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
8.5%
1 Year rank in sector
45/91
Sector
FO Equity - Europe Single Country
Yield
-
Fund size
£26m (£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.
102
Top in this sector
Fund name1 Year
Pictet Russian Equities70.6%
Baring Russia61.1%
HSBC GIF Russia Equity54.2%
Pictet Russia Index46.7%
East Capital Lux Russian37.5%
...more in FO Equity - Europe Single Country

Performance snapshot

Holdings snapshot

  • No data available.
  • Industrials33.8%
    Consumer Discretionary20.9%
    Health Care15.8%
    Financials15%
    Materials5.1%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.7%4.3%4%8.5%28.5%93.6%
Sector1.2%6.8%7.8%11.1%20.5%75.3%
Rank within sector58 / 9378 / 9370 / 9345 / 9129 / 8331 / 77
Quartile3rd4th4th2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund-0.4%17.4%9.1%11.3%18.4%
Sector5.3%9.2%1.7%17.5%18.4%
Rank within sector59 / 9325 / 9035 / 8359 / 8040 / 77
Quartile3rd2nd2nd3rd3rd
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.
3
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.
0.92
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.
0.55
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%.
12.75
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.
6.53
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.
0.33
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.
0.74
Price movement
52 week high79.83
52 week low65.31
Current bid price-
Current offer price-
Current mid price76.49
Region
No data available.
Industry sector
1Industrials33.8%
2Consumer Discretionary20.9%
3Health Care15.8%
4Financials15%
5Materials5.1%
6Information Technology3.7%
7Energy3.5%
8Consumer Staples1.1%
9Telecommunications Utilities1.1%
Asset type
No data available.
Individual holdings
1NOVO-NORDISK AS9.6%
2VESTAS WIND SYSTEMS4.8%
3PANDORA AS4.6%
4DANSKE BANK A/S4.5%
5ATLAS COPCO AB3.7%
6NORDEA BANK AB3.7%
7KONE OYJ3.5%
8VOLVO(AB)3.5%
9HENNES & MAURITZ AB3.4%
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 price76.494
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDN74
Data provided by

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