Fact sheet: Nordea 1 Emrg Mkt Crp Bd

Fund information

Fund name
Nordea 1 Emerging Market Corporate Bond BP USD
Fund company manager
Nordea
Fund type
SIB
Fund manager
Samy B. Muaddi
since 01/10/2015
Fund objective
This sub-fund shall invest a minimum of two-thirds of its total assets in debt securities issued in US Dollars by private borrowers, which are domiciled or exercise the predominant part of their economic activity in an Emerging Market country.
Benchmark
JPM Corporate Emerging Markets Bond Index-Broad Diversified
Investment style
None
Investment method
Fixed Interest

Quick stats

1 Year return

5.81 %

1 Year rank in sector

124/236

Sector

FO Fixed Int - Emerging Markets

Yield
-
Fund size

£ 258.9 m

FE Risk score

86

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • China
    8.22%
  • Brazil
    7.04%
  • India
    6.34%
  • Mexico
    6.3%
  • Indonesia
    5.7%
  • BB
    35.02%
  • BBB
    24.8%
  • B
    13.99%
  • Non-Rated
    10.63%
  • A
    6.39%
  • American Emerging Fixed Interest
    12.55%
  • Chinese Fixed Interest
    8.22%
  • Brazilian Fixed Interest
    7.04%
  • Indian Fixed Interest
    6.34%
  • Mexican Fixed Interest
    6.3%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.89 %4.79 %5.81 %13.76 %20.87 %
Sector1.02 %4.34 %6.44 %5.59 %6.09 %
Rank within sector164 / 252134 / 243124 / 23670 / 19636 / 120
Quartile th3 rd3 rd3 rd2 nd2 nd

Calendar performance

YTD-20172016201520142013
Fund7.51 %10.16 %-0.91 %2.59 %-1.97 %
Sector8.52 %10.22 %-7.28 %-0.56 %-7.02 %
Rank within sector151 / 24287 / 22665 / 20781 / 17022 / 129
Quartile th3 rd2 nd2 nd2 nd1 st

Risk statistics

Alpha3.12
Beta0.67
Sharpe0.09
Volatility5.35
Tracking error3.28
Information ratio0.84
R-Squared0.82

Price movement

52 week high138.03
52 week low126.37
Current bid price0
Current offer price0
Current mid price137.74

Holdings by region

  • 8.22% China
  • 7.04% Brazil
  • 6.34% India
  • 6.3% Mexico
  • 5.7% Indonesia
  • 5.66% Hong Kong
  • 5.57% Argentina
  • 5.06% Chile
  • 4.73% Money Market
  • 4.71% Colombia

Holdings by sector

  • 35.02% BB
  • 24.8% BBB
  • 13.99% B
  • 10.63% Non-Rated
  • 6.39% A
  • 4.73% Money Market
  • 2.52% CCC
  • 1.91% AA

Holdings by asset type

  • 12.55% American Emerging Fixed Interest
  • 8.22% Chinese Fixed Interest
  • 7.04% Brazilian Fixed Interest
  • 6.34% Indian Fixed Interest
  • 6.3% Mexican Fixed Interest
  • 5.71% GCC Fixed Interest
  • 5.7% Indonesian Fixed Interest
  • 5.66% Hong Kong Fixed Interest
  • 5.06% Chilean Fixed Interest
  • 4.73% Money Market

Individual holdings

  • 1.71% SM INVESTMENTS CORP 4.875% BDS 10/06/24 USD200000 REGS
  • 1.69% BANCO SANTANDER CHILE SA 3.875% BDS 20/09/22 USD1000 REG S
  • 1.62% AKBANK T.A.S. FRN 16/03/27 USD200000REG S
  • 1.5% BANCO DE BOGOTA 6.25% BDS 12/05/26 USD200000REG S
  • 1.46% EMIRATES NBD PJSC FLTG RTE PERP NTS USD200000
  • 1.46% EQUATE PETROCHEMICAL BV 4.25% BDS 03/11/26 USD200000
  • 1.36% SMARTONE FINANCE LTD 3.875% BDS 08/04/23 USD200000
  • 1.3% CK HUTCHISON INTERNATIONAL (17) LTD 3.5% BDS 05/04/27 USD1000
  • 1.29% MILLICOM INTERNATIONAL CELLU 6% 15-03-2025
  • 1.29% PROVEN HONOUR CAPITAL LTD 4.125% 19-05-2025