FAQ about

Polynom

Who is Polynom?

Polynom Investment is an investment company that invests in growth companies (known as scale-ups) with the aim of making savers wealthier and society better over a rolling investment horizon of 10 years, with a target return of 15% per year. We are also a community where shareholders can be active or passive.

What are Polynoms guiding principles?

We have four core values that serve as our guiding principles:

Profitability – Polynom actively seeks investments with attractive return potential in relation to risk.

Longevity – Polynom believes in the power of compound interest and aims to build an investment company with the ability to achieve attractive returns through long-term ownership.

Educational – Building knowledge for Polynom’s shareholders. This is done through educational newsletters, regular visits to the company’s portfolio holdings, and shareholder meetings.

Enjoyable – We believe it is entirely possible to run a serious business while also incorporating some social activities such as shareholder meetings, company visits, and inspirational trips. By building a dynamic investment company, we aim to achieve a long-term relationship and mutual loyalty with our shareholders.

What types of investments do you do?

We primarily invest in unlisted companies, preferably with a plan to go public in the near future, but it’s not a strict requirement.

Polynom’s investments can be broadly categorized into four groups:

1. Private Placement (= PP).
2. Pre-IPOs.
3. Subscribing for shares in IPOs.
4. Acquiring stakes in already listed companies.

Who makes the investments and what knowledge and experience do they have?

The investments are managed by Mats and Albin.

Mats has over 25 years of experience from both Wall Street in New York and The City in London, where he has worked with stocks and investments for large institutions.

Albin is our young talent with a solid university education in economics and finance from institutions such as Lund University.

Furthermore, Polynom has good connections among Sweden’s top professional investors. We regularly share tips about attractive investments, and it often happens that we, as professionals, invest together.

How do you manage risk?

Polynom typically mitigates risk by adjusting the size of our investments. In practice, this means that if we invest in a company with high risk and potential returns, the investment amount will be smaller. Conversely, we can invest significantly larger amounts in companies that we assess to be more secure.

We aim to achieve good risk diversification by allocating our capital to various types of companies and industries. The majority of our investments are made in unlisted companies, often with an investment horizon of 1-3 years.

Why should you invest?

Polynom aims to democratize access to good investments.

If you have a substantial amount of capital, extensive knowledge, and the right connections, you may gain access to a world of attractive special investments that the general public rarely hears about. These could include private placements, pre-IPOs, short-term bridge loans with 20% interest rates, or commitments to participate in initial public offerings. Such special investments typically have significantly higher average returns over time compared to what regular individuals can achieve through their traditional funds and listed stocks.

Currently, it is primarily already wealthy individuals who have the opportunity to participate in special investments. We have nothing against these individuals becoming even wealthier, but the practical societal benefit of helping someone double their wealth from one to two billion is quite limited. On the other hand, assisting 1000 ordinary Swedes in arranging their first million in working capital significantly impacts their lives, in relative terms.

Polynom’s ambition is to build a platform where we can hopefully help many ordinary Swedes become financially comfortable over the next 10-20 years.

You typically become financially comfortable when you have at least SEK 2 million in working capital. If you can achieve a 15% annual return on these funds, you can withdraw SEK 300,000 tax-free every year. For most people, this is enough to make a real difference in their lives.

An EU growth prospectus has been prepared in connection with the offer of B-shares in Polynom Investment AB (publ) (“the Company” or “Polynom Investment”) (“the Offering” or “the Issue”). The prospectus is available at www.polynominvest.se and has been approved by the Swedish Financial Supervisory Authority. This approval should not be considered as any form of endorsement of the issuer or the quality of the securities referred to in this prospectus. The prospectus has been prepared as an EU growth prospectus in accordance with Article 15 of Regulation (EU) 2017/1129. Investors should read the full prospectus and make their own assessment of whether it is appropriate to invest in the securities referred to in the prospectus. The board of directors of Polynom is responsible for the content. Investors considering investing in Polynom Investment are encouraged to read the full prospectus.

What is the membership fee?

There is no membership fee in that sense. The company is financed by its revenue, which comes from changes in the fair value of financial investments, realized gains, dividends, and other income. In cases where the business’s revenue does not exceed its expenses, such as in a more challenging investment climate, the company is financed either by selling assets or by contributions from the owners. Our goal is to continuously reduce administrative expenses as a percentage of managed capital.

How do I become a shareholder?

Under the “Invest” tab, you can fill out a form. Polynom regularly conducts issuances, and our goal is to carry out 2 per year. Are you interested in becoming a shareholder? Fill out the form, and we will send you information before the next opportunity. Once you have completed the form, we have all the information we need to contact you.

How much money do you need to invest?

We have a minimum requirement of approximately 30,000 SEK to become a new shareholder in Polynom (this amount may vary in the future). While this is still a significant amount for most people, investing in one of our holdings typically requires a minimum of 100,000 EUR (approximately 1 million SEK) just to be invited to participate. Polynom’s ambition is to build a platform where we hope to help many ordinary Swedes become financially prosperous over the next 10-20 years.

