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

7.63 %

1 Year rank in sector

52/240

Sector

FO Fixed Int - Emerging Markets

Yield
-
Fund size

£ 1.9 b

FE Risk score

98

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Mexico
    6.19%
  • Argentina
    5.78%
  • Brazil
    5.39%
  • Turkey
    4.6%
  • Money Market
    4.51%
  • B
    33.91%
  • BB
    29.12%
  • BBB
    23.87%
  • CCC
    5.22%
  • Money Market
    4.51%
  • American Emerging Fixed Interest
    23.86%
  • African Fixed Interest
    10.78%
  • Middle East & African Fixed Interest
    9.74%
  • European Emerging Fixed Interest
    6.61%
  • Mexican Fixed Interest
    6.19%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.13 %5.29 %7.63 %22.09 %25.13 %
Sector-0.32 %3.21 %5.48 %6.25 %4.33 %
Rank within sector97 / 25430 / 24552 / 24020 / 19814 / 122
Quartile th2 nd1 st1 st1 st1 st

Calendar performance

YTD-20172016201520142013
Fund11.17 %10.69 %0.98 %5.81 %-5.93 %
Sector8.37 %10.22 %-7.28 %-0.56 %-7.02 %
Rank within sector64 / 24379 / 22832 / 20940 / 17054 / 128
Quartile th2 nd2 nd1 st1 st2 nd

Risk statistics

Alpha4.74
Beta0.83
Sharpe0.48
Volatility6.3
Tracking error2.67
Information ratio1.64
R-Squared0.86

Price movement

52 week high140.55
52 week low123.4
Current bid price0
Current offer price0
Current mid price140.55

Holdings by region

  • 6.19% Mexico
  • 5.78% Argentina
  • 5.39% Brazil
  • 4.6% Turkey
  • 4.51% Money Market
  • 4.43% Indonesia
  • 4.28% Ukraine
  • 3.94% Russia
  • 3.3% South Africa
  • 3.02% Lebanon

Holdings by sector

  • 33.91% B
  • 29.12% BB
  • 23.87% BBB
  • 5.22% CCC
  • 4.51% Money Market
  • 1.5% AA
  • 1% A
  • 0.87% Non-Rated

Holdings by asset type

  • 23.86% American Emerging Fixed Interest
  • 10.78% African Fixed Interest
  • 9.74% Middle East & African Fixed Interest
  • 6.61% European Emerging Fixed Interest
  • 6.19% Mexican Fixed Interest
  • 5.39% Brazilian Fixed Interest
  • 4.51% Money Market
  • 4.43% Indonesian Fixed Interest
  • 3.94% Russian Fixed Interest
  • 3.39% Asia Pacific Emerging Fixed Interest

Individual holdings

  • 1.9% ARGENTINA(REPUBLIC OF) 1.33% BDS 31/12/38 USD1000
  • 1.32% IRAQ (REPUBLIC OF) 5.8% STEP-UP NTS 15/01/28 USD1000 `REGS`
  • 1.13% TURKEY(REPUBLIC OF) 6.875% NTS 17/03/36 USD1000
  • 1.11% PETROLEOS MEXICANOS 6.5% GTD SNR NTS 02/06/41 USD1000
  • 1.08% ARGENTINA(REPUBLIC OF) 7.5% BDS 22/04/26 USD150000
  • 1.06% HUNGARY 7.625% BDS 29/03/41 USD2000
  • 1.05% ARAB REPUBLIC OF EGYPT(THE) 8.5% NTS 31/01/47 USD200000 REG S
  • 0.95% KAZAKHSTAN(REPUBLIC OF) 6.5% NTS 21/07/45 USD200000 4 REG S
  • 0.92% PETROLEOS DE VENEZUELA 8.5% BDS 14/10/20 USD150000
  • 0.84% RUSSIAN FEDERATION MINISTRY FINANCE 12.75% BDS 24/6/2028 USD10000 REG`S