Fact sheet: Nordea 1 Eur Corp Bd

Fund information

Fund name
Nordea 1 European Corporate Bond BP EUR
Fund company manager
Nordea
Fund type
SIB
Fund manager(s)
Jan Sørensen
since 01/04/2013
Fund objective
This Sub-fund aims to preserve the Shareholders capital and to provide an adequate rate of return on the investment. The investment manager aims to invest the assets of the Sub-fund, within the limitations stated below, into corporate bonds directly or indirectly through the use of derivatives, and into other types of transferable securities and money market instruments in anticipation of up and down market movements. This Sub-fund is further using its reference index as a tool for performance comparison purposes. This Sub-fund shall invest a minimum of two-thirds of its total assets (after deduction of cash) in corporate bonds with fixed coupon or fixed and contingent coupon or variable coupon. The Sub-fund shall focus on corporate bonds issued by companies which are domiciled or exercise the predominant part of their economic activity in Europe.
Benchmark
ML EMU Corporate Bonds Index
Investment style
None
Investment method
Fixed Interest

Quick stats

1 Year return

1.41 %

1 Year rank in sector

39/66

Sector

FO Fixed Int - EUR Corporate Bond

Yield
-
Fund size

£ 729.3 m

FE Risk score

81

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • France
    18.38%
  • UK
    15.8%
  • Germany
    13.29%
  • USA
    13.22%
  • Denmark
    5.92%
  • Banks
    30.51%
  • Utilities
    14.1%
  • Telecommunications
    10.41%
  • Services
    6.75%
  • Automotive
    5.76%
  • French Fixed Interest
    18.38%
  • UK Fixed Interest
    15.8%
  • German Fixed Interest
    13.29%
  • US Fixed Interest
    13.22%
  • Danish Fixed Interest
    5.92%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.67 %1.41 %1.41 %7.27 %20.18 %
Sector0.69 %1.97 %1.99 %7.98 %19.1 %
Rank within sector31 / 6940 / 6639 / 6633 / 6325 / 53
Quartile th2 nd3 rd3 rd3 rd2 nd

Calendar performance

YTD-20172016201520142013
Fund2.3 %3.91 %-0.68 %8.17 %2.66 %
Sector2.84 %4.74 %-1.02 %6.9 %2.24 %
Rank within sector37 / 6642 / 6524 / 6319 / 5922 / 54
Quartile th3 rd3 rd2 nd2 nd2 nd

Risk statistics

Alpha0.02
Beta0.93
Sharpe-0
Volatility2.9
Tracking error0.71
Information ratio-0.21
R-Squared0.95

Price movement

52 week high48.14
52 week low46.57
Current bid price0
Current offer price0
Current mid price48.11

Holdings by region

  • 18.38% France
  • 15.8% UK
  • 13.29% Germany
  • 13.22% USA
  • 5.92% Denmark
  • 5.76% Switzerland
  • 5.61% Netherlands
  • 5.49% Norway
  • 4.3% Sweden
  • 3.34% Italy

Holdings by sector

  • 30.51% Banks
  • 14.1% Utilities
  • 10.41% Telecommunications
  • 6.75% Services
  • 5.76% Automotive
  • 5.7% Insurance
  • 4.71% Consumer Goods
  • 3.39% Basic Industries
  • 2.71% Financial Services
  • 2.69% Money Market

Holdings by asset type

  • 18.38% French Fixed Interest
  • 15.8% UK Fixed Interest
  • 13.29% German Fixed Interest
  • 13.22% US Fixed Interest
  • 5.92% Danish Fixed Interest
  • 5.76% Swiss Fixed Interest
  • 5.61% Dutch Fixed Interest
  • 5.49% Norwegian Fixed Interest
  • 4.3% Swedish Fixed Interest
  • 3.34% Italian Fixed Interest

Individual holdings

  • 2.01% DANFOSS A/S 1.375% 23-02-2022
  • 1.88% COOPERATIEVE RABOBANK UA 6.875% MTN 19/03/20 EUR1000
  • 1.71% NASDAQ INC 3.875% BDS 07/06/21 EUR100000
  • 1.67% NYKREDIT REALKREDIT AS 1.75% BDS 28/01/19 EUR100000
  • 1.65% GLOBAL SWITCH HLDGS LTD 5.5% GTD NTS 18/04/18 EUR100000
  • 1.57% BANK OF AMERICA CORP FR SNR NTS 07/02/25 EUR100000
  • 1.56% WESFARMERS 1.25% MTN 07/10/21 EUR100000
  • 1.54% JPMORGAN CHASE & CO 2.625% MTN 23/04/21 EUR100000
  • 1.48% STATKRAFT 1.5% NTS 21/09/23 EUR100000
  • 1.38% CREDIT AGRICOLE (LONDON) 1% BDS 16/09/24 EUR100000000