On this page
The Nordea 1 – Global Sustainable Stars Equity Fund BP-EUR is a global, actively managed equity fund focused on sustainable investing and long-term capital growth. Designed to invest in high-quality companies worldwide, this fund integrates Environmental, Social, and Governance (ESG) principles into its investment process while seeking to outperform global benchmarks over time. finanzen.net+1
This fund is particularly suitable for expats in Germany who want a globally diversified equity holding combined with a strong sustainability orientation within a core investment portfolio.
https://www.fondsweb.com/de/LU0985320059
Fund Overview
| Attribute | Details |
|---|---|
| Fund name | Nordea 1 – Global Sustainable Stars Equity Fund BP-EUR |
| ISIN / WKN | LU0985320059 / A2AJ9C |
| Fund type | Global Equity Fund |
| Management company | Nordea Investment Funds S.A. |
| Benchmark | MSCI All Country World Index (ACWI) |
| Investment style | Active, bottom-up selection |
| ESG integration | Yes – sustainability focus |
| Dividend policy | Accumulating (thesaurierend) |
| Launch date | 17.05.2016 |
| Fund domicile | Luxembourg |
| Manager | Joakim Ahlberg (and Fundamental Equities Team) |
| Primary currency | EUR |
| Minimum investment | No stated minimum |
| Underlying strategy | Long-only global equity |
| Risk profile | Equity risk, global markets |
| Volatility / Risk indicators | Moderate for equities |
| Investment universe | Global developed and emerging equities |
The Nordea 1 – Global Sustainable Stars Equity Fund BP-EUR combines active stock selection with rigorous sustainability screening, aiming to select global companies that demonstrate strong financial fundamentals and robust ESG profiles. Fondsweb
Investment Philosophy and Strategy
The Nordea 1 – Global Sustainable Stars Equity Fund follows a bottom-up equity selection process. This means fund managers identify individual companies based on detailed fundamental analysis rather than simply replicating a market index. The process incorporates:
- Rigorous fundamental research to find companies with sustainable competitive advantages and long-term earnings potential
- Quantitative and qualitative ESG analysis to identify firms meeting high sustainability standards
- Active risk management to build a diversified yet focused portfolio of about 70–90 stocks globally
- Longer investment horizons, typically holding positions for multiple years to benefit from structural growth trends and compounding returns Nordea Funds+1
The fund’s managers aim to generate sustainable outperformance versus the MSCI ACWI index over long time frames by investing in companies that are well positioned both financially and from a sustainability perspective. FT Märkte
Global Sustainable and Quality-Focused Approach
The Nordea 1 – Global Sustainable Stars Equity Fund selects companies that are expected to benefit from long-term growth drivers, such as:
- Technological innovation
- Demographic changes (e.g., aging populations)
- Environmental transition and decarbonization
- Consumer and market shifts toward more responsible business practices
Companies are evaluated not only on traditional financial metrics but also on sustainability criteria such as environmental performance, social responsibility, and governance standards. This helps reduce exposure to companies with poor ESG practices, which may face regulatory, reputational, or operational risks in the future. Professional investor
Performance Overview
Nordea 1 – Global Sustainable Stars Equity Fund BP-EUR has a performance track record since inception comparable to broad global equity benchmarks, with the potential for attractive long-term returns:
| Timeframe | Approx. Performance |
|---|---|
| 6 months | +6.24 % |
| 1 year | +0.56 % |
| 3 years | +31.87 % |
| 5 years | +46.47 % |
This performance profile reflects the typical characteristics of global equity markets blended with active stock selection. Relative returns may vary by source and methodology, but the fund has shown multi-year amplification of global equity trends. DAS INVESTMENT
Volatility and Risk Measures
The fund’s volatility over multiple horizons shows that while it fluctuates with equity markets, it remains in line with expectations for a global growth-oriented equity strategy:
| Timeframe | Approx. Volatility |
|---|---|
| 1 year | ~14.39 % |
| 3 years | ~10.90 % |
| 5 years | ~11.33 % |
A moderate volatility profile is typical for global equity funds that maintain diversified exposure but invest in quality and sustainability characteristics. This supports long-term growth with measured risk. finanzen.net
