Fact sheet: Nordea 1 Emrg Mkt Hr Cr Bd

Fund information

Fund name
Nordea 1 Emerging Market Hard Currency Bond BP USD
Fund company manager
Nordea
Fund type
SIB
Fund manager
Anne Margrethe Tingleff
since 26/10/2015
Fund objective
The fund invests in emerging markets sovereign debt, and aims to outperform its benchmark. The fund makes use of top-down asset allocation decisions inside the investment universe, bottom-up country analysis, and thematic investment themes that combine the outlook for global macro factors and country specific views. The investment team seeks to deliver positive risk-adjusted returns over a full market cycle, by employing this multi staged investment process in a consistent and risk-controlled fashion.
Benchmark
JP Morgan Emerging Markets Bond Index Global Diversified
Investment style
None
Investment method
Fixed Interest

Quick stats

1 Year return

4.78 %

1 Year rank in sector

156/236

Sector

FO Fixed Int - Emerging Markets

Yield
-
Fund size

£ 162.4 m

FE Risk score

94

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Money Market
    7.27%
  • Mexico
    5.37%
  • Indonesia
    5.08%
  • Russia
    4.24%
  • Turkey
    3.88%
  • BBB
    32.07%
  • BB
    26.46%
  • B
    24.39%
  • Money Market
    7.27%
  • A
    4.13%
  • American Emerging Fixed Interest
    21.91%
  • African Fixed Interest
    10.43%
  • European Emerging Fixed Interest
    7.33%
  • Money Market
    7.27%
  • Middle East & African Fixed Interest
    6.82%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.99 %4.18 %4.78 %0 %0 %
Sector1.02 %4.34 %6.44 %5.59 %6.09 %
Rank within sector142 / 252161 / 243156 / 236 / /
Quartile th3 rd3 rd3 rd th th

Calendar performance

YTD-20172016201520142013
Fund8.53 %8.77 %0 %0 %0 %
Sector8.52 %10.22 %-7.28 %-0.56 %-7.02 %
Rank within sector123 / 242130 / 226 / / /
Quartile th3 rd3 rd th th th

Price movement

52 week high115.31
52 week low103.49
Current bid price0
Current offer price0
Current mid price114.47

Holdings by region

  • 7.27% Money Market
  • 5.37% Mexico
  • 5.08% Indonesia
  • 4.24% Russia
  • 3.88% Turkey
  • 3.58% Ukraine
  • 3.48% Hungary
  • 3.46% Argentina
  • 3.24% Brazil
  • 3.24% Kazakhstan

Holdings by sector

  • 32.07% BBB
  • 26.46% BB
  • 24.39% B
  • 7.27% Money Market
  • 4.13% A
  • 3.32% CCC
  • 1.24% Non-Rated
  • 1.12% AA

Holdings by asset type

  • 21.91% American Emerging Fixed Interest
  • 10.43% African Fixed Interest
  • 7.33% European Emerging Fixed Interest
  • 7.27% Money Market
  • 6.82% Middle East & African Fixed Interest
  • 5.37% Mexican Fixed Interest
  • 5.08% Indonesian Fixed Interest
  • 4.24% Russian Fixed Interest
  • 3.48% Hungarian Fixed Interest
  • 3.24% Brazilian Fixed Interest

Individual holdings

  • 1.24% INDONESIA(REPUBLIC OF) 8.5% BDS 12/10/35 USD1000 `REGS`
  • 1.1% PERU(REPUBLIC OF) 8.75% BDS 21/11/33 USD1000
  • 1.09% HONDURAS (REPUBLIC OF) 7.5% BDS 15/03/24 USD200000 REG S
  • 1.07% URUGUAY 7.875% NTS 15/1/33 USD1
  • 1.06% DOMINICAN REPUBLIC 7.45% BDS 30/04/44 USD1000REG S
  • 1.05% SRI LANKA(REPUBLIC OF) 6.85% NTS 03/11/25 USD200000REG S
  • 0.98% SERBIA(REPUBLIC OF) 7.25% NTS 28/09/21 USD200000
  • 0.93% PETROLEOS MEXICANOS 6.5% BDS 13/03/27 USD10000
  • 0.92% COLOMBIA(REPUBLIC OF) 7.375% BDS 18/09/37 USD1000
  • 0.9% ZAMBIA(GOVT OF) 8.5% NTS 14/04/24 USD200000REG S