Fact sheet: Nordea 1 US Tot Ret Bd

Fund information
Fund name
Nordea 1 US Total Return Bond BP GBP
Fund manager company
Nordea
Fund type
Offshore Fund
Fund manager
  • Jeffrey Gundlachsince 25/09/2012
Fund objective
The fund seeks to identify investment opportunities within and across subsectors of the mortgage market. This fund shall regularly invest at least 2/3 of its total assets in bonds and debt instruments issued by public or private borrowers domiciled or exercising the predominant part of their activity in the United States of America or its territories. The major part of these bonds and debt instruments (at least 50%) shall however: (i) either be issued, guaranteed, or secured by a collateral guaranteed, by the Government of the United States of America or any of its agencies, instrumentalities or sponsored corporations; or (ii) consist of privately issued mortgage-backed securities that are rated at least AA- by Standard & Poor?s or the equivalent by Moody?s or Fitch. Within the remaining 1/3 of its total assets, the fund will invest in bonds and debt securities of lower credit quality (i.e. unrated or rated BB+ or lower by Standard & Poor?s and the equivalent by Moody's or Fitch).
Benchmark
  • No Specified Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
21.4%
1 Year rank in sector
3/42
Sector
FO Fixed Int - USD
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.
1.54%
Fund size
£2,907m (£2,021m 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.
13
Top in this sector
Fund name1 Year
CG Dollar24.8%
Nordea 1 US Tot Ret Bd21.4%
Ashmore Emg Mkt Sovrn Dbt17.1%
Nordea 1 Emrg Mkt Bd14.7%
CG Gearing Portfolio12.6%
...more in FO Fixed Int - USD

