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
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

-12.93 %

1 Year rank in sector

123/127

Sector

FO Hedge/Stru Prod - Equity

Yield
-
Fund size

£ 772.4 m

FE Risk score

95

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    47.69%
  • Money Market
    18.96%
  • UK
    7.79%
  • Japan
    4.95%
  • Canada
    4.5%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.71 %-2.1 %-12.93 %-1.25 %0 %
Sector0.66 %2.93 %4.31 %5.41 %17.93 %
Rank within sector123 / 141125 / 140123 / 12768 / 85 /
Quartile th4 th4 th4 th4 th th

Calendar performance

YTD-20172016201520142013
Fund-1 %-5.27 %1.4 %11.05 %9.31 %
Sector3.6 %-1.99 %2.66 %2.51 %7.13 %
Rank within sector119 / 13881 / 11655 / 947 / 7642 / 68
Quartile th4 th3 rd3 rd1 st3 rd

Risk statistics

Alpha1
Beta-0.24
Sharpe-0
Volatility7.65
Tracking error8.57
Information ratio-0.13
R-Squared0.01

Price movement

52 week high125.6
52 week low107.28
Current bid price0
Current offer price0
Current mid price108.37

Holdings by region

  • 47.69% USA
  • 18.96% Money Market
  • 7.79% UK
  • 4.95% Japan
  • 4.5% Canada
  • 2.73% Netherlands
  • 2.68% France
  • 2.3% Switzerland
  • 2.21% Germany
  • 1.87% Italy

Holdings by sector

-

Holdings by asset type

-

Individual holdings

-