Nordea

Nordea 1 - Stable Equity Long/Short Fund

Strategy Description

The objective of Nordea 1 – Stable Equity Long/Short Fund is to provide investors with a long- term capital appreciation that has a relatively low correlation with the returns of the equity markets. The fund employs different equity strategies in order to provide positive returns whilst maintaining a negative correlation to the equity market. The universe of potential equity strategies used includes, but is not limited to, the Low Risk Anomaly Strategy and the Momentum Strategy. The Low Risk Anomaly Strategy targets companies with stable fundamentals and a risk premium that is higher than justified by the companies’ systematic market risk. In the second step, the systematic market risk is then eliminated by shorting equity indices. The Momentum Strategy is used to provide downside protection by shorting equity futures in market environments where the risk aversion is deemed to be high. The strategies are implemented using direct investments in equities, through derivatives, or, to a limited extent by investing in exchange traded funds.

Fund Information

General Information

NHX CategoryEquities
NHX CountrySweden
Legal StructureSICAV
Fund DomicileLuxembourg
Minimum Investment00 EUR
AUM1,597M EUR
Inception DateNov 2012
Management Fee1.20%
Performance Fee10.00%

Company Information

CompanyNordea
PrincipalJohan Palmborg
AddressRegeringsgatan 59
Stockholm, SE-105 71
Phone+46857942217
E-mail[email protected]
Websitehttp://funds.nordea.com/eng/services/funds/performance.asp
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2018 1.42 -3.85 -0.96 -0.27 -3.26 0.21 2.31 0.65 -0.16 -4.00
2017 -0.09 3.25 -1.10 -1.88 -0.31 0.01 -1.43 -1.90 -1.64 -2.33 3.17 -0.53 -4.85
2016 4.77 1.05 1.47 -1.58 -0.65 3.12 -0.55 -4.71 -0.54 -3.82 -3.36 -0.39 -5.47
2015 -2.16 1.40 -0.04 -0.23 0.03 -1.67 5.31 -1.93 0.26 -1.73 -2.66 3.05 -0.67
2014 -1.64 2.71 3.19 1.04 -0.08 0.08 1.59 0.18 0.06 0.56 2.49 0.43 11.03
2013 3.76 0.60 3.30 2.23 0.47 1.50 0.05 -2.99 -0.86 0.87 1.62 -1.40 9.32
2012 -2.43 -2.47 -4.84

Portfolio Managers

No data filled

Disclaimer

This information is intended for institutional investors only. All data including performance numbers have been supplied by the respective managers and funds. HedgeNordic in no way guarantees the accuracy of these numbers and has supplied them to you for information purposes only. This does not constitute a solicitation to buy or an offer to sell. No investment should be made without fully reviewing the associated risk factors, fees and conflicts of interest as outlined in each fund’s risk disclosure document. There may be funds which have chosen not to be listed in the HedgeNordic database and the NHX that may have better or worse performance than those in our database.

The risk of loss in investing in hedge funds can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. Past results are not necessarily indicative of future results. Trade only with risk capital. Sales restrictions may apply in your jurisdiction.

Monthly Returns

Performance (VAMI)

Distribution of Monthly Returns

12 MONTH ROLLING ROR Return

Drawdown Report

No. Depth (%) Length (Months) Recovery (Months) Start date End date
Fund Index Fund Index Fund Index Fund Index Fund Index
1 -22.63% 23 0 07/2016 -
2 -5.95% 4 2 08/2015 01/2016
3 -4.84% 2 3 11/2012 03/2013
4 -4.39% 6 2 08/2013 03/2014
5 -2.68% 6 1 01/2015 07/2015

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return0.93%-0.10%-0.32%-0.70%-0.45%
% Positive66.67%50.00%41.67%29.17%33.33%
Avg. Pos. Period1.48%1.06%1.55%1.57%2.04%
Avg. Neg. Period-0.16%-1.23%-1.62%-1.60%-1.65%
Sharpe Ratio3.14-0.18-0.51-1.22-0.67
Sortino Ratio34.80-0.26-0.68-1.40-0.90
Monthly Volatility1.03%1.66%2.02%1.92%2.20%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 5.31%-4.71%0.01%-0.04%-0.16%49.30%
3 Months 9.10%-8.84%0.13%0.23%2.81%52.17%
6 Months 12.41%-12.73%0.07%0.10%-0.60%51.52%
1 Year 11.03%-13.68%-0.09%2.51%-3.78%56.67%
2 Years 21.38%-22.47%0.47%2.68%-15.43%52.08%
3 Years 22.28%-16.73%1.62%0.55%-14.89%50.00%
5 Years 8.43%-9.93%-1.70%-3.32%-3.76%41.67%

Volatility (12 Months Rolling)

CORRELATION (12 MONTH ROLLING)

AUM (EUR)

Disclaimer

This information is intended for institutional investors only. All data including performance numbers have been supplied by the respective managers and funds. HedgeNordic in no way guarantees the accuracy of these numbers and has supplied them to you for information purposes only. This does not constitute a solicitation to buy or an offer to sell. No investment should be made without fully reviewing the associated risk factors, fees and conflicts of interest as outlined in each fund’s risk disclosure document. There may be funds which have chosen not to be listed in the HedgeNordic database and the NHX that may have better or worse performance than those in our database.

The risk of loss in investing in hedge funds can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. Past results are not necessarily indicative of future results. Trade only with risk capital. Sales restrictions may apply in your jurisdiction.

