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
None
Investment method
Fixed Interest

Quick stats

1 Year return

6.62 %

1 Year rank in sector

97/236

Sector

FO Fixed Int - Emerging Markets

Yield
-
Fund size

£ 1.8 b

FE Risk score

95

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Mexico
    6.17%
  • Argentina
    5.76%
  • Brazil
    5.49%
  • Turkey
    4.64%
  • Indonesia
    4.52%
  • B
    32.93%
  • BB
    29.64%
  • BBB
    24.5%
  • CCC
    5.33%
  • Money Market
    4.1%
  • American Emerging Fixed Interest
    24.05%
  • African Fixed Interest
    10.74%
  • Middle East & African Fixed Interest
    9.35%
  • European Emerging Fixed Interest
    7.14%
  • Mexican Fixed Interest
    6.17%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund1.18 %5.85 %6.62 %20.26 %26.12 %
Sector1.02 %4.34 %6.44 %5.59 %6.09 %
Rank within sector111 / 25279 / 24397 / 23624 / 19617 / 120
Quartile th2 nd2 nd2 nd1 st1 st

Calendar performance

YTD-20172016201520142013
Fund10.21 %10.69 %0.98 %5.81 %-5.93 %
Sector8.52 %10.22 %-7.28 %-0.56 %-7.02 %
Rank within sector83 / 24278 / 22632 / 20740 / 17054 / 129
Quartile th2 nd2 nd1 st1 st2 nd

Risk statistics

Alpha4.66
Beta0.83
Sharpe0.34
Volatility6.47
Tracking error2.68
Information ratio1.66
R-Squared0.86

Price movement

52 week high140.45
52 week low123.4
Current bid price0
Current offer price0
Current mid price139.34

Holdings by region

  • 6.17% Mexico
  • 5.76% Argentina
  • 5.49% Brazil
  • 4.64% Turkey
  • 4.52% Indonesia
  • 4.21% Ukraine
  • 4.1% Money Market
  • 3.88% Russia
  • 3.07% Lebanon
  • 2.96% Kazakhstan

Holdings by sector

  • 32.93% B
  • 29.64% BB
  • 24.5% BBB
  • 5.33% CCC
  • 4.1% Money Market
  • 1.53% AA
  • 1.05% A
  • 0.92% Non-Rated

Holdings by asset type

  • 24.05% American Emerging Fixed Interest
  • 10.74% African Fixed Interest
  • 9.35% Middle East & African Fixed Interest
  • 7.14% European Emerging Fixed Interest
  • 6.17% Mexican Fixed Interest
  • 5.49% Brazilian Fixed Interest
  • 4.52% Indonesian Fixed Interest
  • 4.1% Money Market
  • 3.88% Russian Fixed Interest
  • 3.47% Asia Pacific Emerging Fixed Interest

Individual holdings

  • 1.81% ARGENTINA(REPUBLIC OF) 1.33% BDS 31/12/38 USD1000
  • 1.28% IRAQ (REPUBLIC OF) 5.8% STEP-UP NTS 15/01/28 USD1000 `REGS`
  • 1.14% TURKEY(REPUBLIC OF) 6.875% NTS 17/03/36 USD1000
  • 1.13% PETROLEOS MEXICANOS 6.5% GTD SNR NTS 02/06/41 USD1000
  • 1.09% ARGENTINA(REPUBLIC OF) 7.5% BDS 22/04/26 USD150000
  • 1.02% ARAB REPUBLIC OF EGYPT(THE) 8.5% NTS 31/01/47 USD200000 REG S
  • 0.99% HUNGARY 7.625% BDS 29/03/41 USD2000
  • 0.89% KAZAKHSTAN(REPUBLIC OF) 6.5% NTS 21/07/45 USD200000 4 REG S
  • 0.87% RUSSIAN FEDERATION MINISTRY FINANCE 12.75% BDS 24/6/2028 USD10000 REG`S
  • 0.86% PETROLEOS DE VENEZUELA 8.5% BDS 14/10/20 USD150000