At the start of mars 2019 Carnegie Fonder launched a new fund of fund, Carnegie Multi, that invests in 40 percent equity funds, 30 percent fixed income funds and 30 percent alternative assets. Alternative assets implicate funds, including hedge funds, that directly or indirectly allow elements of commodities, real estate or exposures other than equities or fixed income that are permitted by an investment fund and that are intended to have diversifying properties for the fund. At least 90% of the fund’s assets will at all times be invested in other funds.
Carnegie Multi’s assets may be invested in the following asset classes: fund units (including exchange-traded funds, ETFs), transferable securities, money market instruments, derivatives and accounts with credit institutions. The fund may invest in OTC derivatives and may use currency derivatives to hedge its holdings in whole or in part. The fund may enter into securities loan agreements.