Strategy Description

The objective of Nordea 1 – Stable Equity Long/Short Fund is to provide investors with a long- term capital appreciation that has a relatively low correlation with the returns of the equity markets. The fund employs different equity strategies in order to provide positive returns whilst maintaining a negative correlation to the equity market. The universe of potential equity strategies used includes, but is not limited to, the Low Risk Anomaly Strategy and the Momentum Strategy. The Low Risk Anomaly Strategy targets companies with stable fundamentals and a risk premium that is higher than justified by the companies’ systematic market risk. In the second step, the systematic market risk is then eliminated by shorting equity indices. The Momentum Strategy is used to provide downside protection by shorting equity futures in market environments where the risk aversion is deemed to be high. The strategies are implemented using direct investments in equities, through derivatives, or, to a limited extent by investing in exchange traded funds.

Fund Information

General Information

NHX CategoryEquities
NHX CountrySweden
Legal StructureSICAV
Fund DomicileLuxembourg
Minimum Investment00 EUR
AUM1,597M EUR
Inception DateNov 2012
Management Fee1.20%
Performance Fee10.00%

Company Information

CompanyNordea
PrincipalJohan Palmborg
AddressRegeringsgatan 59
Stockholm, SE-105 71
Phone+46857942217
E-mail[email protected]
Websitehttp://funds.nordea.com/eng/services/funds/performance.asp
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2018 1.42 -3.85 -0.96 -0.27 -3.26 0.21 2.31 0.65 -0.16 -4.00
2017 -0.09 3.25 -1.10 -1.88 -0.31 0.01 -1.43 -1.90 -1.64 -2.33 3.17 -0.53 -4.85
2016 4.77 1.05 1.47 -1.58 -0.65 3.12 -0.55 -4.71 -0.54 -3.82 -3.36 -0.39 -5.47
2015 -2.16 1.40 -0.04 -0.23 0.03 -1.67 5.31 -1.93 0.26 -1.73 -2.66 3.05 -0.67
2014 -1.64 2.71 3.19 1.04 -0.08 0.08 1.59 0.18 0.06 0.56 2.49 0.43 11.03
2013 3.76 0.60 3.30 2.23 0.47 1.50 0.05 -2.99 -0.86 0.87 1.62 -1.40 9.32
2012 -2.43 -2.47 -4.84

Portfolio Managers

No data filled

Return Statistics

Last Month Return -
3 Month Return 2.81%
Year to Date Return -4.00%
12 Month Return -3.78%
36 Month Return -14.89%
Total Return Annualized -0.16%
Winning Months (%) 49.30%
Average Winning Month 1.66%
Average Losing Month -1.60%
Total Return Cumulative -0.94%

Risk Statistics (12M)

1 Year
Sharpe Ratio-0.51
Sortino Ratio-0.68
Sterling-0.21
Calmar-0.47
Skewness-0.18
Kurtosis0.26
Maximum Drawdown-8.13%
Correlation vs S&P 5000.60
Annualized Volatility7.00%
Annualized Down. Deviation4.85%

Risk/Return Comparison

Monthly Returns

Performance (VAMI)

Distribution of Monthly Returns

12 MONTH ROLLING ROR Return

Drawdown Report

No. Depth (%) Length (Months) Recovery (Months) Start date End date
Fund Index Fund Index Fund Index Fund Index Fund Index
1 -22.63% 23 0 07/2016 -
2 -5.95% 4 2 08/2015 01/2016
3 -4.84% 2 3 11/2012 03/2013
4 -4.39% 6 2 08/2013 03/2014
5 -2.68% 6 1 01/2015 07/2015

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return0.93%-0.10%-0.32%-0.70%-0.45%
% Positive66.67%50.00%41.67%29.17%33.33%
Avg. Pos. Period1.48%1.06%1.55%1.57%2.04%
Avg. Neg. Period-0.16%-1.23%-1.62%-1.60%-1.65%
Sharpe Ratio3.14-0.18-0.51-1.22-0.67
Sortino Ratio34.80-0.26-0.68-1.40-0.90
Monthly Volatility1.03%1.66%2.02%1.92%2.20%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 5.31%-4.71%0.01%-0.04%-0.16%49.30%
3 Months 9.10%-8.84%0.13%0.23%2.81%52.17%
6 Months 12.41%-12.73%0.07%0.10%-0.60%51.52%
1 Year 11.03%-13.68%-0.09%2.51%-3.78%56.67%
2 Years 21.38%-22.47%0.47%2.68%-15.43%52.08%
3 Years 22.28%-16.73%1.62%0.55%-14.89%50.00%
5 Years 8.43%-9.93%-1.70%-3.32%-3.76%41.67%

Volatility (12 Months Rolling)

CORRELATION (12 MONTH ROLLING)

AUM (EUR)

Disclaimer

This information is intended for institutional investors only. All data including performance numbers have been supplied by the respective managers and funds. HedgeNordic in no way guarantees the accuracy of these numbers and has supplied them to you for information purposes only. This does not constitute a solicitation to buy or an offer to sell. No investment should be made without fully reviewing the associated risk factors, fees and conflicts of interest as outlined in each fund’s risk disclosure document. There may be funds which have chosen not to be listed in the HedgeNordic database and the NHX that may have better or worse performance than those in our database.

The risk of loss in investing in hedge funds can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. Past results are not necessarily indicative of future results. Trade only with risk capital. Sales restrictions may apply in your jurisdiction.