Fact sheet: Nordea 1 Global Real Estate

Fund information
Fund name
Nordea 1 Global Real Estate BP USD
Fund manager company
Nordea
Fund type
Offshore Fund
Fund manager
  • Mr. Chip McKinleysince 15/11/2011
Fund objective
This Sub-funds investment objective is to achieve long-term capital growth by investing globally in equity securities of companies that are engaged principally in the real estate industry.
Benchmark
  • FTSE EPRA / NAREIT Developed Index
Investment style
None
Investment method
Shares
Quick stats
1 Year return
15%
1 Year rank in sector
14/43
Sector
FO Property - 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.
1.81%
Fund size
£446m (£213m 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.
99
Top in this sector
Fund name1 Year
SKAGEN SKAGEN m236.8%
HSBC GIF GblRlEstEqt35.5%
Sarasin IE Real Est Eq Gl33.9%
Fidelity Gbl Prop29.5%
Oasis Crescent GlbProEq29.1%
...more in FO Property - International

Performance snapshot

Holdings snapshot

  • USA47.8%
    Japan12.5%
    Hong Kong9.4%
    Germany6.8%
    UK6.3%
  • Financials96.2%
    Consumer Discretionary2.1%
    Money Market1.6%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.4%4.2%7.4%15%22%-
Sector-0.2%3.4%6.7%13.1%28.1%67.4%
Rank within sector26 / 4415 / 4411 / 4314 / 4325 / 41-
Quartile3rd2nd2nd2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund8.3%0.2%13.6%4.3%22.1%
Sector7.6%4.3%16%0.9%21.8%
Rank within sector12 / 4327 / 4229 / 4111 / 3924 / 33
Quartile2nd3rd3rd2nd3rd
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.
-1.91
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.
1.1
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.
0.49
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%.
11.53
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.
3.28
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.
-0.32
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.
0.92
Price movement
52 week high160.89
52 week low129.68
Current bid price-
Current offer price-
Current mid price156.92
Region
1USA47.78%
2Japan12.48%
3Hong Kong9.41%
4Germany6.8%
5UK6.33%
6Money Market3.79%
7Australia3.74%
8Canada3.02%
9Austria2.28%
Industry sector
1Financials96.23%
2Consumer Discretionary2.13%
3Money Market1.64%
Asset type
No data available.
Individual holdings
1SIMON PROPERTY GROUP INC6.97%
2TOKYO TATEMONO CO3.76%
3SUN COMMUNITIES INC3.48%
4MITSUI FUDOSAN3.45%
5KILROY REALTY CORP3.24%
6ALLIED PROPS REAL ESTATE INV TST3.02%
7HCP INC2.94%
8BRIXMOR PROPERTY GROUP INC2.7%
9ADO PROPERTIES SA2.61%
Management
Fund manager group
Nordea
Fund manager company
Nordea
Fund type
Offshore Fund
Fund objective
This Sub-funds investment objective is to achieve long-term capital growth by investing globally in equity securities of companies that are engaged principally in the real estate industry.
Benchmark
  • FTSE EPRA / NAREIT Developed Index
Investment style
None
Investment method
Shares
Fund manager
NameSinceBiography
Mr. Chip McKinley15/11/2011
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, Poland, Portugal, Sweden
Nordea 1 Global Real Estate BI EUR
Initial charge5%
Annual charge0.85%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.03%
Total expense ratio (TER)1.03%
Bid price-
Offer price-
Mid price145.4
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0KUB
Nordea 1 Global Real Estate BI NOK
Initial charge5%
Annual charge0.85%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.03%
Total expense ratio (TER)1.03%
Bid price-
Offer price-
Mid price1313.57
CurrencyNOK
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0KUC
Nordea 1 Global Real Estate BI SEK
Initial charge5%
Annual charge0.85%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.03%
Total expense ratio (TER)1.03%
Bid price-
Offer price-
Mid price1398.56
CurrencySEK
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0KUD
Nordea 1 Global Real Estate BI USD
Initial charge5%
Annual charge0.85%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.03%
Total expense ratio (TER)1.03%
Bid price-
Offer price-
Mid price163.12
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0KUA
Nordea 1 Global Real Estate BP DKK
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.81%
Total expense ratio (TER)1.81%
Bid price-
Offer price-
Mid price1042.18
CurrencyDKK
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0KUO
Nordea 1 Global Real Estate BP EUR
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.81%
Total expense ratio (TER)1.81%
Bid price-
Offer price-
Mid price139.87
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0KUL
Nordea 1 Global Real Estate BP NOK
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.81%
Total expense ratio (TER)1.81%
Bid price-
Offer price-
Mid price1263.65
CurrencyNOK
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0KUM
Nordea 1 Global Real Estate BP SEK
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.81%
Total expense ratio (TER)1.81%
Bid price-
Offer price-
Mid price1345.4
CurrencySEK
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0KUN
Nordea 1 Global Real Estate BP USD
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.81%
Total expense ratio (TER)1.81%
Bid price-
Offer price-
Mid price156.92
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0KUK
Nordea 1 Global Real Estate E EUR
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.57%
Total expense ratio (TER)2.57%
Bid price-
Offer price-
Mid price134.98
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0KU9
Nordea 1 Global Real Estate E USD
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.57%
Total expense ratio (TER)2.57%
Bid price-
Offer price-
Mid price151.43
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0KU8
Data provided by

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