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    <loc>https://www.elementamanagement.se/elementa-1</loc>
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    <lastmod>2019-11-20</lastmod>
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    <loc>https://www.elementamanagement.se/omoss</loc>
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    <lastmod>2025-12-04</lastmod>
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      <image:title>om oss</image:title>
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      <image:title>om oss</image:title>
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    <lastmod>2024-11-04</lastmod>
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      <image:title>kontakt</image:title>
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    <loc>https://www.elementamanagement.se/vardeutveckling</loc>
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    <lastmod>2026-04-01</lastmod>
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      <image:loc>https://images.squarespace-cdn.com/content/v1/5bc8850d8dfc8cb1cff4542e/1539868412392-7AHGG234ZBCEXLITR9BX/Elementa-HeaderPic-VarFond-1024x325.jpg</image:loc>
      <image:title>värdeutveckling</image:title>
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    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/5bc8850d8dfc8cb1cff4542e/63306d74-d4f6-400b-979e-4714abe373c2/vsindex+sve.png</image:loc>
      <image:title>värdeutveckling</image:title>
      <image:caption>SIX Return Index visar stockholmsbörsens utveckling, inklusive utdelningar. NHX Equities från HedgeNordic visar utvecklingen på hedgefonder med fokus på nordiska aktier.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/5bc8850d8dfc8cb1cff4542e/4ae72e11-75bd-4a30-9bdf-6ef49192dfc6/avkastningstabell+sve.png</image:loc>
      <image:title>värdeutveckling - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/5bc8850d8dfc8cb1cff4542e/ee74781c-23b3-4426-94ad-3ec8b5ccd77a/%C3%85rlig+sv.png</image:loc>
      <image:title>värdeutveckling - Make it stand out</image:title>
      <image:caption>* Avser 2015 03 05 - 2015 12 31</image:caption>
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    <image:image>
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      <image:title>värdeutveckling</image:title>
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    <image:image>
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      <image:title>värdeutveckling</image:title>
      <image:caption>Fondens brutto- och nettoexponering varierar mellan år, månader och till och med inom månader. Exponeringen i diagrammet ovan är bara en ögonblicksbild och beräknas vid ingången av varje månad. Det är inte att betrakta som en relevant indikator på vår allmänna marknadssyn. Dessutom kan fonden äga finansiella instrument såsom derivat där, i sådana fall, nettoexponeringen inte ger en rättvisande bild av den underliggande exponeringen. Vi agerar utifrån de möjligheter som uppstår på marknaden, vilket innebär att både brutto- och nettoexponering kommer att variera över tid. Således finns det inget huvudsakligt syfte att alltid sträva efter att vara helt marknadsneutral, utan exponeringen är istället ett resultat av den bedömda potentialen jämfört med risken i varje enskild investering.</image:caption>
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  <url>
    <loc>https://www.elementamanagement.se/fonden</loc>
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    <lastmod>2025-02-24</lastmod>
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      <image:title>fonden</image:title>
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    <loc>https://www.elementamanagement.se/investera</loc>
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    <lastmod>2026-04-01</lastmod>
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      <image:title>investera</image:title>
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    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/5bc8850d8dfc8cb1cff4542e/239e21be-0450-458b-af9c-354af980856a/Trading+Calendar+sv.png</image:loc>
      <image:title>investera - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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  <url>
    <loc>https://www.elementamanagement.se/dokument</loc>
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    <lastmod>2026-04-01</lastmod>
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      <image:title>Dokument</image:title>
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  <url>
    <loc>https://www.elementamanagement.se/integritetsskydd</loc>
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    <priority>0.75</priority>
    <lastmod>2023-10-19</lastmod>
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      <image:title>Integritetsskydd</image:title>
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      <image:loc>https://images.squarespace-cdn.com/content/v1/5bc8850d8dfc8cb1cff4542e/d7daa845-bfd6-446d-8633-b31f02f88203/Tabell.png</image:loc>
      <image:title>Integritetsskydd - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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  <url>
    <loc>https://www.elementamanagement.se/disclaimer</loc>
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    <lastmod>2019-03-05</lastmod>
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      <image:title>riskinformation</image:title>
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    <loc>https://www.elementamanagement.se/elementa</loc>
