Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Nordea1 Stable Equity Long/Short Euro Hdg BP EUR

Ranked 179 out of 183 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.

Showing fund performance in Latvia View performance globally

Performance

Long/Short Equity over : 30/09/2016 - 30/09/2017
  • Rank 179/183 Total Return
  • Rank 128/183 Standard Deviation
  • Rank 175/183 Max Drawdown
Fund Name Currency Risk
126 JPM US Opportunistic LS Equity C(perf)Acc EUR H

Currency exposure is hedged

Currency exposure is hedged

EUR

6.2

127 LOF - Fundamental Equity L/S Sys.Hdg.Seed (EUR) MA

Currency exposure is hedged

Currency exposure is hedged

EUR

6.3

128 Nordea1 Stable Equity Long/Short Euro Hdg BP EUR EUR

6.3

129 PTR-Mandarin-I EUR EUR

6.4

130 Ennismore European Smaller Companies EUR EUR

6.4

Total Return

Quarterly Performance

to 29/09/2017 Annual Q1 Q2 Q3 Q4
2017 2.0% -2.2% -4.9%
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

31/07/2017

Top 10 Holdings

Stock Size
CVS Health Corp ORD 3.77
Oracle Corp ORD 3.29
Chubb Ltd ORD 3.28
Amgen Inc ORD 3.13
Verizon Communications Inc ORD 2.91
Imperial Brands PLC ORD 2.75
Pfizer Inc ORD 2.73
Autozone Inc ORD 2.52
Cisco Systems Inc ORD 2.34
Bank of Nova Scotia ORD 2.32
31/07/2017

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 size110Mn
  • Base currencyEUR
  • ISIN LU0826409327

Purchase Info

  • Min. initial investment0
  • Min. regular additional investment0

Charges

  • Annual management1.20%

Related News

Nordea soft-closes star duo’s €1.1bn long/short equity fund

Nordic asset manager closes fund producing top quartile performance after hitting capacity limit, Citywire Selector has learned.

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