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
Martti Forsberg
since 01/10/2015
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

8.3 %

1 Year rank in sector

64/236

Sector

FO Fixed Int - Emerging Markets

Yield
-
Fund size

£ 150.8 m

FE Risk score

107

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Brazil
    11.23%
  • Mexico
    10.86%
  • South Africa
    9.11%
  • Poland
    8.91%
  • Indonesia
    8.7%
  • A
    36.63%
  • BBB
    36.07%
  • BB
    11.23%
  • Non-Rated
    8.11%
  • Money Market
    5.18%
  • Brazilian Fixed Interest
    11.23%
  • Mexican Fixed Interest
    10.86%
  • South African Fixed Interest
    9.11%
  • Polish Fixed Interest
    8.91%
  • Indonesian Fixed Interest
    8.7%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund1.74 %6.89 %8.3 %-3.95 %-9.64 %
Sector1.02 %4.34 %6.44 %5.59 %6.09 %
Rank within sector49 / 25250 / 24364 / 236175 / 196107 / 120
Quartile th1 st1 st2 nd4 th4 th

Calendar performance

YTD-20172016201520142013
Fund14.93 %8.23 %-16.15 %-5.96 %-9.96 %
Sector8.52 %10.22 %-7.28 %-0.56 %-7.02 %
Rank within sector31 / 242149 / 226182 / 207140 / 17099 / 129
Quartile th1 st3 rd4 th4 th4 th

Risk statistics

Alpha-4.11
Beta1.54
Sharpe-0.01
Volatility11.61
Tracking error5.11
Information ratio-0.73
R-Squared0.92

Price movement

52 week high93.07
52 week low77.88
Current bid price0
Current offer price0
Current mid price92

Holdings by region

  • 11.23% Brazil
  • 10.86% Mexico
  • 9.11% South Africa
  • 8.91% Poland
  • 8.7% Indonesia
  • 8.11% Turkey
  • 6.79% Malaysia
  • 6.54% Thailand
  • 5.97% Colombia
  • 5.96% Russia

Holdings by sector

  • 36.63% A
  • 36.07% BBB
  • 11.23% BB
  • 8.11% Non-Rated
  • 5.18% Money Market
  • 1.64% B
  • 0.85% AAA
  • 0.28% AA

Holdings by asset type

  • 11.23% Brazilian Fixed Interest
  • 10.86% Mexican Fixed Interest
  • 9.11% South African Fixed Interest
  • 8.91% Polish Fixed Interest
  • 8.7% Indonesian Fixed Interest
  • 8.11% Middle East & African Fixed Interest
  • 7.39% American Emerging Fixed Interest
  • 6.79% Malaysian Fixed Interest
  • 6.54% Thai Fixed Interest
  • 5.96% Russian Fixed Interest

Individual holdings

  • 4.96% BRAZIL(FEDERATIVE REPUBLIC OF) 10% BDS 01/01/21 BRL1000
  • 4.7% MEXICO(UNITED MEXICAN STATES) 6.5% BDS 09/06/22 MXN100
  • 3.68% POLAND(STATE TREASURY OF) 5.75% NTS 23/9/22 PLN1000
  • 2.93% POLAND(STATE TREASURY OF) 2% BDS 25/04/21 PLN1000
  • 2.71% BRAZIL(FEDERATIVE REPUBLIC OF) 10% BDS 01/01/19 BRL1000
  • 2.24% REP OF INDONESIA 8.38% BDS 15/03/24 IDR1000000
  • 1.91% COLOMBIA(REPUBLIC OF) 10% BDS 24/07/24 COP100000
  • 1.69% THAILAND (MINISTRY OF FINANCE) 1.25% BDS 12/03/28 THB100000
  • 1.66% BRAZIL(FEDERATIVE REPUBLIC OF) 10% BDS 01/01/25 BRL1000
  • 1.65% MALAYSIA 4.16% NTS 15/07/21 MYR1000