Fact sheet: Nordea 1 Eurpn Fcs Eq

Fund information
Fund name
Nordea 1 European Focus Equity BP EUR
Fund manager company
Nordea
Fund type
Offshore Fund
Fund manager
  • Kasper Elmgreensince 15/09/2014
Fund objective
This Sub-fund aims to achieve long-term capital growth by investing in European stocks. The Sub-fund is managed in accordance with the International Focus Equities Concept, an investment process which focuses on in-depth analysis of company fundamentals when selecting an investment target. The process seeks to identify attractively valued equities of companies with strong fundamentals. The process focuses on equities which, in the portfolio manager's view, are undervalued in relation to the company´s ability to generate cash flow over the long term.
Benchmark
  • MSCI Europe
Investment style
None
Investment method
Shares
Quick stats
1 Year return
-4.5%
1 Year rank in sector
88/227
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.
1.91%
Fund size
£149m (£101m 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
SPL Parallel Private Equity IC27%
IVI European23.3%
GS Eur CORE Eq Portfolio20.7%
JOHCM European Sel Val16%
EP Pan European Opportunities14.3%
...more in FO Equity - Europe inc UK

Performance snapshot

Holdings snapshot

  • UK26.8%
    Switzerland19.5%
    Germany15.6%
    France12.4%
    Denmark8.7%
  • Financials20.5%
    Consumer Discretionary14.6%
    Consumer Staples14.2%
    Health Care13.8%
    Energy10.2%
  • UK Equities26.8%
    Swiss Equities19.5%
    German Equities15.6%
    French Equities12.4%
    Danish Equities8.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund4.7%-0.4%0.4%-4.5%--
Sector3.3%-1.8%-0.9%-5.4%14.5%57.8%
Rank within sector40 / 23377 / 23486 / 23288 / 227--
Quartile1st2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund-2.8%13.1%---
Sector-4.4%11.1%4.2%21.1%17.6%
Rank within sector82 / 22882 / 213---
Quartile2nd2nd
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 high112.01
52 week low93.12
Current bid price-
Current offer price-
Current mid price108.36
Region
1UK26.83%
2Switzerland19.52%
3Germany15.62%
4France12.38%
5Denmark8.66%
6Sweden5.01%
7Italy3%
8Netherlands2.82%
9Spain2.69%
Industry sector
1Financials20.5%
2Consumer Discretionary14.62%
3Consumer Staples14.22%
4Health Care13.81%
5Energy10.21%
6Industrials9.74%
7Telecommunications Utilities6.98%
8Information Technology6.22%
9Materials2.83%
Asset type
1UK Equities26.83%
2Swiss Equities19.52%
3German Equities15.62%
4French Equities12.38%
5Danish Equities8.66%
6Swedish Equities5.01%
7Italian Equities3%
8Dutch Equities2.82%
9Spanish Equities2.69%
Individual holdings
1NESTLE SA6.67%
2ROYAL DUTCH SHELL6.57%
3NOVARTIS AG5.17%
4SAP SE4.21%
5RECKITT BENCKISER GROUP PLC4.18%
6NOVO NORDISK A/S3.75%
7COMPAGNIE FINANCIERE RICHEMONT SA3.27%
8AXA3.26%
9SWEDBANK AB3.14%
Management
Fund manager group
Nordea
Fund manager company
Nordea
Fund type
Offshore Fund
Fund objective
This Sub-fund aims to achieve long-term capital growth by investing in European stocks. The Sub-fund is managed in accordance with the International Focus Equities Concept, an investment process which focuses on in-depth analysis of company fundamentals when selecting an investment target. The process seeks to identify attractively valued equities of companies with strong fundamentals. The process focuses on equities which, in the portfolio manager's view, are undervalued in relation to the company´s ability to generate cash flow over the long term.
Benchmark
  • MSCI Europe
Investment style
None
Investment method
Shares
Fund manager
NameSinceBiography
Kasper Elmgreen15/09/2014
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, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Italy, Lithuania, Luxembourg, Netherlands, Norway, Offshore, Portugal, Sweden
Nordea 1 European Focus Equity BI EUR
Initial charge5%
Annual charge0.85%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.11%
Total expense ratio (TER)1.1%
Bid price-
Offer price-
Mid price110.22
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFN5Y
Nordea 1 European Focus Equity BI NOK
Initial charge5%
Annual charge0.85%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.11%
Total expense ratio (TER)1.1%
Bid price-
Offer price-
Mid price990.01
CurrencyNOK
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFRQU
Nordea 1 European Focus Equity BP EUR
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.91%
Total expense ratio (TER)1.9%
Bid price-
Offer price-
Mid price108.36
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFN5Z
Nordea 1 European Focus Equity E EUR
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.65%
Total expense ratio (TER)2.64%
Bid price-
Offer price-
Mid price106.57
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFN5X
Nordea 1 European Focus Equity X EUR
Initial charge-
Annual charge-
Min single investment£25,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.07%
Total expense ratio (TER)0.06%
Bid price-
Offer price-
Mid price111.34
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE28G
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