DNB Fund TMT Absolute Return A EUR
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.
Performance
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Rank 134/183 Total Return
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Rank 53/183 Standard Deviation
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Rank 104/183 Max Drawdown
| Fund Name | Currency | Return | |
|---|---|---|---|
| 132 |
Fidelity FAFS - Global Alpha A-ACC-EUR (EUR/USD H)
Currency exposure is hedged Currency exposure is hedged |
EUR | 0.4% |
| 133 |
Lazard US Fundamental Alternative EA Acc EUR Hdg
Currency exposure is hedged Currency exposure is hedged |
EUR | 0.4% |
| 134 | DNB Fund TMT Absolute Return A EUR | EUR | 0.3% |
| 135 | Bati Actions Optimum I | EUR | 0.2% |
| 136 |
GAM Star (Lux) Financials Alpha C EUR
Currency exposure is hedged Currency exposure is hedged |
EUR | 0.2% |
| View full league table | |||
| Fund Name | Currency | Risk | |
|---|---|---|---|
| 52 | Candriam Dynamix Syst Long Short Equity I Cap EUR | EUR | 3.3 |
| 53 | DNB Fund TMT Absolute Return A EUR | EUR | 3.3 |
| 54 | Bati Actions Optimum I | EUR | 3.3 |
| 55 | Portland Hill SICAV European Long/Short C EUR | EUR | 3.4 |
| View full league table | |||
| Fund Name | Currency | Loss | |
|---|---|---|---|
| 102 | Algebris Financial Equity B EUR Acc | EUR | -2.9% |
| 103 | Q1 EURO Special | EUR | -2.9% |
| 104 | MS Tremblant Long/Short Equity UCITS S EUR Acc | EUR | -2.9% |
| 104 | Exane Funds 2 - Exane Zephyr Fund A acc | EUR | -2.9% |
| 104 | DNB Fund TMT Absolute Return A EUR | EUR | -2.9% |
| View full league table | |||
Total Return
Quarterly Performance
| to 30/06/2017 | Annual | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|---|
| 2017 | 1.3% | 1.3% | |||
| 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
- Austria
- Finland
- Germany
- Iceland
- Latvia
- Lithuania
- Luxembourg
- Norway
- Sweden
- Switzerland
- 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%