Fact sheet: Nordea 1 Gbl Stable Eq

Fund information
Fund name
Nordea 1 Global Stable Equity BP EUR
Fund manager company
Nordea
Fund type
Offshore Fund
Fund managers
  • Robert Naesssince 01/03/2007
  • Claus Vormsince 01/03/2007
Fund objective
The fund applies a unique process to construct a portfolio of boring equities with stable returns based on an objective, computer driven, quantitative stock screening model. The process identifies companies that operate in established lines of business, generating consistently stable earnings, dividends, cash flows, etc. This stability helps dampen price volatility of such companies stocks, making them less risky than the broader market. There is also a high degree of portfolio diversification with 100 to 150 stocks typically making up the portfolio, thereby adding a further layer of stability. The goal then is to offer investors the benefits of long-term return opportunities in the global equity markets, without the risk of significant capital losses in the short to medium term as is the case with conventional hot stocks.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Shares
Quick stats
1 Year return
6%
1 Year rank in sector
145/471
Sector
FO Equity - International
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
£2,628m (£1,997m 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.
89
Top in this sector
Fund name1 Year
Heptagon Kprnk GblAlCpEq42.9%
Schroder ISF Gbl Rec36.2%
Dodge & Cox Gbl Stk32.4%
Vanguard Gbl Small-Cap Idx29.8%
Dimensional Gbl Small Cos29.7%
...more in FO Equity - International

Performance snapshot

Holdings snapshot

  • USA60.5%
    Japan11.7%
    France5.1%
    UK3.2%
    Canada3.2%
  • Health Care27%
    Information Technology17.3%
    Telecommunications Utilities11.7%
    Utilities8%
    Financials7.9%
  • US Equities60.5%
    Japanese Equities11.7%
    French Equities5.1%
    UK Equities3.2%
    Canadian Equities3.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.7%-2.2%1.1%6%49.1%95.8%
Sector2.6%-0.5%4.3%4.4%15%52.2%
Rank within sector189 / 500326 / 496330 / 486145 / 47116 / 38426 / 287
Quartile2nd3rd3rd2nd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund5.2%12.6%24.4%19.3%6.2%
Sector5.2%0.7%6%21.3%12.7%
Rank within sector200 / 47532 / 4279 / 387238 / 338279 / 289
Quartile2nd1st1st3rd4th
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.
10.15
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.
0.86
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.
0.97
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%.
11.03
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.
7.5
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.
1.23
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.
0.55
Price movement
52 week high20.45
52 week low16.82
Current bid price-
Current offer price-
Current mid price19.5
Region
1USA60.5%
2Japan11.68%
3France5.07%
4UK3.23%
5Canada3.17%
6Israel3.14%
7Germany2.54%
8Hong Kong1.8%
9Italy1.31%
Industry sector
1Health Care27.02%
2Information Technology17.25%
3Telecommunications Utilities11.72%
4Utilities8.01%
5Financials7.93%
6Consumer Discretionary7.92%
7Industrials7.5%
8Consumer Staples6.75%
9Real Estate2.41%
Asset type
1US Equities60.5%
2Japanese Equities11.68%
3French Equities5.07%
4UK Equities3.23%
5Canadian Equities3.17%
6Israeli Equities3.14%
7German Equities2.54%
8Hong Kong Equities1.8%
9Italian Equities1.31%
Individual holdings
1NIPPON TELEGRAPH & TELEPHONE CORP2.77%
2KDDI CORP2.75%
3JOHNSON & JOHNSON2.57%
4ANTHEM INC2.56%
5VERIZON COMMUNICATIONS INC2.52%
6CVS HEALTH CORP2.32%
7APPLE INC2.17%
8COGNIZANT TECHNOLOGY SOLUTIONS CORP2.07%
9LABORATORY CORP OF AMERICA HOLDINGS2.03%
Management
Fund manager group
Nordea
Fund manager company
Nordea
Fund type
Offshore Fund
Fund objective
The fund applies a unique process to construct a portfolio of boring equities with stable returns based on an objective, computer driven, quantitative stock screening model. The process identifies companies that operate in established lines of business, generating consistently stable earnings, dividends, cash flows, etc. This stability helps dampen price volatility of such companies stocks, making them less risky than the broader market. There is also a high degree of portfolio diversification with 100 to 150 stocks typically making up the portfolio, thereby adding a further layer of stability. The goal then is to offer investors the benefits of long-term return opportunities in the global equity markets, without the risk of significant capital losses in the short to medium term as is the case with conventional hot stocks.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Robert Naess01/03/2007
Claus Vorm01/03/2007Claus 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 Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Estonia, Finland, France, United Kingdom, Italy, Lithuania, Luxembourg, Latvia, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden
Nordea 1 Global Stable Equity AC EUR
Initial charge5%
Annual charge0.95%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.29%
Total expense ratio (TER)1.31%
Bid price-
Offer price-
Mid price19.51
CurrencyEUR
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFVFN
Nordea 1 Global Stable Equity AI SEK
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)1.12%
Bid price-
Offer price-
Mid price205.43
CurrencySEK
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFPCI
Nordea 1 Global Stable Equity AP 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 price19.19
CurrencyEUR
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFQ9M
Nordea 1 Global Stable Equity BC EUR
Initial charge5%
Annual charge0.95%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.17%
Total expense ratio (TER)1.17%
Bid price-
Offer price-
Mid price19.67
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFVFM
Nordea 1 Global Stable 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)1.12%
Bid price-
Offer price-
Mid price21.34
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNY62
Nordea 1 Global Stable Equity BI SEK
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)1.12%
Bid price-
Offer price-
Mid price209.15
CurrencySEK
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFP2W
Nordea 1 Global Stable Equity BI USD
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)1.12%
Bid price-
Offer price-
Mid price22.91
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF1ZD
Nordea 1 Global Stable 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 price19.5
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN405
Nordea 1 Global Stable Equity BP NOK
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 price175.21
CurrencyNOK
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN404
Nordea 1 Global Stable Equity BP SEK
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 price191.12
CurrencySEK
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN403
Nordea 1 Global Stable Equity BP USD
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 price20.94
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFHIP
Nordea 1 Global Stable Equity E EUR
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.67%
Total expense ratio (TER)2.65%
Bid price-
Offer price-
Mid price17.83
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN402
Nordea 1 Global Stable Equity HB USD
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.95%
Total expense ratio (TER)1.9%
Bid price-
Offer price-
Mid price22.16
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFRQZ
Nordea 1 Global Stable Equity HBI CHF
Initial charge5%
Annual charge0.85%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.17%
Total expense ratio (TER)1.12%
Bid price-
Offer price-
Mid price22.39
CurrencyCHF
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFSIO
Nordea 1 Global Stable Equity X EUR
Initial charge-
Annual charge-
Min single investment£25,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.08%
Total expense ratio (TER)0.07%
Bid price-
Offer price-
Mid price23.28
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDGW3
Nordea 1 Global Stable Equity X USD
Initial charge-
Annual charge-
Min single investment£25,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.08%
Total expense ratio (TER)0.07%
Bid price-
Offer price-
Mid price25
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFAOG
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