Fact sheet: Nordea 1 GlbClmEnvr

Fund information
Fund name
Nordea 1 Global Climate and Environment BP EUR
Fund manager company
Nordea
Fund type
Offshore Fund
Fund managers
  • Henning Padbergsince 13/03/2008
  • Thomas Sorensensince 13/03/2008
Fund objective
This fund aims to achieve long-term capital growth through a diversified portfolio of equity or equity related investments in companies, which are expected to benefit either directly or indirectly from developments related to environmental challenges such as climate change. The fund shall invest globally and shall invest a minimum of two thirds of its total assets in equities, other equity shares such as co-operative shares and participation certificates, dividend right certificates, warrants on equities and equity rights.
Benchmark
  • No Specified Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
16.2%
1 Year rank in sector
12/68
Sector
FO Equity - Ethical
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.
1.97%
Fund size
£130m (£59m 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.
106
Top in this sector
Fund name1 Year
Alquity Latin America35.4%
Impax Environmental Markets34.8%
Sparinvest Ethical Gbl Val31.9%
Schroder ISFQEPGblESG30.2%
Dimensional Gbl SustnbltyCrEq28.4%
...more in FO Equity - Ethical

Performance snapshot

Holdings snapshot

  • USA55.2%
    Germany13.8%
    Japan11%
    France4.2%
    Canada2.5%
  • Industrials38.4%
    Information Technology24.7%
    Materials11.4%
    Consumer Discretionary8.4%
    Health Care5.9%
  • US Equities55.2%
    German Equities13.8%
    Japanese Equities11%
    French Equities4.2%
    Canadian Equities2.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund10.4%9.6%14%16.2%47.5%114.1%
Sector2.5%0.6%5.5%5.7%20.1%54.3%
Rank within sector1 / 772 / 7711 / 7412 / 684 / 582 / 47
Quartile1st1st1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund16%11.4%10.3%24.7%17.9%
Sector6%3.2%7.3%18.4%10.5%
Rank within sector10 / 6814 / 6124 / 5816 / 507 / 47
Quartile1st1st2nd2nd1st
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.
5.7
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.
1.25
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.
0.56
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%.
15.78
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.
8.02
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.
0.82
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.
0.77
Price movement
52 week high14.82
52 week low10.65
Current bid price-
Current offer price-
Current mid price15.03
Region
1USA55.15%
2Germany13.83%
3Japan11.03%
4France4.16%
5Canada2.51%
6Italy2.41%
7Money Market2.08%
8UK1.59%
9Austria1.41%
Industry sector
1Industrials38.44%
2Information Technology24.7%
3Materials11.36%
4Consumer Discretionary8.41%
5Health Care5.91%
6Consumer Staples3.5%
7Real Estate3.18%
8Utilities2.41%
9Money Market2.08%
Asset type
1US Equities55.15%
2German Equities13.83%
3Japanese Equities11.03%
4French Equities4.16%
5Canadian Equities2.51%
6Italian Equities2.41%
7Money Market2.08%
8UK Equities1.59%
9Austrian Equities1.41%
Individual holdings
1HEXCEL CORP4.58%
2ANSYS INC4.17%
3BUNGE LTD3.5%
4WEYERHAEUSER CO3.18%
5WASTE MANAGEMENT INC3.08%
6MIDDLEBY CORP3.02%
7LINDE AG3%
8MENTOR GRAPHICS CORP2.81%
9LKQ CORP2.73%
Management
Fund manager group
Nordea
Fund manager company
Nordea
Fund type
Offshore Fund
Fund objective
This fund aims to achieve long-term capital growth through a diversified portfolio of equity or equity related investments in companies, which are expected to benefit either directly or indirectly from developments related to environmental challenges such as climate change. The fund shall invest globally and shall invest a minimum of two thirds of its total assets in equities, other equity shares such as co-operative shares and participation certificates, dividend right certificates, warrants on equities and equity rights.
Benchmark
  • No Specified Index
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Henning Padberg13/03/2008Henning Padberg has been the portfolio manager on the Nordea 1 – Climate and Environment Equity Fund since 2009. He began his career in 2008 with Nordea Asset Management as a research associate focusing on the financial sector globally. In 2011 Henning became responsible for the IT sector research globally. In 2014 Henning became part of the portfolio management team on our European Focus equity products and responsible for the Cyclical Super Sector research globally. Henning holds a MSc. in Business Management from the University of Münster, Germany.
Thomas Sorensen13/03/2008Thomas Sørensen has been the portfolio manager on the Nordea 1 – Climate and Environment Equity Fund since its launch in 2008. In 1999, he joined the Asset Management division and has undertaken a number of portfolio management and research responsibilities, including now being the analyst responsible for the Commodities Super Sector research globally. Thomas began his career in 1997 with Nordea. He holds a BSc. Finance from Copenhagen Business School.
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, Estonia, Finland, France, United Kingdom, Italy, Lithuania, Luxembourg, Latvia, Netherlands, Norway, Offshore, Portugal, Sweden
Nordea 1 Global Climate and Environment AP EUR
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)2.25%
Bid price-
Offer price-
Mid price15.01
CurrencyEUR
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFWPL
Nordea 1 Global Climate and Environment BI EUR
Initial charge5%
Annual charge0.85%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.2%
Total expense ratio (TER)1.13%
Bid price-
Offer price-
Mid price16.07
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC6W6
Nordea 1 Global Climate and Environment BI SEK
Initial charge5%
Annual charge0.85%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price155.91
CurrencySEK
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC0NA
Nordea 1 Global Climate and Environment BI USD
Initial charge5%
Annual charge0.85%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.2%
Total expense ratio (TER)1.13%
Bid price-
Offer price-
Mid price17.26
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFUZJ
Nordea 1 Global Climate and Environment BP EUR
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.97%
Total expense ratio (TER)1.9%
Bid price-
Offer price-
Mid price15.03
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC6W2
Nordea 1 Global Climate and Environment BP NOK
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.97%
Total expense ratio (TER)1.9%
Bid price-
Offer price-
Mid price135.36
CurrencyNOK
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC6W4
Nordea 1 Global Climate and Environment BP SEK
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.97%
Total expense ratio (TER)1.9%
Bid price-
Offer price-
Mid price145.82
CurrencySEK
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC6W3
Nordea 1 Global Climate and Environment BP USD
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.97%
Total expense ratio (TER)1.9%
Bid price-
Offer price-
Mid price16.15
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFUZK
Nordea 1 Global Climate and Environment E EUR
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.73%
Total expense ratio (TER)2.66%
Bid price-
Offer price-
Mid price14.14
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC6W5
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