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DNB Fund ECO Absolute Return A EUR

Ranked 41 out of 185 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.

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Performance

Long/Short Equity over : 31/10/2016 - 31/10/2017
  • Rank 41/185 Total Return
  • Rank 168/185 Standard Deviation
  • Rank 149/185 Max Drawdown
Fund Name Currency Return
39 Schroder GAIA Sirios US Equity EUR Hdg A Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

12.9%

40 Kairos International Sicav - Key X EUR

12.3%

41 DNB Fund ECO Absolute Return A EUR EUR

12.2%

42 Incline Global Long/Short Equity E EUR Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

12.1%

43 Finlabo Investments Sicav Dynamic US Equity P EUR

12.1%

43 Prosper Stars & Stripes P EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

12.1%

Fund Name Currency Risk
166 BANOR SICAV Italy Long Short Equity R EUR

10.1

167 MS Alkeon UCITS I EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

10.2

168 DNB Fund ECO Absolute Return A EUR EUR

10.3

169 Odey Giano European R EUR Acc EUR

10.4

170 CF Odey Absolute Return EUR Hgd Inst Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

10.5

Fund Name Currency Loss
147 CS (Lux) Multi-Advisor Equity Alpha Fund FBH

Currency exposure is hedged

Currency exposure is hedged

EUR

-5.1%

148 Kairos International Sicav - Key X EUR

-5.2%

149 DNB Fund ECO Absolute Return A EUR EUR

-5.3%

150 Schroder European Equity Abs Return P1 EUR EUR

-5.4%

151 Regard Positif L/S Actions EUR

-5.5%

Total Return

Quarterly Performance

to 29/09/2017 Annual Q1 Q2 Q3 Q4
2017 3.3% 2.0% -0.4%
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 size00Mn
  • Base currencyEUR
  • ISIN LU0547714286

Purchase Info

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

Charges

  • Annual management1.50%

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