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
£28m (£3m last year)
Top in this sector
Fund name1 Year
Heptagon Kprnk GblAlCpEq38.4%
Schroder ISF Gbl Rec34%
Dodge & Cox Gbl Stk32.2%
Dimensional Gbl Small Cos29.1%
GS Global SmCap Core Eq28.8%
...more in FO Equity - International

Performance snapshot

Holdings snapshot

  • USA44.4%
    Sweden7.9%
    UK7.7%
    Germany7.1%
    France5.6%
  • Industrials23.2%
    Consumer Discretionary16.4%
    Information Technology15.8%
    Health Care14.6%
    Consumer Staples14.5%
  • US Equities44.4%
    Swedish Equities7.9%
    UK Equities7.7%
    German Equities7.1%
    French Equities5.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.1%-4.4%-3.5%---
Sector0.6%0.5%4.8%3.3%14%53.6%
Rank within sector311 / 499457 / 496459 / 486---
Quartile3rd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-5.3%----
Sector5.4%0.7%6%21.3%12.7%
Rank within sector454 / 475----
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 price94.93
Region
1USA44.42%
2Sweden7.86%
3UK7.68%
4Germany7.08%
5France5.61%
6Denmark4.77%
7Italy3.1%
8Brazil3.04%
9Japan2.5%
Industry sector
1Industrials23.2%
2Consumer Discretionary16.36%
3Information Technology15.79%
4Health Care14.63%
5Consumer Staples14.54%
6Financials11.77%
7Real Estate2.84%
8Money Market0.87%
Asset type
1US Equities44.42%
2Swedish Equities7.86%
3UK Equities7.68%
4German Equities7.08%
5French Equities5.61%
6Danish Equities4.77%
7Italian Equities3.1%
8Brazilian Equities3.04%
9Japanese Equities2.5%
Individual holdings
1STERICYCLE INC4.48%
2NOVO NORDISK A/S3.68%
3MEAD JOHNSON NUTRITION3.4%
4JPMORGAN CHASE & CO3.21%
5ALPHABET INC3.12%
6INTESA SANPAOLO SPA3.1%
7ROTORK3.08%
8FASTENAL CO3.02%
9SWEDISH MATCH AB2.91%
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 price89.4
CurrencyEUR
Price updated01/12/2016
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 price90.14
CurrencyEUR
Price updated01/12/2016
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 price95.73
CurrencyUSD
Price updated01/12/2016
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 price89.39
CurrencyEUR
Price updated01/12/2016
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 price801.37
CurrencyNOK
Price updated01/12/2016
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 price875.81
CurrencySEK
Price updated01/12/2016
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 price94.93
CurrencyUSD
Price updated01/12/2016
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 price88.75
CurrencyEUR
Price updated01/12/2016
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 price94.25
CurrencyUSD
Price updated01/12/2016
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 price82.06
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE8EY
Data provided by

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