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
Martin Nilsson
since 29/04/2013
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

11.08 %

1 Year rank in sector

89/97

Sector

FO Equity - Europe Single Country

Yield
-
Fund size

£ 61.5 m

FE Risk score

108

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Sweden
    28.45%
  • Finland
    28.09%
  • Denmark
    17.78%
  • Norway
    14.21%
  • Money Market
    4.14%
  • Consumer Discretionary
    22.78%
  • Industrials
    21.15%
  • Financials
    15.96%
  • Health Care
    9.42%
  • Materials
    8.48%
  • Swedish Equities
    28.95%
  • Finnish Equities
    27.56%
  • Danish Equities
    18.03%
  • Norwegian Equities
    15.35%
  • US Equities
    4.03%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-2.63 %5.96 %11.08 %27.86 %0 %
Sector-1.13 %6.99 %17.08 %31.88 %66.36 %
Rank within sector74 / 9756 / 9789 / 9753 / 88 /
Quartile th4 th3 rd4 th3 rd th

Calendar performance

YTD-20172016201520142013
Fund8.27 %-5.56 %21.29 %10.85 %0 %
Sector10.55 %9.63 %9.17 %1.69 %17.53 %
Rank within sector64 / 9788 / 9718 / 9331 / 86 /
Quartile th3 rd4 th1 st2 nd th

Risk statistics

Alpha1.22
Beta0.85
Sharpe0.41
Volatility11.82
Tracking error6.83
Information ratio-0.02
R-Squared0.68

Price movement

52 week high151.99
52 week low125.8
Current bid price0
Current offer price0
Current mid price147.54

Holdings by region

  • 28.45% Sweden
  • 28.09% Finland
  • 17.78% Denmark
  • 14.21% Norway
  • 4.14% Money Market
  • 4.09% USA
  • 3.24% UK

Holdings by sector

  • 22.78% Consumer Discretionary
  • 21.15% Industrials
  • 15.96% Financials
  • 9.42% Health Care
  • 8.48% Materials
  • 7.68% Information Technology
  • 7.06% Consumer Staples
  • 4.14% Money Market
  • 3.24% Telecommunications Utilities
  • 0.09% Others

Holdings by asset type

  • 28.95% Swedish Equities
  • 27.56% Finnish Equities
  • 18.03% Danish Equities
  • 15.35% Norwegian Equities
  • 4.03% US Equities
  • 3.34% UK Equities
  • 2.74% Money Market

Individual holdings

  • 9.42% NOVO NORDISK A/S
  • 7.6% SAMPO
  • 6.21% ATLAS COPCO AB
  • 5.15% HUHTAMAKI OYJ
  • 5.04% FISKARS AB OY
  • 4.71% NOKIA CORP
  • 4.48% VOLVO(AB)
  • 4.45% TRYG AS
  • 4.38% TRELLEBORG AB
  • 4.09% AUTOLIV INC