Fact sheet: Nordea 1 Chinese Equity

Fund information

Fund name
Nordea 1 Chinese Equity BP USD
Fund company manager
Nordea
Fund type
SIB
Fund manager(s)
Jorry Rask Nøddekær
since 29/11/2013
Fund objective
This Sub-fund aims to achieve long-term capital growth by investing in Chinese stocks (PRC, Hong Kong and Taiwan). The Sub-fund is managed in accordance with the International Focus Equities Concept, an investment process which focuses on in-depth analysis of company fundamentals when selecting an investment target. The process seeks to identify attractively valued equities of companies with strong fundamentals. The process focuses on equities which, in the portfolio manager's view, are undervalued in relation to the company´s ability to generate cash flow over the long term.
Benchmark
MSCI Golden Dragon
Investment style
Growth
Investment method
Shares

Quick stats

1 Year return

42.54 %

1 Year rank in sector

11/40

Sector

FO Equity - Greater China

Yield
-
Fund size

£ 244.1 m

FE Risk score

144

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • China
    67.87%
  • Taiwan
    21.12%
  • Hong Kong
    8.27%
  • Money Market
    2.33%
  • USA
    0.41%
  • Information Technology
    40.73%
  • Financials
    17.71%
  • Consumer Discretionary
    11.39%
  • Health Care
    9.42%
  • Industrials
    7.28%
  • Chinese Equities
    65.16%
  • Taiwanese Equities
    22.49%
  • Hong Kong Equities
    9.69%
  • Money Market
    2.18%
  • US Equities
    0.48%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-2.68 %18.9 %42.54 %43.62 %0 %
Sector-3.07 %15.19 %36.16 %40.81 %64.35 %
Rank within sector7 / 408 / 4011 / 4022 / 36 /
Quartile th1 st1 st2 nd3 rd th

Calendar performance

YTD-20182017201620152014
Fund5.2 %48 %0.29 %-4.63 %4.1 %
Sector5.1 %43.6 %0.69 %-4.99 %4.61 %
Rank within sector23 / 4015 / 4024 / 3823 / 3621 / 34
Quartile th3 rd2 nd3 rd3 rd3 rd

Risk statistics

Alpha1.65
Beta0.96
Sharpe0.63
Volatility18.08
Tracking error3.36
Information ratio0.33
R-Squared0.97

Price movement

52 week high162.52
52 week low107.05
Current bid price0
Current offer price0
Current mid price155.08

Holdings by region

  • 67.87% China
  • 21.12% Taiwan
  • 8.27% Hong Kong
  • 2.33% Money Market
  • 0.41% USA

Holdings by sector

  • 40.73% Information Technology
  • 17.71% Financials
  • 11.39% Consumer Discretionary
  • 9.42% Health Care
  • 7.28% Industrials
  • 4.55% Consumer Staples
  • 2.33% Money Market
  • 2.18% Real Estate
  • 1.59% Materials
  • 1.5% Telecommunications Utilities

Holdings by asset type

  • 65.16% Chinese Equities
  • 22.49% Taiwanese Equities
  • 9.69% Hong Kong Equities
  • 2.18% Money Market
  • 0.48% US Equities

Individual holdings

  • 9.73% TENCENT HLDGS LTD
  • 8.35% ALIBABA GROUP HLDG LTD
  • 7.09% TAIWAN SEMICONDUCTOR MANUFACTURING
  • 6.65% CHINA CONSTRUCTION BANK
  • 3.95% MEDIA TEK INC
  • 3.68% JD.COM INC
  • 3.37% AIA GROUP LTD
  • 3.21% NETEASE INC
  • 3.03% DADI EARLY-CHILDHOOD EDUCATION GROUP
  • 3.01% TONG REN TANG TECHNOLOGIES CO