DNB Fund ECO Absolute Return retail A

121.38
0.7714 / 0.63%
107.44 - 123.68+0.73
NAV in EUR1-day change52-week range3-yr sharpe ratio

As of market close Apr 19 2018.

    Total returns on £1,000

    As of Apr 19 2018.

    Objective

    Fund Structure - The fund has the ability to benefit from movements in the prices of equities either up or down. Specifically, the fund takes long and short positions in equities of renewable energy companies anywhere in the world. Although the fund actually places most of its assets in high quality debt securities, most of its performance is derived from its exposure to equities. Investment Process - The Investment Manager uses its own analysis to determine which equities appear most likely to rise in value and which appear most likely to fall. The Investment Manager then takes long positions on the former and short positions (using derivatives) on the latter.

    Profile

    Fund typeFCP
    Investment style (stocks)
    Market Cap: Small
    Investment Style: Value
    Income treatmentAccumulation
    Morningstar categoryAlt - Market Neutral - Equity
    IMA sector
    Launch date20/10/2010
    Price currencyEUR
    DomicileLuxembourg
    ISINLU0547714286
    Manager & start date
    Jon Sigurdsen
    20/10/2010
    Christian Rom
    03/01/2011

    Investment

    Pricing frequencyDaily
    Fund size
    12.84m GBPAs of Mar 31 2018
    Share class size
    979.11k GBPAs of Mar 31 2018
    Total expense ratio1.64%
    Initial charge5.00%
    Annual charge1.50%
    Exit charge0.00%
    Min. initial investment876.00 GBP
    Min. additional investment--
    Min. regular investment--
    UK ISAYes
    Available for saleAustria, Finland, Germany, Iceland, Latvia, Lithuania, Luxembourg, Switzerland, United Kingdom

    Diversification

    Asset type

    Bond
    67.16%
    Cash
    25.54%
    Non-UK stock
    7.30%
    Other
    0.00%
    UK stock
    0.00%

    Top 5 sectors

    Utilities
    3.12%
    Energy
    2.29%
    Industrials
    1.89%

    Top 5 Regions

    Developed Country
    6.17%
    United States
    4.74%
    Australasia
    1.44%
    Asia - Emerging
    1.13%
    Emerging Market
    1.13%

    Sector and region weightings are calculated using only long position holdings of the portfolio.

    Top 5 holdings

    Company1 year
    change
    Portfolio
    weight
    Long
    allocation
    BELGIUM TREASURY BILLS 0.00% 12-13 14/03U--18.55%
    Germany -303- 4.25% 03-14 04/01a--18.52%
    France Btan 2.50% 09-14 12/01a--15.85%
    France Btan 4.50% 08-13 12/07a--14.24%
    Renewable Energy Group Inc+26.34%2.29%
    As of Dec 31 2012.Data delayed by at least 15 minutes.

    The performance data shown in tables and graphs on this page is calculated in GBP of the fund/index/average (as applicable), on a Bid To Bid / Nav to Nav basis, with gross dividends re-invested on ex-dividend date. Past performance is not necessarily a guide to future performance; unit prices may fall as well as rise.

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