Fact sheet: Nordea 1 Nordic Ideas Equity

Fund information

Fund name
Nordea 1 Nordic Ideas Equity BP EUR
Fund company manager
Nordea
Fund type
SIB
Fund manager(s)
Niklas Kristoffersson
since 14/01/2016
Marie Karlsson
since 14/01/2016
Fund objective
The fund invests in Nordic-listed companies which are domiciled or exercise the predominant part of their economic activity in the Nordic region (Sweden, Norway, Denmark and Finland). This means that the fund has access to both world-class companies with strong global market positions and domestic companies positioned to become the winners of tomorrow. The Nordic region has enjoyed more robust growth than Europe as a whole over the past decade and its companies have sound financials and are positioned to benefit from global equity growth. The fund invests in a concentrated portfolio of Nordic's best positioned companies across all market capitalization with a mid-cap bias, using a pure fundamental bottom-up analysis focusing on internal research. The investment universe is screened using both internal and external sources where both absolute and relative valuations are considered.
Benchmark
No Specified Index
Investment style
None
Investment method
Shares

Quick stats

1 Year return

17.87 %

1 Year rank in sector

60/98

Sector

FO Equity - Europe Single Country

Yield
-
Fund size

£ 65.3 m

FE Risk score

114

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Sweden
    29.52%
  • Finland
    27.59%
  • Norway
    17.22%
  • Denmark
    15.54%
  • USA
    4.48%
  • Industrials
    22.28%
  • Consumer Discretionary
    21.56%
  • Financials
    20.77%
  • Materials
    7.89%
  • Information Technology
    7.67%
  • Swedish Equities
    31.46%
  • Finnish Equities
    27.37%
  • Norwegian Equities
    16.69%
  • Danish Equities
    15.75%
  • US Equities
    4.51%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.95 %3.45 %17.87 %27.99 %0 %
Sector-0.77 %2.88 %20.55 %32.78 %69.16 %
Rank within sector56 / 9942 / 9960 / 9859 / 90 /
Quartile th3 rd2 nd3 rd3 rd th

Calendar performance

YTD-20172016201520142013
Fund12.16 %-5.56 %21.29 %10.85 %0 %
Sector13.95 %9.63 %9.17 %1.69 %17.53 %
Rank within sector60 / 9888 / 9719 / 9333 / 86 /
Quartile th3 rd4 th1 st2 nd th

Risk statistics

Alpha1.48
Beta0.85
Sharpe0.62
Volatility11.74
Tracking error6.72
Information ratio-0.03
R-Squared0.69

Price movement

52 week high157.61
52 week low129.18
Current bid price0
Current offer price0
Current mid price152.84

Holdings by region

  • 29.52% Sweden
  • 27.59% Finland
  • 17.22% Norway
  • 15.54% Denmark
  • 4.48% USA
  • 3.26% UK
  • 2.38% Money Market

Holdings by sector

  • 22.28% Industrials
  • 21.56% Consumer Discretionary
  • 20.77% Financials
  • 7.89% Materials
  • 7.67% Information Technology
  • 7.51% Consumer Staples
  • 6.43% Health Care
  • 3.5% Telecommunications Utilities
  • 2.38% Money Market

Holdings by asset type

  • 31.46% Swedish Equities
  • 27.37% Finnish Equities
  • 16.69% Norwegian Equities
  • 15.75% Danish Equities
  • 4.51% US Equities
  • 3.38% UK Equities
  • 0.84% Money Market

Individual holdings

  • 9.65% SAMPO
  • 6.67% ATLAS COPCO AB
  • 6.43% NOVO NORDISK A/S
  • 5.26% HUHTAMAKI OYJ
  • 4.94% TRYG AS
  • 4.53% TRELLEBORG AB
  • 4.48% AUTOLIV INC
  • 4.33% SCHIBSTED ASA
  • 4.3% VOLVO(AB)
  • 4.16% JYSKE BANK AS