Portfolio Construction and Geographic Allocation
While specific holdings vary over time, the Nordea strategy emphasizes broad geographic diversification and quality stock selection:
- Global exposure across developed and selected emerging markets
- Sector diversification aiming to balance growth and resilience
- Top geographic exposure often includes significant positions in the U.S., Europe, and other developed regions depending on opportunities evaluated by the management team
- Focus on companies with strong free cash flow and profitability metrics
This broad global allocation helps reduce dependency on any single market while capturing secular growth trends worldwide. comdirect
Sustainability Integration and ESG Leadership
A core strength of the Nordea 1 – Global Sustainable Stars Equity Fund is its ESG integration, not merely exclusionary screening but a robust, holistic sustainability evaluation:
- Environmental: assessing carbon risk, resource efficiency, environmental strategy
- Social: examining labour standards, diversity, and community impact
- Governance: analyzing board structure, shareholder rights, transparency
Nordea’s ESG STARS framework also ensures that companies in the portfolio meet high-quality ESG standards and contribute to sustainable solutions, not just avoid harm. This approach is supported by independent ESG ratings and aligns with evolving investor preferences for responsible wealth accumulation. Professional investor
Why This Fund Matters for Expats in Germany
From a Finanz2Go perspective, the Nordea 1 – Global Sustainable Stars Equity Fund is an attractive core equity choice for expat clients in Germany due to several important, data-backed criteria:
1. True Global Diversification
Expat investors often require exposure beyond local markets to truly internationalize their portfolios. This fund provides diversified global equity exposure across regions and sectors, reducing home market bias and offering access to growing global industries. Nordea Funds
2. Quality and Long-Term Stability
By focusing on sustainable competitive advantages and strong fundamentals, the fund aims for consistent compound returns over time. This approach aligns well with retirement planning and long-term wealth building—especially for expats with extended investment horizons of 5–10+ years. Professional investor
3. ESG Integration That Reduces Risk
Companies with poor ESG practices often underperform over the long term due to regulatory fines, brand damage or operational challenges. The fund’s integration of sustainability criteria is not only ethically aligned but intended to enhance risk-adjusted returns for investors. Professional investor
4. Performance Data Reflecting Market Trends
Historical performance indicates the fund has delivered competitive returns over multi-year periods, despite the broad market environment. This shows the fund’s ability to navigate both rising and volatile markets. finanzen.net
5. Accessibility for German Investors
The fund is EUR-denominated and accessible via common German investment platforms, making it practical for expats who need a dependable global equity holding without unnecessary currency hedging or access complications. finanzen.net
6. Long-Term Growth with Moderate Risk
With a moderate volatility profile and diversified portfolio, the fund offers an appealing balance between growth potential and risk exposure—ideal for expatriates saving for retirement or long-term financial goals. finanzen.net
Risks to Consider
Investing in the Nordea 1 – Global Sustainable Stars Equity Fund BP-EUR involves equity investment risks, including market volatility, potential capital loss, and fluctuations in fund value. Past performance does not guarantee future results. The heavy reliance on global equity markets means the fund is best suited for investors with longer investment horizons and tolerance for market fluctuations.
Conclusion: Why Finanz2Go Recommends This Fund
In summary, the Nordea 1 – Global Sustainable Stars Equity Fund BP-EUR ticks multiple boxes for expatriate investors:
✔ Global diversification across industries and markets
✔ Active, bottom-up stock selection based on fundamentals
✔ Integrated sustainability (ESG) criteria
✔ Moderate long-term performance with measured risk
✔ EUR-denominated and accessible in Germany
✔ Suitable for long-term wealth accumulation and retirement planning
This makes the fund a compelling core equity building block for expats seeking growth, sustainability and thoughtful risk management in their investment portfolios.