Fact sheet: Nordea 1 Emrg Mkt Blend Bd

Fund information
Fund name
Nordea 1 Emerging Market Blend Bond BP USD
Fund manager company
Nordea
Fund type
Offshore Fund
Fund managers
  • David Besseysince 03/09/2012
  • Cathy Hepworthsince 03/09/2012
Fund objective
This sub-fund shall invest a minimum of two-thirds of its total assets in debt securities issued by private borrowers and public authorities, which are domiciled or exercise the predominant part of their economic activity in an Emerging Market country. The fund will invest in bonds denominated in local currencies as well as in bonds denominated in hard currencies such as USD and EUR.
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
17.3%
1 Year rank in sector
40/200
Sector
FO Fixed Int - Emerging Markets
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.57%
Fund size
£108m (£117m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
85
Top in this sector
Fund name1 Year
UBS (L)BdSIC-Brazil$53.7%
Pictet Lat Am Lcl Cur Dt43.1%
SEI Emg Mkts Dt37.3%
Aviva Investors Emg Mkts Bd36.6%
Old Mutual Em Mt Dt36.4%
...more in FO Fixed Int - Emerging Markets

Performance snapshot

Holdings snapshot

  • Brazil10%
    Indonesia9.2%
    Mexico8%
    Turkey6.2%
    South Africa5.2%
  • BB34.3%
    BBB25.1%
    B18.2%
    A16.1%
    CCC2.6%
  • American Emerging Fixed Interest17%
    Brazilian Fixed Interest10%
    Indonesian Fixed Interest9.2%
    Mexican Fixed Interest8%
    Middle East & African Fixed Interest7.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.2%5.9%11%17.3%7.5%-
Sector0.4%4.7%8.5%13.1%3.8%13.9%
Rank within sector88 / 21340 / 21036 / 20740 / 20093 / 162-
Quartile2nd1st1st1st3rd
Calendar performance
 YTD - 20162015201420132012
Fund17%-7.9%0.7%-8.8%-
Sector13.2%-7.3%-0.6%-7%14.7%
Rank within sector34 / 205127 / 19493 / 17080 / 125-
Quartile1st3rd3rd3rd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
0.81
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
1.27
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-0
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
9.57
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
2.37
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.53
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.98
Price movement
52 week high105.19
52 week low85.93
Current bid price-
Current offer price-
Current mid price104.26
Region
1Brazil10.04%
2Indonesia9.17%
3Mexico7.98%
4Turkey6.16%
5South Africa5.2%
6Poland4.21%
7Argentina4.04%
8Russia3.6%
9Colombia3.41%
Industry sector
1BB34.32%
2BBB25.14%
3B18.16%
4A16.05%
5CCC2.59%
6Money Market2.44%
7Non-Rated1.02%
8AA0.21%
9CCC-0.07%
Asset type
1American Emerging Fixed Interest17.03%
2Brazilian Fixed Interest10.04%
3Indonesian Fixed Interest9.17%
4Mexican Fixed Interest7.98%
5Middle East & African Fixed Interest7.92%
6European Emerging Fixed Interest6.71%
7African Fixed Interest5.47%
8South African Fixed Interest5.2%
9Polish Fixed Interest4.21%
Individual holdings
1POLAND(STATE TREASURY OF) 4.0% BDS 25/10/23 PLN10002.54%
2MEXICO(UNITED MEXICAN STATES) 5% BDS 11/12/19 MXN1002.07%
3MINISTRY OF FINANCE (THAILAND) 4.875% BDS 22/06/29 THB10001.94%
4BRAZIL(FEDERATIVE REPUBLIC OF) 10% BDS 01/01/21 BRL10001.84%
5BRAZIL(FEDERATIVE REPUBLIC OF) 10% BDS 01/01/25 BRL10001.61%
6BRAZIL(FEDERATIVE REPUBLIC OF) 10% BDS 01/01/23 BRL10001.56%
7HUNGARY 6% BDS 24/11/23 HUF100001.51%
8ARGENTINA(REPUBLIC OF) 1.33% BDS 31/12/38 USD10001.44%
9SOUTH AFRICA(REPUBLIC OF) 7.75% BDS 28/02/23 ZAR11.4%
Management
Fund manager group
Nordea
Fund manager company
Nordea
Fund type
Offshore Fund
Fund objective
This sub-fund shall invest a minimum of two-thirds of its total assets in debt securities issued by private borrowers and public authorities, which are domiciled or exercise the predominant part of their economic activity in an Emerging Market country. The fund will invest in bonds denominated in local currencies as well as in bonds denominated in hard currencies such as USD and EUR.
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