Performance snapshot

Holdings snapshot

  • USA87.5%
    Money Market11.5%
    Cayman Islands1%
  • AA60.7%
    Money Market11.5%
    AAA9.2%
    CCC-6.9%
    CCC4.9%
  • US Fixed Interest87.5%
    Money Market11.5%
    American Emerging Fixed Interest1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.4%13.5%11.4%21.4%36.5%-
Sector0.1%2.8%4.6%5.8%10.3%17.9%
Rank within sector6 / 433 / 433 / 423 / 422 / 29-
Quartile1st1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund17.2%6%13%-3.7%-
Sector6.2%-0.5%3.4%0%6.8%
Rank within sector3 / 422 / 392 / 3222 / 28-
Quartile1st1st1st4th
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.
6.56
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.
0.97
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.
0.63
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%.
10.09
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.
9.74
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.
0.61
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.
0.05
Price movement
52 week high83.56
52 week low68.2
Current bid price-
Current offer price-
Current mid price82.81
Region
1USA87.51%
2Money Market11.49%
3Cayman Islands1.01%
Industry sector
1AA60.69%
2Money Market11.49%
3AAA9.18%
4CCC-6.89%
5CCC4.9%
6A3.24%
7Non-Rated1.19%
8BBB1.08%
9BB0.9%
Asset type
1US Fixed Interest87.51%
2Money Market11.49%
3American Emerging Fixed Interest1.01%
Individual holdings
1Fannie Mae REMICS 2.5% 25-11-20453.18%
2Freddie Mac Gold Pool 3.5% 01-02-20462.85%
3Freddie Mac Gold Pool 3% 01-02-20452.8%
4Freddie Mac Gold Pool 3% 01-01-20452.51%
5Fannie Mae Pool 4% 01-12-20442.31%
6Fannie Mae Pool 3% 01-04-20361.83%
7Freddie Mac Gold Pool 3.5% 01-02-20461.46%
8Freddie Mac Gold Pool 3.5% 01-04-20461.37%
9Freddie Mac Gold Pool 3% 01-04-20451.36%
Management
Fund manager group
Nordea
Fund manager company
Nordea
Fund type
Offshore Fund
Fund objective
The fund seeks to identify investment opportunities within and across subsectors of the mortgage market. This fund shall regularly invest at least 2/3 of its total assets in bonds and debt instruments issued by public or private borrowers domiciled or exercising the predominant part of their activity in the United States of America or its territories. The major part of these bonds and debt instruments (at least 50%) shall however: (i) either be issued, guaranteed, or secured by a collateral guaranteed, by the Government of the United States of America or any of its agencies, instrumentalities or sponsored corporations; or (ii) consist of privately issued mortgage-backed securities that are rated at least AA- by Standard & Poor?s or the equivalent by Moody?s or Fitch. Within the remaining 1/3 of its total assets, the fund will invest in bonds and debt securities of lower credit quality (i.e. unrated or rated BB+ or lower by Standard & Poor?s and the equivalent by Moody's or Fitch).
Benchmark
  • No Specified Index
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Jeffrey Gundlach25/09/2012Mr. Gundlach is the Chief Executive Officer and Chief Investment Officer of DoubleLine. He was formerly associated with TCW where he was Chief Investment Officer and head of fixed income activities. He is recognized as a leading expert1 in bond and fixed income investments. His investment strategies have been featured in leading publications including The New York Times, The Financial Times, The Wall Street Journal, USA Today, Barron’s, Forbes, and Fortune. In 2010, Mr. Gundlach was named to the SmartMoney Power 30. In 2011, he was featured as “The King of Bonds” in Barron’s, and named one of “5 Mutual Fund All-Stars” by Fortune Magazine. In 2012, he was named one of the “50 Most Influential” by Bloomberg Markets magazine. He is a graduate of Dartmouth College summa cum laude holding a BA in Mathematics and Philosophy. He attended Yale University as a PhD candidate in Mathematics.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Denmark, Spain, Estonia, Finland, France, United Kingdom, Italy, Lithuania, Luxembourg, Latvia, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden
Nordea 1 US Total Return Bond AC EUR
Initial charge3%
Annual charge0.65%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.03%
Total expense ratio (TER)1.02%
Bid price-
Offer price-
Mid price90.22
CurrencyEUR
Price updated22/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFWPX
Nordea 1 US Total Return Bond AC USD
Initial charge3%
Annual charge0.65%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.03%
Total expense ratio (TER)1.02%
Bid price-
Offer price-
Mid price101.37
CurrencyUSD
Price updated22/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF5EH
Nordea 1 US Total Return Bond AI EUR
Initial charge3%
Annual charge0.55%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.86%
Total expense ratio (TER)0.86%
Bid price-
Offer price-
Mid price89.32
CurrencyEUR
Price updated22/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF2KL
Nordea 1 US Total Return Bond AI GBP
Initial charge3%
Annual charge0.55%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.86%
Total expense ratio (TER)0.86%
Bid price-
Offer price-
Mid price76.78
CurrencyGBP
Price updated22/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF2KM
Nordea 1 US Total Return Bond AI USD
Initial charge3%
Annual charge0.55%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.86%
Total expense ratio (TER)0.86%
Bid price-
Offer price-
Mid price100.36
CurrencyUSD
Price updated22/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF2KK
Nordea 1 US Total Return Bond AP EUR
Initial charge3%
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.53%
Total expense ratio (TER)1.52%
Bid price-
Offer price-
Mid price88.89
CurrencyEUR
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF2KR
Nordea 1 US Total Return Bond AP GBP
Initial charge3%
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.53%
Total expense ratio (TER)1.52%
Bid price-
Offer price-
Mid price76.41
CurrencyGBP
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF2KS
Nordea 1 US Total Return Bond AP USD
Initial charge3%
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.53%
