Fact sheet: Nordea 1 Danish Bond

Fund information

Fund name
Nordea 1 Danish Bond BP DKK
Fund company manager
Nordea
Fund type
SIB
Fund manager
Nordic Fixed Income
since 15/06/1990
Fund objective
The fund invests a minimum of two-thirds of its net assets in fixed-income and floating rate debt securities issued by private borrowers and public authorities domiciled in Denmark. The Sub-fund invests in bonds denominated in DKK. It invests in government bonds or bonds issued by local authorities or agencies, mortgage bonds, corporate bonds with a good rating, and bonds issued by supranational institutions. The fund may further use derivative instruments to reduce risks. The fund aims to exploit market movements as well as the yield spreads between various credit risk segments.
Benchmark
Nordea Constant Maturity 5 Year Government Bond Index
Investment style
None
Investment method
Fixed Interest

Performance snapshot

Quick stats

1 Year return

-0.55 %

1 Year rank in sector

17/22

Sector

FO Fixed Int - Other Single Currency

Yield
-
Fund size

£ 121.3 m

FE Risk score

81

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Denmark
    97.29%
  • Money Market
    2.71%
  • AAA
    97.29%
  • Money Market
    2.71%
  • Danish Fixed Interest
    97.29%
  • Money Market
    2.71%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.01 %0.8 %-0.55 %3.12 %8.13 %
Sector0.96 %4.87 %4.23 %8.3 %12.31 %
Rank within sector18 / 2319 / 2217 / 2213 / 1810 / 12
Quartile th4 th4 th4 th3 rd4 th

Calendar performance

YTD-20172016201520142013
Fund0.31 %2.55 %-1.47 %6.15 %-1.72 %
Sector5.88 %2.04 %-0.92 %4.25 %-0.3 %
Rank within sector19 / 225 / 229 / 184 / 1510 / 13
Quartile th4 th1 st2 nd2 nd4 th

Risk statistics

Alpha-0.47
Beta0.56
Sharpe-0
Volatility2.37
Tracking error2.24
Information ratio-0.7
R-Squared0.27

Price movement

52 week high383.87
52 week low375.52
Current bid price0
Current offer price0
Current mid price380.16

Holdings by region

  • 97.29% Denmark
  • 2.71% Money Market

Holdings by sector

  • 97.29% AAA
  • 2.71% Money Market

Holdings by asset type

  • 97.29% Danish Fixed Interest
  • 2.71% Money Market

Individual holdings

  • 28.92% DENMARK(KINGDOM OF) 1.75% BDS 15/11/25 DKK0.01
  • 22.89% DENMARK(KINGDOM OF) 3% BDS 15/11/21 DKK0.01
  • 8.11% REALKREDIT DANMARK 1% 04-01-2018 SDRO A T
  • 7.42% NORDEA KREDIT REALKREDITAKTIESELSKA 2% FIXED BDS 01/10/47 DKK0.01
  • 7.39% NYKREDIT REALKREDIT AS FLTG RATE NTS 01/10/38 DKK1
  • 6.2% DENMARK(KINGDOM OF) 4% BDS 15/11/19 DKK0.01
  • 6.08% REALKREDIT DANMARK 1% NTS 01/04/18 DKK100
  • 5.86% NYKREDIT REALKREDIT 2% 10-01-2047 SDO E
  • 2.56% NORDEA KREDIT REALKREDITAKTIESELSKA 3% BDS 01/10/44 DKK0.01
  • 1.23% REALKREDIT DANMARK 4% BDS 01/10/41 DKK1000