Global Value Equities EUR Acc
Basic equities
10.44 %
Per 16/05/24 12:06
LOW RISK
HIGH RISK
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DK0060647600
1.17 %
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.
Returns (according to costs)
Returns
Per 16/05/24 12:06Today's Return +0.69 %
Return Apr: -1.65 %
Return YtD +10.44 %
NAV per. 16/05/24 12:06
| Today's Return | 0.69 % |
| Return year to date, % | 10.44 % |
| Sell | |
| Buy | |
| NAV ultimo | 23.67 |
| Total Assets (m) | 5 EUR |
Returns - Last Update 01/05/24
| Return year to date, % | 6.76 % |
| 1 Year | 16.13 % |
| 3 Years | 24.01 % |
| 5 Years | 40.60 % |
| 7 Years | 54.98 % |
| 10 Years | 124.95 % |
Return & Dividend
| Year | Returns | Dividend | Income on equity | Capital income | Taxfree | NAV per unit (End Year) |
|---|---|---|---|---|---|---|
| 2023 | 11.84 % | 0.00 | 0.00 | 0.00 | 0.00 | 21.44 |
| 2022 | -7.66 % | 0.00 | 0.00 | 0.00 | 0.00 | 19.17 |
| 2021 | 30.55 % | 0.00 | 0.00 | 0.00 | 0.00 | 20.86 |
| 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 | -7.40 % | 0.00 | 0.00 | 0.00 | 0.00 | 13.99 |
| 2017 | 4.22 % | 0.00 | 0.00 | 0.00 | 0.00 | 15.11 |
| 2016 | 17.70 % | 0.00 | 0.00 | 0.00 | 0.00 | 14.50 |
| 2015 | 6.75 % | 0.00 | 0.00 | 0.00 | 0.00 | 12.32 |
| 2014 | 16.52 % | 0.00 | 0.00 | 0.00 | 0.00 | 11.54 |
| 2013 | 15.92 % | 0.00 | 0.00 | 0.00 | 0.00 | 9.90 |
| 2012 | 12.30 % | 0.00 | 0.00 | 0.00 | 0.00 | 8.54 |
| 2011 | -4.85 % | 0.00 | 0.00 | 0.00 | 0.00 | 7.61 |
| 2010 | 25.04 % | 0.00 | 0.00 | 0.00 | 0.00 | 8.00 |
| 2009 | 30.23 % | 0.00 | 0.00 | 0.00 | 0.00 | 6.39 |
| 2008 | -42.50 % | 0.00 | 0.00 | 0.00 | 0.00 | 4.91 |
| 2007 | -3.37 % | 0.00 | 0.00 | 0.00 | 0.00 | 8.54 |
| 2006 | 5.64 % | 0.00 | 0.00 | 0.00 | 0.00 | 8.84 |
| 2005 | 19.54 % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 2004 | 3.15 % | 0.18 | 0.00 | 0.00 | 0.00 | 0.00 |
| 2003 | 11.88 % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 2002 | -35.77 % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 2001 | -16.14 % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 2000 | -7.38 % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 1999 | 52.38 % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 1998 | 10.57 % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 1997 | 16.14 % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 1996 | 16.48 % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 1995 | 7.45 % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 1994 | -8.03 % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| See more | ||||||
Latest trends
| Global Value Equities EUR Acc | Return April | Return YtD |
|---|---|---|
| Latest trend | -1.65 % | 6.76 % |
| Return benchmark | -2.01 % | 8.09 % |
Fund Holdings
Fund Holdings
| Top 10 Holdings Securities | Industry | Country | Proportion |
|---|---|---|---|
| Nvidia | Semiconductors | United States | 0.88 % |
| Dell Technologies | Technology Hardware, Storage & Peripherals | United States | 0.88 % |
| Jiangxipper | Copper | China | 0.74 % |
| Anglo American | Diversified Metals & Mining | United Kingdom | 0.71 % |
| Dick's Sporting Goods Inc | Specialty Stores | United States | 0.71 % |
| Boc Hong Kong | Diversified Banks | Hong Kong | 0.68 % |
| Avago Technologies | Semiconductors | United States | 0.67 % |
| Cigna | Health Care Services | United States | 0.67 % |
| Unicredito Italiano | Diversified Banks | Italy | 0.66 % |
| General Motors | Automobile Manufacturers | United States | 0.66 % |
| Fund Holdings: 192 | |||
| Show all | |||
Distribution by country
Distribution by industry
| Industry | Proportion | Change (%-Points) |
|---|---|---|
| Information Technology | 23.19 % | 1.34 % |
| Financials | 17.16 % | 0.96 % |
| Health Care | 11.79 % | -0.15 % |
| Consumer Discretionary | 11.19 % | 1.16 % |
| Industrials | 9.78 % | 0.40 % |
| Telecommunication Services | 7.55 % | -0.17 % |
| Consumer Staples | 6.57 % | -1.03 % |
| Energy | 5.01 % | 0.12 % |
| Materials | 3.85 % | 0.15 % |
| Other | 3.92 % | -0.36 % |
Distribution by country
| Country | Proportion | Change (%-Points) |
|---|---|---|
| United States | 61.47 % | 2.00 % |
| Japan | 5.55 % | 1.50 % |
| Canada | 4.81 % | -0.59 % |
| China | 3.94 % | -0.85 % |
| France | 3.81 % | -0.30 % |
| United Kingdom | 3.21 % | 1.22 % |
| Germany | 2.69 % | -0.90 % |
| Italy | 2.31 % | 0.89 % |
| Spain | 1.60 % | 0.56 % |
| Other | 10.60 % | -1.11 % |
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Risk
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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.
Distribution by issuer
| Distribution by issuer | Proportion |
|---|---|
| Mortgage bonds | |
| Government bonds | |
| QUASI-soverreign | |
| Company | |
| Cash |
Fees and Expenses
Fees and Expenses
| Fees and Expenses | Running approx. | Indirect Trade Cost | Subscription | Redemption |
|---|---|---|---|---|
| Global Value Equities EUR Acc | 1.17 % | 0.08 % | 5.24 % | 0.00 % |
Documents
Key Information
Key Information per. 30/4-24
| ISIN | DK0060647600 |
| Danish VP Code | 6064760 |
| Inception of Share Class | 23.11.2015 |
| Benchmark | MSCI All Country World |
| Listed | No |
| Accumulated | No |
| AGM (annual general meeting) | 22.03.2024 |
| Rec. investment horizon | Min. 4 years |
| Portfolio Manager | M. Thomassen & R. Narusis |
| Base currency | EUR |
| Expected annual costs | 1.17 % |
| Indirect Trade Cost | 0.08 % |
| Share Class Assets (m) | 5 EUR |
| Total Assets (m) | 36 EUR |
| Denomination | 10 |
| Tax rate 2023 | 21.44 EUR |
| NAV ultimo April 2024 | 22.89 |
| Tax Rate | - |
| Fund Holdings | 191 |
| Income type | Capital income |
| Taxation | Stock taxation |
| Dividend (2022) | - |
| Year to Date | 6.76 % |
| Active Share | 80.1 |
| Tracking Error | 5.5 % |
| Deviation + (1 year) (per. 27/3-24) | 9.30 |
| Deviation + (3 years) (per. 27/3-24) | 12.37 |
| Sharpe Ratio (3 Years) (per. 27/3-24) | 0.54 |