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

5.66 %

1 Year rank in sector

119/240

Sector

FO Fixed Int - Emerging Markets

Yield
-
Fund size

£ 166.4 m

FE Risk score

97

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Money Market
    6.01%
  • Mexico
    5.22%
  • Indonesia
    5.06%
  • Russia
    4.37%
  • Turkey
    4.15%
  • BBB
    30.96%
  • BB
    27.99%
  • B
    26.23%
  • Money Market
    6.01%
  • A
    3.32%
  • American Emerging Fixed Interest
    22.32%
  • African Fixed Interest
    11.37%
  • European Emerging Fixed Interest
    7.39%
  • Middle East & African Fixed Interest
    7.22%
  • Money Market
    6.01%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.21 %4.32 %5.66 %0 %0 %
Sector-0.23 %3.01 %5.19 %6.21 %4.33 %
Rank within sector110 / 25492 / 245119 / 240 / /
Quartile th2 nd2 nd2 nd th th

Calendar performance

YTD-20172016201520142013
Fund9.33 %8.77 %0 %0 %0 %
Sector8.33 %10.22 %-7.28 %-0.56 %-7.02 %
Rank within sector110 / 243133 / 228 / / /
Quartile th2 nd3 rd th th th

Price movement

52 week high115.44
52 week low103.49
Current bid price0
Current offer price0
Current mid price115.31

Holdings by region

  • 6.01% Money Market
  • 5.22% Mexico
  • 5.06% Indonesia
  • 4.37% Russia
  • 4.15% Turkey
  • 3.79% Ukraine
  • 3.78% Argentina
  • 3.57% Hungary
  • 3.44% Brazil
  • 3.37% Kazakhstan

Holdings by sector

  • 30.96% BBB
  • 27.99% BB
  • 26.23% B
  • 6.01% Money Market
  • 3.32% A
  • 3.2% CCC
  • 1.19% Non-Rated
  • 1.1% AA

Holdings by asset type

  • 22.32% American Emerging Fixed Interest
  • 11.37% African Fixed Interest
  • 7.39% European Emerging Fixed Interest
  • 7.22% Middle East & African Fixed Interest
  • 6.01% Money Market
  • 5.22% Mexican Fixed Interest
  • 5.06% Indonesian Fixed Interest
  • 4.37% Russian Fixed Interest
  • 3.57% Hungarian Fixed Interest
  • 3.44% Brazilian Fixed Interest

Individual holdings

  • 1.26% DOMINICAN REPUBLIC 7.45% BDS 30/04/44 USD1000REG S
  • 1.2% HONDURAS (REPUBLIC OF) 7.5% BDS 15/03/24 USD200000 REG S
  • 1.2% INDONESIA(REPUBLIC OF) 8.5% BDS 12/10/35 USD1000 `REGS`
  • 1.07% PERU(REPUBLIC OF) 8.75% BDS 21/11/33 USD1000
  • 1.05% URUGUAY 7.875% NTS 15/1/33 USD1
  • 1.03% SRI LANKA(REPUBLIC OF) 6.85% NTS 03/11/25 USD200000REG S
  • 0.96% HUNGARY 7.625% BDS 29/03/41 USD2000
  • 0.94% SERBIA(REPUBLIC OF) 7.25% NTS 28/09/21 USD200000
  • 0.9% COLOMBIA(REPUBLIC OF) 7.375% BDS 18/09/37 USD1000
  • 0.9% PETROLEOS MEXICANOS 6.5% BDS 13/03/27 USD10000