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Nordea1 Stable Equity Long/Short Euro Hdg BP EUR

Ranked 125 out of 169 in - Long/Short Equity over 12 months
All calculations are in EUR unless stated

Managed by

Robert Naess

Claus Vorm

Claus Vorm was born in Denmark in 1971. He graduated from the University of Aarhus with a master's degree in mathematics and economics and a PhD on the interplay between insurance and finance. Claus started his career in 2000 as an associate professor at the Laboratory of Actuarial Mathematics at Copenhagen University. In 2001 he joined McKinsey & Co as part of their financial institution group. Claus joined Nordea Investment Management in 2004 where he is currently a fund manager. He has been managing funds for over five years and is a member of the Danish Actuarial Society. Outside of fund management he enjoys golf and running.

Objective

The Sub-fund’s objective is to provide Shareholders with a long term capital appreciation that has a relatively low correlation with the returns of the equity markets. The Sub-fund typically enters into derivative instruments for the purpose of lowering this correlation. This Sub-fund shall invest a minimum of two-thirds of its total assets (after deduction of cash) in equities, other equity shares such as co-operative shares and participation certificates (equities and equity rights), dividend-right certificates, warrants on equities, Participatory Notes (P-Notes) and equity rights issued by companies worldwide.

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Performance

Long/Short Equity over : 30/09/2017 - 30/09/2018
  • Rank 125/169 Total Return
  • Rank 131/169 Standard Deviation
  • Rank 141/169 Max Drawdown
Fund Name Currency Return
123 Schroder European Equity Abs Return P1 EUR EUR

-3.4%

124 MS Ascend UCITS I EUR EUR

-3.7%

125 Nordea1 Stable Equity Long/Short Euro Hdg BP EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-3.8%

126 Danske Invest SICAV - Europe Absolute A EUR

-3.9%

127 Jupiter JGF Global Absolute Return I Cap EUR EUR

-3.9%

Fund Name Currency Risk
129 Rivoli Equity Fund EUR

7.3

129 LUX IM Pictet Future Trends DL Cap EUR EUR

7.3

131 Nordea1 Stable Equity Long/Short Euro Hdg BP EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

7.3

132 AZ Fund 1 Active Selection A-AZ FUND Cap EUR

7.4

133 Threadneedle (Lux)-Pan European Absolute Alpha AE EUR

7.7

Fund Name Currency Loss
139 Quantology Small I EUR

-7.8%

140 LF Odey Absolute Return EUR Hgd Inst Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

-8.1%

141 Nordea1 Stable Equity Long/Short Euro Hdg BP EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-8.1%

142 Odey Swan I EUR EUR

-8.3%

143 Planetarium Fund Anthilia Silver B EUR

-8.4%

Total Return

Quarterly Performance

to 30/09/2018 Annual Q1 Q2 Q3 Q4
2018 -3.4% -3.3% 2.8%
2017 -4.9% 2.0% -2.2% -4.9% 0.2%
2016 -5.3% 7.7% 0.8% -5.8% -7.4%
2015 1.4% -0.8% -1.9% 3.6% 0.6%
2014 11.1% 4.3% 1.0% 1.8% 3.5%
2013 9.3% 7.8% 4.3% -3.8% 1.1%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/08/2018

Top 10 Holdings

Stock Size
Autozone Inc ORD 3.86%
Oracle Corp ORD 3.76%
Nippon Telegraph and Telephone Corp ORD 3.20%
British American Tobacco PLC ORD 3.04%
Bank of Nova Scotia ORD 2.95%
Roche Holding AG Par 2.94%
Chubb Ltd ORD 2.76%
Cognizant Technology Solutions Corp ORD 2.74%
Pfizer Inc ORD 2.65%
Imperial Brands PLC ORD 2.39%
31/08/2018

Registered For Sale In

  1. Austria
  2. Denmark
  3. Estonia
  4. Finland
  5. France
  6. Germany
  7. Italy
  8. Latvia
  9. Lithuania
  10. Luxembourg
  11. Netherlands
  12. Norway
  13. Singapore
  14. Spain
  15. Sweden
  16. Switzerland
  17. United Kingdom

Fund Info

  • Launch date16/10/2012
  • Share Class size43Mn
  • Base currencyEUR
  • ISIN LU0826409327
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment0
  • Min. regular additional investment0

Charges

  • Annual management1.20%

Related News

Nordea AM axes ‘out of favour’ long/short equity fund

Nordic group seeks approval to merge strategy into mixed-asset approach.

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