Is Polynom hiring?

Since we are a fast-growing company, we will need to hire as we continue to expand. However, at the moment, we are fully staffed. Currently, we have 5 full-time employees.

How can one track the results of your investments?

We publish quarterly reports which you can find HERE. There are very few asset managers in the world who have been able to consistently achieve returns above 20-30% per year over extended periods. Based on the historical performance of the type of investments we undertake, we have a realistic ambition to deliver an average annual return of 10-20% in the future, but there are no guarantees, and we are not immune to significant and sudden movements, which may result in negative returns in individual years. However, we expect positive development over the long term.

Will Polynom make an IPO?

There are no concrete plans for a listing at the moment. Eventually, there may be a listing, or something similar to what Spiltan does (trading once a week or perhaps once a month), but this would primarily be to create liquidity for our shareholders. We are exploring alternatives to create liquidity and aim to present this to the annual meeting.  

Can you sell shares?

Yes, just like on any market or trading platform, you need a seller and a buyer. Generally, it can be difficult to sell shares in unlisted companies. However, historically, it has been relatively easy in Polynom, but one should assume that it’s challenging in a bad market.

Starting from 2022, we have limited trading to the middle of each quarter. Shareholders then have the opportunity to sell their shares or buy more.

Brokerage fees apply to internal trading but not to issuances.

How and where do I store my shares in Polynom?

Polynom is a public but unlisted company. All shareholders store their shares with Strivo. Since ownership of unlisted shares differs from ownership of listed shares, and Polynom’s shareholder base is growing, Polynom has negotiated and developed a cost-effective solution with RiCap for the custody of holdings in Polynom. Please note that you need to use this solution to become and remain a shareholder in Polynom. As a new shareholder in Polynom, you book a digital meeting with a financial advisor at RiCap, and together you determine which solution is best for your investment. A capital gains taxed depot is free of charge.

Who is Strivo?

Strivo AB is a Swedish securities firm based in Gothenburg, supervised by the Swedish Financial Supervisory Authority (Finansinspektionen) and authorized to conduct activities under the Securities Market Act.

A securities depot can be likened to a regular bank account where, in addition to money, you can also store securities such as stocks and funds.

Anyone who owns shares in Polynom must have a depot with Strivo (a capital gains taxed depot is free for individuals and companies). Strivo is independent from Polynom.

Who is RICap?

RICap AB is owned and operated by Ricard Nylund, who is a financial advisor. For more information, you can visit https://ricap.se/.

Who is Idun?

Idun provides the insurance component when you choose to have your shares in a Capital Insurance (KF).

Or as Idun puts it: “Combine the flexibility of a securities account with the favorable tax rules of a capital insurance. With a Capital Insurance Account from Idun Liv, you can easily invest in funds, stocks, and structured investments – completely free from capital gains tax or declaration.”

What is KF?

KF stands for Kapital Försäkring, which translates to Capital Insurance. The advantage of a capital insurance is that you don’t pay any capital gains tax and you don’t need to declare your transactions. Instead, you pay a return tax at the end of each quarter (0.375% in 2022). In addition, you pay a fee to the insurance company (Idun) and the company that validates the valuation every quarter (Kaptena).

Ansvarsfraskrivelse
Al information, der leveres af Polynom AB/Monylop AB, gives udelukkende til informationsformål, til offentlig distribution, og må under ingen omstændigheder bruges eller betragtes som rådgivning, opfordring eller anbefaling til at købe eller sælge aktier eller andre finansielle instrumenter. For at undgå tvivl bemærkes, at Lov (2003:862) om finansiel rådgivning til forbrugere eller anden lignende lovgivning derfor ikke finder anvendelse på information fra Polynom AB/Monylop AB. Holdninger og analyser præsenteret af Polynom AB/Monylop AB skal ikke alene udgøre grundlag for investeringsbeslutninger. Du bør søge råd fra licenserede uafhængige rådgivere og basere dine investeringsbeslutninger på egen erfaring og situation. Polynom AB/Monylop AB minder om, at handel med værdipapirer er forbundet med risici. En investering kan for eksempel både stige og falde i værdi, og det er ikke sikkert, at du får hele den investerede kapital tilbage. Historisk afkast er heller ikke nogen garanti for fremtidigt afkast. Polynom AB/Monylop AB fraskriver sig dermed ansvar for eventuelt tab eller skade af enhver art, som skyldes brugen af analyser, dokumenter og anden information, der stammer fra Polynom AB/Monylop AB.

Polynom/Monylop AB kan aldrig garantere rigtigheden af oplysningerne, og informationen kan være ufuldstændig eller forkortet. Fremadskuende analyser mv. er baseret på subjektive vurderinger om fremtiden, som altid indeholder usikkerhed og bør bruges med forsigtighed.

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