Fact sheet: Nordea 1 Emrg Mkt Bd

Fund information

Fund name
Nordea 1 Emerging Market Bond BP USD
Fund company manager
Nordea
Fund type
SIB
Fund manager
David Bessey
since 30/05/2012
Fund objective
The fund invests into Emerging Market bonds labelled in hard currency (like USD) of sovereign and quasi-sovereigns entities. It might also opportunistically allocate to corporate and sovereign local currency bonds. The fund uses integrated bottom-up equity, sovereign, and corporate credit analysis that allow for early identification of superior businesses with greater long term potential for market re-rating.
Benchmark
JP Morgan Emerging Markets Bond Index Global Diversified
Investment style
Capital Protection Targeted
Investment method
Fixed Interest

Quick stats

1 Year return

4.71 %

1 Year rank in sector

99/236

Sector

FO Fixed Int - Emerging Markets

Yield
-
Fund size

£ 1.7 b

FE Risk score

92

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Mexico
    6.15%
  • Argentina
    5.82%
  • Brazil
    5.33%
  • Indonesia
    4.77%
  • Turkey
    4.74%
  • BB
    29.49%
  • B
    29.01%
  • BBB
    25.58%
  • CCC
    5.55%
  • Money Market
    3.95%
  • American Emerging Fixed Interest
    24.25%
  • African Fixed Interest
    10.18%
  • Middle East & African Fixed Interest
    9.34%
  • European Emerging Fixed Interest
    6.69%
  • Mexican Fixed Interest
    6.15%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund1.54 %5.61 %4.71 %18.27 %28.19 %
Sector1 %4.4 %4.31 %3.39 %7.17 %
Rank within sector34 / 25278 / 24599 / 23622 / 19517 / 116
Quartile th1 st2 nd2 nd1 st1 st

Calendar performance

YTD-20172016201520142013
Fund8.76 %10.69 %0.98 %5.81 %-5.93 %
Sector7.32 %10.22 %-7.28 %-0.56 %-7.02 %
Rank within sector77 / 24478 / 22731 / 20939 / 17253 / 129
Quartile th2 nd2 nd1 st1 st2 nd

Risk statistics

Alpha4.55
Beta0.83
Sharpe0.27
Volatility6.41
Tracking error2.68
Information ratio1.65
R-Squared0.86

Price movement

52 week high137.51
52 week low123.4
Current bid price0
Current offer price0
Current mid price137.51

Holdings by region

  • 6.15% Mexico
  • 5.82% Argentina
  • 5.33% Brazil
  • 4.77% Indonesia
  • 4.74% Turkey
  • 3.95% Money Market
  • 3.94% Ukraine
  • 3.7% Russia
  • 3.06% Kazakhstan
  • 2.99% Lebanon

Holdings by sector

  • 29.49% BB
  • 29.01% B
  • 25.58% BBB
  • 5.55% CCC
  • 3.95% Money Market
  • 3.21% Non-Rated
  • 1.71% AA
  • 1.5% A

Holdings by asset type

  • 24.25% American Emerging Fixed Interest
  • 10.18% African Fixed Interest
  • 9.34% Middle East & African Fixed Interest
  • 6.69% European Emerging Fixed Interest
  • 6.15% Mexican Fixed Interest
  • 5.33% Brazilian Fixed Interest
  • 4.77% Indonesian Fixed Interest
  • 3.95% Money Market
  • 3.7% Russian Fixed Interest
  • 3.46% Asia Pacific Emerging Fixed Interest

Individual holdings

  • 2.04% ARGENTINA(REPUBLIC OF) 1.33% BDS 31/12/38 USD1000
  • 1.23% IRAQ (REPUBLIC OF) 5.8% STEP-UP NTS 15/01/28 USD1000 `REGS`
  • 1.22% PETROLEOS DE VENEZUELA 8.5% BDS 14/10/20 USD150000
  • 1.22% PETROLEOS MEXICANOS 6.5% GTD SNR NTS 02/06/41 USD1000
  • 1.07% TURKEY(REPUBLIC OF) 6.875% NTS 17/03/36 USD1000
  • 0.98% HUNGARY 7.625% BDS 29/03/41 USD2000
  • 0.92% 1MDB GLOBAL INVESTMENTS 4.4% BDS 09/03/23 USD100000
  • 0.92% RUSSIAN FEDERATION MINISTRY FINANCE 12.75% BDS 24/6/2028 USD10000 REG`S
  • 0.91% PANAMA(REPUBLIC OF) 6.7% BDS 26/01/36 USD1000
  • 0.9% DOMINICAN REPUBLIC 7.45% BDS 30/04/44 USD1000REG S