Morningstar Fund Report  | 03/04/2025Print

Nordea 1 - Emerging Stars Equity Fund HBC GBP

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Nordea 1 - Emerging Stars Equity Fund HBC GBP
Fund-11.5-29.63.76.31.3
+/-Cat-----
+/-B’mrk-----
 
Category: Other Equity
Category Benchmark: -
Key Stats
NAV
02/04/2025		 GBP 106.71
Day Change 0.68%
Morningstar Category™ Other Equity
IA (formerly IMA) Sector Global Emerging Markets
ISIN LU0841604746
Fund Size (Mil)
02/04/2025		 USD 1281.31
Share Class Size (Mil)
02/04/2025		 GBP 0.12
Max Initial Charge 5.00%
Ongoing Charge
12/03/2025		  1.16%
Investment Objective: Nordea 1 - Emerging Stars Equity Fund HBC GBP
To provide shareholders with investment growth in the long term. The fund mainly invests in equities of companies in emerging markets. In actively managing the fund’s portfolio, the management team selects companies with a particular focus on their ability to comply with international standards for environmental, social and corporate governance, and to offer superior growth prospects and investment characteristics.
Returns
Trailing Returns (GBP)02/04/2025
YTD2.59
3 Years Annualised-3.03
5 Years Annualised4.42
10 Years Annualised-
12 Month Yield 0.00
Management
Manager Name
Start Date
Jakob Zierau
30/11/2021
Pierre-Henri Cloarec
02/08/2021
Inception Date
06/08/2018

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI EM NR USD-
Portfolio Profile for  Nordea 1 - Emerging Stars Equity Fund HBC GBP31/03/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock99.210.0099.21
Bond0.000.000.00
Property0.000.000.00
Cash0.810.020.79
Other0.000.000.00
Top 5 Regions%
Asia - Emerging54.05
Asia - Developed25.85
Latin America11.52
Europe - Emerging6.07
United Kingdom1.27
Top 5 Sectors%
Technology23.61
Consumer Cyclical21.06
Financial Services17.42
Industrials11.40
Communication Services10.71
Top 5 HoldingsSector%
Taiwan Semiconductor Manufacturi... TechnologyTechnology9.31
Tencent Holdings LtdCommunication ServicesCommunication Services8.80
Alibaba Group Holding Ltd Ordina... Consumer CyclicalConsumer Cyclical5.98
Samsung Electronics Co LtdTechnologyTechnology4.44
ICICI Bank LtdFinancial ServicesFinancial Services3.94
Increase Decrease New since last portfolio
Nordea 1 - Emerging Stars Equity Fund HBC GBP
Growth Of 1000 (GBP) 31/03/2025
Fund:  Nordea 1 - Emerging Stars Equity Fund HBC GBP
Category:  Other Equity
Category Index: 
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 202120222023202431/03
Price Return-11.49-29.573.716.331.26
+/- Category-----
+/- Category Index-----
% Rank in Category-
Trailing Returns (GBP)02/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day0.68   --
1 Week-2.00   --
1 Month0.84   --
3 Months3.51   --
6 Months-5.61   --
YTD2.59   --
1 Year5.21   --
3 Years Annualised-3.03   --
5 Years Annualised4.42   --
10 Years Annualised-   --
 
Category: Other Equity
Category Index: 
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20251.26---
20242.994.717.17-7.99
20234.74-1.07-8.138.94
2022-12.56-14.96-12.388.09
2021-1.555.76-7.62-7.97
 
 
 
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 Dev18.59 %
3-Yr Mean Return-1.83 %
 
3-Yr Sharpe Ratio-0.32
 
Modern Portfolio Statistics-31/03/2025
 Standard IndexBest Fit Index
   Cat 50%JPM EMBI Plus TR&50%MSCI EM NR
3-Yr Beta-1.72
3-Yr Alpha--4.52
 
Investment Style Details31/03/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)USD 63412-
Market Capitalisation% of Equity
Giant68.16
Large20.61
Medium9.97
Small1.26
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings15.581.00
Price/Book2.401.04
Price/Sales2.641.41
Price/Cash Flow8.610.88
Dividend-Yield Factor1.890.75
 
Long-Term Projected Earnings Growth10.101.00
Historical Earnings Growth11.211.67
Sales Growth7.771.54
Cash-Flow Growth20.762.92
Book-Value Growth10.583.32
 
Category: Other Equity
Asset Allocation31/03/2025
Asset Allocation
 % Long% Short% Net Assets
Stock99.210.0099.21
Bond0.000.000.00
Property0.000.000.00
Cash0.810.020.79
Other0.000.000.00
World Regions31/03/2025
 % of EquityRelative to Category
United States1.240.03
Canada0.000.00
Latin America11.529.77
United Kingdom1.270.14
Eurozone0.000.00
Europe - ex Euro0.000.00
Europe - Emerging6.072.45
Africa0.000.00
Middle East0.000.00
Japan0.000.00
Australasia0.000.00
Asia - Developed25.8511.42
Asia - Emerging54.058.05
 
Category: Other Equity
Sector Weightings31/03/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials2.790.19
Consumer CyclicalConsumer Cyclical21.062.30
Financial ServicesFinancial Services17.421.07
Real EstateReal Estate3.041.17
Consumer DefensiveConsumer Defensive7.851.34
HealthcareHealthcare2.110.26
Communication ServicesCommunication Services10.711.59
IndustrialsIndustrials11.400.96
TechnologyTechnology23.611.40
 
Category: Other Equity
Top 10 Holdings31/03/2025
 Portfolio NEW
Total Number of Equity Holdings46
Total Number of Bond Holdings0
Assets in Top 10 Holdings47.31
NameSectorCountry% of Assets
Taiwan Semiconductor Manufacturing Co... 311Taiwan9.31
Tencent Holdings Ltd308China8.80
Alibaba Group Holding Ltd Ordinary Sh... 102China5.98
Samsung Electronics Co Ltd311Korea, Republic Of4.44
ICICI Bank Ltd103India3.94
HDFC Bank Ltd103India3.13
Trip.com Group Ltd ADR102China3.01
MercadoLibre Inc102Brazil3.00
SK Hynix Inc311Korea, Republic Of2.91
Meituan Class B102China2.80
 
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 Date06/08/2018
Fund Advisor(s)
Nordea Investment Management AB
Fund ManagerJakob Zierau
Manager Start Date30/11/2021
Fund ManagerPierre-Henri Cloarec
Manager Start Date02/08/2021
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Charge5.00%
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.85%
Ongoing Charge1.16%
Purchase Details
Minimum Investments
Initial-
Additional-
Savings-
Tax Free Savings Schemes
ISAsYes