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Nordea 1 - GBP Diversified Return BC GBP

Ranked 46 out of 58 in - Absolute Return GBP over 12 months
All calculations are in GBP unless stated

Managed by

Asbjørn Trolle Hansen

Asbjørn Trolle Hansen is Head of the Asset Allocation Team at Nordea Investment Management. Hansen joined Nordea in 2004, after having held positions at Alfred Berg, Dresdner Kleinwort Benson and NatWest. He co-manages the Nordea 1 – Stable Return fund alongside Claus Vorm and is also lead manager on the Nordea 1- Multi Asset Plus fund. Hansen has not changed his bottom-up, fundamental investment style during his tenure on the funds, although he says that he has introduced new strategies to adapt to changes in the markets. He attended both the University of Aarhus and the London School of Economics, and holds a PhD in Mathematical Finance.

Kurt Kongsted

Kurt Kongsted holds a Master’s Degree in Economics from the University of Aarhus. Mr. Kongsted joined Nordea Investment Management AB in 2002 as an analyst within the current Multi Assets team. He has been responsible for the development of Nordea Investment Management’s proprietary Asset Liability Management tools and Strategic Asset Allocation models. Since 2005 he has been a co-portfolio manager of the Stable Return Fund range of products. In 2010 Mr. Kongsted was also appointed Head of Strategic Asset Allocation.

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 investment manager aims to invest, within the limitations listed below, the assets of the Sub-fund into equities, bonds and Money Market Instruments in anticipation of up and down market movements. The investments will be made in a wide range of Transferable Securities and Money Market Instruments. The asset allocation will be determined, from time to time, by the Management Company. The asset allocation will typically consist of Equity Related Securities and Debt Securities.

Showing fund performance globally. You can view performance in individual jurisdictions.

Performance

Absolute Return GBP over : 28/02/2016 - 28/02/2017

Total Return

Quarterly Performance

to 01/01/2017 Annual Q1 Q2 Q3 Q4
2016 5.3% 5.2% 2.0% 0.3% -2.1%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

30/11/2016

Top 10 Holdings

Stock Size
US Treasury 2.000% 15-Feb-2025 3.54
US Treasury 2.250% 15-Nov-2024 3.39
Realkrdt Danmark 1.000% 01-Apr-2019 2.77
US Treasury 2.000% 15-Nov-2021 2.45
US Treasury 2.000% 15-Feb-2023 2.39
Nykredit Realkredit A/S 2.500% 01-Oct-2047 1.65
Verizon Communications Inc ORD 1.52
CVS Health Corp ORD 1.42
Johnson & Johnson ORD 1.36
Walgreens Boots Alliance Inc ORD 1.30
30/11/2016

Registered For Sale In

  1. Luxembourg
  2. United Kingdom

Fund Info

  • Launch date23/11/2015
  • Share Class size01Mn
  • Base currencyGBP
  • ISIN LU1224690856

Purchase Info

  • Min. initial investment75,000
  • Min. regular additional investment0

Charges

  • Annual management0.70%

Related News

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