Fact sheet: Danske Global StockPicking

Fund information
Fund name
Danske Global StockPicking A
Fund manager company
Danske Invest LUX
Fund type
No data available.
Fund managers
  • Max Jul Pedersensince 01/01/2014
Fund objective
The objective of this fund is to generate a return which is higher than the return on the global stock market. The fund is accumulating.
Benchmark
  • MSCI World All Country Index
Investment style
None
Investment method
Shares
Quick stats
1 Year return
5.4%
1 Year rank in sector
239/474
Sector
FO Equity - International
Yield
-
Fund size
£223m (£223m 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.
100
Top in this sector
Fund name1 Year
Heptagon Kprnk GblAlCpEq50.5%
Schroder ISF Gbl Rec42.1%
Dodge & Cox Gbl Stk38.8%
SKAGEN Focus36.1%
Dimensional Gbl Small Cos35%
...more in FO Equity - International

Performance snapshot

Holdings snapshot

  • No data available.
  • Financials21.8%
    Health Care18.4%
    Consumer Discretionary16.1%
    Information Technology15.4%
    Consumer Staples12.6%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund7.3%5.5%9.4%5.4%38%75.9%
Sector2.9%0.7%5.1%6.1%16.8%56%
Rank within sector46 / 50081 / 497130 / 487239 / 47477 / 38490 / 287
Quartile1st1st2nd3rd1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund6%10.2%15.8%15.1%11.8%
Sector6.8%0.7%6%21.3%12.7%
Rank within sector232 / 47550 / 42761 / 387294 / 338198 / 289
Quartile2nd1st1st4th3rd
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.
5.01
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.
1.2
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.
0.5
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%.
13.61
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.
7.7
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.
0.72
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.
0.7
Price movement
52 week high21.3
52 week low16.97
Current bid price-
Current offer price-
Current mid price21.34
Region
No data available.
Industry sector
1Financials21.8%
2Health Care18.4%
3Consumer Discretionary16.1%
4Information Technology15.4%
5Consumer Staples12.6%
6Industrials7.7%
7Materials3.8%
8Energy2.7%
9Telecommunications Utilities1.5%
Asset type
No data available.
Individual holdings
1UNITEDHEALTH GROUP INC5.9%
2JPMORGAN CHASE & CO4.8%
3MICROSOFT CORP4.2%
4CISCO SYSTEMS INC4%
5NESTLE SA3.7%
6BECTON DICKINSON & CO3.3%
7RECKITT BENCKISER GROUP PLC3.2%
8TORONTO-DOMINION BANK3.1%
9PUBLICIS GROUPE SA3%
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 which is higher than the return on the global stock market. The fund is accumulating.
Benchmark
  • MSCI World All Country Index
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Max Jul Pedersen01/01/2014Manager Max Jul Pedersen holds a Graduate Diploma in Business Administration (Finance) and has been employed by Danske Capital since 2006.
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 Global StockPicking A
Initial charge3%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.84%
Bid price-
Offer price-
Mid price21.335
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFD43
Danske Global StockPicking 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%
Bid price-
Offer price-
Mid price16.767
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMLU8
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.