Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Nordea 1 - North American All Cap BP USD

Ranked 1451 out of 1871 in - US over 12 months
All calculations are in USD unless stated

Managed by

Ed Cowart


The sub-fund aims to preserve Shareholders' capital and provide an adequate long-term rate of return: It may exploit all available sources of excess return, including stock selection and asset allocation. The sub-fund shall invest at least three-fourths of its net assets in stocks of companies domiciled or exercising the predominant part of their economic activity in North America.

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


US over : 31/12/2016 - 31/12/2017

Total Return

Quarterly Performance

to 31/12/2017 Annual Q1 Q2 Q3 Q4
2017 16.0% 4.4% 2.0% 2.6% 6.2%
2016 8.6% -1.5% 0.1% 5.5% 4.3%
2015 -8.6% -1.5% -0.1% -12.1% 5.6%
2014 6.9% 2.9% 4.5% -2.9% 2.4%
2013 40.5% 13.5% 5.8% 6.8% 9.5%
2012 7.2% 2.4%

Month by Month Performance

Returns Vs Risk

Asset Allocation



Top 10 Holdings

Stock Size
Procter & Gamble Co ORD 4.32
Darling Ingredients Inc ORD 4.23
Microsoft Corp ORD 4.18
Apple Inc ORD 3.91
Aetna Inc ORD 3.89
Union Pacific Corp ORD 3.75
Citigroup Inc ORD 3.57
Ingersoll-Rand PLC ORD 3.56
Allergan plc ORD 3.54
Intercontinental Exchange Inc ORD 3.42

Registered For Sale In

  1. Austria
  2. Belgium
  3. Denmark
  4. Estonia
  5. Finland
  6. France
  7. Germany
  8. Italy
  9. Latvia
  10. Lithuania
  11. Luxembourg
  12. Netherlands
  13. Norway
  14. Poland
  15. Singapore
  16. Spain
  17. Sweden
  18. Switzerland
  19. United Kingdom

Fund Info

  • Launch date30/05/2012
  • Share Class size130Mn
  • Base currencyEUR
  • ISIN LU0772958525

Purchase Info

  • Min. initial investment0
  • Min. regular additional investment0


  • Annual management1.50%
  • Initial investment1.5

Related News

Thanksgiving themes: three US equity experts on trends to track

As the holdiay season begins, Citywire Global collated the views of three industry experts to uncover their outlook for the market.

Veteran US equity manager hired by SWF giant

Former Citywire + rated manager and 20-year market veteran named in senior post at Abu Dhabi’s giant investment fund.

Fundamental drivers more important than FX, says US equity veteran

Eagle Investment's Ed Cowart explains the pros and cons of a stronger US dollar and why FX is just one piece of the whole story.

Equities veteran Cowart: why now's the time to buy US banks

VIDEO: In the first of a two-part US equity outlook, Eagle Asset Management's seasoned investor names the top financials to back.

US equity bull run is far from over, says veteran Cowart

The 40 year market veteran believes investors have shrugged off macro concerns and there is still plenty of value to be found in US equities.

Fed more concerned by deflation risk, says Nordea US manager

The US equity market will continue to run on according to Nordea's John Pandtle.

Time for Apple to cut to China's core, says Eagle AM’s Cowart

VIDEO: The veteran US equity manager is confident the tech giant will announce a China Mobile tie-up imminently.

Microsoft set to up shareholder dividend, says Eagle AM's Cowart

The Florida-based manager explains the impact of the Nokia tie-up and why some investors view it as 'two sick friends' teaming up to get better.

Nine managers triumph at annual Sauren Awards

FRANKFURT: Investors from a host of different firms and sectors honoured at German company’s awards ceremony.

Nordea to merge US growth mandate into all-cap fund

Nordic firm unveils plan to roll existing $100m strategy into recently launched US equity mandate being run by Florida-based boutique.


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