Fact sheet: Odin Eiendom

Fund information
Fund name
Odin Eiendom NOK
Fund manager company
Odin Forvaltning AS
Fund type
No data available.
Fund managers
  • Nils Petter Hollekimsince 23/08/2000
  • Thomas Nielsensince 31/07/2014
Fund objective
The long-term objective of the fund is to provide a higher return than the benchmark index that the fund is being compared against.
Benchmark
  • Carnegie Sweden Real Estate Index
Investment style
No data available.
Investment method
Shares
Quick stats
1 Year return
0.5%
1 Year rank in sector
18/29
Sector
FO Property - Europe
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.
1.02%
Fund size
£1,041m
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.
116
Top in this sector
Fund name1 Year
Darwin Lesr Prop12.4%
Curzon Cap Poland Gear Gth Cell12.3%
Castle Trust GrtLoGrHo5Yr11.1%
Castle Trust GrtLonFouHo10Yr11.1%
Castle Trust UKFounHo10Yr8.9%
...more in FO Property - Europe

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.4%-16.6%-6%0.5%56.3%144.5%
Sector-0.7%-4.9%-3.1%-0.4%17.5%26.7%
Rank within sector14 / 2127 / 2722 / 2918 / 291 / 191 / 16
Quartile3rd4th4th3rd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund-5.9%28.3%28.3%31.2%18.6%
Sector-0.5%7.4%9.7%4%3.9%
Rank within sector21 / 271 / 233 / 211 / 206 / 18
Quartile4th1st1st1st2nd
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.
2.39
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.
2.58
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.
0.84
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%.
15.95
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.
12.55
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.
0.84
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.
0.6
Price movement
52 week high827.63
52 week low645.1
Current bid price-
Current offer price-
Current mid price687.85
Region
1Sweden78.35%
2Norway8.55%
3Finland7.36%
4Others3.91%
5Denmark1.83%
Industry sector
1Property Shares100%
Asset type
1Property Shares100%
Individual holdings
1BALDER IMMOBILIEN AG8.98%
2WIHLBORG FASTIGHETER AB(PUBL)8.98%
3SAGAX AB8.8%
4HEMFOSA FASTIGHETER AB8.52%
5ENTRA ASA4.55%
6SPONDA OYJ4.54%
7CATENA AB4.53%
8OLAV THON EIENDOMSSELSKAP4.53%
9WALLENSTAM BYGGNADS -B-4.43%
Management
Fund manager group
Odin Forvaltning
Fund manager company
Odin Forvaltning AS
Fund type
No data available.
Fund objective
The long-term objective of the fund is to provide a higher return than the benchmark index that the fund is being compared against.
Benchmark
  • Carnegie Sweden Real Estate Index
Investment style
No data available.
Investment method
Shares
Fund managers
NameSinceBiography
Nils Petter Hollekim23/08/2000Nils Petter Hollekim is a Senior portfolio manager and has worked in ODIN since spring 1996, taking over management responsibility for ODIN Sverige in 2000. Nils Petter has also managed ODIN Eiendom since the fund was established and ODIN Norden since 2 March 2005.Nils Petter holds a degree in business administration from Sweden. He has previously worked as an investment adviser, analyst and portfolio manager, and has held posts as managing director in two companies.Nils Petter Hollekim has received several awards for his management of both Swedish and Nordic shares. Nils Petter has been named the Nordic champion as manager of ODIN Norden. ODIN Sverige has been named the best Swedish fund for a number of years running.
Thomas Nielsen31/07/2014Thomas Nielsen is responsible steward for ODIN Eiendom and comanager on ODIN Norway . Thomas holds an MBA with a Master in Financial Economics . He has a good knowledge of real estate companies in the Norwegian and Nordic equity market and has previously worked as an analyst in Equity Finance , Kautphing and Pareto before joining ODIN in August 2013 .
Compliance
Reporting Fund Status, UCITS III Compliant
Domicile
No data available.
Fund for sale in
Finland, United Kingdom, Norway, Offshore, Sweden
Odin Eiendom EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.02%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price76.453
CurrencyEUR
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeO065
Odin Eiendom FIM
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.02%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price199.81
CurrencyFIM
Price updated18/12/2009
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeQ131
Odin Eiendom GBP
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.02%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price64.501
CurrencyGBP
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeK8S1
Odin Eiendom NOK
Initial charge-
Annual charge1%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.02%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price687.85
CurrencyNOK
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeO063
Odin Eiendom SEK
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.02%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price749.7
CurrencySEK
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeO064
Data provided by

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