Stable Emerging Markets Equity Fund BI EUR

Overview

Fund classes:
Nordea 1 - Stable Emerging Markets Equity Fund BI EUR
€75.50 Price
€-1.94
-2.51%
Today's Change
ISIN LU0637344895
Share Class Accumulation
Ongoing Charge 1.18801%
Annual Management Charge 0.99492%

The fund's objective is to provide shareholders with investment growth in the long term. In actively managing the fund's portfolio, the management team selects companies that appear to offer superior growth prospects and investment characteristics. PAI is taken into consideration as part of the investment process. The fund mainly invests in equities of companies in emerging markets. Specifically, the fund invests at least 75% of total assets in equities and equity-related securities issued by companies that are domiciled, or conduct the majority of their business, in emerging markets. The fund may invest in, or be exposed to up to 25% of its total assets in China A-shares (directly via the Stock Connect). The fund will be exposed (through investments or cash) to other currencies than the base currency. The fund may use derivatives and other techniques for hedging (reducing risks), efficient portfolio management and to seek investment gains. A derivative is a financial instrument which derives its value from the value of an underlying asset. The use of derivatives is not cost or risk-free. The fund is promoting environmental and/or social characteristics as per Article 8 of the EU Sustainable Finance Disclosure Regulation (SFDR). Further information regarding the way the fund takes environmental and/or social criteria into account is available in the fund's prospectus and accessible via nordea.lu. The fund is subject to Nordea Asset Management's responsible investment policy. Any investor may redeem its shares in the fund on demand, on a daily basis. This fund may not be appropriate for investors who plan to withdraw their money within a period of 5 years. While the fund compares its performance against the 80% MSCI Emerging Markets Index (Net Return) and 20% ICE 1 Month USD LIBOR (FX adjusted), it may freely select the securities that it will invest in. The fund uses the MSCI Emerging Markets Index (Net Return) and MSCI Emerging Markets Minimum Volatility Index (Net Return) for risk comparison only. The risk characteristics of the fund's portfolio may bear some resemblance to those of the benchmarks. The fund uses a benchmark which is not aligned with the environmental and social characteristics of the fund. This share class is not distributing dividends. Income from investments is reinvested. The fund is denominated in USD. Investments in this share class settle in EUR. USD/EUR fluctuations may lead the performance in EUR of the share class to significantly deviate from the fund performance in USD.

Performance

Price and Net Asset Value breakdown

Midprice €75.50
Change on Day €-1.94
Change on Day % -2.51%
52 week high €82.12
52 week low €68.47
Fund currency EUR
Date updated 03 April 2025

Fund details

Fund Type SICAV
Unit Type Accumulation
Standard initial Charge -
Annual Management Charge 0.99492%
Dividend Frequency -
Latest Distribution Info -

Fund manager information

Fund Manager Company Nordea

Fund manager biographies

Name Claus Vorm
Since 03 October 2011
Bio Claus Vorm holds a Master’s Degree in Mathematics and Economics and a Ph.D. on the Interplay between Insurance and Finance. As part of his academic career, Mr. Vorm worked as an associate professor at the Laboratory of Actuarial Mathematics at the University of Copenhagen from 2000 to 2001. He then joined McKinsey & Co. as a part of their Financial Institutions Group before joining Nordea Investment Management AB in 2004.
Name Robert Næss
Since 03 October 2011
Bio Robert Næss began his career in 1990 as a financial analyst with Handelsbanken (Skillingsbanken). In 1992 Mr. Næss joined BKK as Head of Electricity Trading. Mr. Næss then joined Vital in 1994 as an equities portfolio manager/analyst and in 1996 Mr Næss was promoted to Head of Equity Investments in Vital/DNB. In 2003, Mr. Næss joined DNB Asset Management as a global equity portfolio manager before joining Nordea Investment Management AB as a portfolio manager in 2004.
View all manager information