Total expense ratio (TER)1.52%
Bid price-
Offer price-
Mid price99.88
CurrencyUSD
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF2KQ
Nordea 1 US Total Return Bond BC EUR
Initial charge3%
Annual charge0.65%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.9%
Total expense ratio (TER)1.55%
Bid price-
Offer price-
Mid price98.78
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFWPW
Nordea 1 US Total Return Bond BC USD
Initial charge3%
Annual charge0.65%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.9%
Total expense ratio (TER)1.55%
Bid price-
Offer price-
Mid price110.99
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFPCN
Nordea 1 US Total Return Bond BI EUR
Initial charge3%
Annual charge0.55%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.86%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price99.03
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF2KI
Nordea 1 US Total Return Bond BI GBP
Initial charge3%
Annual charge0.55%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.86%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price85.13
CurrencyGBP
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF2KJ
Nordea 1 US Total Return Bond BI USD
Initial charge3%
Annual charge0.55%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.86%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price111.27
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF2KH
Nordea 1 US Total Return Bond BP EUR
Initial charge3%
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.54%
Total expense ratio (TER)1.53%
Bid price-
Offer price-
Mid price96.33
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF2KO
Nordea 1 US Total Return Bond BP GBP
Initial charge3%
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.54%
Total expense ratio (TER)1.53%
Bid price-
Offer price-
Mid price82.81
CurrencyGBP
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF2KP
Nordea 1 US Total Return Bond BP USD
Initial charge3%
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.54%
Total expense ratio (TER)1.53%
Bid price-
Offer price-
Mid price108.24
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF2KN
Nordea 1 US Total Return Bond E EUR
Initial charge3%
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.29%
Total expense ratio (TER)2.28%
Bid price-
Offer price-
Mid price93.42
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF2KG
Nordea 1 US Total Return Bond E USD
Initial charge3%
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.29%
Total expense ratio (TER)2.28%
Bid price-
Offer price-
Mid price104.97
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF2KF
Nordea 1 US Total Return Bond HA EUR
Initial charge3%
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.53%
Total expense ratio (TER)1.53%
Bid price-
Offer price-
Mid price76.15
CurrencyEUR
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF8OG
Nordea 1 US Total Return Bond HA GBP
Initial charge3%
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.53%
Total expense ratio (TER)1.52%
Bid price-
Offer price-
Mid price63.97
CurrencyGBP
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF3NK
Nordea 1 US Total Return Bond HAC GBP
Initial charge3%
Annual charge0.65%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.99%
Total expense ratio (TER)0.99%
Bid price-
Offer price-
Mid price66.36
CurrencyGBP
Price updated22/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFPCP
Nordea 1 US Total Return Bond HAI EUR
Initial charge3%
Annual charge0.55%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.86%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price75.94
CurrencyEUR
Price updated22/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF43P
Nordea 1 US Total Return Bond HAI GBP
Initial charge3%
Annual charge0.55%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.86%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price64.21
CurrencyGBP
Price updated22/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF3NL
Nordea 1 US Total Return Bond HB EUR
Initial charge3%
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.54%
Total expense ratio (TER)1.53%
Bid price-
Offer price-
Mid price83.81
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF3NI
Nordea 1 US Total Return Bond HBC EUR
Initial charge3%
Annual charge0.65%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.98%
Total expense ratio (TER)0.98%
Bid price-
Offer price-
Mid price87.01
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFPCO
Nordea 1 US Total Return Bond HBI CHF
Initial charge3%
Annual charge0.55%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.86%
Total expense ratio (TER)1.03%
Bid price-
Offer price-
Mid price111.37
CurrencyCHF
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE1ZE
Nordea 1 US Total Return Bond HBI EUR
Initial charge3%
Annual charge0.55%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.86%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price86.1
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF3NJ
Nordea 1 US Total Return Bond HBI SGD
Initial charge3%
Annual charge0.55%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.86%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price141
CurrencySGD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFMXZ
Nordea 1 US Total Return Bond HE EUR
Initial charge3%
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.28%
Total expense ratio (TER)2.28%
Bid price-
Offer price-
Mid price80.91
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF3RJ
Nordea 1 US Total Return Bond MI USD
Initial charge3%
Annual charge0.55%
Min single investment£75,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.85%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price107.6
CurrencyUSD
Price updated22/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFTNE
Nordea 1 US Total Return Bond MP USD
Initial charge3%
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.53%
Total expense ratio (TER)1.61%
Bid price-
Offer price-
Mid price104.66
CurrencyUSD
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFTND
Data provided by

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