The PriorNilsson Evolve Global fund rose 3.64 percent in May, outperforming its benchmark index which gained 3.45 percent. Since the turn of the year, the fund has returned 2.8 percent, trailing the index which has increased by 14.9 percent, according to the monthly report.

The largest positive contributions came from Inission, Karnell, OEM International, Kitron, and Beijer Alma.

The largest negative contributions came from Installed Building Products, APi Group, Donaldson, CSW Industrials, and Enity.

According to the manager, Inission, Karnell, Alzchem, and Kitron accounted for the largest percentage price gains during the month.

At month-end, the fund maintained high exposure to Swedish holdings Beijer Alma, Inission, OEM International, MedCap, and Karnell. Konecranes, Donaldson, Medpace, Cactus, and Blue Bird were also among the larger holdings.

During May, the fund reduced its holdings in Beijer Alma and OEM International. In other major holdings, the number of shares remained largely unchanged during the period.

The largest holdings in the fund's portfolio at the end of the month were Beijer Alma, Inission, and OEM International, with weightings of 7.2, 7.0, and 6.8 percent respectively.

PriorNilsson Evolve Global, %May, 2026
Fund MoM, change in percent3.64
Index MoM, change in percent3.45
Fund YTD, change in percent2.8
Index YTD, change in percent14.9