Fact sheet: Danske East Eurp ex Russia

Fund information
Fund name
Danske Eastern Europe ex Russia A
Fund manager company
Danske Invest LUX
Fund type
No data available.
Fund manager
  • Morten Lund Ligaardsince 16/12/2002
Fund objective
The objective of this fund is to generate a return at least equal to the return on the Eastern European stock market excluding Russia. The fund is accumulating.
Benchmark
No data available.
Investment style
None
Investment method
Shares
Quick stats
1 Year return
20%
1 Year rank in sector
27/30
Sector
FO Equity - Emerging Europe
Yield
-
Fund size
£20m (£21m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
123
Top in this sector
Fund name1 Year
Pictet Emerging Europe69.5%
Parvest Eq Russia68.8%
Baring Eastern Eur68.7%
JGF-Jupiter New Europe66.1%
Renasset Eastern European57.6%
...more in FO Equity - Emerging Europe

Performance snapshot

Holdings snapshot

  • No data available.
  • Financials41.4%
    Consumer Discretionary11.8%
    Energy11.5%
    Materials8.5%
    Industrials8.2%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.6%2.8%10.6%20%13.6%34.9%
Sector1%6.7%14.5%37.9%-4.4%-0%
Rank within sector6 / 3027 / 3025 / 3027 / 303 / 292 / 27
Quartile1st4th4th4th1st1st
Calendar performance
 YTD - 20172016201520142013
Fund2.4%5.9%1.2%4.3%-1.3%
Sector-0.1%22.7%-3.1%-22%-2.2%
Rank within sector3 / 3029 / 308 / 291 / 2911 / 28
Quartile1st4th2nd1st2nd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
5.28
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.58
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.02
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
13.19
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
11.17
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.58
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.6
Price movement
52 week high54.23
52 week low44.4
Current bid price-
Current offer price-
Current mid price54.11
Region
No data available.
Industry sector
1Financials41.4%
2Consumer Discretionary11.8%
3Energy11.5%
4Materials8.5%
5Industrials8.2%
6Health Care5.7%
7Utilities4.5%
8Information Technology3.9%
9Others2.4%
Asset type
No data available.
Individual holdings
1OTP BANK5.7%
2POLSKI KONCERN NAFTOWY ORLEN SA4.6%
3POWSZECHNA KASA OSZCZED BK POLSKI4.3%
4CHEMICAL WORKS OF GEDEON RICHTER4.1%
5POWSZECHNY ZAKLAD UBEZPIECZEN SA3.7%
6MAGYAR OLAJ-ES GAZIPARE RESZVENYTAR3.5%
7BANK PEKAO SA3.4%
8GRUPA KETY SA3%
9HACI OMER SABANCI HLDGS A.S.2.7%
Management
Fund manager group
Danske Invest LUX
Fund manager company
Danske Invest LUX
Fund type
No data available.
Fund objective
The objective of this fund is to generate a return at least equal to the return on the Eastern European stock market excluding Russia. The fund is accumulating.
Benchmark
No data available.
Investment style
None
Investment method
Shares
Fund manager
NameSinceBiography
Morten Lund Ligaard16/12/2002Morten Lund Ligaard has a MSc (Business Administration and Management Science) and is a Chartered Financial Analyst.
Compliance
Transparent for Swiss Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Switzerland, Germany, United Kingdom, Ireland, Luxembourg, Norway, Offshore, Sweden
Danske Eastern Europe ex Russia A
Initial charge3%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.76%
Bid price-
Offer price-
Mid price54.111
CurrencyEUR
Price updated23/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFP85
Danske Eastern Europe ex Russia A NOK
Initial charge3%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.76%
Bid price-
Offer price-
Mid price469.657
CurrencyNOK
Price updated17/06/2015
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFDHN
Danske Eastern Europe ex Russia I
Initial charge3%
Annual charge0.9%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price13.993
CurrencyEUR
Price updated23/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJ4F6
Data provided by

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