Fact sheet: Nordea 1 £ DvrsfRtrn

Fund information
Fund name
Nordea 1 GBP Diversified Return BI
Fund manager company
Nordea
Fund type
Offshore Fund
Fund managers
  • Asbjorn Trolle Hansensince 12/10/2015
  • Kurt Kongstedsince 12/10/2015
  • Claus Vormsince 12/10/2015
Fund objective
The fund aims to preserve shareholders' capital (over a three year investment horizon) and provide a stable, positive rate of return on investment. Investments are made globally in equities, bonds (including bonds convertible in equity shares) and money market instruments denominated in various currencies. This sub-fund may also invest in financial derivative instruments - like equity and fixed income futures - to adjust the portfolio's beta and duration.
Benchmark
  • No Specified Index
Investment style
Balanced
Investment method
None
Quick stats
1 Year return
6.1%
1 Year rank in sector
-
Sector
FO Mixed Asset - Balanced
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.88%
Fund size
£764m (£319m last year)
Top in this sector
Fund name1 Year
Templeton Emg Mkts Bal30.3%
Orbis SICAV Global Balanced29.4%
HSBC GIF MS Asia Focsd Gth27.6%
SEI Balanced27%
Dimensional Wrld Alloc 60/4026.3%
...more in FO Mixed Asset - Balanced

Performance snapshot

Holdings snapshot

  • USA38.2%
    Denmark14.1%
    Money Market6.1%
    France5.6%
    UK4.8%
  • Financials33.5%
    Health Care13.4%
    Information Technology10.5%
    Government Bonds9.4%
    Telecommunications Utilities6.1%
  • International Equities57.3%
    Global Fixed Interest36.6%
    Money Market6.1%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.5%2.9%-0.8%6.1%--
Sector1.2%4.2%2.9%12.8%12.4%23.9%
Rank within sector------
Quartile
Calendar performance
 YTD - 20172016201520142013
Fund2.2%5.4%---
Sector2.3%5.2%-0.3%4.7%7.5%
Rank within sector-----
Quartile
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high110.2
52 week low103.11
Current bid price-
Current offer price-
Current mid price108.79
Region
1USA38.16%
2Denmark14.09%
3Money Market6.05%
4France5.64%
5UK4.81%
6Canada3.76%
7Japan3.47%
8India2.78%
9China2.43%
Industry sector
1Financials33.53%
2Health Care13.36%
3Information Technology10.48%
4Government Bonds9.35%
5Telecommunications Utilities6.09%
6Money Market6.05%
7Consumer Staples6.03%
8Consumer Discretionary5.5%
9Utilities3.63%
Asset type
1International Equities57.32%
2Global Fixed Interest36.63%
3Money Market6.05%
Individual holdings
1UNITED STATES TREASURY NOTE/ 2% 15-02-20252.81%
2UNITED STATES OF AMER TREAS NOTES 2.25% NTS 15/11/24 USD1002.69%
3REALKREDIT DANMARK 1% BDS 01/04/19 DKK0.012.68%
4UNITED STATES OF AMER TREAS NOTES 2% TB 15/11/21 USD10001.94%
5UNITED STATES OF AMER TREAS NOTES 2% NTS 15/02/23 USD1001.9%
6NORDEA KREDIT REALKREDITAKTIESELSKA 2% FIXED BDS 01/10/47 DKK0.011.64%
7VERIZON COMMUNICATIONS INC1.6%
8NYKREDIT REALKREDIT AS 2.5% BDS 01/10/47 DKK0.011.56%
9JOHNSON & JOHNSON1.5%
Management
Fund manager group
Nordea
Fund manager company
Nordea
Fund type
Offshore Fund
Fund objective
The fund aims to preserve shareholders' capital (over a three year investment horizon) and provide a stable, positive rate of return on investment. Investments are made globally in equities, bonds (including bonds convertible in equity shares) and money market instruments denominated in various currencies. This sub-fund may also invest in financial derivative instruments - like equity and fixed income futures - to adjust the portfolio's beta and duration.
Benchmark
  • No Specified Index
Investment style
Balanced
Investment method
None
Fund managers
NameSinceBiography
Asbjorn Trolle Hansen12/10/2015Asbjørn Trolle Hansen holds a Master Degree in Mathematics and Economics and a Ph.D. in Mathematical Finance. After attaining his Ph.D., he worked in London, first for NatWest as a Derivatives Analyst from 1998 to 2000, and then as a Quantitative Specialist responsible for structured investments with Dresdner Kleinwort Bensons Global Equities team. In 2000, he returned to Denmark as Head of Alfred Bergs Asset Allocation team. He joined Nordea Investment Management in 2004 as Head of Strategic Investments.
Kurt Kongsted12/10/2015
Claus Vorm12/10/2015Claus Vorm holds a Master's Degree in Mathematics and Economics and a PhD on the Interplay between Insurance and Finance. As part of his academic career, he worked as an Associate Professor at the Laboratory of Actuarial Mathematics in Copenhagen University from 2000 to 2001. He then joined McKinsey & Co. as part of their financial institution group until joining Nordea Investment Management in 2004 as Head of the AA/ALM Research team.
Compliance
Transparent for Swiss Tax, IA Recognised, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Luxembourg, Offshore
Nordea 1 GBP Diversified Return AC
Initial charge5%
Annual charge0.7%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.53%
Total expense ratio (TER)0.74%
Bid price-
Offer price-
Mid price108.56
CurrencyGBP
Price updated17/02/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE1ZA
Nordea 1 GBP Diversified Return AI
Initial charge5%
Annual charge0.7%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.84%
Total expense ratio (TER)0.73%
Bid price-
Offer price-
Mid price108.91
CurrencyGBP
Price updated17/02/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE1ZC
Nordea 1 GBP Diversified Return BC
Initial charge5%
Annual charge0.7%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.53%
Total expense ratio (TER)0.74%
Bid price-
Offer price-
Mid price108.67
CurrencyGBP
Price updated17/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE1ZB
Nordea 1 GBP Diversified Return BI
Initial charge5%
Annual charge0.7%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.88%
Total expense ratio (TER)0.9%
Bid price-
Offer price-
Mid price108.79
CurrencyGBP
Price updated17/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE1US
Nordea 1 GBP Diversified Return BP Acc GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.81%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price108.64
CurrencyGBP
Price updated17/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNR3L
Nordea 1 GBP Diversified Return Bd
Initial charge5%
Annual charge0.43%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.46%
Total expense ratio (TER)0.47%
Bid price-
Offer price-
Mid price108.91
CurrencyGBP
Price updated17/07/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE0VH
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.