Fact sheet: Nordea 1 Heracles Lg/Sht MI

Fund information
Fund name
Nordea 1 Heracles Long/Short MI AP EUR
Fund manager company
Nordea
Fund type
Offshore Fund
Fund managers
  • Markus Rauchsince 15/07/2015
  • Sebastian Napirallasince 15/07/2015
Fund objective
The fund takes advantage of climbing (long) and falling (short) prices across some a wide range of equity, fixed income and currency markets worldwide. This is done via an innovative, prognosis-free quantitative system based on mathematical algorithms. These indicate, on a daily basis, how many long or short positions should be taken in the various markets, relying on the recent price trends. As a result positive returns can be achieved under any market conditions, independently from forecasts or market opinions, and with risk tempered by the diversification across several different markets.
Benchmark
  • No Specified Index
Investment style
Long/Short
Investment method
Mixed
Quick stats
1 Year return
-2.9%
1 Year rank in sector
85/126
Sector
FO Hedge/Stru Prod - Mixed
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.
2.22%
Fund size
£112m (£148m 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.
122
Top in this sector
Fund name1 Year
Veritas Global Real Return26.4%
Nordea 1 Alpha 1524.6%
La Fayette Holdings22%
Pimco GIS Stk Pl17.2%
Nordea 1 Multi-Asset15.9%
...more in FO Hedge/Stru Prod - Mixed

Performance snapshot

Holdings snapshot

  • Germany83.8%
    Money Market16.2%
  • Government Bonds76.5%
    Money Market19.2%
    Corporate Bonds4.4%
  • Global Government Fixed Interest76.5%
    Money Market19.2%
    Global Corporate Fixed Interest4.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.3%0.3%3.2%-2.9%11.3%16.3%
Sector-0.2%0.8%0.4%-0.6%5.8%7.2%
Rank within sector12 / 14090 / 14429 / 14185 / 12626 / 8320 / 70
Quartile1st3rd1st3rd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund5.6%-9.6%8.5%12%0.9%
Sector-0.1%-0.6%5.1%1.4%1.9%
Rank within sector21 / 133110 / 11524 / 9511 / 8654 / 77
Quartile1st4th2nd1st3rd
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.
-2.93
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.
3.52
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.
0.02
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%.
11.74
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.
10.6
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.
0.15
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.
0.38
Price movement
52 week high65.44
52 week low56.32
Current bid price-
Current offer price-
Current mid price60.86
Region
1Germany83.84%
2Money Market16.16%
Industry sector
1Government Bonds76.5%
2Money Market19.15%
3Corporate Bonds4.36%
Asset type
1Global Government Fixed Interest76.5%
2Money Market19.15%
3Global Corporate Fixed Interest4.36%
Individual holdings
No data available.
Management
Fund manager group
Nordea
Fund manager company
Nordea
Fund type
Offshore Fund
Fund objective
The fund takes advantage of climbing (long) and falling (short) prices across some a wide range of equity, fixed income and currency markets worldwide. This is done via an innovative, prognosis-free quantitative system based on mathematical algorithms. These indicate, on a daily basis, how many long or short positions should be taken in the various markets, relying on the recent price trends. As a result positive returns can be achieved under any market conditions, independently from forecasts or market opinions, and with risk tempered by the diversification across several different markets.
Benchmark
  • No Specified Index
Investment style
Long/Short
Investment method
Mixed
Fund managers
NameSinceBiography
Markus Rauch15/07/2015
Sebastian Napiralla15/07/2015
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 Heracles Long/Short MI AI EUR
Initial charge3.5%
Annual charge1.2%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.36%
Total expense ratio (TER)1.37%
Bid price-
Offer price-
Mid price64.87
CurrencyEUR
Price updated29/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeC6Y0
Nordea 1 Heracles Long/Short MI AIU EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.36%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price62.11
CurrencyEUR
Price updated13/12/2010
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFRD2
Nordea 1 Heracles Long/Short MI AP EUR
Initial charge3.5%
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.22%
Total expense ratio (TER)3.04%
Bid price-
Offer price-
Mid price60.86
CurrencyEUR
Price updated29/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeC6X9
Nordea 1 Heracles Long/Short MI BI EUR
Initial charge3.5%
Annual charge1.2%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.35%
Total expense ratio (TER)1.57%
Bid price-
Offer price-
Mid price66.94
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDGD3
Nordea 1 Heracles Long/Short MI BI USD
Initial charge3.5%
Annual charge1.2%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.35%
Total expense ratio (TER)1.57%
Bid price-
Offer price-
Mid price75.1
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFR3F
Nordea 1 Heracles Long/Short MI BP EUR
Initial charge3.5%
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.22%
Total expense ratio (TER)2.37%
Bid price-
Offer price-
Mid price62.77
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDGD4
Nordea 1 Heracles Long/Short MI E EUR
Initial charge3.5%
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.97%
Total expense ratio (TER)2.99%
Bid price-
Offer price-
Mid price59.74
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF2Y5
Nordea 1 Heracles Long/Short MI HB CHF
Initial charge3.5%
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.23%
Total expense ratio (TER)2.28%
Bid price-
Offer price-
Mid price89.92
CurrencyCHF
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG2U8
Nordea 1 Heracles Long/Short MI HB NOK
Initial charge3.5%
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.22%
Total expense ratio (TER)2.27%
Bid price-
Offer price-
Mid price612.44
CurrencyNOK
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF2Y6
Nordea 1 Heracles Long/Short MI HBC EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price63.49
CurrencyEUR
Price updated13/12/2010
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeG2U7
Nordea 1 Heracles Long/Short MI HBI USD
Initial charge3.5%
Annual charge1.2%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.29%
Total expense ratio (TER)1.33%
Bid price-
Offer price-
Mid price74.42
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFUKV
Nordea 1 Heracles Long/Short MI X EUR
Initial charge-
Annual charge-
Min single investment£25,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.15%
Total expense ratio (TER)0.15%
Bid price-
Offer price-
Mid price79.77
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDGU2
Data provided by

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