Global Value Equities EUR Acc
Basic equities
Profile
Investment profile
The fund is actively managed and pursues an equal weight strategy and a value strategy. The strategy basically has two aims. Firstly, investments are made in shares traded at low prices, ie value shares. Secondly, all portfolio shares carry equal weight, which means that most of the investors’ assets are invested in small and medium-size shares. We pursue an equal weight strategy and a value strategy because in a historical context inexpensive and small shares have proved to outperform the share market over time. The portfolio composition aims to reduce regional risk and sector risk relative to the fund’s benchmark.
The typical investor
The typical investor has an investment horizon of at least 3 years and is looking for a high degree of diversification across countries, sectors and companies as a good long-term investment opportunity. Investors are expected to know that risk factors, see “Risk factors” below, may at times lead to significant price fluctuations within the fund.
Benchmark
The fund invests globally in shares. Investments are diversified across different countries and industries. The fund’s largest investments are in USA and Europe. The fund pursues an equal weight value strategy. The idea behind equal weight is that all equity investments represent roughly the same share in the fund. For instance if the fund has invested in 100 shares, each share will constitute around 1.0% of the fund. When investing according to a value strategy, we select companies that are inexpensively priced based on a number of financial ratios relative to the share price of the companies.
The fund’s benchmark is MSCI All Country World Index, including net dividends, unhedged to EUR.
- Portfolio Manager
Portefoliemanager
Romanas Narusis, CFA
Portfolio Manager
Education: MSc, CFA, FRM
Phone: +45 7437 3369
Mail: romanas.narusis@sydbank.dk
Michael Thomassen, CFA
Portfolio Manager
Education: MSc, CFA, FRM
Phone: +45 7437 3367
Mail: michael.thomassen@sydbank.dk
Returns
Date 12/05/21 12:08Today's Return: -0.31%
Return Apr.: +1.02%
Return YtD: +16.16%
NAV per. 12/05/21 12:08
| Today's Returns | -0.31 % |
| Return year to date, % | 16.16 % |
| Redemption | 18.47 |
| Subscription | 18.47 |
| NAV | 18.47 |
| Total Assets (m) | 8 EUR |
Returns - Last Update 01/05/21
| Return year to date, % | 16.07 % |
| 1 Year | 31.86% |
| 3 Years | 22.81% |
| 5 Years | 50.98% |
| 7 Years | 81.40% |
| 10 Years | 135.43% |
NAV at 12pm
| Date | NAV at 12pm |
|---|---|
| 11/05/2021 | 18.53 |
| 10/05/2021 | 18.80 |
| 07/05/2021 | 18.76 |
| 06/05/2021 | 18.66 |
| 05/05/2021 | 18.61 |
| 04/05/2021 | 18.57 |
| 03/05/2021 | 18.39 |
| 29/04/2021 | 18.42 |
| 28/04/2021 | 18.43 |
| 27/04/2021 | 18.40 |
| 26/04/2021 | 18.37 |
| 23/04/2021 | 18.35 |
| 22/04/2021 | 18.42 |
| 21/04/2021 | 18.28 |
| 20/04/2021 | 18.28 |
| 19/04/2021 | 18.47 |
| 16/04/2021 | 18.46 |
| 15/04/2021 | 18.39 |
| 14/04/2021 | 18.37 |
| 13/04/2021 | 18.46 |
| 12/04/2021 | 18.36 |
| 09/04/2021 | 18.36 |
| 08/04/2021 | 18.45 |
| Show More | |
Return & Dividend
| Year | Returns | Dividend | Income on equity | Capital income | Taxfree | NAV per unit (End Year) |
|---|---|---|---|---|---|---|
| 2020 | -8.30% | 0.00 | 0.00 | 0.00 | 0.00 | 15.90 |
| 2019 | 23.92% | 0.00 | 0.00 | 0.00 | 0.00 | 17.34 |
| 2018 | -7.39% | 0.00 | 0.00 | 0.00 | 0.00 | 13.99 |
| 2017 | 4.22% | - | 0.00 | 0.00 | 0.00 | 15.11 |
| 2016 | 17.70% | - | 0.00 | 0.00 | 0.00 | 14.50 |
| 2015 | 6.75% | - | 0.00 | 0.00 | 0.00 | 12.32 |
| 2014 | 16.52% | - | 0.00 | 0.00 | 0.00 | 11.54 |
| 2013 | 15.92% | - | 0.00 | 0.00 | 0.00 | 9.90 |
| 2012 | 12.30% | - | 0.00 | 0.00 | 0.00 | 8.54 |
| 2011 | -4.85% | - | 0.00 | 0.00 | 0.00 | 7.61 |
| 2010 | 25.04% | - | 0.00 | 0.00 | 0.00 | 8.00 |
| 2009 | 30.23% | - | 0.00 | 0.00 | 0.00 | 6.39 |
| 2008 | -42.50% | - | 0.00 | 0.00 | 0.00 | 4.91 |
