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

7.85 %

1 Year rank in sector

427/476

Sector

FO Equity - International

Yield
-
Fund size

£ 1.8 b

FE Risk score

94

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    58.83%
  • Japan
    11.36%
  • UK
    5.75%
  • France
    3.84%
  • Canada
    3.58%
  • Health Care
    21.78%
  • Information Technology
    16.73%
  • Telecommunications Utilities
    11.76%
  • Consumer Staples
    10.54%
  • Consumer Discretionary
    9.7%
  • US Equities
    58.83%
  • Japanese Equities
    11.36%
  • UK Equities
    5.75%
  • French Equities
    3.84%
  • Canadian Equities
    3.58%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.82 %2.88 %7.85 %29.58 %66.05 %
Sector2.42 %8.34 %16.13 %32.48 %60.31 %
Rank within sector444 / 503410 / 498427 / 476235 / 381133 / 294
Quartile th4 th4 th4 th3 rd2 nd

Calendar performance

YTD-20172016201520142013
Fund6.38 %5.98 %4.24 %14.5 %25.47 %
Sector13.46 %7.94 %0.71 %5.96 %21.26 %
Rank within sector395 / 489239 / 444137 / 39671 / 347101 / 305
Quartile th4 th3 rd2 nd1 st2 nd

Risk statistics

Alpha1.15
Beta0.82
Sharpe0.43
Volatility8.52
Tracking error4.41
Information ratio-0.03
R-Squared0.77

Price movement

52 week high17.37
52 week low15.4
Current bid price0
Current offer price0
Current mid price17.17

Holdings by region

  • 58.83% USA
  • 11.36% Japan
  • 5.75% UK
  • 3.84% France
  • 3.58% Canada
  • 2.07% Hong Kong
  • 1.97% Netherlands
  • 1.95% Money Market
  • 1.68% Italy
  • 1.56% India

Holdings by sector

  • 21.78% Health Care
  • 16.73% Information Technology
  • 11.76% Telecommunications Utilities
  • 10.54% Consumer Staples
  • 9.7% Consumer Discretionary
  • 7.27% Industrials
  • 6.75% Financials
  • 5.63% Utilities
  • 4.05% Real Estate
  • 2.57% Materials

Holdings by asset type

  • 58.83% US Equities
  • 11.36% Japanese Equities
  • 5.75% UK Equities
  • 3.84% French Equities
  • 3.58% Canadian Equities
  • 2.07% Hong Kong Equities
  • 1.97% Dutch Equities
  • 1.95% Money Market
  • 1.68% Italian Equities
  • 1.56% Indian Equities

Individual holdings

  • 2.65% NIPPON TELEGRAPH & TELEPHONE CORP
  • 2.6% CISCO SYSTEMS INC
  • 2.6% CVS HEALTH CORP
  • 2.59% KDDI CORP
  • 2.54% AMGEN INC
  • 2.33% WALGREENS BOOTS ALLIANCE
  • 2.31% COGNIZANT TECHNOLOGY SOLUTIONS CORP
  • 2.23% VERIZON COMMUNICATIONS INC
  • 2.19% ZIMMER BIOMET HLDGS INC
  • 1.87% APPLE INC