Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

DNB Fund ECO Absolute Return A EUR

Ranked 117 out of 174 in - Long/Short Equity over 12 months
All calculations are in EUR unless stated

Managed by

Jon Sigurdsen

Jon Sigurdsen is lead portfolio manager at DNB Asset Management for long/short and long only renewable energy strategies. He has successfully run the renewable energy long/short part of Skandia Global Hedge fund since 2008, resulting in the creation of the DNB ECO Return series in 2010. Jon joined the firm in 2005 and prior to this, he was an equity analyst at Nordea Securities in Oslo specialising in IT, telecoms and media. He graduated from the Liverpool John Moores University with a BA in Business.

Objective

The fund has the ability to benefit from movements in the prices of equities either up or down. Specifically the fund takes long and short positions in equities of renewable energy companies anywhere in the world. Although the fund actually places most of its assets in high quality debt securities most of its performance is derived from its exposure to equities. The Investment Manager uses its own analysis to determine which equities appear most likely to rise in value and which appear most likely to fall. The Investment Manager then takes long positions on the former and short positions (using derivatives) on the latter.

Showing fund performance in Chile View performance globally

Performance

Long/Short Equity over : 30/06/2017 - 30/06/2018
  • Rank 117/174 Total Return
  • Rank 172/174 Standard Deviation
  • Rank 149/174 Max Drawdown
Fund Name Currency Return
115 Threadneedle (Lux)-American Absolute Alpha AEH

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.9%

116 H2O Fidelio Fund I EUR (Hedged)

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.9%

117 DNB Fund ECO Absolute Return A EUR EUR

-1.0%

118 Anima Alto Potenziale Italia A EUR

-1.3%

119 Fonditalia Flexible Europe - R EUR

-1.4%

Fund Name Currency Risk
170 FP Argonaut Absolute Return EUR A Hdg Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

14.6

171 Odey Swan I EUR EUR

16.0

172 DNB Fund ECO Absolute Return A EUR EUR

16.1

173 Algebris Financial Equity B EUR Acc EUR

16.3

174 Rivoli International Fund E EUR

20.7

Total Return

Quarterly Performance

to 30/06/2018 Annual Q1 Q2 Q3 Q4
2018 1.8% -3.7%
2017 6.4% 3.3% 2.0% -0.4% 1.4%
2016 18.8% 6.0% -3.0% 1.7% 13.5%
2015 -8.2% 1.5% 9.1% -8.6% -9.3%
2014 -1.8% 17.9% 6.1% -3.1% -18.9%
2013 -14.3% -11.8% -5.2% -0.9% 3.4%
2012 -1.0% -3.1% -8.5% 12.6% -0.8%
2011 17.4% 9.4% -6.7% 1.6% 13.3%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Finland
  3. Germany
  4. Iceland
  5. Latvia
  6. Lithuania
  7. Luxembourg
  8. Netherlands
  9. Norway
  10. Sweden
  11. Switzerland
  12. United Kingdom

Fund Info

  • Launch date17/12/2010
  • Share Class size01Mn
  • Base currencyEUR
  • ISIN LU0547714286

Purchase Info

  • Min. initial investment1,000
  • Min. regular additional investment0

Charges

  • Annual management1.50%
  • Initial investment1.50%

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).