Fact sheet: Nordea 1 Gbl Stb Eq € Hgd

Fund information

Fund name
Nordea 1 Global Stable Equity - Euro Hedged BP EUR
Fund company manager
Nordea
Fund type
SIB
Fund manager(s)
Robert Naess
since 05/03/2007
Claus Vorm
since 05/03/2007
Fund objective
The fund applies a unique process to construct a portfolio of 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. At least 90% of the portfolio currency risk will be hedged against the Base Currency of the Sub-fund (EUR).
Benchmark
No Specified Index
Investment style
Growth
Investment method
Shares

Quick stats

1 Year return

10.68 %

1 Year rank in sector

337/482

Sector

FO Equity - International

Yield
-
Fund size

£ 1.6 b

FE Risk score

93

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    56.74%
  • Japan
    10.37%
  • UK
    6.46%
  • Canada
    4.46%
  • France
    3.6%
  • Health Care
    22.8%
  • Information Technology
    16.21%
  • Consumer Staples
    11.62%
  • Telecommunications Utilities
    10.81%
  • Consumer Discretionary
    9.32%
  • US Equities
    56.74%
  • Japanese Equities
    10.37%
  • UK Equities
    6.46%
  • Canadian Equities
    4.46%
  • French Equities
    3.6%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund2.78 %5.83 %10.68 %26.06 %71.78 %
Sector3.8 %9.11 %17.28 %31.78 %62.2 %
Rank within sector308 / 501367 / 497337 / 482279 / 389118 / 302
Quartile th3 rd3 rd3 rd3 rd2 nd

Calendar performance

YTD-20182017201620152014
Fund2.6 %9.54 %5.98 %4.24 %14.5 %
Sector2.86 %16.28 %7.94 %0.71 %5.96 %
Rank within sector291 / 499373 / 482237 / 438135 / 38865 / 341
Quartile th3 rd4 th3 rd2 nd1 st

Risk statistics

Alpha0.03
Beta0.81
Sharpe0.36
Volatility8.45
Tracking error4.53
Information ratio-0.32
R-Squared0.76

Price movement

52 week high18.14
52 week low16.18
Current bid price0
Current offer price0
Current mid price18.14

Holdings by region

  • 56.74% USA
  • 10.37% Japan
  • 6.46% UK
  • 4.46% Canada
  • 3.6% France
  • 2.44% Money Market
  • 2.43% Germany
  • 2.13% Hong Kong
  • 1.89% Netherlands
  • 1.76% Switzerland

Holdings by sector

  • 22.8% Health Care
  • 16.21% Information Technology
  • 11.62% Consumer Staples
  • 10.81% Telecommunications Utilities
  • 9.32% Consumer Discretionary
  • 7.92% Industrials
  • 6.46% Financials
  • 4.63% Utilities
  • 4.17% Real Estate
  • 2.44% Money Market

Holdings by asset type

  • 56.74% US Equities
  • 10.37% Japanese Equities
  • 6.46% UK Equities
  • 4.46% Canadian Equities
  • 3.6% French Equities
  • 2.44% Money Market
  • 2.43% German Equities
  • 2.13% Hong Kong Equities
  • 1.89% Dutch Equities
  • 1.76% Swiss Equities

Individual holdings

  • 2.89% CISCO SYSTEMS INC
  • 2.51% CVS HEALTH CORP
  • 2.36% NIPPON TELEGRAPH & TELEPHONE CORP
  • 2.32% WALGREENS BOOTS ALLIANCE
  • 2.24% KDDI CORP
  • 2.2% COGNIZANT TECHNOLOGY SOLUTIONS CORP
  • 2.17% AT&T INC
  • 2.17% ZIMMER BIOMET HLDGS INC
  • 1.93% AMGEN INC
  • 1.92% ORACLE CORP