Fact sheet: Nordea 1 European Val

Fund information

Fund name
Nordea 1 European Value BP EUR
Fund company manager
Nordea
Fund type
SIB
Fund manager(s)
Tom Stubbe Olsen
since 28/07/2017
Cédric Jacque
since 28/07/2017
Fund objective
The fund seeks to provide durable positive absolute returns by applying a disciplined value style approach. The managers consider themselves as business rather than stock market investors. Their approach concentrates on long-term investment and not on market specific factors and short-term phenomena. This means focussing on selecting businesses that will offer upside potential with limited downside risk. The belief that certain businesses have a greater earning power forms the basis of this process. Earning power is defined as a company‘s ability to generate substantial discretionary free cash flow over a sustained period of time. The managers believe that only in this way can a company generate wealth for its shareholders, and provide long-term capital appreciation. Investments are made on a business by business basis, irrespective of market capitalisation, sector or industry, and only when share prices represent a significant discount to the intrinsic value of the business.
Benchmark
MSCI Europe
Investment style
Value
Investment method
Shares

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

13.54 %

1 Year rank in sector

163/226

Sector

FO Equity - Europe inc UK

Yield
-
Fund size

£ 1.5 b

FE Risk score

99

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    18.44%
  • Money Market
    16.08%
  • Denmark
    13.43%
  • Sweden
    10.91%
  • Switzerland
    9.52%
  • Industrials
    21.51%
  • Consumer Discretionary
    19.43%
  • Money Market
    16.08%
  • Energy
    10.44%
  • Information Technology
    9.79%
  • UK Equities
    18.44%
  • Money Market
    16.08%
  • Danish Equities
    13.43%
  • Swedish Equities
    10.91%
  • Swiss Equities
    9.52%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund1.12 %1.97 %13.54 %38.22 %58.87 %
Sector1.91 %6.12 %15.84 %32.91 %59.1 %
Rank within sector206 / 237210 / 233163 / 22668 / 20193 / 175
Quartile th4 th4 th3 rd2 nd3 rd

Calendar performance

YTD-20172016201520142013
Fund7.15 %3.93 %13.4 %5.12 %14.61 %
Sector11.54 %-0.56 %11.08 %4.22 %21.06 %
Rank within sector194 / 23145 / 22070 / 203103 / 194158 / 178
Quartile th4 th1 st2 nd3 rd4 th

Risk statistics

Alpha2.4
Beta0.94
Sharpe0.47
Volatility12.38
Tracking error4.02
Information ratio0.48
R-Squared0.9

Price movement

52 week high62.23
52 week low51.46
Current bid price0
Current offer price0
Current mid price61.15

Holdings by region

  • 18.44% UK
  • 16.08% Money Market
  • 13.43% Denmark
  • 10.91% Sweden
  • 9.52% Switzerland
  • 9.2% Germany
  • 8.09% Italy
  • 3.05% Netherlands
  • 2.91% France
  • 2.07% Austria

Holdings by sector

  • 21.51% Industrials
  • 19.43% Consumer Discretionary
  • 16.08% Money Market
  • 10.44% Energy
  • 9.79% Information Technology
  • 7.82% Health Care
  • 6.24% Financials
  • 4.61% Consumer Staples
  • 2.46% Materials
  • 1.62% Real Estate

Holdings by asset type

  • 18.44% UK Equities
  • 16.08% Money Market
  • 13.43% Danish Equities
  • 10.91% Swedish Equities
  • 9.52% Swiss Equities
  • 9.2% German Equities
  • 8.09% Italian Equities
  • 3.05% Dutch Equities
  • 2.91% French Equities
  • 2.07% Austrian Equities

Individual holdings

  • 4.68% NKT AS
  • 3.62% AP MOLLER-MAERSK A/S
  • 3.58% SAP SE
  • 3.12% NOVO NORDISK A/S
  • 3.05% UNILEVER NV
  • 2.91% LVMH MOET HENNESSY VUITTON SE
  • 2.84% SENIOR PLC
  • 2.77% COMPAGNIE FINANCIERE RICHEMONT SA
  • 2.73% ROYAL DUTCH SHELL
  • 2.7% TELEFONAKTIEBOLAGET LM ERICSSON