Nordea Asset Management has launched the Nordea 1 – Diversified Growth fund.
The fund is available for distribution in Singapore to accredited investors.
Nordea said in a statement that the fund embraces a total return, net long multi-asset growth portfolio aimed at delivering returns comparable to equities but with relatively lower volatility.
Its approach combines both aggressive and defensive assets, with a tilt towards growth-oriented investments.
The fund is managed by Nordea’s multi-assets team.
“We are pleased to introduce this new fund, expanding NAM’s comprehensive suite of multi-asset and absolute return funds available to accredited investors in Singapore,” said Ana Dhoraisingam, chief executive officer of Nordea Asset Management Singapore and head of Asia-Pacific distribution ex-Japan.
“Investors must rethink their portfolio construction strategies,” said Claus Vorm, co-portfolio manager of Nordea 1 – Diversified Growth Fund. “Investors who are focused on achieving equity-like returns, but also concerned about the risks, will find that our Diversified Growth fund offers a compelling alternative that seeks to maximise returns while managing volatility. We believe investors can expect a positive asymmetric return profile.”
