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DNB Fund ECO Absolute Return A EUR

Ranked 161 out of 180 in - Long/Short Equity over 3 months
All calculations are in EUR unless stated

Managed by

Jon Sigurdsen

Jon Sigurdsen is lead portfolio manager at DNB Asset Management for long/short and long only renewable energy strategies. He has successfully run the renewable energy long/short part of Skandia Global Hedge fund since 2008, resulting in the creation of the DNB ECO Return series in 2010. Jon joined the firm in 2005 and prior to this, he was an equity analyst at Nordea Securities in Oslo specialising in IT, telecoms and media. He graduated from the Liverpool John Moores University with a BA in Business.

Objective

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. 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.

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Performance

Long/Short Equity over : 30/03/2018 - 30/06/2018
  • Rank 161/180 Total Return
  • Rank 179/180 Standard Deviation
  • Rank 177/180 Max Drawdown
Fund Name Currency Return
159 MS Ascend UCITS I EUR EUR

-3.5%

160 Rivoli International Fund V9 E

Currency exposure is hedged

Currency exposure is hedged

EUR

-3.7%

161 DNB Fund ECO Absolute Return A EUR EUR

-3.7%

162 BDL Rempart Europe C EUR

-3.8%

163 Arcus Japan Long/Short Institutional EUR EUR

-3.8%

Fund Name Currency Risk
176 MS Alkeon UCITS I EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

14.9

177 Polar Capital UK Absolute Equity I EUR EUR

17.3

178 Algebris Financial Equity B EUR Acc EUR

20.1

179 DNB Fund ECO Absolute Return A EUR EUR

20.2

180 Arcus Japan Long/Short Institutional EUR EUR

20.6

Total Return

Quarterly Performance

to 30/06/2018 Annual Q1 Q2 Q3 Q4
2018 1.8% -3.7%
2017 6.4% 3.3% 2.0% -0.4% 1.4%
2016 18.8% 6.0% -3.0% 1.7% 13.5%
2015 -8.2% 1.5% 9.1% -8.6% -9.3%
2014 -1.8% 17.9% 6.1% -3.1% -18.9%
2013 -14.3% -11.8% -5.2% -0.9% 3.4%
2012 -1.0% -3.1% -8.5% 12.6% -0.8%
2011 17.4% 9.4% -6.7% 1.6% 13.3%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Finland
  3. Germany
  4. Iceland
  5. Latvia
  6. Lithuania
  7. Luxembourg
  8. Netherlands
  9. Norway
  10. Sweden
  11. Switzerland
  12. United Kingdom

Fund Info

  • Launch date17/12/2010
  • Share Class size01Mn
  • Base currencyEUR
  • ISIN LU0547714286

Purchase Info

  • Min. initial investment1,000
  • Min. regular additional investment0

Charges

  • Annual management1.50%
  • Initial investment1.5

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