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
Thomas Christiansen
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

4.66 %

1 Year rank in sector

150/236

Sector

FO Fixed Int - Emerging Markets

Yield
-
Fund size

£ 153.6 m

FE Risk score

94

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Money Market
    8.93%
  • Indonesia
    4.75%
  • Russia
    4.32%
  • Argentina
    3.61%
  • Mexico
    3.58%
  • BBB
    30.16%
  • B
    24.78%
  • BB
    24.16%
  • Money Market
    8.93%
  • A
    3.69%
  • American Emerging Fixed Interest
    22.09%
  • African Fixed Interest
    10.23%
  • Money Market
    8.93%
  • European Emerging Fixed Interest
    7.56%
  • Middle East & African Fixed Interest
    6.27%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.29 %5.35 %4.66 %0 %0 %
Sector0.24 %5.52 %6.25 %1.57 %6.95 %
Rank within sector163 / 251108 / 244150 / 236 / /
Quartile th3 rd2 nd3 rd th th

Calendar performance

YTD-20172016201520142013
Fund6.8 %8.77 %0 %0 %0 %
Sector6.62 %10.22 %-7.28 %-0.56 %-7.02 %
Rank within sector103 / 244130 / 228 / / /
Quartile th2 nd3 rd th th th

Price movement

52 week high112.65
52 week low103.49
Current bid price0
Current offer price0
Current mid price112.64

Holdings by region

  • 8.93% Money Market
  • 4.75% Indonesia
  • 4.32% Russia
  • 3.61% Argentina
  • 3.58% Mexico
  • 3.57% Ukraine
  • 3.51% Turkey
  • 3.3% Brazil
  • 3.19% Hungary
  • 3.17% Colombia

Holdings by sector

  • 30.16% BBB
  • 24.78% B
  • 24.16% BB
  • 8.93% Money Market
  • 3.69% A
  • 3.66% CCC
  • 2.66% Non-Rated
  • 1.96% AA

Holdings by asset type

  • 22.09% American Emerging Fixed Interest
  • 10.23% African Fixed Interest
  • 8.93% Money Market
  • 7.56% European Emerging Fixed Interest
  • 6.27% Middle East & African Fixed Interest
  • 4.75% Indonesian Fixed Interest
  • 4.32% Russian Fixed Interest
  • 3.58% Mexican Fixed Interest
  • 3.3% Brazilian Fixed Interest
  • 3.19% Hungarian Fixed Interest

Individual holdings

  • 1.31% INDONESIA(REPUBLIC OF) 8.5% BDS 12/10/35 USD1000 `REGS`
  • 1.18% PERU(REPUBLIC OF) 8.75% BDS 21/11/33 USD1000
  • 1.11% DOMINICAN REPUBLIC 7.45% BDS 30/04/44 USD1000REG S
  • 1.04% SERBIA(REPUBLIC OF) 7.25% NTS 28/09/21 USD200000
  • 0.99% COLOMBIA(REPUBLIC OF) 7.375% BDS 18/09/37 USD1000
  • 0.97% ZAMBIA(GOVT OF) 8.5% NTS 14/04/24 USD200000REG S
  • 0.93% HONDURAS (REPUBLIC OF) 7.5% BDS 15/03/24 USD200000 REG S
  • 0.91% KAZAGRO NATIONAL MANAGEMENT JSC 4.625% BDS 24/05/23 USD200000REG S
  • 0.91% URUGUAY 5.1% SNR UNSEC NTS 18/06/50 USD1
  • 0.9% PANAMA(REPUBLIC OF) 6.7% BDS 26/01/36 USD1000