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

Fund Report

Nordea 1 - Nordic Equity Fund BC GBP

Key Stats
Morningstar® CategoryNordic Equity
Manager Name-
Inception Date20/03/2013
NAV 06/12/2016GBP 11.20
Day Change0.54%
12 Month Yield0.00%
ISINLU0841548497
SEDOLB9MT3G4
Dividend Frequency-
Net Assets (mil) 30/11/2016221.31 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
Fund Ongoing Charge1.40%
AMC1.00%
Fund Rebate-

Morningstar Rating™

1 Star

Morningstar Sustainability Rating

Low

Low


Sustainability Rating as of 30/09/2016

Benchmarks

Fund Benchmark

MSCI Nordic 10/40 NR EUR

Morningstar® Benchmark

MSCI Nordic Countries NR EUR

Growth Of 10,000 (GBP) 30/11/2016

How has this security performed
20122013201420152016
Fund---6.9112.588.21
Category---0.7914.8614.88
Benchmark--0.157.918.09
  • Fund: Nordea 1 - Nordic Equity Fund BC GBP
  • Category: Nordic Equity
  • Benchmark: MSCI Nordic Countries NR EUR
Trailing Returns % (GBP) 06/12/2016
FundCatBmark
YTD6.9713.167.86
3 Years Annualised5.2010.506.63
5 Years Annualised---
10 Years Annualised---

Morningstar SRRI

Lower Risk
Higher Risk
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
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 Profile30/11/2016

Morningstar Style Box®

Equity Style

Large, Mid, SmallSize
Value, Blend, Growth
Style
Top Holdings
NameSector%
IncreaseDecreaseNew since last portfolio
IncreaseNovo Nordisk A/S B Healthcare7.18
IncreaseAtlas Copco AB A Industrials6.51
IncreaseSampo Oyj A Financial Services6.41
IncreaseNokia Oyj Technology4.23
IncreaseAutoliv Inc DR Consumer Cyclical4.17
Asset Allocation %
LongShortNet
Stocks96.650.0096.65
Bonds0.000.000.00
Cash3.350.003.35
Other0.000.000.00
Top Stock Regions
Region%
Europe - ex Euro67.11
Eurozone29.78
United Kingdom3.12
United States0.00
Japan0.00
Top Stock Sectors
Stock Sector%
Industrials23.98
Financial Services21.82
Consumer Cyclical17.98
Healthcare9.14
Technology6.88
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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