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

4.99 %

1 Year rank in sector

40/148

Sector

FO Hedge/Stru Prod - Mixed

Yield
-
Fund size

£ 732.9 m

FE Risk score

119

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
Fund0.01 %9.29 %5.17 %22.09 %37.44 %
Sector-0.17 %1.73 %1.57 %2.15 %7.28 %
Rank within sector63 / 1534 / 16540 / 14811 / 1008 / 79
Quartile th2 nd1 st2 nd1 st1 st

Calendar performance

YTD-20172016201520142013
Fund9.74 %13.19 %7.6 %1.61 %-2.88 %
Sector1.74 %-0.53 %-0.64 %5.08 %1.38 %
Rank within sector4 / 1626 / 1307 / 10760 / 9270 / 82
Quartile th1 st1 st1 st3 rd4 th

Risk statistics

Alpha5.86
Beta2.34
Sharpe0.36
Volatility9.75
Tracking error9
Information ratio0.71
R-Squared0.22

Price movement

52 week high70.94
52 week low61.63
Current bid price0
Current offer price0
Current mid price69.97

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

-