Fact sheet: Nordea 1 Emrg Mkt Lcl Dt

Fund information

Fund name
Nordea 1 Emerging Market Local Debt BP USD
Fund company manager
Nordea
Fund type
SIB
Fund manager
Anne Margrethe Tingleff
since 03/09/2012
Fund objective
This sub-fund shall invest a minimum of two-thirds of its total assets in debt securities issued in local currencies by sovereigns, supranational institutions, quasi sovereigns and private borrowers, which are domiciled or exercise the predominant part of their economic activity in an Emerging Market.
Benchmark
JP Morgan Emerging Markets Bond Index Global Diversified
Investment style
None
Investment method
Fixed Interest

Quick stats

1 Year return

6.91 %

1 Year rank in sector

63/236

Sector

FO Fixed Int - Emerging Markets

Yield
-
Fund size

£ 146.1 m

FE Risk score

107

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Brazil
    10.9%
  • Poland
    9.76%
  • South Africa
    9.12%
  • Mexico
    8.91%
  • Indonesia
    8.63%
  • A
    33.67%
  • BBB
    29.05%
  • BB
    26.44%
  • Money Market
    7.15%
  • B
    1.75%
  • Brazilian Fixed Interest
    10.9%
  • Polish Fixed Interest
    9.76%
  • South African Fixed Interest
    9.12%
  • Mexican Fixed Interest
    8.91%
  • Indonesian Fixed Interest
    8.63%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund2.88 %11.63 %7.78 %-9.62 %0 %
Sector0.71 %5.84 %6.08 %2.1 %6.98 %
Rank within sector21 / 25020 / 24363 / 236173 / 195 /
Quartile th1 st1 st2 nd4 th th

Calendar performance

YTD-20172016201520142013
Fund12.62 %8.23 %-16.15 %-5.96 %-9.96 %
Sector6.78 %10.22 %-7.28 %-0.56 %-7.02 %
Rank within sector20 / 243150 / 228187 / 210143 / 174101 / 131
Quartile th1 st3 rd4 th4 th4 th

Risk statistics

Alpha-4.34
Beta1.53
Sharpe-0.01
Volatility11.48
Tracking error5
Information ratio-0.87
R-Squared0.92

Price movement

52 week high90.15
52 week low77.88
Current bid price0
Current offer price0
Current mid price90.15

Holdings by region

  • 10.9% Brazil
  • 9.76% Poland
  • 9.12% South Africa
  • 8.91% Mexico
  • 8.63% Indonesia
  • 7.39% Turkey
  • 7.15% Money Market
  • 6.99% Malaysia
  • 6.47% Russia
  • 6.33% Colombia

Holdings by sector

  • 33.67% A
  • 29.05% BBB
  • 26.44% BB
  • 7.15% Money Market
  • 1.75% B
  • 1% AA
  • 0.95% AAA

Holdings by asset type

  • 10.9% Brazilian Fixed Interest
  • 9.76% Polish Fixed Interest
  • 9.12% South African Fixed Interest
  • 8.91% Mexican Fixed Interest
  • 8.63% Indonesian Fixed Interest
  • 7.85% American Emerging Fixed Interest
  • 7.39% Middle East & African Fixed Interest
  • 7.15% Money Market
  • 6.99% Malaysian Fixed Interest
  • 6.47% Russian Fixed Interest

Individual holdings

  • 4.71% BRAZIL(FEDERATIVE REPUBLIC OF) 10% BDS 01/01/21 BRL1000
  • 4.35% POLAND(STATE TREASURY OF) 5.75% NTS 23/9/22 PLN1000
  • 2.92% POLAND(STATE TREASURY OF) 2% BDS 25/04/21 PLN1000
  • 2.73% BRAZIL(FEDERATIVE REPUBLIC OF) 10% BDS 01/01/19 BRL1000
  • 2.3% REP OF INDONESIA 8.38% BDS 15/03/24 IDR1000000
  • 2.18% MEXICO(UNITED MEXICAN STATES) 6.5% BDS 09/06/22 MXN100
  • 2.07% COLOMBIA(REPUBLIC OF) 10% BDS 24/07/24 COP100000
  • 1.71% SOUTH AFRICA(REPUBLIC OF) 7% BDS 28/02/31 ZAR1
  • 1.69% MALAYSIA 4.16% NTS 15/07/21 MYR1000
  • 1.68% THAILAND (MINISTRY OF FINANCE) 1.25% BDS 12/03/28 THB100000