Fact sheet: Nordea 1 Eur Sm&Md Cp Eq

Fund information
Fund name
Nordea 1 European Small and Mid Cap Equity BP EUR
Fund manager company
Nordea
Fund type
Offshore Fund
Fund managers
  • Jesper Gulstadsince 01/02/2012
Fund objective
The fund taps into a potential investment universe of small and mid-size companies having a stock-market value between two and ten billion Euros (as measured at the time of acquisition), which are domiciled or exercise the predominant part of their economic activity in Europe. Additionally, the fund focuses on researching structural growth industries in order to identify companies with long term earnings power. Portfolio managers invest in market leaders within an industry and pay only for companies which stand to deliver the best Growth at Reasonable Price (GARP).
Benchmark
  • Dow Jones STOXX Mid 200 Net Return Index
Investment style
None
Investment method
Shares
Quick stats
1 Year return
-1.5%
1 Year rank in sector
80/227
Sector
FO Equity - Europe inc UK
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.
1.69%
Fund size
£420m (£450m 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.
94
Top in this sector
Fund name1 Year
SPL Parallel Private Equity IC27%
IVI European26.6%
GS Eur CORE Eq Portfolio22.2%
JOHCM European Sel Val17.8%
EP Pan European Opportunities17.1%
...more in FO Equity - Europe inc UK

Performance snapshot

Holdings snapshot

  • UK21%
    France19.3%
    Switzerland17.3%
    Germany11%
    Italy9%
  • Industrials26.4%
    Consumer Discretionary10.1%
    Materials9.9%
    Financials9.6%
    Health Care9.1%
  • UK Equities21%
    French Equities19.3%
    Swiss Equities17.3%
    German Equities11%
    Italian Equities9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.6%-0.9%1.8%-1.5%31.9%91.3%
Sector3.3%-1.1%-0.6%-4.3%15.4%60.7%
Rank within sector105 / 233118 / 23485 / 23280 / 22715 / 20023 / 175
Quartile2nd3rd2nd2nd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund-2.9%22.2%6.5%18.1%25%
Sector-3.7%11.1%4.2%21.1%17.6%
Rank within sector101 / 22821 / 21382 / 200144 / 18818 / 177
Quartile2nd1st2nd4th1st
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.
5.09
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.
0.39
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%.
12.81
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.
5.08
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.
0.95
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.
0.84
Price movement
52 week high576.45
52 week low478.08
Current bid price-
Current offer price-
Current mid price559.08
Region
1UK21.03%
2France19.29%
3Switzerland17.26%
4Germany10.98%
5Italy9.04%
6Netherlands6.9%
7Spain4.34%
8Norway3.72%
9Sweden2.24%
Industry sector
1Industrials26.41%
2Consumer Discretionary10.14%
3Materials9.94%
4Financials9.57%
5Health Care9.14%
6Information Technology7.81%
7Others7.63%
8Consumer Staples5.4%
9Real Estate3.97%
Asset type
1UK Equities21.03%
2French Equities19.29%
3Swiss Equities17.26%
4German Equities10.98%
5Italian Equities9.04%
6Dutch Equities6.9%
7Spanish Equities4.34%
8Norwegian Equities3.72%
9Swedish Equities2.24%
Individual holdings
1RPC GROUP3.98%
2TELEPERFORMANCE3.44%
3ALTRAN TECHNOLOGIES3.29%
4BLACKROCK ASSET MNGT DEUTSCHELAND3.25%
5RUBIS3.07%
6TEMENOS GROUP AG3.07%
7ORPEA2.9%
8TKH GROUP2.86%
9SUNRISE COMMUNICATIONS GROUP LTD2.78%
Management
Fund manager group
Nordea
Fund manager company
Nordea
Fund type
Offshore Fund
Fund objective
The fund taps into a potential investment universe of small and mid-size companies having a stock-market value between two and ten billion Euros (as measured at the time of acquisition), which are domiciled or exercise the predominant part of their economic activity in Europe. Additionally, the fund focuses on researching structural growth industries in order to identify companies with long term earnings power. Portfolio managers invest in market leaders within an industry and pay only for companies which stand to deliver the best Growth at Reasonable Price (GARP).
Benchmark
  • Dow Jones STOXX Mid 200 Net Return Index
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Jesper Gulstad01/02/2012Mr. Gulstad has been a member of our organization since 1987. In 1988, he became an Analyst covering Danish equities, and continued in this role until 1990 when he was promoted to Portfolio Manager, responsible for Danish equity products. He then joined the European regional team in 2005, and today is one of the members responsible for covering the European small and mid cap universe. Mr. Gulstad holds a Master of Science in Economics & Business Administration from Copenhagen Business School, Denmark.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Chile, Germany, Spain, Estonia, Finland, France, United Kingdom, Italy, Lithuania, Luxembourg, Latvia, Netherlands, Norway, Offshore, Poland, Portugal, Singapore, Sweden
Nordea 1 European Small and Mid Cap Equity AP EUR
Initial charge5%
Annual charge1.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.69%
Total expense ratio (TER)1.68%
Bid price-
Offer price-
Mid price522.48
CurrencyEUR
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeEWG7
Nordea 1 European Small and Mid Cap Equity BI EUR
Initial charge5%
Annual charge0.85%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.14%
Total expense ratio (TER)1.13%
Bid price-
Offer price-
Mid price585.55
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEWH0
Nordea 1 European Small and Mid Cap Equity BI NOK
Initial charge5%
Annual charge0.85%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.14%
Total expense ratio (TER)1.13%
Bid price-
Offer price-
Mid price5273.58
CurrencyNOK
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF7SL
Nordea 1 European Small and Mid Cap Equity BP EUR
Initial charge5%
Annual charge1.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.69%
Total expense ratio (TER)1.68%
Bid price-
Offer price-
Mid price559.08
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEWH1
Nordea 1 European Small and Mid Cap Equity BP NOK
Initial charge5%
Annual charge1.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.69%
Total expense ratio (TER)1.68%
Bid price-
Offer price-
Mid price5035.19
CurrencyNOK
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEWH2
Nordea 1 European Small and Mid Cap Equity BP SEK
Initial charge5%
Annual charge1.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.69%
Total expense ratio (TER)1.68%
Bid price-
Offer price-
Mid price5424.11
CurrencySEK
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeR793
Nordea 1 European Small and Mid Cap Equity E EUR
Initial charge5%
Annual charge1.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.45%
Total expense ratio (TER)2.43%
Bid price-
Offer price-
Mid price527.68
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEWH3
Nordea 1 European Small and Mid Cap Equity E PLN
Initial charge5%
Annual charge1.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.45%
Total expense ratio (TER)2.43%
Bid price-
Offer price-
Mid price2350.43
CurrencyPLN
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMRX2
Data provided by

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