Despite a lot of market turmoil and disrupting events, the fund´s full-year return is + 13.5 %, net of fees (Class A). Over the year the fund grew by 27 % in Assets under Management reaching 26.5 MEUR by closing of 2016. A few of the main events over the year included a changed base currency from GBP to EUR and our expanded distribution to new markets like Japan and South America.