Nordea 1 - Nordic Equity BC GBP (FUND:B9MT3G4) - Fund price - Overview

Fund Report

Nordea 1 - Nordic Equity Fund BC GBP

Key Stats
Morningstar® CategoryNordic Equity
Manager Name-
Inception Date20/03/2013
NAV 22/05/2018GBP 14.24
Day Change1.57%
12 Month Yield0.00%
Dividend Frequency-
Net Assets (mil) 30/04/2018233.01 EUR
Wrapper AvailabilityAll
Our Minimum Initial Investment50.00 GBP
Pricing FrequencyDaily
Dealing Cut off Time13:30:00
Regular InvestmentNo
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Ongoing Cost1.40%
Fund Rebate-

Morningstar Rating™


Morningstar Sustainability Rating

Below Average

Below Average

Sustainability Rating as of 31/03/2018


Fund Benchmark

MSCI Nordic 10/40 NR EUR

Morningstar® Benchmark

MSCI Nordic Countries NR EUR

Growth Of 10,000 (GBP) 30/04/2018

How has this security performed
  • Fund: Nordea 1 - Nordic Equity Fund BC GBP
  • Category: Nordic Equity
  • Benchmark: MSCI Nordic Countries NR EUR
Trailing Returns % (GBP) 22/05/2018
3 Years Annualised10.2710.689.15
5 Years Annualised7.969.678.59
10 Years Annualised---

Morningstar SRRI

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

Investment Objective

The fund taps into a potential investment universe of Nordic-listed companies. This means that the fund has access to world-class companies with strong global market positions, offering broad sector exposure within a relatively compact geographical area. The Nordic region has enjoyed more robust growth than Europe as a whole over the past 10 years. Nordic companies have sound financials and are positioned to benefit from global equity growth. Essentially the funds investment approach involves a fundamental bottom-up process, focusing on internal research and targeting stocks with three common characteristics: attractive valuation, positive earnings momentum and positive news flow. The stock market is screened using both external and internal sources with respect to key parameters, such as FCFy, EV/EBITDA, EV/EBIT, P/E, etc. Both absolute and relative valuations are considered, with quantitative research supporting, but not determining, the weight allocation.

Portfolio Profile30/04/2018

Morningstar Style Box®

Equity Style

Large, Mid, SmallSize
Value, Blend, Growth
Top Holdings
IncreaseDecreaseNew since last portfolio
IncreaseNovo Nordisk A/S B Healthcare7.63
DecreaseSampo Oyj A Financial Services7.36
DecreaseAtlas Copco AB A Industrials5.08
DecreaseSwedish Match AB Consumer Defensive4.74
DecreaseNordea Bank AB Financial Services4.63
Asset Allocation %
Top Stock Regions
Europe - ex Euro66.45
United Kingdom2.48
United States1.93
Top Stock Sectors
Stock Sector%
Financial Services23.16
Consumer Cyclical22.94
Consumer Defensive9.71
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 4 Exchange Quay, Salford Quays, Manchester M5 3EE. 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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