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

29.33 %

1 Year rank in sector

25/38

Sector

FO Equity - Greater China

Yield
-
Fund size

£ 206.9 m

FE Risk score

147

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • China
    71.7%
  • Taiwan
    19.86%
  • Hong Kong
    5.9%
  • Money Market
    2.05%
  • USA
    0.5%
  • Information Technology
    40.85%
  • Financials
    14.86%
  • Consumer Discretionary
    11.24%
  • Health Care
    9.29%
  • Industrials
    7.51%
  • Chinese Equities
    70.5%
  • Taiwanese Equities
    20.46%
  • Hong Kong Equities
    6.6%
  • Money Market
    1.71%
  • US Equities
    0.53%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund4.14 %24.67 %29.33 %38.36 %0 %
Sector3.98 %23.85 %31.77 %40.49 %65.6 %
Rank within sector17 / 3817 / 3825 / 3826 / 36 /
Quartile th2 nd2 nd3 rd3 rd th

Calendar performance

YTD-20172016201520142013
Fund40.32 %0.29 %-4.63 %4.1 %0 %
Sector39.99 %0.69 %-4.99 %4.61 %10.66 %
Rank within sector20 / 3823 / 3822 / 3621 / 35 /
Quartile th3 rd3 rd3 rd3 rd th

Risk statistics

Alpha-0.01
Beta0.95
Sharpe0.34
Volatility17.44
Tracking error3.36
Information ratio-0.13
R-Squared0.96

Price movement

52 week high139.77
52 week low97.8
Current bid price0
Current offer price0
Current mid price139.77

Holdings by region

  • 71.7% China
  • 19.86% Taiwan
  • 5.9% Hong Kong
  • 2.05% Money Market
  • 0.5% USA

Holdings by sector

  • 40.85% Information Technology
  • 14.86% Financials
  • 11.24% Consumer Discretionary
  • 9.29% Health Care
  • 7.51% Industrials
  • 6.92% Consumer Staples
  • 2.5% Materials
  • 2.05% Money Market
  • 1.68% Telecommunications Utilities
  • 1.64% Real Estate

Holdings by asset type

  • 70.5% Chinese Equities
  • 20.46% Taiwanese Equities
  • 6.6% Hong Kong Equities
  • 1.71% Money Market
  • 0.53% US Equities
  • 0.2% Luxembourg Equities

Individual holdings

  • 9.68% TENCENT HLDGS LTD
  • 7.7% ALIBABA GROUP HLDG LTD
  • 7.24% TAIWAN SEMICONDUCTOR MANUFACTURING
  • 4.63% CHINA CONSTRUCTION BANK
  • 4.09% CHINA RESOURCES PHARMACEUTICAL GR
  • 3.58% NETEASE INC
  • 3.21% DADI EARLY-CHILDHOOD EDUCATION GROUP
  • 3.18% AIA GROUP LTD
  • 2.99% SILERGY CORP
  • 2.86% PING AN INSURANCE(GR)CO OF CHINA