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Nordea 1 - Global Ideas Equity BP USD

Ranked 5 out of 24 in - Global over 12 months
All calculations are in LVL unless stated

Managed by

Johan Swahn

Objective

The sub-fund aims to preserve Shareholders' capital and to provide an adequate rate of return by investing in global stocks according to the Fundamental Equities Concept: the investment manager determines the fair value of a company by its long term sustainable cash generation. The disciplined investment process is furthermore characterized by rigorous independent research, a high active share and low portfolio turnover. The sub-fund invests globally and shall invest at least three-fourths of its total assets world-wide in equities.

Showing fund performance in Latvia View performance globally

Performance

Global over : 30/09/2017 - 30/09/2018

Total Return

Quarterly Performance

to 30/09/2018 Annual Q1 Q2 Q3 Q4
2018 -1.0% 7.8% 3.0%
2017 16.4% 6.7% 0.1% 2.6% 6.2%
2016 0.0% -5.7% -2.0% 2.4% 5.6%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/08/2018

Top 10 Holdings

Stock Size
Alphabet Inc ORD 3.10%
Medtronic PLC ORD 3.09%
Royal Dutch Shell PLC ORD 2.81%
Allegion PLC ORD 2.76%
Facebook Inc ORD 2.76%
Mondelez International Inc ORD 2.64%
PRA Group Inc ORD 2.57%
Check Point Software Technologies Ltd ORD 2.52%
Alibaba Group Holding Ltd DR 2.41%
Reckitt Benckiser Group PLC ORD 2.36%
31/08/2018

Registered For Sale In

  1. Austria
  2. Estonia
  3. France
  4. Germany
  5. Italy
  6. Latvia
  7. Lithuania
  8. Luxembourg
  9. Netherlands
  10. Spain
  11. Switzerland
  12. United Kingdom

Fund Info

  • Launch date08/12/2015
  • Share Class size09Mn
  • Base currencyUSD
  • ISIN LU1002951645

Purchase Info

  • Min. initial investment0
  • Min. regular additional investment0

Charges

  • Annual management1.50%
  • Initial investment1.50%

Related News

Nordea to merge away demographics equity fund

Asset manager opts to move fund focused on aging population into high conviction global equity strategy, 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).