Fact sheet: Nordea 1 Gbl Stable Eq

Fund information

Fund name
Nordea 1 Global Stable Equity BP EUR
Fund company manager
Nordea
Fund type
SIB
Fund manager(s)
Robert Naess
since 15/01/2010
Claus Vorm
since 15/01/2010
Fund objective
The fund applies a unique process to construct a portfolio of boring equities with stable returns based on an objective, computer driven, quantitative stock screening model. The process identifies companies that operate in established lines of business, generating consistently stable earnings, dividends, cash flows, etc. This stability helps dampen price volatility of such companies stocks, making them less risky than the broader market. There is also a high degree of portfolio diversification with 100 to 150 stocks typically making up the portfolio, thereby adding a further layer of stability. The goal then is to offer investors the benefits of long-term return opportunities in the global equity markets, without the risk of significant capital losses in the short to medium term as is the case with conventional hot stocks.
Benchmark
No Specified Index
Investment style
None
Investment method
Shares

Quick stats

1 Year return

2.24 %

1 Year rank in sector

466/476

Sector

FO Equity - International

Yield
-
Fund size

£ 2.6 b

FE Risk score

101

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    59.42%
  • Japan
    11.51%
  • UK
    5.78%
  • France
    3.85%
  • Canada
    3.66%
  • Health Care
    21.97%
  • Information Technology
    16.89%
  • Telecommunications Utilities
    11.9%
  • Consumer Staples
    10.63%
  • Consumer Discretionary
    9.77%
  • US Equities
    59.42%
  • Japanese Equities
    11.51%
  • UK Equities
    5.78%
  • French Equities
    3.85%
  • Canadian Equities
    3.66%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund1.57 %-4.43 %2.24 %37.83 %75.02 %
Sector2.42 %8.34 %16.13 %32.48 %60.31 %
Rank within sector351 / 503497 / 498466 / 476147 / 38189 / 294
Quartile th3 rd4 th4 th2 nd2 nd

Calendar performance

YTD-20172016201520142013
Fund-1.23 %9.44 %12.64 %24.41 %19.3 %
Sector13.46 %7.94 %0.71 %5.96 %21.26 %
Rank within sector485 / 489143 / 44428 / 3969 / 347214 / 305
Quartile th4 th2 nd1 st1 st3 rd

Risk statistics

Alpha2.54
Beta0.91
Sharpe0.48
Volatility11.42
Tracking error7.9
Information ratio0.2
R-Squared0.52

Price movement

52 week high21.46
52 week low18.8
Current bid price0
Current offer price0
Current mid price20.04

Holdings by region

  • 59.42% USA
  • 11.51% Japan
  • 5.78% UK
  • 3.85% France
  • 3.66% Canada
  • 2.13% Hong Kong
  • 1.99% Netherlands
  • 1.78% Italy
  • 1.65% India
  • 1.54% Switzerland

Holdings by sector

  • 21.97% Health Care
  • 16.89% Information Technology
  • 11.9% Telecommunications Utilities
  • 10.63% Consumer Staples
  • 9.77% Consumer Discretionary
  • 7.35% Industrials
  • 6.86% Financials
  • 5.75% Utilities
  • 4.18% Real Estate
  • 2.57% Materials

Holdings by asset type

  • 59.42% US Equities
  • 11.51% Japanese Equities
  • 5.78% UK Equities
  • 3.85% French Equities
  • 3.66% Canadian Equities
  • 2.13% Hong Kong Equities
  • 1.99% Dutch Equities
  • 1.78% Italian Equities
  • 1.65% Indian Equities
  • 1.54% Swiss Equities

Individual holdings

  • 2.68% NIPPON TELEGRAPH & TELEPHONE CORP
  • 2.63% CISCO SYSTEMS INC
  • 2.63% CVS HEALTH CORP
  • 2.62% KDDI CORP
  • 2.55% AMGEN INC
  • 2.34% WALGREENS BOOTS ALLIANCE
  • 2.33% COGNIZANT TECHNOLOGY SOLUTIONS CORP
  • 2.23% VERIZON COMMUNICATIONS INC
  • 2.2% ZIMMER BIOMET HLDGS INC
  • 1.89% APPLE INC