Morningstar Fund Report  | 11/04/2025Print

Nordea 1 - Global Climate and Environment Fund HBI USD

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Nordea 1 - Global Climate and Environment Fund HBI USD
Fund37.0-1.73.417.5-8.9
+/-Cat-----
+/-B’mrk-----
 
Category: Other Equity
Category Benchmark: -
Key Stats
NAV
10/04/2025		 USD 46.76
Day Change 3.36%
Morningstar Category™ Other Equity
ISIN LU1059906773
Fund Size (Mil)
10/04/2025		 EUR 6737.50
Share Class Size (Mil)
10/04/2025		 USD 15.15
Max Initial Charge -
Ongoing Charge
12/03/2025		  0.94%
Investment Objective: Nordea 1 - Global Climate and Environment Fund HBI USD
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)10/04/2025
YTD-14.28
3 Years Annualised1.81
5 Years Annualised12.23
10 Years Annualised-
12 Month Yield 0.00
Management
Manager Name
Start Date
Thomas Sørensen
13/03/2008
Henning Padberg
13/03/2008
Inception Date
05/09/2017

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI World NR EUR-
Portfolio Profile for  Nordea 1 - Global Climate and Environment Fund HBI USD31/03/2025
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 HBI USD
Growth Of 1000 (GBP) 31/03/2025
Fund:  Nordea 1 - Global Climate and Environment Fund HBI USD
Category:  Other Equity
Category Index: 
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 20192020202120222023202431/03
Price Return37.6318.4837.00-1.723.4117.52-8.90
+/- Category-------
+/- Category Index-------
% Rank in Category-
Trailing Returns (GBP)10/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day3.36   --
1 Week-2.50   --
1 Month-6.97   --
3 Months-16.93   --
6 Months-7.82   --
YTD-14.28   --
1 Year-7.42   --
3 Years Annualised1.81   --
5 Years Annualised12.23   --
10 Years Annualised-   --
 
Category: Other Equity
Category Index: 
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-8.90---
202411.150.69-5.4311.03
20232.70-0.360.080.98
2022-4.09-2.6712.25-6.21
20219.815.087.6510.29
2020-13.5922.793.907.48
 
 
 
Morningstar Rating™(Relative to Category)-
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-Year--Not Rated
5-Year--Not Rated
10-Year--Not Rated
Overall--Not Rated
 
Category :  Other EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev14.97 %
3-Yr Mean Return5.42 %
 
3-Yr Sharpe Ratio0.09
 
Modern Portfolio Statistics-31/03/2025
 Standard IndexBest Fit Index
   Morningstar US Mid NR USD
3-Yr Beta-0.67
3-Yr Alpha--0.97
 
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 Earnings19.681.26
Price/Book2.691.17
Price/Sales2.281.21
Price/Cash Flow12.651.30
Dividend-Yield Factor1.690.67
 
Long-Term Projected Earnings Growth10.871.08
Historical Earnings Growth8.131.21
Sales Growth5.191.03
Cash-Flow Growth17.012.39
Book-Value Growth8.332.62
 
Category: Other Equity
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 States61.531.43
Canada1.770.24
Latin America0.000.00
United Kingdom5.510.59
Eurozone17.591.43
Europe - ex Euro6.511.51
Europe - Emerging0.000.00
Africa0.000.00
Middle East0.000.00
Japan5.531.21
Australasia0.000.00
Asia - Developed0.000.00
Asia - Emerging1.570.23
 
Category: Other Equity
Sector Weightings31/03/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials11.280.77
Consumer CyclicalConsumer Cyclical9.931.09
Financial ServicesFinancial Services6.730.41
Consumer DefensiveConsumer Defensive4.260.73
HealthcareHealthcare1.720.21
UtilitiesUtilities12.803.01
IndustrialsIndustrials30.192.54
TechnologyTechnology23.091.37
 
Category: Other Equity
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: Other Equity
 
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 Date05/09/2017
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 Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.75%
Ongoing Charge0.94%
Purchase Details
Minimum Investments
Initial-
Additional-
Savings-
Tax Free Savings Schemes
ISAsNo