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DNB Fund TMT Absolute Return A EUR

Ranked 105 out of 173 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

Rank 105/173 Total Return
Rank 123/173 Standard Deviation
Rank 116/173 Max Drawdown

	Fund Name	Currency	Return
103	BDL Rempart Europe C	EUR	0.1%
103	Janus Henderson UK Absolute Return I EUR Acc H Currency exposure is hedged Currency exposure is hedged	EUR	0.1%
105	DNB Fund TMT Absolute Return A EUR	EUR	-0.1%
106	Quadra Capital Global Equity Alpha P Cap	EUR	-0.3%
107	Finlabo Investments Sicav - Dynamic Equity R	EUR	-0.3%
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	Fund Name	Currency	Risk
121	Pictet TR - Mandarin-I EUR	EUR	6.7
122	Kairos International Sicav - Pegasus UCITS P EUR	EUR	6.8
123	DNB Fund TMT Absolute Return A EUR	EUR	6.9
124	InRIS UCITS PLC-R Parus I EUR Hedged Currency exposure is hedged Currency exposure is hedged	EUR	6.9
125	BANOR SICAV North America Long Short Equity R EUR	EUR	7.0
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	Fund Name	Currency	Loss
114	CS (Lux) Small and Mid Cap Alpha L/S Fd B EUR	EUR	-5.0%
114	UBI SICAV - Long/Short Euro I	EUR	-5.0%
116	DNB Fund TMT Absolute Return A EUR	EUR	-5.1%
117	Neuberger Berman US Eq Idx Putwrite EUR I Acc Hdg Currency exposure is hedged Currency exposure is hedged	EUR	-5.1%
118	Polar Capital UK Absolute Equity I EUR	EUR	-5.2%
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Total Return

Quarterly Performance

to 31/03/2018	Annual	Q1	Q2	Q3	Q4
2018		-4.9%
2017	6.5%	1.3%	1.3%	1.7%	2.0%
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 size09Mn
Base currencyEUR
ISIN LU0547714526

Purchase Info

Min. initial investment1,000
Min. regular additional investment0

Charges

Annual management1.50%

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

19 July 2016, 11:35

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).