Nordea 1 - Alpha 10 MA Fund - HBI - SEK/  LU0445387094  /

The fund's objective is to maximise shareholder return in the long term through a combination of income and investment growth (total return). The fund targets a volatility in the range of 7% to 10%, where 10% is seen as the tail volatility during adverse market conditions. In actively managing the fund's portfolio, the management team seeks exposure to various risk premia strategies that have little or no correlation with each other. The allocation between these strategies is based on continuous bottom-up valuations combined with a focus on short-term market behaviour across asset classes and risk factors. The team also takes both long and short positions and manages currencies actively. The fund mainly invests, directly or through derivatives, in various asset classes such as equities, bonds issued by companies, financial institutions or public authorities, money market instruments and currencies from anywhere in the world. Specifically, the fund may invest in equities and equity-related securities, debt securities and debt-related securities, money market instruments, and UCITS/UCIs, including exchange-traded funds. The fund may invest in credit default swaps. Due to its extensive use of derivatives, the fund may hold above 20% of its total assets in cash and cash equivalents. The fund may be exposed (through investments or cash) to other currencies than the base currency.

The fund's objective is to maximise shareholder return in the long term through a combination of income and investment growth (total return). The fund targets a volatility in the range of 7% to 10%, where 10% is seen as the tail volatility during adverse market conditions.