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

-6.07 %

1 Year rank in sector

125/129

Sector

FO Hedge/Stru Prod - Equity

Yield
-
Fund size

£ 621.7 m

FE Risk score

103

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    54.16%
  • Money Market
    14.2%
  • UK
    8.77%
  • Canada
    5.15%
  • Japan
    4.38%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.72 %-5.79 %-6.07 %-8.06 %6.63 %
Sector0.31 %2.98 %6.42 %7.5 %19.11 %
Rank within sector49 / 144140 / 141125 / 12965 / 7041 / 50
Quartile th2 nd4 th4 th4 th4 th

Calendar performance

YTD-20172016201520142013
Fund-5.71 %-5.27 %1.4 %11.05 %9.31 %
Sector5.8 %-1.99 %2.66 %2.51 %7.13 %
Rank within sector128 / 13175 / 10346 / 746 / 5736 / 50
Quartile th4 th3 rd3 rd1 st3 rd

Risk statistics

Alpha-1.72
Beta-0.34
Sharpe-0.01
Volatility7.85
Tracking error8.85
Information ratio-0.59
R-Squared0.02

Price movement

52 week high113.3
52 week low101.15
Current bid price0
Current offer price0
Current mid price103.22

Holdings by region

  • 54.16% USA
  • 14.2% Money Market
  • 8.77% UK
  • 5.15% Canada
  • 4.38% Japan
  • 3% Switzerland
  • 2.57% France
  • 2.02% Germany
  • 1.68% Netherlands
  • 1.38% Australia

Holdings by sector

-

Holdings by asset type

-

Individual holdings

-