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
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

5.58 %

1 Year rank in sector

442/471

Sector

FO Equity - International

Yield
-
Fund size

£ 1.8 b

FE Risk score

91

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    55.44%
  • Japan
    10.58%
  • Money Market
    7.34%
  • UK
    5.14%
  • Canada
    3.43%
  • Health Care
    22.17%
  • Information Technology
    15.15%
  • Consumer Staples
    10.08%
  • Telecommunications Utilities
    9.85%
  • Consumer Discretionary
    8.42%
  • US Equities
    55.44%
  • Japanese Equities
    10.58%
  • Money Market
    7.34%
  • UK Equities
    5.14%
  • Canadian Equities
    3.43%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund1.37 %0.65 %5.39 %20.79 %65.08 %
Sector1.75 %4.57 %14.7 %20.62 %56.19 %
Rank within sector331 / 502334 / 492442 / 471198 / 374109 / 286
Quartile th3 rd3 rd4 th3 rd2 nd

Calendar performance

YTD-20172016201520142013
Fund5.45 %5.98 %4.24 %14.5 %25.47 %
Sector10.88 %7.94 %0.71 %5.96 %21.26 %
Rank within sector351 / 485237 / 441132 / 39169 / 34598 / 302
Quartile th3 rd3 rd2 nd1 st2 nd

Risk statistics

Alpha1.75
Beta0.82
Sharpe0.39
Volatility8.53
Tracking error4.44
Information ratio0.14
R-Squared0.77

Price movement

52 week high17.37
52 week low15.4
Current bid price0
Current offer price0
Current mid price17.02

Holdings by region

  • 55.44% USA
  • 10.58% Japan
  • 7.34% Money Market
  • 5.14% UK
  • 3.43% Canada
  • 3.34% France
  • 2.15% Italy
  • 1.99% Netherlands
  • 1.92% Hong Kong
  • 1.63% India

Holdings by sector

  • 22.17% Health Care
  • 15.15% Information Technology
  • 10.08% Consumer Staples
  • 9.85% Telecommunications Utilities
  • 8.42% Consumer Discretionary
  • 7.53% Industrials
  • 7.34% Money Market
  • 6.68% Financials
  • 5.33% Utilities
  • 3.93% Real Estate

Holdings by asset type

  • 55.44% US Equities
  • 10.58% Japanese Equities
  • 7.34% Money Market
  • 5.14% UK Equities
  • 3.43% Canadian Equities
  • 3.34% French Equities
  • 2.15% Italian Equities
  • 1.99% Dutch Equities
  • 1.92% Hong Kong Equities
  • 1.63% Indian Equities

Individual holdings

  • 2.56% CVS HEALTH CORP
  • 2.45% NIPPON TELEGRAPH & TELEPHONE CORP
  • 2.42% AMGEN INC
  • 2.24% KDDI CORP
  • 2.22% ZIMMER BIOMET HLDGS INC
  • 2.16% COGNIZANT TECHNOLOGY SOLUTIONS CORP
  • 2.16% WALGREENS BOOTS ALLIANCE
  • 2.12% LABORATORY CORP OF AMERICA HOLDINGS
  • 2.09% VERIZON COMMUNICATIONS INC
  • 1.9% CISCO SYSTEMS INC