Fact sheet: Nordea 1 Norwegian Equity

Fund information

Fund name
Nordea 1 Norwegian Equity BP NOK
Fund company manager
Nordea
Fund type
SIB
Fund manager(s)
Robert Naess
since 02/08/2000
Fund objective
The fund invests a minimum of three-fourths of its net assets in equities, other equity shares such as co-operative shares and participation certificates (equities and equity rights), dividend-right certificates and warrants on transferable securities issued by companies which are domiciled or exercise the predominant part of their economic activity in Norway. The fund manager invests according to a fundamental bottom-up stock picking approach identifying companies able to generate strong long-term earnings. These are selected on the basis of attractive valuation, positive earnings momentum, cash flow generation capacity and management qualities.
Benchmark
Oslo Exchange Mutual Fund - Total Return Index
Investment style
None
Investment method
Shares

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

33.47 %

1 Year rank in sector

9/97

Sector

FO Equity - Europe Single Country

Yield
-
Fund size

£ 1.1 b

FE Risk score

130

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Norway
    96.69%
  • Money Market
    2.05%
  • Canada
    0.84%
  • Sweden
    0.43%
  • Financials
    23.94%
  • Energy
    18.31%
  • Materials
    12.55%
  • Industrials
    11.25%
  • Consumer Discretionary
    8.47%
  • Norwegian Equities
    96.55%
  • Money Market
    2.57%
  • Canadian Equities
    0.41%
  • Swedish Equities
    0.36%
  • American Emerging Equities
    0.11%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund4.02 %14.87 %33.47 %78.69 %92.73 %
Sector2.51 %8.92 %21.05 %49.19 %69.91 %
Rank within sector15 / 9813 / 979 / 9713 / 8931 / 83
Quartile th1 st1 st1 st1 st2 nd

Calendar performance

YTD-20172016201520142013
Fund22.71 %21.09 %6.66 %2.97 %21.85 %
Sector15.5 %9.63 %9.17 %1.69 %17.53 %
Rank within sector18 / 9715 / 9761 / 9357 / 8654 / 84
Quartile th1 st1 st3 rd3 rd3 rd

Risk statistics

Alpha7.77
Beta0.67
Sharpe1.12
Volatility10.5
Tracking error8.07
Information ratio0.5
R-Squared0.53

Price movement

52 week high261.76
52 week low193.78
Current bid price0
Current offer price0
Current mid price261.76

Holdings by region

  • 96.69% Norway
  • 2.05% Money Market
  • 0.84% Canada
  • 0.43% Sweden

Holdings by sector

  • 23.94% Financials
  • 18.31% Energy
  • 12.55% Materials
  • 11.25% Industrials
  • 8.47% Consumer Discretionary
  • 7.63% Information Technology
  • 7.02% Consumer Staples
  • 3.22% Health Care
  • 2.84% Telecommunications Utilities
  • 2.51% Real Estate

Holdings by asset type

  • 96.55% Norwegian Equities
  • 2.57% Money Market
  • 0.41% Canadian Equities
  • 0.36% Swedish Equities
  • 0.11% American Emerging Equities

Individual holdings

  • 6.24% ATEA ASA
  • 5.73% STOREBRAND ASA
  • 4.98% DNB ASA
  • 4.93% NORSK HYDRO ASA
  • 4.8% YARA INTERNATIONAL ASA
  • 4.74% SPAREBANK 1 SMN
  • 4.47% SUBSEA 7 SA
  • 4.36% KONGSBERG AUTOMOTIVE ASA
  • 3.31% AKER BP ASA
  • 3.15% SPAREBANK 1 SR BANK ASA