Nordea 1 - North Amer All Cap BI USD (FUND:B89PVL9) - Fund price - Overview

Fund Report

Nordea 1 - North American All Cap Fund BI USD (USD)

Key Stats
Morningstar® CategoryUS Flex-Cap Equity
Manager NameEdmund Cowart
Inception Date30/05/2012
NAV 28/04/2017USD 180.26
Day Change-0.27%
12 Month Yield0.00%
Dividend Frequency-
Net Assets (mil) 31/03/20171,198.37 USD
Wrapper AvailabilityAll
Our Minimum Initial Investment-
Pricing FrequencyDaily
Dealing Cut off Time00:00
Regular InvestmentNo
Actual Initial Charge-
Exit Charge0.00%
Custody ChargeYes
Fund Ongoing Charge1.08%
Fund Rebate-

Morningstar Rating™


Morningstar Sustainability Rating

Below Average

Below Average

Sustainability Rating as of 28/02/2017


Fund Benchmark

Russell 3000 NR USD

Morningstar® Benchmark

Russell 3000 TR USD

Growth Of 10,000 (USD) 30/04/2017

How has this security performed
  • Fund: Nordea 1 - North American All Cap Fund BI USD (USD)
  • Category: US Flex-Cap Equity
  • Benchmark: Russell 3000 TR USD
Trailing Returns % (USD) 28/04/2017
3 Years Annualised3.717.5910.10
5 Years Annualised---
10 Years Annualised---

Morningstar SRRI

Lower Risk
Higher Risk
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The portfolio strives to provide clients with above market investment performance with downside protection over a market cycle by following a VARG (Value and Reasonable Growth) approach, which entails a classic valuation-oriented style with a focus on growth catalysts. The benefit of using VARG is that the value protects from paying too much for a company, while the reasonable growth hurdle protects from falling into value traps and unlocks future stock value. The investable universe for the Nordea 1 North American All Cap Fund consists of companies in the Russell 3000 Index. The final outcome is a focused portfolio of 30 to 50 stocks with no systemic or dominant thematic biases and ideally with a beta below or equal to that of the Russell 3000 Index.

Portfolio Profile31/03/2017

Morningstar Style Box®

Equity Style

Large, Mid, SmallSize
Value, Blend, Growth
Top Holdings
IncreaseDecreaseNew since last portfolio
DecreaseApple Inc Technology4.58
DecreaseMicrosoft Corp Technology4.47
DecreaseProcter & Gamble Co Consumer Defensive4.09
DecreaseDelphi Automotive PLC Consumer Cyclical3.91
DecreaseUnion Pacific Corp Industrials3.68
Asset Allocation %
Top Stock Regions
United States100.00
Asia - Developed0.00
Asia - Emerging0.00
Top Stock Sectors
Stock Sector%
Financial Services18.44
Consumer Cyclical14.87
AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at Trafford House, Chester Road, Manchester M32 0RS. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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