Fact sheet: Nordea 1 GlbStrEq

Fund information
Fund name
Nordea 1 Global Stars Equity BP USD
Fund manager company
Nordea
Fund type
Offshore Fund
Fund managers
  • Johan Swahnsince 17/05/2016
Fund objective
The fund is a global, long only equity fund which aims to generate a sustainable outperformance of 3% p.a. compared to the MSCI World AC – Net Return Index. The portfolio follows a bottom-up stock selection approach and invests in companies with a sustainable competitive advantage, which allows them to deliver high and stable returns. The management team aims to invest in companies exposed to change which should allow them to grow over a 5-7 year investment horizon. The fund has a strong ESG (environmental, social and governance) bias, with the aim of investing in companies with well managed ESG profiles and/or that contribute to solutions relating to global ESG challenges.
Benchmark
  • MSCI AC World
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
-
1 Year rank in sector
-
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.
1.82%
Fund size
£20m (£4m last year)
Top in this sector
Fund name1 Year
Impax Asian Envt Markets28.1%
Impax Environmental Markets27.9%
Vanguard SRI Global Stock27.3%
Pictet GlbEnvrOpp27.1%
UBS (L)E-GlbSustInnov26.3%
...more in FO Equity - Ethical

Performance snapshot

Holdings snapshot

  • USA42.2%
    Germany10.1%
    UK8.1%
    France5.6%
    Sweden4.9%
  • Information Technology19.7%
    Industrials18.8%
    Consumer Staples14.7%
    Health Care14%
    Consumer Discretionary13.5%
  • US Equities42.2%
    German Equities10.1%
    UK Equities8.1%
    French Equities5.6%
    Swedish Equities4.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.2%7.1%10.1%---
Sector0.8%4.7%7.5%14.3%24.5%56.9%
Rank within sector14 / 787 / 7922 / 75---
Quartile1st1st2nd
Calendar performance
 YTD - 20172016201520142013
Fund10.1%----
Sector5.8%8%3.2%7.3%18.4%
Rank within sector5 / 79----
Quartile1st
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 high110.24
52 week low96.04
Current bid price-
Current offer price-
Current mid price110.24
Region
1USA42.18%
2Germany10.14%
3UK8.13%
4France5.59%
5Sweden4.89%
6Switzerland4.7%
7Money Market3.72%
8Japan3.08%
9Netherlands3.06%
Industry sector
1Information Technology19.72%
2Industrials18.82%
3Consumer Staples14.72%
4Health Care13.97%
5Consumer Discretionary13.49%
6Financials12.11%
7Money Market3.72%
8Real Estate1.78%
9Materials1.68%
Asset type
1US Equities42.18%
2German Equities10.14%
3UK Equities8.13%
4French Equities5.59%
5Swedish Equities4.89%
6Swiss Equities4.7%
7Money Market3.72%
8Japanese Equities3.08%
9Dutch Equities3.06%
Individual holdings
1SWATCH GROUP4%
2ALPHABET INC3.87%
3HENKEL AG & CO KGAA3.73%
4CISCO SYSTEMS INC3.4%
5NABTESCO CORP3.08%
6ING GROEP N.V.3.06%
7VARIAN MEDICAL SYSTEMS INC2.94%
8ROTORK2.84%
9JOHNSON & JOHNSON2.81%
Management
Fund manager group
Nordea
Fund manager company
Nordea
Fund type
Offshore Fund
Fund objective
The fund is a global, long only equity fund which aims to generate a sustainable outperformance of 3% p.a. compared to the MSCI World AC – Net Return Index. The portfolio follows a bottom-up stock selection approach and invests in companies with a sustainable competitive advantage, which allows them to deliver high and stable returns. The management team aims to invest in companies exposed to change which should allow them to grow over a 5-7 year investment horizon. The fund has a strong ESG (environmental, social and governance) bias, with the aim of investing in companies with well managed ESG profiles and/or that contribute to solutions relating to global ESG challenges.
Benchmark
  • MSCI AC World
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Johan Swahn17/05/2016
Compliance
Transparent for Austrian 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 Stars Equity BI EUR
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)1.05%
Bid price-
Offer price-
Mid price102.44
CurrencyEUR
Price updated24/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE9DN
Nordea 1 Global Stars Equity 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)1.05%
Bid price-
Offer price-
Mid price980.75
CurrencySEK
Price updated24/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE9DO
Nordea 1 Global Stars Equity BI USD
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)1.05%
Bid price-
Offer price-
Mid price111.09
CurrencyUSD
Price updated24/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE9DM
Nordea 1 Global Stars Equity BP EUR
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.82%
Total expense ratio (TER)1.81%
Bid price-
Offer price-
Mid price101.66
CurrencyEUR
Price updated24/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE9DJ
Nordea 1 Global Stars Equity BP NOK
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.82%
Total expense ratio (TER)1.81%
Bid price-
Offer price-
Mid price938.93
CurrencyNOK
Price updated24/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE9DK
Nordea 1 Global Stars Equity BP SEK
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.82%
Total expense ratio (TER)1.81%
Bid price-
Offer price-
Mid price973.24
CurrencySEK
Price updated24/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE9DL
Nordea 1 Global Stars Equity BP USD
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.82%
Total expense ratio (TER)1.81%
Bid price-
Offer price-
Mid price110.24
CurrencyUSD
Price updated24/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE9DI
Nordea 1 Global Stars Equity E EUR
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.64%
Total expense ratio (TER)2.59%
Bid price-
Offer price-
Mid price100.98
CurrencyEUR
Price updated24/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE9DQ
Nordea 1 Global Stars Equity E USD
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.64%
Total expense ratio (TER)2.59%
Bid price-
Offer price-
Mid price109.5
CurrencyUSD
Price updated24/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE9DP
Nordea 1 Global Stars Equity HBI EUR
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)1.04%
Bid price-
Offer price-
Mid price96.29
CurrencyEUR
Price updated24/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE9DR
Data provided by

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