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

10.17 %

1 Year rank in sector

80/240

Sector

FO Fixed Int - Emerging Markets

Yield
-
Fund size

£ 2.2 b

FE Risk score

100

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Argentina
    6.19%
  • Mexico
    5.87%
  • Brazil
    5.38%
  • Indonesia
    4.64%
  • Turkey
    4.57%
  • B
    36.23%
  • BB
    27.67%
  • BBB
    23.32%
  • Money Market
    3.93%
  • CCC
    3.14%
  • American Emerging Fixed Interest
    24.32%
  • African Fixed Interest
    10.87%
  • Middle East & African Fixed Interest
    9.92%
  • European Emerging Fixed Interest
    6.09%
  • Mexican Fixed Interest
    5.87%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.82 %5.36 %10.17 %26.64 %25.31 %
Sector1.42 %3.1 %8.45 %11.68 %2.75 %
Rank within sector121 / 25847 / 25280 / 24015 / 2078 / 129
Quartile th2 nd1 st2 nd1 st1 st

Calendar performance

YTD-20182017201620152014
Fund0.64 %12.13 %10.69 %0.98 %5.81 %
Sector1 %8.47 %10.22 %-7.28 %-0.56 %
Rank within sector125 / 25759 / 24080 / 22532 / 20535 / 166
Quartile th2 nd1 st2 nd1 st1 st

Risk statistics

Alpha4.83
Beta0.82
Sharpe0.73
Volatility5.9
Tracking error2.68
Information ratio1.56
R-Squared0.83

Price movement

52 week high143.07
52 week low128.31
Current bid price0
Current offer price0
Current mid price142.68

Holdings by region

  • 6.19% Argentina
  • 5.87% Mexico
  • 5.38% Brazil
  • 4.64% Indonesia
  • 4.57% Turkey
  • 4.33% Ukraine
  • 3.93% Money Market
  • 3.86% Russia
  • 3.35% South Africa
  • 3.05% Ecuador

Holdings by sector

  • 36.23% B
  • 27.67% BB
  • 23.32% BBB
  • 3.93% Money Market
  • 3.14% CCC
  • 2.43% A
  • 2.07% Non-Rated
  • 1.21% CCC-

Holdings by asset type

  • 24.32% American Emerging Fixed Interest
  • 10.87% African Fixed Interest
  • 9.92% Middle East & African Fixed Interest
  • 6.09% European Emerging Fixed Interest
  • 5.87% Mexican Fixed Interest
  • 5.38% Brazilian Fixed Interest
  • 4.64% Indonesian Fixed Interest
  • 4.01% Asia Pacific Emerging Fixed Interest
  • 3.93% Money Market
  • 3.86% Russian Fixed Interest

Individual holdings

  • 2.33% ARGENTINA(REPUBLIC OF) 1.33% BDS 31/12/38 USD1000
  • 1.32% ARGENTINA(REPUBLIC OF) 7.5% BDS 22/04/26 USD150000
  • 1.16% PETROLEOS MEXICANOS 6.5% GTD SNR NTS 02/06/41 USD1000
  • 1.06% ARAB REPUBLIC OF EGYPT(THE) 8.5% NTS 31/01/47 USD200000 REG S
  • 1.05% HUNGARY 7.625% BDS 29/03/41 USD2000
  • 1.03% TURKEY(REPUBLIC OF) 6.875% NTS 17/03/36 USD1000
  • 1% 1MDB GLOBAL INVESTMENTS 4.4% BDS 09/03/23 USD100000
  • 0.97% PETROLEOS MEXICANOS 6.5% BDS 13/03/27 USD10000
  • 0.95% IRAQ (REPUBLIC OF) 5.8% STEP-UP NTS 15/01/28 USD1000 `REGS`
  • 0.93% PANAMA(REPUBLIC OF) 6.7% BDS 26/01/36 USD1000