Morningstar Fund Report  | 03/04/2025Print

Nordea 1 - Global Climate and Environment Fund BP EUR

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Nordea 1 - Global Climate and Environment Fund BP EUR
Fund25.3-10.64.07.6-5.5
+/-Cat10.32.3-0.94.8-1.0
+/-B’mrk5.6-2.9-11.3-11.7-1.2
 
Category: Sector Equity Ecology
Category Benchmark: Morningstar Global TME NR USD
Key Stats
NAV
02/04/2025		 EUR 31.90
Day Change 0.27%
Morningstar Category™ Sector Equity Ecology
ISIN LU0348926287
Fund Size (Mil)
02/04/2025		 EUR 7288.19
Share Class Size (Mil)
02/04/2025		 EUR 2817.52
Max Initial Charge 5.00%
Ongoing Charge
12/03/2025		  1.81%
Investment Objective: Nordea 1 - Global Climate and Environment Fund BP EUR
To provide shareholders with investment growth in the long term and create positive environmental impact. The fund mainly invests in equities of companies from anywhere in the world. To provide shareholders with investment growth in the long term and create positive environmental impact. The fund mainly invests in equities of companies from anywhere in the world.
Returns
Trailing Returns (GBP)02/04/2025
YTD-4.46
3 Years Annualised0.80
5 Years Annualised13.71
10 Years Annualised10.49
12 Month Yield 0.00
Management
Manager Name
Start Date
Thomas Sørensen
13/03/2008
Henning Padberg
13/03/2008
Inception Date
13/03/2008

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI World NR EURMorningstar Global TME NR USD
Portfolio Profile for  Nordea 1 - Global Climate and Environment Fund BP EUR31/03/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock98.030.0098.03
Bond0.000.000.00
Property0.000.000.00
Cash1.980.021.97
Other0.000.000.00
Top 5 Regions%
United States61.53
Eurozone17.59
Europe - ex Euro6.51
Japan5.53
United Kingdom5.51
Top 5 Sectors%
Industrials30.19
Technology23.09
Utilities12.80
Basic Materials11.28
Consumer Cyclical9.93
Top 5 HoldingsSector%
Republic Services IncIndustrialsIndustrials4.29
Waste Management IncIndustrialsIndustrials4.20
Cadence Design Systems IncTechnologyTechnology3.94
Air Liquide SABasic MaterialsBasic Materials3.86
Munchener Ruckversicherungs-Gese... Financial ServicesFinancial Services3.54
Increase Decrease New since last portfolio
Nordea 1 - Global Climate and Environment Fund BP EUR
Growth Of 1000 (GBP) 31/03/2025
Fund:  Nordea 1 - Global Climate and Environment Fund BP EUR
Category:  Sector Equity Ecology
Category Index:  Morningstar Global TME NR USD
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-12.3730.3426.5425.28-10.633.967.60-5.48
+/- Category-1.636.80-2.3210.252.29-0.904.78-1.05
+/- Category Index-8.868.7814.295.62-2.91-11.29-11.70-1.20
% Rank in Category69843930613257
Trailing Returns (GBP)02/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day0.27   0.01-0.20
1 Week-1.84   1.090.39
1 Month-4.20   0.901.60
3 Months-5.99   -0.75-2.14
6 Months-1.85   5.80-3.37
YTD-4.46   0.78-0.62
1 Year-4.17   3.25-9.09
3 Years Annualised0.80   3.35-6.74
5 Years Annualised13.71   5.69-1.53
10 Years Annualised10.49   4.860.11
 
Category: Sector Equity Ecology
Category Index: Morningstar Global TME NR USD
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-5.48---
20248.03-0.71-2.072.43
20233.67-0.64-3.544.63
2022-6.63-9.184.311.04
20215.095.574.817.74
2020-16.0825.018.0711.62
 
 
 
Morningstar Rating™(Relative to Category)28/02/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAverageBelow Average4 star
5-YearAbove AverageBelow Average4 star
10-YearHighAverage5 star
OverallAbove AverageAverage5 star
 
Category :  Sector Equity EcologyClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev13.44 %
3-Yr Mean Return1.28 %
 
