Fact sheet: SEB 2 Nordic Focus

Fund information
Fund name
SEB 2 Nordic Focus C EUR
Fund manager company
SEB Asset Management SA
Fund type
No data available.
Fund manager
  • Caroline Forsbergsince 06/12/2007
Fund objective
This equity fund invests with focus on companies in the Nordic region. The fund's portfolio normally contains a limited number of holdings divided into five parts whereas two are invested in Sweden, one in Finland, one in Denmark and one in Norway. In terms of investment decisions, the portfolio manager is supported by sub-portfolio managers in Sweden, Finland and Denmark. Portfolio managers base their company analysis and stock selection on the investment process. The investment process has a fundamental approach which includes company visits, prospective as well as currently invested in, on a regular basis. The fund's return may differ significantly from its index and the funds expected return could be higher but also the risk involved. A minimum of 75 percent of the fund's assets are invested in equities and equity-related instruments issued by companies in the European economic area. Since the fund invests in securities that are issued in other currencies than the base currency of the fund the return may be affected by changes in the exchange rates.
Benchmark
  • VINXTop100 Equal Weight
Investment style
Concentrated
Investment method
Shares
Quick stats
1 Year return
14.4%
1 Year rank in sector
21/98
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.
1.43%
Fund size
£46m
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.
106
Top in this sector
Fund name1 Year
J Chahine Dgtl Str Eur Ex UK32.9%
Waverton European Income32.6%
Oyster Cont Euro Select32.1%
Hermes ErEUKEq31.7%
Guinness European Eq Inc28.7%
...more in FO Equity - Europe ex UK

Performance snapshot

Holdings snapshot

  • Europe ex UK100%
  • Industrials46%
    Consumer Staples17%
    Consumer Discretionary15%
    Financials12%
    Health Care5%
  • Europe ex UK Equities100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.6%4.6%5%14.4%44.9%130.1%
Sector1.2%4%4.6%4.2%22.2%84.6%
Rank within sector35 / 10426 / 10333 / 10221 / 985 / 874 / 80
Quartile2nd2nd2nd1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund1.8%29.7%10.8%7.5%30.3%
Sector-0.8%12.7%3.5%23.2%17.8%
Rank within sector26 / 1013 / 937 / 9080 / 845 / 81
Quartile2nd1st1st4th1st
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.
7.81
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.
0.82
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.
1.01
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%.
11.58
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.
5.94
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.
1.04
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.
0.76
Price movement
52 week high180.45
52 week low148.89
Current bid price-
Current offer price-
Current mid price177.99
Region
1Europe ex UK100%
Industry sector
1Industrials46%
2Consumer Staples17%
3Consumer Discretionary15%
4Financials12%
5Health Care5%
6Materials5%
Asset type
1Europe ex UK Equities100%
Individual holdings
1BAKKAFROST P/F4.96%
2CARGOTEC CORP4.89%
3DSV4.89%
4NOVO-NORDISK AS4.83%
5KESKO OYJ4.77%
6PANDORA AS4.63%
7SWEDBANK AB4.61%
8TOMRA SYSTEMS ASA4.51%
9DFDS AS4.48%
Management
Fund manager group
SEB Asset Management
Fund manager company
SEB Asset Management SA
Fund type
No data available.
Fund objective
This equity fund invests with focus on companies in the Nordic region. The fund's portfolio normally contains a limited number of holdings divided into five parts whereas two are invested in Sweden, one in Finland, one in Denmark and one in Norway. In terms of investment decisions, the portfolio manager is supported by sub-portfolio managers in Sweden, Finland and Denmark. Portfolio managers base their company analysis and stock selection on the investment process. The investment process has a fundamental approach which includes company visits, prospective as well as currently invested in, on a regular basis. The fund's return may differ significantly from its index and the funds expected return could be higher but also the risk involved. A minimum of 75 percent of the fund's assets are invested in equities and equity-related instruments issued by companies in the European economic area. Since the fund invests in securities that are issued in other currencies than the base currency of the fund the return may be affected by changes in the exchange rates.
Benchmark
  • VINXTop100 Equal Weight
Investment style
Concentrated
Investment method
Shares
Fund manager
NameSinceBiography
Caroline Forsberg06/12/2007
Compliance
Transparent for Swiss Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Finland, France, United Kingdom, Lithuania, Luxembourg, Latvia, Netherlands, Norway, Offshore, Sweden
SEB 2 Nordic Focus C EUR
Initial charge1%
Annual charge1.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.43%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price177.987
CurrencyEUR
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBMN9
SEB 2 Nordic Focus C NOK
Initial charge1%
Annual charge1.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.43%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price205.338
CurrencyNOK
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBMO0
SEB 2 Nordic Focus C SEK
Initial charge-
Annual charge1.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.43%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price181.828
CurrencySEK
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBMO1
SEB 2 Nordic Focus C SEK EUR
Initial charge-
Annual charge1.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.43%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price18.9708
CurrencyEUR
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code065L
SEB 2 Nordic Focus C SEK NOK
Initial charge-
Annual charge1.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.43%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price175.7476
CurrencyNOK
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code065M
Data provided by

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