Performance

Norbury Fund – Table & ChartSummary
      
        Fund202420252026Since inception (August 2024)

        Norbury Capital5.3%30.0%1.7%+39.2%
MSCI Europe Small Cap ETF-4.3%17.1%5.9%+18.7%

Monthly Performance
      
        2026

            JanFebMarAprMay
            JunJulAugSepOctNovDecFull year
          
Norbury Capital1.6%0.1%1.7%
MSCI Europe Small Cap ETF3.6%2.2%5.9%
2025

            JanFebMarAprMay
            JunJulAugSepOctNovDecFull year
          
Norbury Capital4.8%1.0%-3.9%1.4%5.3%1.5%5.7%3.2%3.5%4.0%0.6%-0.2%30.0%
MSCI Europe Small Cap ETF4.0%0.8%-3.4%1.9%7.7%0.9%1.4%-0.8%0.0%1.3%-0.3%2.7%17.1%
2024

            JanFebMarAprMay
            JunJulAugSepOctNovDecFull year
          
Norbury Capital4.7%-1.0%-6.2%7.1%1.1%5.3%
MSCI Europe Small Cap ETF-0.7%0.4%-4.7%1.0%-0.3%-4.3%

Indicative Terms

Fund Structure

AIFMD-light under supervision of Dutch financial authority

Liquidity

Monthly, no lock-up

Entry or exit Fees

No entry or exit fees

Minimum investment

EUR250k

Management fee

1.25%

Performance fee

10% over 7% hurdle

Currency

Euro

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Full year
2026
Norbury Capital	1.6%	0.1%											1.7%
MSCI Europe Small Cap ETF	3.6%	2.2%											5.9%
2025
	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Full year
Norbury Capital	4.8%	1.0%	-3.9%	1.4%	5.3%	1.5%	5.7%	3.2%	3.5%	4.0%	0.6%	-0.2%	30.0%
MSCI Europe Small Cap ETF	4.0%	0.8%	-3.4%	1.9%	7.7%	0.9%	1.4%	-0.8%	0.0%	1.3%	-0.3%	2.7%	17.1%
2024
	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Full year
Norbury Capital								4.7%	-1.0%	-6.2%	7.1%	1.1%	5.3%
MSCI Europe Small Cap ETF								-0.7%	0.4%	-4.7%	1.0%	-0.3%	-4.3%