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Nordea1 Stable Equity Long/Short Euro Hdg BP EUR

Ranked 175 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.

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Performance

Long/Short Equity over : 31/08/2016 - 31/08/2017
  • Rank 175/183 Total Return
  • Rank 129/183 Standard Deviation
  • Rank 171/183 Max Drawdown
Fund Name Currency Return
173 Rivoli International Fund V9 E

Currency exposure is hedged

Currency exposure is hedged

EUR

-7.7%

174 Pensato Capital-Europa Absolute Return NR EUR B

Currency exposure is hedged

Currency exposure is hedged

EUR

-10.4%

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

-11.1%

176 UBS (Irl) Inv Sel - Equity Opp L/S Fd I-B-a EUR

-11.6%

177 Rivoli International Fund E EUR

-11.9%

Fund Name Currency Risk
127 Prosper Stars & Stripes P EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

6.2

128 Liontrust GF European Strategic Equity (A4 - EUR) EUR

6.3

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

6.3

130 Goldman Sachs EFI LS Risk Premia Pf C EURH 3xs Lvg

Currency exposure is hedged

Currency exposure is hedged

EUR

6.3

131 Hedge Invest Principia EUR R EUR

6.4

Fund Name Currency Loss
169 Pensato Capital-Europa Absolute Return NR EUR B

Currency exposure is hedged

Currency exposure is hedged

EUR

-10.4%

170 FP Argonaut Absolute Return EUR A Acc EUR

-10.5%

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

-11.1%

172 Rhenman Healthcare Equity L/S I1 EUR C EUR

-11.7%

173 UBS (Irl) Inv Sel - Equity Opp L/S Fd I-B-a EUR

-12.1%

Total Return

Quarterly Performance

to 30/06/2017 Annual Q1 Q2 Q3 Q4
2017 2.0% -2.2%
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 size122Mn
  • Base currencyEUR
  • ISIN LU0826409327

Purchase Info

  • Min. initial investment0
  • Min. regular additional investment0

Charges

  • Annual management1.20%

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