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

-13.07 %

1 Year rank in sector

131/133

Sector

FO Hedge/Stru Prod - Equity

Yield
-
Fund size

£ 703.6 m

FE Risk score

97

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    51.32%
  • Money Market
    17.93%
  • UK
    7.12%
  • Canada
    4.79%
  • Japan
    4.09%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.81 %-7.27 %-13.07 %-5.48 %0 %
Sector0.81 %3.02 %4.71 %5.91 %17.26 %
Rank within sector128 / 140142 / 142131 / 13371 / 80 /
Quartile th4 th4 th4 th4 th th

Calendar performance

YTD-20172016201520142013
Fund-4.59 %-5.27 %1.4 %11.05 %9.31 %
Sector4.76 %-1.99 %2.66 %2.51 %7.13 %
Rank within sector128 / 13776 / 10949 / 877 / 7139 / 64
Quartile th4 th3 rd3 rd1 st3 rd

Risk statistics

Alpha-0.55
Beta-0.3
Sharpe-0
Volatility7.71
Tracking error8.7
Information ratio-0.34
R-Squared0.01

Price movement

52 week high120.53
52 week low105
Current bid price0
Current offer price0
Current mid price104.45

Holdings by region

  • 51.32% USA
  • 17.93% Money Market
  • 7.12% UK
  • 4.79% Canada
  • 4.09% Japan
  • 2.53% France
  • 2.27% Switzerland
  • 1.8% Israel
  • 1.78% Netherlands
  • 1.69% Italy

Holdings by sector

-

Holdings by asset type

-

Individual holdings

-