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    <priority>1.0</priority>
    <lastmod>2026-03-02</lastmod>
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      <image:title>elementa</image:title>
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      <image:title>elementa</image:title>
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    <image:image>
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      <image:title>elementa</image:title>
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    <image:image>
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      <image:title>elementa</image:title>
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    <image:image>
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      <image:title>elementa</image:title>
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  <url>
    <loc>https://www.elementamanagement.se/performance/en</loc>
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    <priority>0.75</priority>
    <lastmod>2026-04-01</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/5bc8850d8dfc8cb1cff4542e/1539868412392-7AHGG234ZBCEXLITR9BX/Elementa-HeaderPic-VarFond-1024x325.jpg</image:loc>
      <image:title>performance</image:title>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/5bc8850d8dfc8cb1cff4542e/2af1752f-4e79-4d71-9bc6-c52604846841/vsindex+eng.png</image:loc>
      <image:title>performance</image:title>
      <image:caption>SIX Return Index shows the Stockholm Stock Exchange performance, dividends included. NHX Equities from HedgeNordic shows the performance of hedge funds focusing on the Nordic market.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/5bc8850d8dfc8cb1cff4542e/f4d360c4-e302-4cec-8f98-e210d2d70cca/avkastningstabell+eng.png</image:loc>
      <image:title>performance</image:title>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/5bc8850d8dfc8cb1cff4542e/1a19865e-9a42-4235-99df-17bbf740371c/%C3%85rlig+eng.png</image:loc>
      <image:title>performance - Make it stand out</image:title>
      <image:caption>* Refers to 2015 03 05 - 2015 12 31</image:caption>
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    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/5bc8850d8dfc8cb1cff4542e/f3395fe1-86a9-4fb7-a9f1-dd75854581e6/%C3%B6versikt+eng.png</image:loc>
      <image:title>performance</image:title>
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    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/5bc8850d8dfc8cb1cff4542e/faca7ef2-5201-4880-accb-18c54ef05fe1/brutto_netto+eng.png</image:loc>
      <image:title>performance</image:title>
      <image:caption>The Fund's gross and net exposure varies between years, months and even within months. The exposure in the graph above is only a snapshot and is calculated at the beginning of each month. It is not to be regarded as a relevant indicator of our general market view. In addition, the Fund may own financial instruments such as derivatives where, in such a case, the net exposure does not give a true and fair view of the underlying exposure given certain outcomes. We act on the basis of the opportunities that arise in the market, which means that both gross and net exposure will vary over time. Thus, there is no main purpose in always striving to be completely market neutral, instead the exposure is a result of the assessed potential vs. the risk in each individual investment.</image:caption>
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    <lastmod>2026-04-01</lastmod>
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    <loc>https://www.elementamanagement.se/elementa/en</loc>
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    <lastmod>2025-07-02</lastmod>
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      <image:title>elementa</image:title>
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      <image:title>elementa</image:title>
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      <image:title>elementa</image:title>
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    <image:image>
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      <image:title>elementa</image:title>
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    <image:image>
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      <image:title>elementa</image:title>
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  <url>
    <loc>https://www.elementamanagement.se/the-fund/en</loc>
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    <lastmod>2025-02-24</lastmod>
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      <image:title>the fund</image:title>
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    <lastmod>2024-11-04</lastmod>
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    <lastmod>2025-03-17</lastmod>
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      <image:title>about us</image:title>
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      <image:title>about us</image:title>
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    <loc>https://www.elementamanagement.se/invest/en</loc>
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    <lastmod>2026-04-01</lastmod>
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      <image:title>invest</image:title>
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      <image:title>invest - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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