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 08/07/20 12:08Today's Return: -0.92%
Return Jun.: +0.70%
Return YtD: -17.71%
NAV per. 08/07/20 12:08
| Today's Returns | -0.92 % |
| Return year to date, % | -17.71 % |
| Redemption | 14.27 |
| Subscription | 14.27 |
| NAV | 14.27 |
| Total Assets (m) | 8 EUR |
Returns - Last Update 01/07/20
| Return year to date, % | -17.81 % |
| 1 Year | -9.06% |
| 3 Years | -1.52% |
| 5 Years | 10.88% |
| 7 Years | 56.80% |
| 10 Years | 102.82% |
Return & Dividend
| Year | Returns | Dividend | Income on equity | Capital income | Taxfree | NAV per unit (End Year) |
|---|---|---|---|---|---|---|
| 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 June | Return YtD |
|---|---|---|
| Latest trend | 0.70% | -17.81% |
| Return benchmark | 2.20% | -6.31% |
Fund Holdings
Fund Holdings
| Top 10 Holdings | Industry | Country | Proportion |
|---|---|---|---|
| MetroPCS Communications | Wireless Telecommunication Services | USA | 1.25% |
| Microsoft | Systems Software | USA | 0.94% |
| Dr Horton | Homebuilding | USA | 0.74% |
| Oracle | Systems Software | USA | 0.72% |
| Visa | Data Processing & Outsourced Services | USA | 0.72% |
| Xilinx | Semiconductors | USA | 0.71% |
| Applied Materials | Semiconductor Equipment | USA | 0.69% |
| Koninklijke Ahold Delhaize NV | Food Retail | Netherlands | 0.68% |
| Cisco Systems | Communications Equipment | USA | 0.67% |
| Open Text | Application Software | Canada | 0.67% |
| Fund Holdings: 194 | |||
| Show all | |||
Distribution by country
Distribution by industry
| Industry | Proportion | Changes in percentage points |
|---|---|---|
| Information Technology | 18.95% | 2.65% |
| Financials | 14.13% | -2.58% |
| Health Care | 13.12% | 1.70% |
| Consumer Discretionary | 10.56% | 0.73% |
| Industrials | 9.88% | 0.47% |
| Consumer Staples | 9.07% | 1.39% |
| Telecommunication Services | 8.21% | 0.14% |
| Energy | 4.42% | -2.12% |
| Materials | 3.75% | -0.49% |
| Other | 7.91% | -1.60% |
Distribution by country
| Country | Proportion | Changes in percentage points |
|---|---|---|
| USA | 56.53% | 3.56% |
| Japan | 6.13% | -0.92% |
| France | 5.58% | 0.20% |
| China | 4.85% | 0.15% |
| Great Britain | 4.19% | 0.80% |
| Canada | 3.88% | -1.16% |
| Germany | 2.14% | -0.63% |
| Netherlands | 2.13% | 0.28% |
| South Korea | 1.71% | -0.94% |
| Other | 12.87% | -1.05% |
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 | 1.20 % | 2.00 % | 0.04 % | 0.00 % | 0.00 % |
Key Information
| ISIN | DK0060647600 |
| Active Share | 81.8 |
| Tracking Error | - |
| Deviation + (1 year) | 27.56 |
| Deviation + (3 years) | 18.82 |
| Danish VP Code | 6064760 |
| Sharpe Ratio (3 Years) | -0.02 |
| NAV ultimo 2019 | 17.34 EUR |
| Year to Date | -17,81 % |
| Inception of Share Class | 21.09.2015 |
| Tax Rate | - |
| Benchmark | MSCI All Country World |
| Listed | No |
| Accumulated | Yes |
| Share Class Assets (m) | 8 EUR |
| Total Assets (m) | 39 EUR |
| Denomination | 10 |
| Base currency | EUR |
| AGM (annual general meeting) | 01.04.2020 |
| Dividend (2019) | 0.00 |
| TER (incl. depositary and adm.exp) | 1,2 % |
| ÅOP (Costs) | 2 % |
| Indirect Trade Cost | 0.04 % |
| Fund Holdings | 194 |
| Rec. investment horizon | Min. 4 years |
| Portfolio Manager | M. Thomassen & R. Narusis |
| NAV ultimo June 2020 | 14.25 |