Fact sheet: Nordea 1 Glb Ids Eq

Fund information
Fund name
Nordea 1 Global Ideas Equity BP USD
Fund manager company
Nordea
Fund type
Offshore Fund
Fund manager
  • Johan Swahnsince 14/01/2016
Fund objective
The fund is a bottom-up driven long only equity fund with a global scope. On top of the fundamental bottom-up stock picking the fund has portfolio construction and risk management overlays to align the portfolio with the portfolio managers? top-down views. The fund is benchmark agnostic, although the MSCI All Country World Index can be used for performance comparison purpose and deviation from the index could be large from time to time. The portfolio does not have market capitalisation constraint, but the portfolio may generally consist of companies with a market cap of USD 3-10 billion. The fund will mainly invest in growth/quality companies which possess a clear sustainable competitive advantage. The remaining part of the portfolio is open to invest in more opportunistic ideas and the resulting portfolio will consist of 50-60 holdings.
Benchmark
  • MSCI AC World
Investment style
None
Investment method
Shares
Quick stats
1 Year return
-
1 Year rank in sector
-
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.
1.73%
Fund size
£32m (£3m last year)
Top in this sector
Fund name1 Year
Heptagon Kprnk GblAlCpEq54%
Sanlam Prv Wlt Glbl HgQul42.1%
SKAGEN Focus40.7%
T. Rowe Price GblFcsGrEq39.9%
Veritas Global Equity Income38.1%
...more in FO Equity - International

Performance snapshot

Holdings snapshot

  • USA44.3%
    UK10.2%
    Germany7.9%
    Sweden6.8%
    Denmark3.7%
  • Consumer Staples19.4%
    Information Technology19.3%
    Industrials18.4%
    Consumer Discretionary15.4%
    Health Care15.3%
  • US Equities44.3%
    UK Equities10.2%
    German Equities7.9%
    Swedish Equities6.8%
    Danish Equities3.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.2%5.2%2.3%---
Sector0.6%7.5%8.1%11.3%19%61.2%
Rank within sector291 / 495359 / 490452 / 485---
Quartile3rd3rd4th
Calendar performance
 YTD - 20162015201420132012
Fund-1.1%----
Sector5.7%0.7%6%21.3%12.7%
Rank within sector414 / 479----
Quartile4th
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 high101.76
52 week low87.32
Current bid price-
Current offer price-
Current mid price99.19
Region
1USA44.31%
2UK10.23%
3Germany7.86%
4Sweden6.83%
5Denmark3.71%
6Japan3.27%
7France3.09%
8Money Market2.95%
9Brazil2.78%
Industry sector
1Consumer Staples19.43%
2Information Technology19.27%
3Industrials18.39%
4Consumer Discretionary15.36%
5Health Care15.34%
6Financials6.33%
7Money Market2.95%
8Real Estate2.05%
9Materials0.88%
Asset type
1US Equities44.31%
2UK Equities10.23%
3German Equities7.86%
4Swedish Equities6.83%
5Danish Equities3.71%
6Japanese Equities3.27%
7French Equities3.09%
8Money Market2.95%
9Brazilian Equities2.78%
Individual holdings
1SWEDISH MATCH AB4.79%
2NOVO NORDISK A/S3.71%
3SAP SE3.6%
4VARIAN MEDICAL SYSTEMS INC3.38%
5FASTENAL CO3.02%
6ALPHABET INC2.95%
7PRICELINE GROUP INC (THE)2.9%
8VERISK ANALYTICS INC2.86%
9STERICYCLE INC2.8%
Management
Fund manager group
Nordea
Fund manager company
Nordea
Fund type
Offshore Fund
Fund objective
The fund is a bottom-up driven long only equity fund with a global scope. On top of the fundamental bottom-up stock picking the fund has portfolio construction and risk management overlays to align the portfolio with the portfolio managers? top-down views. The fund is benchmark agnostic, although the MSCI All Country World Index can be used for performance comparison purpose and deviation from the index could be large from time to time. The portfolio does not have market capitalisation constraint, but the portfolio may generally consist of companies with a market cap of USD 3-10 billion. The fund will mainly invest in growth/quality companies which possess a clear sustainable competitive advantage. The remaining part of the portfolio is open to invest in more opportunistic ideas and the resulting portfolio will consist of 50-60 holdings.
Benchmark
  • MSCI AC World
Investment style
None
Investment method
Shares
Fund manager
NameSinceBiography
Johan Swahn14/01/2016
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, Germany, Denmark, Spain, Estonia, Finland, France, United Kingdom, Italy, Lithuania, Luxembourg, Latvia, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden
Nordea 1 Global Ideas Equity AP EUR
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.84%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price88.41
CurrencyEUR
Price updated29/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE8EV
Nordea 1 Global Ideas Equity BI EUR
Initial charge5%
Annual charge0.85%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.02%
Total expense ratio (TER)1.01%
Bid price-
Offer price-
Mid price89.04
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE2GT
Nordea 1 Global Ideas Equity BI USD
Initial charge5%
Annual charge0.85%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.02%
Total expense ratio (TER)1.01%
Bid price-
Offer price-
Mid price99.89
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE2KL
Nordea 1 Global Ideas Equity BP EUR
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.73%
Total expense ratio (TER)1.85%
Bid price-
Offer price-
Mid price88.41
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE2GW
Nordea 1 Global Ideas Equity BP NOK
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.84%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price798.76
CurrencyNOK
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE8EW
Nordea 1 Global Ideas Equity BP SEK
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.84%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price850.44
CurrencySEK
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE8EX
Nordea 1 Global Ideas Equity BP USD
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.73%
Total expense ratio (TER)1.85%
Bid price-
Offer price-
Mid price99.19
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE2GV
Nordea 1 Global Ideas Equity E EUR
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.4%
Total expense ratio (TER)2.6%
Bid price-
Offer price-
Mid price87.9
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE2GS
Nordea 1 Global Ideas Equity E USD
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.4%
Total expense ratio (TER)2.6%
Bid price-
Offer price-
Mid price98.61
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE2GR
Nordea 1 Global Ideas Equity HA EUR
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.84%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price86
CurrencyEUR
Price updated29/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE8EY
Data provided by

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