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(s)
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

9.18 %

1 Year rank in sector

128/245

Sector

FO Fixed Int - Emerging Markets

Yield
-
Fund size

£ 248.1 m

FE Risk score

90

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • China
    7.5%
  • Argentina
    7.34%
  • India
    6.78%
  • Brazil
    6.48%
  • Indonesia
    6.38%
  • BB
    38.53%
  • BBB
    22.32%
  • B
    18.43%
  • Non-Rated
    10.25%
  • A
    6.67%
  • American Emerging Fixed Interest
    14.08%
  • Chinese Fixed Interest
    7.5%
  • Indian Fixed Interest
    6.78%
  • Brazilian Fixed Interest
    6.48%
  • Indonesian Fixed Interest
    6.38%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.22 %3.18 %9.18 %15.22 %20.53 %
Sector-0.94 %2.19 %8.98 %5.24 %3.89 %
Rank within sector63 / 26266 / 254128 / 24559 / 20731 / 125
Quartile th1 st2 nd3 rd2 nd1 st

Calendar performance

YTD-20172016201520142013
Fund7.84 %10.16 %-0.91 %2.59 %-1.97 %
Sector7.29 %10.22 %-7.28 %-0.56 %-7.02 %
Rank within sector135 / 24893 / 23266 / 21183 / 17225 / 131
Quartile th3 rd2 nd2 nd2 nd1 st

Risk statistics

Alpha3.4
Beta0.67
Sharpe0.19
Volatility5.24
Tracking error3.23
Information ratio0.9
R-Squared0.81

Price movement

52 week high138.6
52 week low126.37
Current bid price0
Current offer price0
Current mid price138.17

Holdings by region

  • 7.5% China
  • 7.34% Argentina
  • 6.78% India
  • 6.48% Brazil
  • 6.38% Indonesia
  • 5.12% Mexico
  • 5.09% Hong Kong
  • 4.62% United Arab Emirates
  • 4.25% Philippines
  • 4.23% Chile

Holdings by sector

  • 38.53% BB
  • 22.32% BBB
  • 18.43% B
  • 10.25% Non-Rated
  • 6.67% A
  • 2.27% CCC
  • 1.53% Money Market

Holdings by asset type

  • 14.08% American Emerging Fixed Interest
  • 7.5% Chinese Fixed Interest
  • 6.78% Indian Fixed Interest
  • 6.48% Brazilian Fixed Interest
  • 6.38% Indonesian Fixed Interest
  • 6.07% GCC Fixed Interest
  • 5.12% Mexican Fixed Interest
  • 5.09% Hong Kong Fixed Interest
  • 4.25% Philippine Fixed Interest
  • 4.23% Chilean Fixed Interest

Individual holdings

  • 1.62% SM INVESTMENTS CORP 4.875% BDS 10/06/24 USD200000 REGS
  • 1.54% EMIRATES NBD PJSC FLTG RTE PERP NTS USD200000
  • 1.53% BANCO SANTANDER CHILE SA 3.875% BDS 20/09/22 USD1000 REG S
  • 1.46% MILLICOM INTERNATIONAL CELLU 6% 15-03-2025
  • 1.45% EQUATE PETROCHEMICAL BV 4.25% BDS 03/11/26 USD200000
  • 1.37% BANCO DE BOGOTA 6.25% BDS 12/05/26 USD200000REG S
  • 1.27% PAMPA ENERGIA SA 7.5% BDS 24/01/27 USD150000 REG S
  • 1.26% PROVEN HONOUR CAPITAL LTD 4.125% 19-05-2025
  • 1.23% MINERVA LUXEMBOURG SA 6.5% BDS 20/09/26 USD200000
  • 1.22% SMARTONE FINANCE LTD 3.875% BDS 08/04/23 USD200000