Fact sheet: Nordea 1 Nordic Strs Eq

Fund information
Fund name
Nordea 1 Nordic Stars Equity BP EUR
Fund manager company
Nordea
Fund type
Offshore Fund
Fund managers
  • Mats J. Anderssonsince 14/01/2016
Fund objective
This Sub-fund aims to achieve long-term capital growth by investing mainly in a diversified portfolio of equity or Equities Related Securities of companies, which are domiciled or exercise the predominant part of their economic activity in the Nordic countries. The fund is managed by the Fundamental Equities Team, based in Stockholm, focusing on fundamental bottom-up research. Alpha is generated through stock selection and by actively incorporating an ESG based analysis as part of the investment process.
Benchmark
  • No Specified Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
-7%
1 Year rank in sector
70/92
Sector
FO Equity - Europe Single Country
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.
1.91%
Fund size
£45m (£40m 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.
113
Top in this sector
Fund name1 Year
Pictet Russian Equities78.9%
HSBC GIF Russia Equity62.5%
Pictet Russia Index58.8%
Baring Russia54.9%
SEB 2 Russia39.4%
...more in FO Equity - Europe Single Country

Performance snapshot

Holdings snapshot

  • Sweden36.4%
    Finland24%
    Norway14.6%
    Denmark12.2%
    Money Market5.6%
  • Industrials26.2%
    Consumer Discretionary21.4%
    Financials18%
    Health Care11.1%
    Information Technology6.6%
  • Swedish Equities35.7%
    Finnish Equities23.1%
    Danish Equities15.9%
    Norwegian Equities14.3%
    US Equities5.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.7%-4.2%-3.8%-7%--
Sector2.6%-1.4%3%2.2%17.8%57.4%
Rank within sector32 / 9366 / 9374 / 9370 / 92--
Quartile2nd3rd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-5.9%12.3%---
Sector4.1%9.2%1.7%17.5%18.4%
Rank within sector68 / 9342 / 89---
Quartile3rd2nd
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 high118.44
52 week low96.97
Current bid price-
Current offer price-
Current mid price109.62
Region
1Sweden36.41%
2Finland23.98%
3Norway14.62%
4Denmark12.24%
5Money Market5.57%
6USA3.99%
7UK1.68%
8Switzerland1.52%
Industry sector
1Industrials26.15%
2Consumer Discretionary21.41%
3Financials18.04%
4Health Care11.07%
5Information Technology6.58%
6Money Market5.57%
7Telecommunications Utilities4.87%
8Consumer Staples3.23%
9Energy1.77%
Asset type
1Swedish Equities35.66%
2Finnish Equities23.11%
3Danish Equities15.9%
4Norwegian Equities14.29%
5US Equities5.49%
6Money Market2.94%
7UK Equities1.61%
8Swiss Equities1%
Individual holdings
1NOVO NORDISK A/S7.07%
2SAMPO6.43%
3ATLAS COPCO AB5.74%
4NOKIA CORP4%
5AUTOLIV INC3.99%
6VOLVO(AB)3.45%
7SKANDINAVISKA ENSKILDA BANKEN3.08%
8TELE2 AB3.03%
9GJENSIDIGE FORSIKRING ASA2.93%
Management
Fund manager group
Nordea
Fund manager company
Nordea
Fund type
Offshore Fund
Fund objective
This Sub-fund aims to achieve long-term capital growth by investing mainly in a diversified portfolio of equity or Equities Related Securities of companies, which are domiciled or exercise the predominant part of their economic activity in the Nordic countries. The fund is managed by the Fundamental Equities Team, based in Stockholm, focusing on fundamental bottom-up research. Alpha is generated through stock selection and by actively incorporating an ESG based analysis as part of the investment process.
Benchmark
  • No Specified Index
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Mats J. Andersson14/01/2016
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, Finland, France, United Kingdom, Italy, Lithuania, Luxembourg, Netherlands, Norway, Offshore, Portugal, Sweden
Nordea 1 Nordic Stars Equity BI EUR
Initial charge5%
Annual charge1%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.27%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price111.2
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFMIK
Nordea 1 Nordic Stars Equity BI SEK
Initial charge5%
Annual charge1%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.27%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price1089.87
CurrencySEK
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE17L
Nordea 1 Nordic Stars Equity BP EUR
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.91%
Total expense ratio (TER)1.88%
Bid price-
Offer price-
Mid price109.62
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFMIL
Nordea 1 Nordic Stars Equity BP NOK
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.91%
Total expense ratio (TER)1.88%
Bid price-
Offer price-
Mid price984.95
CurrencyNOK
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFMIM
Nordea 1 Nordic Stars Equity BP SEK
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.91%
Total expense ratio (TER)1.88%
Bid price-
Offer price-
Mid price1074.39
CurrencySEK
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFMIN
Nordea 1 Nordic Stars Equity E EUR
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.61%
Total expense ratio (TER)2.58%
Bid price-
Offer price-
Mid price107.85
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFMII
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