David Bessey03/09/2012David Bessey is managing director and head of Prudential Fixed Income's Emerging Markets Debt Team, investing in emerging market debt denominated in both $US and local currencies. Mr. Bessey is also senior portfolio manager for all Core Plus Fixed Income strategies and for the Emerging Markets Debt Long/Short Strategy. Mr. Bessey has been managing emerging market debt portfolios since 1995. Prior to joining Prudential Financial in 1989, Mr. Bessey was a project manager on various engineering projects in the United States, Asia, and Latin America. Mr. Bessey received a BS in Geological Engineering from Cornell University and an MBA in Finance from the Sloan School at the Massachusetts Institute of Technology (MIT).
Cathy Hepworth03/09/2012Cathy L. Hepworth, CFA, is portfolio manager and Emerging Markets Sovereign Strategist for Prudential Fixed Income's Emerging Markets Team. Ms. Hepworth co-founded the firm's emerging markets debt management effort with David Bessey in 1996. Previously, Ms. Hepworth was an analyst in the credit unit of Prudential Financial's Capital Management Group, focusing on sovereigns, foreign banks, Canadian Provinces, energy sectors, insurance companies and domestic banks. Prior to joining Prudential Financial in 1989, she held analyst positions at Bankers Trust, Merrill Lynch, and Golembe Associates. Ms. Hepworth received a BSFS from Georgetown University, School of Foreign Service.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Estonia, Finland, France, United Kingdom, Italy, Lithuania, Luxembourg, Latvia, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden
Nordea 1 Emerging Market Blend Bond BI EUR
Initial charge3%
Annual charge0.8%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.06%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price94.81
CurrencyEUR
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF28U
Nordea 1 Emerging Market Blend Bond BI USD
Initial charge3%
Annual charge0.8%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.06%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price106.43
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF28T
Nordea 1 Emerging Market Blend Bond BP EUR
Initial charge3%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.57%
Total expense ratio (TER)1.56%
Bid price-
Offer price-
Mid price92.87
CurrencyEUR
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF28X
Nordea 1 Emerging Market Blend Bond BP USD
Initial charge3%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.57%
Total expense ratio (TER)1.56%
Bid price-
Offer price-
Mid price104.26
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF28W
Nordea 1 Emerging Market Blend Bond E EUR
Initial charge3%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.35%
Total expense ratio (TER)2.34%
Bid price-
Offer price-
Mid price90.18
CurrencyEUR
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF28S
Nordea 1 Emerging Market Blend Bond E USD
Initial charge3%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.35%
Total expense ratio (TER)2.34%
Bid price-
Offer price-
Mid price101.24
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF28R
Nordea 1 Emerging Market Blend Bond HBI DKK
Initial charge3%
Annual charge0.8%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.06%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price655.9
CurrencyDKK
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF28V
Nordea 1 Emerging Market Blend Bond HBI NOK
Initial charge3%
Annual charge0.8%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.06%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price606.25
CurrencyNOK
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF3HE
Nordea 1 Emerging Market Blend Bond HBI SEK
Initial charge3%
Annual charge0.8%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.06%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price684.78
CurrencySEK
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF95E
Nordea 1 Emerging Market Blend Bond X USD
Initial charge-
Annual charge-
Min single investment£25,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.1%
Total expense ratio (TER)0.09%
Bid price-
Offer price-
Mid price110.06
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF7TE
Data provided by

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