprehensive analysis of the overall market environment. Our disciplined approach to risk also includes frequent and constructive dialogue with the investment teams regarding research, investment and risk management processes, and ESG integration to assess risk/reward opportunities.

Read more

On this fund fact page we have used MSCI, www.msci.com ©2026 MSCI INC, and/or SIX, www.six-group.com ©2026 SIX Group Ltd. All rights reserved.

Neither MSCI, SIX nor any other party involved in or related to compiling, computing or creating the data makes any express or implied warranties or representations with respect to the data (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability or fitness for a particular purpose with respect to any of such data. MSCI and SIX includes dividends.

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