Fact sheet: Odin Norge

Fund information
Fund name
Odin Norge NOK
Fund manager company
Odin Forvaltning AS
Fund type
No data available.
Fund managers
  • Nils Petter Hollekimsince 25/06/1992
  • Jarle Sjosince 31/05/2014
Fund objective
The fund is an index-independent fund and can freely invest in companies which are listed or have their head office or origins in Norway. 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
  • Oslo Børs Fondsindex
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
13.6%
1 Year rank in sector
15/91
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.
2%
Fund size
£5,460m
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.
126
Top in this sector
Fund name1 Year
Pictet Russian Equities87.2%
HSBC GIF Russia Equity75.8%
Pictet Russia Index66%
Baring Russia62.1%
SEB 2 Russia49.6%
...more in FO Equity - Europe Single Country

Performance snapshot

Holdings snapshot

  • Norway95.5%
    Others4.5%
  • Financials23.3%
    Materials18.9%
    Industrials17.3%
    Energy12.2%
    Consumer Discretionary6.6%
  • Norwegian Equities92.9%
    Others7.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund5.6%9.1%11.2%13.6%38.1%76.6%
Sector3.2%-0.3%3.3%4.9%19.6%62.4%
Rank within sector20 / 9210 / 9215 / 9215 / 9121 / 8136 / 77
Quartile1st1st1st1st2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund11.8%8.8%12.6%14.5%9.4%
Sector5.7%9.2%1.7%17.5%18.4%
Rank within sector15 / 9252 / 8825 / 8158 / 7968 / 77
Quartile1st3rd2nd3rd4th
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.
7.36
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.
0.57
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.
0.68
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%.
9.59
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.
8.56
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.
0.6
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.
0.47
Price movement
52 week high2780.56
52 week low2144.64
Current bid price-
Current offer price-
Current mid price2799.71
Region
1Norway95.48%
2Others4.52%
Industry sector
1Financials23.33%
2Materials18.94%
3Industrials17.26%
4Energy12.21%
5Consumer Discretionary6.59%
6Consumer Staples5.46%
7Telecommunications Utilities5.02%
8Others4.52%
9Information Technology3.61%
Asset type
1Norwegian Equities92.92%
2Others7.08%
Individual holdings
1DNB ASA9.15%
2BORREGAARD ASA8.05%
3STATOIL ASA6.59%
4YARA INTERNATIONAL ASA6.47%
5TELENOR ASA5.02%
6SPAREBANK 1 SR-BANK ASA4.54%
7MARINE HARVEST4.44%
8NORSK HYDRO ASA4.42%
9SPAREBANK 1 SMN4.25%
Management
Fund manager group
Odin Forvaltning
Fund manager company
Odin Forvaltning AS
Fund type
No data available.
Fund objective
The fund is an index-independent fund and can freely invest in companies which are listed or have their head office or origins in Norway. 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
  • Oslo Børs Fondsindex
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Nils Petter Hollekim25/06/1992Nils 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.
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).
Compliance
Reporting Fund Status, UCITS III Compliant
Domicile
No data available.
Fund for sale in
Finland, United Kingdom, Netherlands, Norway, Offshore, Sweden
Odin Norge CHF
Initial charge-
Annual charge-
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 price347.81
CurrencyCHF
Price updated17/06/2010
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeO046
Odin Norge EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2%
Total expense ratio (TER)2%
Bid price-
Offer price-
Mid price311.991
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeO047
Odin Norge 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 price1278.3
CurrencyFIM
Price updated18/12/2009
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQ133
Odin Norge 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 price263.609
CurrencyGBP
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK8U0
Odin Norge 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 price2799.71
CurrencyNOK
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeO044
Odin Norge 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 price3027.7
CurrencySEK
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeO045
Data provided by

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