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Nordea 1 - Emerging Stars Equity BP USD

Ranked 19 out of 259 in - Global Emerging Markets over 12 months
All calculations are in EUR unless stated

Managed by

Jorry Rask Nøddekær

Copenhagen-based Jorry Rask Nøddekær joined Nordea Investment Management in 2011. Prior to joining the company he worked at various firms including Danske Capital, F&C Investment Management, New Star Asset Management and BankInvest Asset Management. Nøddekær studied at Aarhus University in Denmark where he gained an MSc in economics and finance. His interests outside of fund management include tennis, soccer and skiing.

Objective

The sub-fund invests its assets, within the investment restrictions listed below, in companies with a particular focus on their ability to comply with international standards for environmental, social and corporate governance, and more particularly in companies that are considered to have the potential to grow out of the emerging markets, e.g. by establishing themselves as global players. The sub-fund invests globally and at least three-fourths of its total assets (excluding cash) in equity related securities of companies which are domiciled or exercise the predominant part of their economic activity in the emerging markets.

Showing fund performance in Luxembourg View performance globally

Performance

Global Emerging Markets over : 30/09/2016 - 30/09/2017

Total Return

Quarterly Performance

to 29/09/2017 Annual Q1 Q2 Q3 Q4
2017 10.0% 2.6% 6.4%
2016 8.9% -5.3% 4.1% 8.6% 1.7%
2015 -3.9% 13.8% -4.4% -17.6% 7.3%
2014 21.0% 0.7% 9.0% 5.9% 4.1%
2013 -3.4% 3.0% -7.5% -1.4% 2.9%
2012 21.3% 11.6% -4.0% 8.4% 4.3%
2011 -15.5% 9.1%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/07/2017

Top 10 Holdings

Stock Size
Samsung Electronics Co Ltd ORD 7.32
Tencent Holdings Ltd ORD 6.06
Taiwan Semiconductor Manufacturing Co Ltd ORD 5.39
Alibaba Group Holding Ltd DR 5.39
Ping An Insurance Group Co of China Ltd ORD 3.41
Naspers Ltd ORD 3.36
Housing Development Finance Corporation Ltd ORD 3.19
Phoenix Mills Ltd ORD 2.75
AIA Group Ltd ORD 2.26
China Resources Pharmaceutical Group Ltd ORD 2.24
31/07/2017

Registered For Sale In

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

Fund Info

  • Launch date15/04/2011
  • Share Class size81Mn
  • Base currencyUSD
  • ISIN LU0602539602

Purchase Info

  • Min. initial investment0
  • Min. regular additional investment0

Charges

  • Annual management1.50%

Related News

Nordea's Nøddekær: back China but avoid its banks

BERLIN: Nordea's global emerging markets equity manager sees big opportunities in tech and remains overweight China.

Nordea severs Tokio AM link after Asia strategy underperformance

EXCLUSIVE: The end of the partnership with Tokio Marine will see the Nordic firm bring one of its externally-managed funds in-house for the first time.

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