3-Yr Sharpe Ratio-0.20
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar Global TME NR USD  Morningstar Gbl SMID NR USD
3-Yr Beta1.010.92
3-Yr Alpha-6.76-2.37
 
Investment Style Details31/03/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)EUR 35300-
Market Capitalisation% of Equity
Giant11.89
Large46.34
Medium28.87
Small12.89
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings19.680.99
Price/Book2.690.90
Price/Sales2.281.09
Price/Cash Flow12.650.99
Dividend-Yield Factor1.690.97
 
Long-Term Projected Earnings Growth10.871.06
Historical Earnings Growth8.130.86
Sales Growth5.191.00
Cash-Flow Growth17.011.74
Book-Value Growth8.330.98
 
Category: Sector Equity Ecology
Asset Allocation31/03/2025
Asset Allocation
 % Long% Short% Net Assets
Stock98.030.0098.03
Bond0.000.000.00
Property0.000.000.00
Cash1.980.021.97
Other0.000.000.00
World Regions31/03/2025
 % of EquityRelative to Category
United States61.531.13
Canada1.770.59
Latin America0.000.00
United Kingdom5.511.07
Eurozone17.590.82
Europe - ex Euro6.510.93
Europe - Emerging0.000.00
Africa0.00-
Middle East0.000.00
Japan5.531.31
Australasia0.000.00
Asia - Developed0.000.00
Asia - Emerging1.571.13
 
Category: Sector Equity Ecology
Sector Weightings31/03/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials11.281.52
Consumer CyclicalConsumer Cyclical9.931.36
Financial ServicesFinancial Services6.730.94
Consumer DefensiveConsumer Defensive4.261.27
HealthcareHealthcare1.720.28
UtilitiesUtilities12.801.85
IndustrialsIndustrials30.190.94
TechnologyTechnology23.090.94
 
Category: Sector Equity Ecology
Top 10 Holdings31/03/2025
 Portfolio NEW
Total Number of Equity Holdings48
Total Number of Bond Holdings0
Assets in Top 10 Holdings35.90
NameSectorCountry% of Assets
Republic Services Inc310United States4.29
Waste Management Inc310United States4.20
Cadence Design Systems Inc311United States3.94
Air Liquide SA101France3.86
Munchener Ruckversicherungs-Gesellsch... 103Germany3.54
Linde PLC101United States3.52
American Water Works Co Inc207United States3.46
Emerson Electric Co310United States3.06
Swiss Re AG103Switzerland3.06
National Grid PLC207United Kingdom2.97
 
Increase Decrease New since last portfolio
Category: Sector Equity Ecology
 
Management
Name of CompanyNordea Investment Funds SA
Phone00352 43 39 50 1
Websitewww.nordea.lu
Address562, rue de Neudorf
 Luxembourg   L-2220
 Luxembourg
DomicileLuxembourg
Legal StructureSICAV
UCITSYes
Inception Date13/03/2008
Fund Advisor(s)
Nordea Investment Management AB
Fund ManagerThomas Sørensen
Manager Start Date13/03/2008
 
Biography
Thomas Sørensen has been the portfolio manager on the Nordea 1 – Global Climate and Environment Fund since its launch in 2008. In 1999, he joined the Asset Management division and has undertaken a number of portfolio management and research responsibilities, including now being the analyst responsible for the Commodities Super Sector research globally. Thomas began his career in 1997 with Nordea. He holds a BSc. Finance from Copenhagen Business School.
Fund ManagerHenning Padberg
Manager Start Date13/03/2008
 
Biography
Henning Padberg has been the portfolio manager on the Nordea 1 – Global Climate and Environment Fund since 2009. He began his career in 2008 with Nordea Asset Management as a research associate focusing on the financial sector globally. In 2011 Henning became responsible for the IT sector research globally. In 2014 Henning became part of the portfolio management team on our European Focus equity products and responsible for the Cyclical Super Sector research globally. Henning holds a MSc. in Business Management from the University of Münster, Germany.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Charge5.00%
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge1.50%
Ongoing Charge1.81%
Purchase Details
Minimum Investments
Initial-
Additional-
Savings-
Tax Free Savings Schemes
ISAsYes