| 2007 | -3.37% | - | 0.00 | 0.00 | 0.00 | 8.54 |
| 2006 | 5.64% | - | 0.00 | 0.00 | 0.00 | 8.84 |
| 2005 | 19.54% | - | 0.00 | 0.00 | 0.00 | 0.00 |
| 2004 | 3.15% | - | 0.00 | 0.00 | 0.00 | 0.00 |
| 2003 | 11.88% | - | 0.00 | 0.00 | 0.00 | 0.00 |
| 2002 | -35.77% | - | 0.00 | 0.00 | 0.00 | 0.00 |
| 2001 | -16.14% | - | 0.00 | 0.00 | 0.00 | 0.00 |
| 2000 | -7.38% | - | 0.00 | 0.00 | 0.00 | 0.00 |
| 1999 | 52.38% | - | 0.00 | 0.00 | 0.00 | 0.00 |
| 1998 | 10.56% | - | 0.00 | 0.00 | 0.00 | 0.00 |
| 1997 | 16.14% | - | 0.00 | 0.00 | 0.00 | 0.00 |
| 1996 | 16.48% | - | 0.00 | 0.00 | 0.00 | 0.00 |
| 1995 | 7.45% | - | 0.00 | 0.00 | 0.00 | 0.00 |
| 1994 | -8.03% | - | 0.00 | 0.00 | 0.00 | 0.00 |
| Show More | ||||||
Latest trends
| Global Value Equities EUR Acc | Return April | Return YtD |
|---|---|---|
| Latest trend | 1.02% | 16.07% |
| Return benchmark | 2.17% | 11.22% |
Fund Holdings
Fund Holdings
| Top 10 Holdings | Industry | Country | Proportion |
|---|---|---|---|
| Magna International-Cl A | Auto Parts & Equipment | Canada | 0.65% |
| Johnsonntrols | Building Products | USA | 0.60% |
| Dr Horton | Homebuilding | USA | 0.60% |
| Interpublic Group Ofs | Advertising | USA | 0.60% |
| Phison Electronics Corp | Semiconductors | Taiwan | 0.60% |
| Hartford Financial Services | Multi-line Insurance | USA | 0.60% |
| Fifth Third Bancorp | Regional Banks | USA | 0.58% |
| Pulte Homes | Homebuilding | USA | 0.57% |
| RioCan Real Estate Investment Trust | Retail REITs | Canada | 0.57% |
| Igm Financial | Asset Management & Custody Banks | Canada | 0.57% |
| Fund Holdings: 203 | |||
| Show all | |||
Distribution by country
Distribution by industry
| Industry | Proportion | Changes in percentage points |
|---|---|---|
| Information Technology | 21.21% | -0.01% |
| Financials | 13.43% | -0.42% |
| Consumer Discretionary | 12.75% | 0.43% |
| Health Care | 11.63% | -0.12% |
| Industrials | 10.21% | 0.33% |
| Telecommunication Services | 9.37% | 1.28% |
| Consumer Staples | 7.07% | -1.47% |
| Materials | 4.52% | 0.54% |
| Energy | 2.74% | 0.00% |
| Other | 7.07% | -0.22% |
Distribution by country
| Country | Proportion | Changes in percentage points |
|---|---|---|
| USA | 54.14% | -2.24% |
| Japan | 6.20% | -0.05% |
| Canada | 5.24% | 1.71% |
| China | 4.73% | 0.92% |
| Great Britain | 4.14% | -0.82% |
| France | 3.33% | -0.78% |
| Taiwan | 2.96% | 1.38% |
| Germany | 2.30% | 0.34% |
| South Korea | 2.19% | -1.39% |
| Other | 14.76% | 1.25% |
Risk
Lower risk
Higher risk
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Potentially lower rewards
Potentially higher rewards
Risk Scale
Placement of the fund on the scale is determined by the fluctuations of the funds NAV over the past five years.
Historical return fluctuations p.a.
Fees and Expenses
Fees and Expenses
| Fees and Expenses | Total Management Fee | ÅOP (Costs) | Indirect Trade Cost | Subscription | Redemption |
|---|---|---|---|---|---|
| Global Value Equities EUR Acc | 1.22 % | 2.03 % | 0.04 % | 0.00 % | 0.00 % |
Key Information per. 30/4-21
| ISIN | DK0060647600 |
| Danish VP Code | 6064760 |
| Inception of Share Class | 21.09.2015 |
| Benchmark | MSCI All Country World |
| Listed | No |
| Accumulated | Yes |
| AGM (annual general meeting) | 01.04.2021 |
| Rec. investment horizon | Min. 4 years |
| Portfolio Manager | M. Thomassen & R. Narusis |
| Base currency | EUR |
| TER (incl. depositary and adm.exp) | 1,22 % |
| ÅOP (Costs) | 2,03 % |
| Indirect Trade Cost | 0.04 % |
| Share Class Assets (m) | 8 EUR |
| Total Assets (m) | 54 EUR |
| Denomination | 10 |
| NAV ultimo 2020 | 15.90 EUR |
| NAV ultimo April 2021 | 18.46 |
| Tax Rate | - |
| Fund Holdings | 203 |
| Dividend (2020) | 0.00 |
| Year to Date | 16,07 % |
| Active Share | 84.0 |
| Tracking Error | - |
| Deviation + (1 year) (per. 29/4-21) | 15.10 |
| Deviation + (3 years) (per. 29/4-21) | 20.57 |
| Sharpe Ratio (3 Years) (per. 29/4-21) | 0.35 |