Fact sheet: Odin Norden

Fund information
Fund name
Odin Norden NOK
Fund manager company
Odin Forvaltning AS
Fund type
No data available.
Fund managers
  • Truls Haugensince 31/05/1990
  • Jarle Sjosince 31/05/2014
  • Vegard Soraunetsince 31/05/2014
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
  • VINX Benchmark Cap NOK NI
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
-4.6%
1 Year rank in sector
79/100
Sector
FO Equity - Europe ex UK
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%
Fund size
£10,512m
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.
114
Top in this sector
Fund name1 Year
JB Mltstck Erlnd Vl Stck45.3%
Waverton European Income26.6%
Oyster Cont Euro Select24%
Guinness European Eq Inc23.8%
J Chahine Dgtl Str Eur Ex UK21.5%
...more in FO Equity - Europe ex UK

Performance snapshot

Holdings snapshot

  • Sweden51.7%
    Finland15.9%
    Norway13.5%
    Denmark13.3%
    USA4.8%
  • Industrials32.6%
    Consumer Discretionary23.1%
    Financials19.2%
    Consumer Staples9.1%
    Materials7.1%
  • Swedish Equities51.7%
    Finnish Equities15.9%
    Norwegian Equities13.5%
    Danish Equities13.3%
    US Equities4.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund5.2%-4.3%-3.8%-4.6%45.7%112%
Sector2.7%0.4%2.9%0.3%21.7%71.2%
Rank within sector17 / 10597 / 10598 / 10479 / 1004 / 894 / 80
Quartile1st4th4th4th1st1st
Calendar performance
 YTD - 20162015201420132012
Fund-5.7%33.2%13.6%31.2%10.8%
Sector0.5%12.7%3.5%23.2%17.8%
Rank within sector83 / 1002 / 915 / 8913 / 8375 / 79
Quartile4th1st1st1st4th
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.
8.4
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.
0.79
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.
0.77
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%.
11.72
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.
7.34
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.
0.97
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.
0.66
Price movement
52 week high2315.28
52 week low1992.75
Current bid price-
Current offer price-
Current mid price2182.4
Region
1Sweden51.67%
2Finland15.86%
3Norway13.54%
4Denmark13.3%
5USA4.82%
6Others0.81%
Industry sector
1Industrials32.56%
2Consumer Discretionary23.14%
3Financials19.21%
4Consumer Staples9.07%
5Materials7.09%
6Health Care5.57%
7Information Technology2.56%
8Others0.8%
Asset type
1Swedish Equities51.67%
2Finnish Equities15.86%
3Norwegian Equities13.54%
4Danish Equities13.3%
5US Equities4.82%
6International Equities0.81%
Individual holdings
1NOVO NORDISK A/S5.57%
2HENNES & MAURITZ AB5.38%
3AUTOLIV INC4.82%
4PANDORA AS4.58%
5ATLAS COPCO AB4.28%
6SWECO AB4.23%
7HUHTAMAKI OYJ4.06%
8NORDEA BANK AB3.7%
9SAMPO a3.69%
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
  • VINX Benchmark Cap NOK NI
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Truls Haugen31/05/1990Truls Haugen is a Senior portfolio manager and has worked in ODIN since 1996. Until spring 2000, Truls worked as an analyst, where he analysed share companies in the Nordic region. On 1 March 2000, Truls took over the management of ODIN Finland and since November 2004 has also managed ODIN Europa SMB. Truls has qualifications in both engineering and business administration in addition to being an authorised financial analyst. Truls has previously worked as an analyst.Truls Haugen has received several awards for his management of Finnish shares, and ODIN Finland has been named the best Finnish fund for several years running.
Jarle Sjo31/05/2014Jarle Sjo is portfolio manager for Norwegian equities. He joined DNB Asset Management in 2016. Sjo came from ODIN Forvaltning where he also was portfolio manager responsible for ODIN Norge and partial responsibility for ODIN Norden. Sjo acted also as CIO in ODIN Forvaltning in the period 2012-2014. He has worked eleven years as an analyst within the energy sector. He also has extensive experience in portfolio management, both here in Norway and London. Sjo holds an MBA from the University of Stirling and has completed studies “Høyere Avdeling from NHH” (Norges Handelshøyskole).
Vegard Soraunet31/05/2014Vegard Søraunet began as an analyst with ODIN in May 2006. He became portfolio manager for the funds ODIN Global and ODIN Global SMB on the 1st of January 2010. He has been co-manager for these funds since December 2007.Vegard holds a degree in business administration from the Norwegian School of Management, specialising in finance. He also has a master's degree in accounts and has worked in auditing, Financial Services.
Compliance
Reporting Fund Status, UCITS III Compliant
Domicile
No data available.
Fund for sale in
Finland, United Kingdom, Netherlands, Norway, Offshore, Sweden
Odin Norden CHF
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price205.34
CurrencyCHF
Price updated17/06/2010
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeO036
Odin Norden EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price243.2
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeO037
Odin Norden FIM
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price797.28
CurrencyFIM
Price updated18/12/2009
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQ135
Odin Norden GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price205.486
CurrencyGBP
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK8T7
Odin Norden NOK
Initial charge-
Annual charge2%
Min single investment£3,000
Min regular saving£300
Available in ISANo
Ongoing charge (OCF)2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price2182.4
CurrencyNOK
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeO034
Odin Norden SEK
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price2360.12
CurrencySEK
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeO035
Data provided by

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