Fact sheet: Danske Nordic

Fund information
Fund name
Danske Nordic A
Fund manager company
Danske Invest LUX
Fund type
No data available.
Fund managers
  • Seppo Kurki-Suoniosince 01/11/2013
Fund objective
The objective of this fund is to generate a return at least equal to the return on the Nordic equity markets. The fund is accumulating.
Benchmark
  • VINX Benchmark Cap
Investment style
None
Investment method
Shares
Quick stats
1 Year return
-6.3%
1 Year rank in sector
54/91
Sector
FO Equity - Europe Single Country
Yield
-
Fund size
£25m (£25m 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.
111
Top in this sector
Fund name1 Year
Pictet Russian Equities68.4%
HSBC GIF Russia Equity53.8%
Baring Russia52.4%
Pictet Russia Index48.5%
East Capital Russia30.2%
...more in FO Equity - Europe Single Country

Performance snapshot

Holdings snapshot

  • No data available.
  • Industrials34.3%
    Consumer Discretionary19.1%
    Financials16.1%
    Health Care13%
    Energy5.2%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.2%-3.1%-3.5%-6.3%25.3%65.6%
Sector-1%-0.4%2.5%-0.4%14.6%56.8%
Rank within sector48 / 9367 / 9369 / 9354 / 9128 / 8238 / 77
Quartile3rd3rd3rd3rd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund-3%17.4%9.1%11.3%18.4%
Sector3.6%9.2%1.7%17.5%18.4%
Rank within sector54 / 9326 / 8935 / 8260 / 7940 / 77
Quartile3rd2nd2nd4th3rd
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.
2.84
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.
0.96
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.
0.34
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%.
12.77
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.
6.4
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.
0.38
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.
0.75
Price movement
52 week high79.83
52 week low65.31
Current bid price-
Current offer price-
Current mid price74.51
Region
No data available.
Industry sector
1Industrials34.3%
2Consumer Discretionary19.1%
3Financials16.1%
4Health Care13%
5Energy5.2%
6Materials5.1%
7Information Technology4.1%
8Consumer Staples2%
9Telecommunications Utilities1.1%
Asset type
No data available.
Individual holdings
1NOVO-NORDISK AS7.3%
2VESTAS WIND SYSTEMS5.3%
3DANSKE BANK A/S4.7%
4NORDEA BANK AB4%
5ATLAS COPCO AB3.8%
6VOLVO(AB)3.6%
7DSV3.5%
8HUHTAMAKI OYJ3.5%
9STATOIL ASA3.5%
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 Nordic equity markets. The fund is accumulating.
Benchmark
  • VINX Benchmark Cap
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Seppo Kurki-Suonio01/11/2013
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 Nordic A
Initial charge3%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.85%
Bid price-
Offer price-
Mid price74.506
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDN74
Data provided by

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