Fact sheet: Nordea 1 Gbl Stb Eq € Hgd

Fund information
Fund name
Nordea 1 Global Stable Equity - Euro Hedged BP EUR
Fund manager company
Nordea
Fund type
Offshore Fund
Fund managers
  • Robert Naesssince 05/03/2007
  • Claus Vormsince 05/03/2007
Fund objective
The fund applies a unique process to construct a portfolio of 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. At least 90% of the portfolio currency risk will be hedged against the Base Currency of the Sub-fund (EUR).
Benchmark
  • No Specified Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
14.4%
1 Year rank in sector
151/473
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
£1,652m (£1,162m 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.
78
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Performance snapshot

Holdings snapshot

  • USA60.7%
    Japan11.5%
    France4.5%
    Canada3.9%
    UK3.6%
  • Health Care25.8%
    Information Technology19%
    Telecommunications Utilities10.7%
    Financials8.9%
    Industrials8%
  • US Equities60.7%
    Japanese Equities11.5%
    French Equities4.5%
    Canadian Equities3.9%
    UK Equities3.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.1%2.2%4%14.4%34%82.5%
Sector0.6%7.5%8.1%11.3%19%61.2%
Rank within sector381 / 495451 / 490403 / 485151 / 47386 / 37574 / 288
Quartile4th4th4th2nd1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund6.5%4.2%14.5%25.5%7.6%
Sector5.7%0.7%6%21.3%12.7%
Rank within sector172 / 479143 / 43368 / 390116 / 344274 / 298
Quartile2nd2nd1st2nd4th
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.
4.96
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.
0.82
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.
0.86
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%.
8.87
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.
4.26
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.
0.84
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.
0.81
Price movement
52 week high16.65
52 week low14.2
Current bid price-
Current offer price-
Current mid price16.22
Region
1USA60.72%
2Japan11.45%
3France4.45%
4Canada3.93%
5UK3.62%
6Israel2.9%
7Germany2.55%
8Money Market1.84%
9Hong Kong1.71%
Industry sector
1Health Care25.75%
2Information Technology18.97%
3Telecommunications Utilities10.71%
4Financials8.85%
5Industrials7.96%
6Utilities7.59%
7Consumer Discretionary6.97%
8Consumer Staples6.11%
9Materials2.79%
Asset type
1US Equities60.72%
2Japanese Equities11.45%
3French Equities4.45%
4Canadian Equities3.93%
5UK Equities3.62%
6Israeli Equities2.9%
7German Equities2.55%
8Money Market1.84%
9Hong Kong Equities1.71%
Individual holdings
1NIPPON TELEGRAPH & TELEPHONE CORP2.65%
2JOHNSON & JOHNSON2.57%
3KDDI CORP2.57%
4CVS HEALTH CORP2.45%
5ANTHEM INC2.29%
6COGNIZANT TECHNOLOGY SOLUTIONS CORP2.23%
7LABORATORY CORP OF AMERICA HOLDINGS2.1%
8AFLAC INC2.06%
9EMC CORP2%
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 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. At least 90% of the portfolio currency risk will be hedged against the Base Currency of the Sub-fund (EUR).
Benchmark
  • No Specified Index
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Robert Naess05/03/2007
Claus Vorm05/03/2007Claus 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, Poland, Portugal, Singapore, Sweden
Nordea 1 Global Stable Equity - Euro Hedged AI EUR
Initial charge5%
Annual charge0.85%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.13%
Total expense ratio (TER)1.11%
Bid price-
Offer price-
Mid price16.44
CurrencyEUR
Price updated29/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF7ER
Nordea 1 Global Stable Equity - Euro Hedged 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 price14.91
CurrencyEUR
Price updated29/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeC6V2
Nordea 1 Global Stable Equity - Euro Hedged BC EUR
Initial charge5%
Annual charge0.95%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.28%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price16.25
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE7ZS
Nordea 1 Global Stable Equity - Euro Hedged 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 price17.09
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC6V1
Nordea 1 Global Stable Equity - Euro Hedged 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 price16.22
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC6U7
Nordea 1 Global Stable Equity - Euro Hedged 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 price156.02
CurrencySEK
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC6U8
Nordea 1 Global Stable Equity - Euro Hedged E EUR
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.66%
Total expense ratio (TER)2.65%
Bid price-
Offer price-
Mid price15.82
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC6V0
Nordea 1 Global Stable Equity - Euro Hedged E PLN
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.66%
Total expense ratio (TER)2.65%
Bid price-
Offer price-
Mid price68.15
CurrencyPLN
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMRX9
Nordea 1 Global Stable Equity - Euro Hedged HB NOK
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.92%
Total expense ratio (TER)1.91%
Bid price-
Offer price-
Mid price139.13
CurrencyNOK
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC6V5
Nordea 1 Global Stable Equity - Euro Hedged HB 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 price145.53
CurrencySEK
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC6V6
Nordea 1 Global Stable Equity - Euro Hedged HBN EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.08
CurrencyEUR
Price updated13/12/2010
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFRD0
Nordea 1 Global Stable Equity - Euro Hedged HBS EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price8.53
CurrencyEUR
Price updated13/12/2010
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFRD1
Nordea 1 Global Stable Equity - Euro Hedged HE PLN
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.66%
Total expense ratio (TER)2.65%
Bid price-
Offer price-
Mid price70.43
CurrencyPLN
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMRY0
Nordea 1 Global Stable Equity - Euro Hedged HX USD
Initial charge-
Annual charge-
Min single investment£25,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.1%
Total expense ratio (TER)0.07%
Bid price-
Offer price-
Mid price20.54
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFR3E
Nordea 1 Global Stable Equity - Euro Hedged 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)0.06%
Bid price-
Offer price-
Mid price17.61
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFE2V
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