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(s)
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

2.4 %

1 Year rank in sector

87/150

Sector

FO Hedge/Stru Prod - Mixed

Yield
-
Fund size

£ 761.6 m

FE Risk score

121

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Money Market
    29.65%
  • USA
    24.76%
  • Germany
    13.36%
  • China
    5.9%
  • Korea
    4.29%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.53 %0.31 %2.4 %32.84 %31.5 %
Sector0.65 %2.68 %3.42 %4.36 %9.16 %
Rank within sector87 / 153134 / 16987 / 15010 / 10115 / 75
Quartile th3 rd4 th3 rd1 st1 st

Calendar performance

YTD-20172016201520142013
Fund10.19 %13.19 %7.6 %1.61 %-2.88 %
Sector3.31 %-0.53 %-0.64 %5.08 %1.38 %
Rank within sector9 / 1616 / 1268 / 10359 / 8865 / 77
Quartile th1 st1 st1 st3 rd4 th

Risk statistics

Alpha6.07
Beta2.34
Sharpe0.41
Volatility9.74
Tracking error8.98
Information ratio0.75
R-Squared0.22

Price movement

52 week high70.94
52 week low61.63
Current bid price0
Current offer price0
Current mid price70.26

Holdings by region

  • 29.65% Money Market
  • 24.76% USA
  • 13.36% Germany
  • 5.9% China
  • 4.29% Korea
  • 4.01% India
  • 3.74% UK
  • 2.06% Japan
  • 1.85% Taiwan
  • 1.68% Canada

Holdings by sector

-

Holdings by asset type

-

Individual holdings

-