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

-5.03 %

1 Year rank in sector

124/128

Sector

FO Hedge/Stru Prod - Equity

Yield
-
Fund size

£ 619.8 m

FE Risk score

102

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    53%
  • Money Market
    14.48%
  • UK
    8.52%
  • Canada
    5.49%
  • Japan
    5.14%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund2.09 %-4.44 %-5.03 %-6.82 %7.5 %
Sector0 %2.81 %5.74 %6.83 %17.4 %
Rank within sector11 / 140137 / 140124 / 12869 / 7540 / 51
Quartile th1 st4 th4 th4 th4 th

Calendar performance

YTD-20172016201520142013
Fund-4.47 %-5.27 %1.4 %11.05 %9.31 %
Sector5.79 %-1.99 %2.66 %2.51 %7.13 %
Rank within sector125 / 13076 / 10247 / 745 / 5736 / 50
Quartile th4 th3 rd3 rd1 st3 rd

Risk statistics

Alpha-1.32
Beta-0.49
Sharpe-0
Volatility7.94
Tracking error9.02
Information ratio-0.52
R-Squared0.03

Price movement

52 week high113.3
52 week low101.15
Current bid price0
Current offer price0
Current mid price104.58

Holdings by region

  • 53% USA
  • 14.48% Money Market
  • 8.52% UK
  • 5.49% Canada
  • 5.14% Japan
  • 3.04% Switzerland
  • 2.46% France
  • 2.09% Germany
  • 1.81% Netherlands
  • 1.27% Australia

Holdings by sector

-

Holdings by asset type

-

Individual holdings

-