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

1.08 %

1 Year rank in sector

92/152

Sector

FO Hedge/Stru Prod - Mixed

Yield
-
Fund size

£ 754.2 m

FE Risk score

120

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Money Market
    33.78%
  • USA
    21.4%
  • Germany
    13.74%
  • China
    5.18%
  • India
    4.66%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund2.39 %-0.86 %1.08 %22.71 %32.08 %
Sector0.72 %1.5 %2.54 %2.51 %7.96 %
Rank within sector14 / 154131 / 16892 / 15211 / 10213 / 77
Quartile th1 st4 th3 rd1 st1 st

Calendar performance

YTD-20172016201520142013
Fund8.81 %13.19 %7.6 %1.61 %-2.88 %
Sector2.55 %-0.53 %-0.64 %5.08 %1.38 %
Rank within sector10 / 1626 / 1298 / 10661 / 9168 / 80
Quartile th1 st1 st1 st3 rd4 th

Risk statistics

Alpha6.16
Beta2.35
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 price69.38

Holdings by region

  • 33.78% Money Market
  • 21.4% USA
  • 13.74% Germany
  • 5.18% China
  • 4.66% India
  • 4.35% Korea
  • 3.24% UK
  • 1.85% Taiwan
  • 1.77% Japan
  • 1.53% Canada

Holdings by sector

-

Holdings by asset type

-

Individual holdings

-