Fact sheet: Nordea 1 Alpha 15

Fund information

Fund name
Nordea 1 Alpha 15 BP EUR
Fund company manager
Nordea
Fund type
SIB
Fund manager
Asbjorn Trolle Hansen
since 15/06/2011
Fund objective
The fund uses numerous types of low-correlation investment strategies to provide dynamic exposure to multiple asset classes, within a universe consisting of a subset of equities, fixed income securities and currencies. The fund will implement the different strategies through pair trades, which combine a long position that is offset by a short position. Over time, the fund is aiming at building a market neutral portfolio. The product employs strict risk management guidelines with focus on risk-adjusted returns. It thereby offers investors a highly diversified portfolio with a high level of downside risk protection that translates into an ex-ante volatility target of 15%.
Benchmark
No Specified Index
Investment style
Absolute Return,Multi Strategy
Investment method
Mixed

Quick stats

1 Year return

0.36 %

1 Year rank in sector

83/146

Sector

FO Hedge/Stru Prod - Mixed

Yield
-
Fund size

£ 751.3 m

FE Risk score

118

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Money Market
    34.73%
  • USA
    24.97%
  • Germany
    7.49%
  • China
    5.41%
  • India
    4.56%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.73 %2.74 %0.36 %23.76 %39.43 %
Sector0.32 %1.09 %1.18 %2.63 %7.51 %
Rank within sector135 / 14933 / 16383 / 14614 / 999 / 75
Quartile th4 th1 st3 rd1 st1 st

Calendar performance

YTD-20172016201520142013
Fund8.16 %13.19 %7.6 %1.61 %-2.88 %
Sector1.98 %-0.53 %-0.64 %5.08 %1.38 %
Rank within sector10 / 1606 / 1298 / 10659 / 9168 / 80
Quartile th1 st1 st1 st3 rd4 th

Risk statistics

Alpha6.32
Beta2.42
Sharpe0.41
Volatility9.75
Tracking error8.97
Information ratio0.76
R-Squared0.23

Price movement

52 week high70.94
52 week low61.63
Current bid price0
Current offer price0
Current mid price68.96

Holdings by region

  • 34.73% Money Market
  • 24.97% USA
  • 7.49% Germany
  • 5.41% China
  • 4.56% India
  • 4.47% Korea
  • 3.91% UK
  • 2.24% Japan
  • 2% Taiwan
  • 1.49% Canada

Holdings by sector

-

Holdings by asset type

-

Individual holdings

-