LU2887856784
Nordea 1 – Global Real Estate Fund SGD-Hedged

  • Equities
  • Global
  • SGD Cash
  • Accumulating
Invest with
SGD Cash
Payout type
Accumulating
Risk rating
6
About this fund
Description
The Fund seeks to provide shareholders with investment growth in the long term. The fund mainly invests, directly or through investment funds, in equities of real estate companies from anywhere in the world. Specifically, the fund invests at least 75...
Key information
Annual report
Product Highlight Sheet
Prospectus
Information Memorandum
Our perspective
Why we think this fund is best-in-class
product
Product
Fund is a high conviction portfolio of Global Real Estate equities with a focus on high quality owners and operators.
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people
People
Managed by 2 experienced Portfolio Managers - Geoffrey Dybas and Frank Haggerty Jr who have a total of 60+ years of industry experience and have been the portfolio managers since the inception of the fund. They are supported by an experienced and collaborative team of analysts. Fund is sub-managed by Duff & Phelps Investment Management Co, a boutique fund manager that is focused on real assets. They were founded in 1932 and have more than 12bn in assets (as of December 2023).
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performance
Performance
Delivered strong risk adjusted returns since inception of the fund, outperforming both its peers and the benchmark with stock selection driving most of the outperformance.
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process
Process
Combines top-down and bottom-up research that focuses on high quality owners and operators of real estate as they believe that they offer durable cash flow and attractive risk adjusted returns.Uses a multi valuation approach with 4 different valuation methodologies to determine a company's intrinsic value while also taking into consideration the management’s ability to capitalise on opportunities. Resulting portfolio is a high conviction portfolio of 50-70 holdings with a majority in REITs.
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cost
Cost
Endowus offers retail share class with 100% trailer fee rebated back to Endowus investors to achieve lower cost of access.
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selectionCriteria
How it fits in a portfolio
This Fund is interesting for investors who may typically only focus on the local REITs market as the Fund will help broaden exposure instead of solely having a home bias in real estate. Investors should note that investing solely in the property sector involves taking on concentrated sectoral risk. Therefore when selecting the Fund, clients should consider diversifying your portfolio with allocations to other sectors and asset classes.Updated as of 2024/30/08
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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
-3.73%
YTD
6.29%
1 month
2.00%
6 month
3.16%
As of Aug 2025
Distributions
This is an accumulating fund, so dividends are re-invested at the fund level.
Risk metrics
Max drawdown
-9.43%As of Aug 2025
Volatility
11.13%As of Aug 2025
Calendar returns
YearTotalJanFebMarAprMayJunJulAugSepOctNovDec
2025-1.8%1.2%-2.2%0.3%3.5%-0.2%-0.1%2.0%----
2024---------0.0%-3.4%2.0%-8.1%
Top Exposures
Welltower Inc8.28%
Prologis Inc6.69%
Equinix Inc5.22%
Digital Realty Trust Inc4.30%
AvalonBay Communities Inc3.62%
Ventas Inc3.10%
Merlin Properties SOCIMI SA3.04%
American Homes 4 Rent Class A2.92%
Mitsui Fudosan Co Ltd2.90%
Simon Property Group Inc2.89%
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
1.93%1.18% p.a.
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Fund facts
ISIN
LU2887856784
Fund house
Nordea AM
Fund size
S$764.6M
As of 12 Sep 2025
Fund inception date
05 Sep 2024
Fund class currency
SGD
Fund share class
HB-SGD
Oldest share inception date
15 Nov 2011
Pricing frequency
Daily

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