Fact sheet: Nordea 1 Emrg Mkt Lcl Dt+

Fund information

Fund name
Nordea 1 Emerging Market Local Debt Plus BP USD
Fund company manager
Nordea
Fund type
SIB
Fund manager
Jacob Jensen
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 investments are creating alpha from both rates and FX positions. 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

7.35 %

1 Year rank in sector

59/236

Sector

FO Fixed Int - Emerging Markets

Yield
-
Fund size

£ 79.1 m

FE Risk score

109

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Brazil
    11.86%
  • Mexico
    10.48%
  • Turkey
    9.26%
  • South Africa
    9.03%
  • Poland
    8.55%
  • A
    34.56%
  • BBB
    34.03%
  • BB
    11.86%
  • Non-Rated
    9.26%
  • Money Market
    8.25%
  • Brazilian Fixed Interest
    11.86%
  • Mexican Fixed Interest
    10.48%
  • Middle East & African Fixed Interest
    9.26%
  • South African Fixed Interest
    9.03%
  • Polish Fixed Interest
    8.55%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund2.15 %7.73 %7.35 %0 %0 %
Sector0.8 %4.21 %5.71 %5.59 %5.99 %
Rank within sector15 / 25222 / 24359 / 236 / /
Quartile th1 st1 st1 st th th

Calendar performance

YTD-20172016201520142013
Fund15.37 %8.09 %0 %0 %0 %
Sector8.42 %10.22 %-7.28 %-0.56 %-7.02 %
Rank within sector23 / 242156 / 226 / / /
Quartile th1 st3 rd th th th

Price movement

52 week high119.65
52 week low99.86
Current bid price0
Current offer price0
Current mid price118.72

Holdings by region

  • 11.86% Brazil
  • 10.48% Mexico
  • 9.26% Turkey
  • 9.03% South Africa
  • 8.55% Poland
  • 8.25% Money Market
  • 8.07% Indonesia
  • 6.34% Malaysia
  • 6.21% Russia
  • 5.31% Thailand

Holdings by sector

  • 34.56% A
  • 34.03% BBB
  • 11.86% BB
  • 9.26% Non-Rated
  • 8.25% Money Market
  • 2.05% B

Holdings by asset type

  • 11.86% Brazilian Fixed Interest
  • 10.48% Mexican Fixed Interest
  • 9.26% Middle East & African Fixed Interest
  • 9.03% South African Fixed Interest
  • 8.55% Polish Fixed Interest
  • 8.25% Money Market
  • 8.07% Indonesian Fixed Interest
  • 7.06% American Emerging Fixed Interest
  • 6.34% Malaysian Fixed Interest
  • 6.21% Russian Fixed Interest

Individual holdings

  • 5.64% MEXICO(UNITED MEXICAN STATES) 6.5% BDS 09/06/22 MXN100
  • 4.97% BRAZIL(FEDERATIVE REPUBLIC OF) 10% BDS 01/01/21 BRL1000
  • 2.49% THAILAND (MINISTRY OF FINANCE) 1.25% BDS 12/03/28 THB100000
  • 2.42% BRAZIL(FEDERATIVE REPUBLIC OF) FR TB 01/01/20 BRL1000
  • 2.27% TURKEY(REPUBLIC OF) 10.6% BDS 11/02/26 TRY1000
  • 2.17% TURKEY(REPUBLIC OF) 8.5% BDS 10/07/19 TRY1000
  • 2.11% REP OF INDONESIA 8.38% BDS 15/03/24 IDR1000000
  • 2.06% SOUTH AFRICA(REPUBLIC OF) 8.25% BDS 31/03/32 ZAR1
  • 1.93% SOUTH AFRICA(REPUBLIC OF) 6.5% BDS 28/02/41 ZAR1
  • 1.9% TURKEY(REPUBLIC OF) 5.35% BDS 17/02/21 TRY1