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DNB Fund TMT Absolute Return A EUR

Ranked 130 out of 183 in - Long/Short Equity over 12 months
All calculations are in EUR unless stated

Managed by

Sverre Bergland

Sverre Bergland is a portfolio manager at DNB Asset Management. He joined the firm in 2001 as an equity analyst in technology and prior to this he was with ABG Securities as an IT analyst. Sverre graduated from the University of San Francisco with a BA in Finance.

Anders Tandberg-Johansen

Anders Tandberg-Johansen was born in Oslo in Norway in the early seventies. He studied at Andelshøyskolen where he gained an MSc in finance. He began his career in the financial industry in 1996 as a technology analyst at Enskilda Securities. After a two year stint he joined DnB NOR as a portfolio manager where he currently works as lead manager on the DnB NOR Nordic Technology Fund. Outside of fund management he likes to unwind by playing or watching a good game of football.

Erling Thune

Erling Thune joined DNB Asset Management's global technology team in early 2008. He is responsible for global telecommunications companies and media. Thune started his career in 1993 as a financial journalist for the Norwegian Financial Daily. Between 1996 and 2000 he was senior vice president and investor relations officer at Elkjøp ASA, Norway's leading retail company, before joining Telenor ASA in 2000 where he held the position of head of investor relations. Erling is a graduate of the Norwegian School of Economics and Business Administration (NHH).

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 technology, media and telecom 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 : 30/09/2016 - 30/09/2017
  • Rank 130/183 Total Return
  • Rank 53/183 Standard Deviation
  • Rank 98/183 Max Drawdown
Fund Name Currency Return
128 Threadneedle (Lux)-American Absolute Alpha AEH

Currency exposure is hedged

Currency exposure is hedged

 EUR

1.5%
129 GAM Star (Lux) Financials Alpha C EUR

Currency exposure is hedged

Currency exposure is hedged

 EUR

1.4%
130 DNB Fund TMT Absolute Return A EUR EUR

1.4%
131 BBVA Durbana IF Alternative Solutions A EUR Cap EUR

1.2%
131 MLIS CCI Healthcare Long-Short UCITS EUR B Acc EUR

1.2%
View full league table
Fund Name Currency Risk
51 Regard Positif L/S Actions EUR

3.6
52 Bati Actions Optimum I EUR

3.6
53 DNB Fund TMT Absolute Return A EUR EUR

3.7
54 MLIS Fenician Eq Long Short UCITS EUR Inst Seed EUR

3.7
55 Schroder ISF European Alpha Abs Return C Acc EUR

3.7
View full league table
Fund Name Currency Loss
97 Henderson European Absolute Return I Acc EUR EUR

-2.9%
98 DNB Fund TMT Absolute Return A EUR EUR

-2.9%
98 MS Tremblant Long/Short Equity UCITS S EUR Acc EUR

-2.9%
100 Merrion European Absolute Return B EUR EUR

-2.9%
View full league table

Total Return

Quarterly Performance

to 29/09/2017 Annual Q1 Q2 Q3 Q4
2017 1.3% 1.3% 1.7%
2016 5.5% 4.0% 1.2% 3.3% -2.9%
2015 5.7% 0.7% 1.1% -1.2% 5.1%
2014 -1.7% 5.2% -4.7% -2.7% 0.8%
2013 13.2% 3.5% 6.0% 3.5% -0.3%
2012 -11.0% 1.0% -6.6% -3.7% -1.9%
2011 10.2% 2.0% -1.0% 5.9% 3.2%

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. Norway
  9. Sweden
  10. Switzerland
  11. United Kingdom

Fund Info

  • Launch date17/12/2010
  • Share Class size10Mn
  • Base currencyEUR
  • ISIN LU0547714526

Purchase Info

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

Charges

  • Annual management1.50%

Related News

Driving returns: tech star revs up for self-driving car surge

Citywire A-rated Anders Tandberg-Johansen says opportunities go beyond carmakers as IT specialists will thrive.

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