LU2840086693
Nordea 1 – Global Impact Fund SGD-Hedged

  • Equities
  • Global
  • SGD Cash
  • Accumulating
Invest with
SGD Cash
Payout type
Accumulating
Risk rating
5
About this fund
Description
The Fund aims to provide shareholders with investment growth in the long term and create positive environmental and social impact.
Key information
Annual report
Product Highlight Sheet
Prospectus
Information Memorandum
Factsheet
Our perspective
Why we think this fund is best-in-class
product
Product
Offers a unique, impact-driven strategy that focuses on both the “climate (or E)” and “social (or S)” aspects of ESG investing, while delivering attractive, top-tier returns.
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people
People
Highly experienced team of 2 portfolio managers who manage the successful (now soft-closed) Climate & Environment strategy at Nordea and supported by a deep bench of dedicated ESG and Impact analysts.
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performance
Performance
While the Fund was only incepted in July 2021, the investment process and team is similar to Nordea’s successful Global Climate & Environment strategy.
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process
Process
Global, bottom-up approach with stringent investment criteria, focused on companies developing solutions that create an impact for the climate and/or society, with superior growth prospects. Resulting portfolio of 40 to 60 companies is invested broadly into four buckets: (1) Health and Wellbeing, (2) Inclusion and Opportunity, (3) Sustainable Living, and (4) Low Carbon Economy. Fund’s investment process incorporates full ESG integration, earning it a rating of SFDR Article 9
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cost
Cost
Endowus offers institutional share class with 0% trailer fee, achieving a lower cost of access.
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selectionCriteria
How it fits in a portfolio
The portfolio is suitable for investors who wish to take a step further than simply participating in strategies with simple, positive ESG screening (i.e. investing in companies with ESG-friendly practices). The onboarding of this Fund showcases Endowus’ effort to grant investors access to the best-in-class investment products, including relatively young products that typically are not offered by other distributors such as private banks. Regardless, investors are urged to make a prudent assessment of the Fund before deciding to invest.
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Invest in this fund
Performance
Shows the total return of this accumulating fund, which includes dividends reinvested.
Total returns
All Time
5.20%
YTD
6.98%
1 month
0.48%
6 month
11.13%
1 year
1.59%
As of Sep 2025
Distributions
This is an accumulating fund, so dividends are re-invested at the fund level.
Risk metrics
Max drawdown
-9.14%As of Sep 2025
Volatility
11.31%As of Sep 2025
Calendar returns
YearTotalJanFebMarAprMayJunJulAugSepOctNovDec
2025-3.5%-2.7%-4.4%2.2%5.8%2.6%0.4%-0.7%0.5%---
2024------0.0%-0.0%4.2%-0.6%-3.8%4.2%-5.2%
Top Exposures
MercadoLibre Inc3.41%
Arista Networks Inc3.40%
ASML Holding NV3.12%
Linde PLC2.93%
Synopsys Inc2.75%
Nutanix Inc Class A2.73%
Prysmian SpA2.71%
Air Liquide SA2.65%
Emerson Electric Co2.57%
ASM International NV2.52%
Waste Management Inc2.47%
Palo Alto Networks Inc2.44%
MasTec Inc2.42%
Tenet Healthcare Corp2.35%
Equitable Holdings Inc2.29%
Top exposures represent up to 15 of the fund's largest exposures for each category. Allocation percentages may not sum up to 100% and can include negative values due to rounding or trading activities by the underlying fund managers, including short positions.
Fund fees
2.28%1.53% p.a.
Save 32%
Save up to 65% in fees
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fee comparison
Fund facts
ISIN
LU2840086693
Fund house
Nordea AM
Fund size
S$239.4M
As of 30 Oct 2025
Fund inception date
20 Jun 2024
Fund class currency
SGD
Fund share class
HB SGD
Oldest share inception date
06 Jul 2021
Pricing frequency
Daily

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