Fact sheet: Nordea 1 Stbl Eq L/S Eur Hg

Fund information

Fund name
Nordea 1 Stable Equity Long/Short Euro Hedged BP EUR
Fund company manager
Nordea
Fund type
SIB
Fund manager(s)
Claus Vorm
since 16/10/2012
Fund objective
By using a long/short equity strategy, the fund aims to build a market beta neutral portfolio over time. The fund’s investment strategy is derived from the “Stable Equity” process. This process identifies equities based on a number of stability selection criteria that ultimately exhibit a lower risk than the overall market in general. While the long leg of the strategy is based on the “Stable Equity” process, the short leg is a basket of equity futures which represent the overall market.
Benchmark
No Specified Index
Investment style
Long/Short
Investment method
Equity

Quick stats

1 Year return

-4.44 %

1 Year rank in sector

126/131

Sector

FO Hedge/Stru Prod - Equity

Yield
-
Fund size

£ 620.4 m

FE Risk score

101

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    51.77%
  • Money Market
    15.54%
  • UK
    8.79%
  • Canada
    5.98%
  • Japan
    4.59%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund1.16 %-2.47 %-4.44 %-6.71 %9.1 %
Sector1.51 %3.67 %6.53 %7.79 %17.34 %
Rank within sector66 / 139134 / 142126 / 13168 / 7338 / 49
Quartile th2 nd4 th4 th4 th4 th

Calendar performance

YTD-20182017201620152014
Fund1.41 %-4.86 %-5.27 %1.4 %11.05 %
Sector1.09 %6.17 %-1.99 %2.66 %2.51 %
Rank within sector42 / 132124 / 13074 / 10046 / 726 / 56
Quartile th2 nd4 th3 rd3 rd1 st

Risk statistics

Alpha-1.6
Beta-0.48
Sharpe-0.01
Volatility7.94
Tracking error9.01
Information ratio-0.56
R-Squared0.03

Price movement

52 week high113.3
52 week low101.15
Current bid price0
Current offer price0
Current mid price105.62

Holdings by region

  • 51.77% USA
  • 15.54% Money Market
  • 8.79% UK
  • 5.98% Canada
  • 4.59% Japan
  • 3.07% Switzerland
  • 2.31% France
  • 2.04% Germany
  • 1.87% Netherlands
  • 1.34% Australia

Holdings by sector

-

Holdings by asset type

-

Individual holdings

-