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

-11.92 %

1 Year rank in sector

129/130

Sector

FO Hedge/Stru Prod - Equity

Yield
-
Fund size

£ 656.0 m

FE Risk score

101

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    50.61%
  • Money Market
    20.39%
  • UK
    7.38%
  • Canada
    4.78%
  • Japan
    4.1%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-2.88 %-8.48 %-12.2 %-6.63 %2.45 %
Sector0.78 %3.74 %5.26 %8.59 %17.78 %
Rank within sector133 / 133142 / 142129 / 13072 / 7752 / 58
Quartile th4 th4 th4 th4 th4 th

Calendar performance

YTD-20172016201520142013
Fund-6.41 %-5.27 %1.4 %11.05 %9.31 %
Sector5.39 %-1.99 %2.66 %2.51 %7.13 %
Rank within sector129 / 13373 / 10548 / 837 / 6738 / 61
Quartile th4 th3 rd3 rd1 st3 rd

Risk statistics

Alpha-0.94
Beta-0.32
Sharpe-0
Volatility7.77
Tracking error8.78
Information ratio-0.45
R-Squared0.02

Price movement

52 week high116.16
52 week low102.42
Current bid price0
Current offer price0
Current mid price102.45

Holdings by region

  • 50.61% USA
  • 20.39% Money Market
  • 7.38% UK
  • 4.78% Canada
  • 4.1% Japan
  • 2.45% France
  • 2.26% Switzerland
  • 1.62% Netherlands
  • 1.41% Australia
  • 1.39% Germany

Holdings by sector

-

Holdings by asset type

-

Individual holdings

-