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

10.21 %

1 Year rank in sector

97/244

Sector

FO Fixed Int - Emerging Markets

Yield
-
Fund size

£ 139.5 m

FE Risk score

98

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Money Market
    5.47%
  • Indonesia
    5.38%
  • Mexico
    4.98%
  • Russia
    4.85%
  • Turkey
    4.07%
  • BBB
    31.5%
  • BB
    27.69%
  • B
    26.64%
  • Money Market
    5.47%
  • A
    4.26%
  • American Emerging Fixed Interest
    22.77%
  • African Fixed Interest
    11.27%
  • Middle East & African Fixed Interest
    7.28%
  • European Emerging Fixed Interest
    7.11%
  • Money Market
    5.47%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund1.38 %2.58 %10.21 %0 %0 %
Sector0.79 %1.36 %8.69 %10.74 %2.56 %
Rank within sector58 / 26076 / 25297 / 244 / /
Quartile th1 st2 nd2 nd th th

Calendar performance

YTD-20172016201520142013
Fund9.44 %8.77 %0 %0 %0 %
Sector7.95 %10.22 %-7.28 %-0.56 %-7.02 %
Rank within sector102 / 245134 / 229 / / /
Quartile th2 nd3 rd th th th

Price movement

52 week high115.73
52 week low104.4
Current bid price0
Current offer price0
Current mid price115.43

Holdings by region

  • 5.47% Money Market
  • 5.38% Indonesia
  • 4.98% Mexico
  • 4.85% Russia
  • 4.07% Turkey
  • 3.89% Argentina
  • 3.62% Ukraine
  • 3.46% Hungary
  • 3.39% Brazil
  • 3.3% Kazakhstan

Holdings by sector

  • 31.5% BBB
  • 27.69% BB
  • 26.64% B
  • 5.47% Money Market
  • 4.26% A
  • 3.25% CCC
  • 1.17% Non-Rated

Holdings by asset type

  • 22.77% American Emerging Fixed Interest
  • 11.27% African Fixed Interest
  • 7.28% Middle East & African Fixed Interest
  • 7.11% European Emerging Fixed Interest
  • 5.47% Money Market
  • 5.38% Indonesian Fixed Interest
  • 4.98% Mexican Fixed Interest
  • 4.85% Russian Fixed Interest
  • 3.46% Hungarian Fixed Interest
  • 3.39% Brazilian Fixed Interest

Individual holdings

  • 1.38% HONDURAS (REPUBLIC OF) 7.5% BDS 15/03/24 USD200000 REG S
  • 1.23% DOMINICAN REPUBLIC 7.45% BDS 30/04/44 USD1000REG S
  • 1.18% INDONESIA(REPUBLIC OF) 8.5% BDS 12/10/35 USD1000 `REGS`
  • 1.05% PERU(REPUBLIC OF) 8.75% BDS 21/11/33 USD1000
  • 1.04% URUGUAY 7.875% NTS 15/1/33 USD1
  • 1.01% SRI LANKA GOVERNMENT INTERNA 6.85% 03-11-2025
  • 0.94% HUNGARY 7.625% BDS 29/03/41 USD2000
  • 0.91% SERBIA(REPUBLIC OF) 7.25% NTS 28/09/21 USD200000
  • 0.9% ECUADOR(REPUBLIC OF) 10.75% NTS 28/03/22 USD1000 REG S
  • 0.88% COLOMBIA(REPUBLIC OF) 7.375% BDS 18/09/37 USD1000