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

8.61 %

1 Year rank in sector

115/240

Sector

FO Fixed Int - Emerging Markets

Yield
-
Fund size

£ 145.3 m

FE Risk score

98

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Money Market
    6.2%
  • Indonesia
    5.34%
  • Mexico
    4.58%
  • Russia
    4.44%
  • Argentina
    3.85%
  • BBB
    31.85%
  • B
    28.29%
  • BB
    25.23%
  • Money Market
    6.2%
  • A
    3.14%
  • American Emerging Fixed Interest
    22.05%
  • African Fixed Interest
    11.03%
  • European Emerging Fixed Interest
    7.58%
  • Middle East & African Fixed Interest
    7.51%
  • Money Market
    6.2%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.7 %4.3 %8.61 %0 %0 %
Sector1.44 %3.34 %8.58 %11.91 %2.93 %
Rank within sector124 / 25896 / 252115 / 240 / /
Quartile th2 nd2 nd2 nd th th

Calendar performance

YTD-20182017201620152014
Fund0.59 %9.87 %8.77 %0 %0 %
Sector1.02 %8.47 %10.22 %-7.28 %-0.56 %
Rank within sector126 / 257103 / 240131 / 225 / /
Quartile th2 nd2 nd3 rd th th

Price movement

52 week high116.77
52 week low106.8
Current bid price0
Current offer price0
Current mid price116.56

Holdings by region

  • 6.2% Money Market
  • 5.34% Indonesia
  • 4.58% Mexico
  • 4.44% Russia
  • 3.85% Argentina
  • 3.8% Turkey
  • 3.79% Ukraine
  • 3.58% Kazakhstan
  • 3% Brazil
  • 2.86% Egypt

Holdings by sector

  • 31.85% BBB
  • 28.29% B
  • 25.23% BB
  • 6.2% Money Market
  • 3.14% A
  • 2.17% Non-Rated
  • 2.16% CCC
  • 0.96% CCC-

Holdings by asset type

  • 22.05% American Emerging Fixed Interest
  • 11.03% African Fixed Interest
  • 7.58% European Emerging Fixed Interest
  • 7.51% Middle East & African Fixed Interest
  • 6.2% Money Market
  • 5.34% Indonesian Fixed Interest
  • 4.58% Mexican Fixed Interest
  • 4.44% Russian Fixed Interest
  • 3.58% Kazakhstan Fixed Interest
  • 3.4% Asia Pacific Fixed Interest

Individual holdings

  • 1.42% DOMINICAN REPUBLIC 7.45% BDS 30/04/44 USD1000REG S
  • 1.16% SRI LANKA GOVERNMENT INTERNA 6.85% 03-11-2025
  • 1.04% SERBIA(REPUBLIC OF) 7.25% NTS 28/09/21 USD200000
  • 1.01% URUGUAY 5.1% SNR UNSEC NTS 18/06/50 USD1
  • 1% PETROLEOS MEXICANOS 6.5% BDS 13/03/27 USD10000
  • 0.99% ARGENTINA(REPUBLIC OF) 7.625% BDS 22/04/46 USD150000
  • 0.99% INDONESIA(REPUBLIC OF) 6.625% BDS 17/02/37 USD100000
  • 0.99% PERU(REPUBLIC OF) 8.75% BDS 21/11/33 USD1000
  • 0.97% ANGOLAN GOVERNMENT INTERNATI 9.5% 12-11-2025
  • 0.97% UKRAINE MINISTRY OF FINANCE 7.75% NTS 01/09/20 USD1000