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(s)
Cathy Hepworth
since 30/05/2012
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
None
Investment method
Fixed Interest

Quick stats

1 Year return

12.37 %

1 Year rank in sector

50/245

Sector

FO Fixed Int - Emerging Markets

Yield
-
Fund size

£ 1.9 b

FE Risk score

100

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Mexico
    6.26%
  • Argentina
    5.98%
  • Brazil
    5.41%
  • Turkey
    4.71%
  • Indonesia
    4.47%
  • B
    33.47%
  • BB
    28.64%
  • BBB
    24.19%
  • CCC
    5.33%
  • Money Market
    3.87%
  • American Emerging Fixed Interest
    24.33%
  • African Fixed Interest
    10.73%
  • Middle East & African Fixed Interest
    9.61%
  • European Emerging Fixed Interest
    6.42%
  • Mexican Fixed Interest
    6.26%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.17 %3.91 %12.37 %20.71 %25.81 %
Sector-0.82 %2.03 %8.92 %5.36 %3.95 %
Rank within sector63 / 26229 / 25450 / 24520 / 20714 / 125
Quartile th1 st1 st1 st1 st1 st

Calendar performance

YTD-20172016201520142013
Fund10.88 %10.69 %0.98 %5.81 %-5.93 %
Sector7.42 %10.22 %-7.28 %-0.56 %-7.02 %
Rank within sector46 / 24882 / 23234 / 21139 / 17257 / 131
Quartile th1 st2 nd1 st1 st2 nd

Risk statistics

Alpha4.9
Beta0.83
Sharpe0.44
Volatility6.28
Tracking error2.7
Information ratio1.71
R-Squared0.85

Price movement

52 week high140.72
52 week low123.4
Current bid price0
Current offer price0
Current mid price140.19

Holdings by region

  • 6.26% Mexico
  • 5.98% Argentina
  • 5.41% Brazil
  • 4.71% Turkey
  • 4.47% Indonesia
  • 4.44% Ukraine
  • 4.12% Russia
  • 3.87% Money Market
  • 3.31% South Africa
  • 3.04% Lebanon

Holdings by sector

  • 33.47% B
  • 28.64% BB
  • 24.19% BBB
  • 5.33% CCC
  • 3.87% Money Market
  • 2.74% A
  • 1.76% Non-Rated

Holdings by asset type

  • 24.33% American Emerging Fixed Interest
  • 10.73% African Fixed Interest
  • 9.61% Middle East & African Fixed Interest
  • 6.42% European Emerging Fixed Interest
  • 6.26% Mexican Fixed Interest
  • 5.41% Brazilian Fixed Interest
  • 4.47% Indonesian Fixed Interest
  • 4.12% Russian Fixed Interest
  • 3.87% Money Market
  • 3.31% Asia Pacific Emerging Fixed Interest

Individual holdings

  • 2.13% ARGENTINA(REPUBLIC OF) 1.33% BDS 31/12/38 USD1000
  • 1.3% PETROLEOS MEXICANOS 6.5% GTD SNR NTS 02/06/41 USD1000
  • 1.16% ARAB REPUBLIC OF EGYPT(THE) 8.5% NTS 31/01/47 USD200000 REG S
  • 1.08% IRAQ (REPUBLIC OF) 5.8% STEP-UP NTS 15/01/28 USD1000 `REGS`
  • 1.07% ARGENTINA(REPUBLIC OF) 7.5% BDS 22/04/26 USD150000
  • 1.06% TURKEY(REPUBLIC OF) 6.875% NTS 17/03/36 USD1000
  • 1.05% HUNGARY 7.625% BDS 29/03/41 USD2000
  • 1.03% DOMINICAN REPUBLIC 7.45% BDS 30/04/44 USD1000REG S
  • 1.02% PETROLEOS DE VENEZUELA 8.5% BDS 14/10/20 USD150000
  • 0.93% KAZAKHSTAN(REPUBLIC OF) 6.5% NTS 21/07/45 USD200000 4 REG S