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(s)
Martti Forsberg
since 01/11/2016
Anne Margrethe Tingleff
since 01/11/2016
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

9.23 %

1 Year rank in sector

114/245

Sector

FO Fixed Int - Emerging Markets

Yield
-
Fund size

£ 154.1 m

FE Risk score

98

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Money Market
    6.51%
  • Mexico
    5.15%
  • Indonesia
    5.03%
  • Russia
    4.81%
  • Turkey
    4.19%
  • BBB
    31.17%
  • BB
    27.44%
  • B
    25.41%
  • Money Market
    6.51%
  • A
    4.35%
  • American Emerging Fixed Interest
    22.01%
  • African Fixed Interest
    11.21%
  • Middle East & African Fixed Interest
    7.21%
  • European Emerging Fixed Interest
    7.07%
  • Money Market
    6.51%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.49 %2.57 %9.23 %0 %0 %
Sector-1.11 %1.08 %8.57 %5.87 %4.14 %
Rank within sector91 / 26266 / 253114 / 245 / /
Quartile th2 nd2 nd2 nd th th

Calendar performance

YTD-20172016201520142013
Fund8.52 %8.77 %0 %0 %0 %
Sector7.16 %10.22 %-7.28 %-0.56 %-7.02 %
Rank within sector101 / 248135 / 232 / / /
Quartile th2 nd3 rd th th th

Price movement

52 week high115.73
52 week low103.49
Current bid price0
Current offer price0
Current mid price114.46

Holdings by region

  • 6.51% Money Market
  • 5.15% Mexico
  • 5.03% Indonesia
  • 4.81% Russia
  • 4.19% Turkey
  • 3.53% Hungary
  • 3.52% Ukraine
  • 3.45% Argentina
  • 3.43% Brazil
  • 3.32% Kazakhstan

Holdings by sector

  • 31.17% BBB
  • 27.44% BB
  • 25.41% B
  • 6.51% Money Market
  • 4.35% A
  • 3.24% CCC
  • 1.88% Non-Rated

Holdings by asset type

  • 22.01% American Emerging Fixed Interest
  • 11.21% African Fixed Interest
  • 7.21% Middle East & African Fixed Interest
  • 7.07% European Emerging Fixed Interest
  • 6.51% Money Market
  • 5.15% Mexican Fixed Interest
  • 5.03% Indonesian Fixed Interest
  • 4.81% Russian Fixed Interest
  • 3.53% Hungarian Fixed Interest
  • 3.43% Brazilian Fixed Interest

Individual holdings

  • 1.4% HONDURAS (REPUBLIC OF) 7.5% BDS 15/03/24 USD200000 REG S
  • 1.25% DOMINICAN REPUBLIC 7.45% BDS 30/04/44 USD1000REG S
  • 1.19% INDONESIA(REPUBLIC OF) 8.5% BDS 12/10/35 USD1000 `REGS`
  • 1.07% PERU(REPUBLIC OF) 8.75% BDS 21/11/33 USD1000
  • 1.04% URUGUAY 7.875% NTS 15/1/33 USD1
  • 1.02% SRI LANKA(REPUBLIC OF) 6.85% NTS 03/11/25 USD200000REG S
  • 0.96% HUNGARY 7.625% BDS 29/03/41 USD2000
  • 0.93% SERBIA(REPUBLIC OF) 7.25% NTS 28/09/21 USD200000
  • 0.9% COLOMBIA(REPUBLIC OF) 7.375% BDS 18/09/37 USD1000
  • 0.9% ECUADOR(REPUBLIC OF) 10.75% NTS 28/03/22 USD1000 REG S