Fact sheet: Nordea 1 Euro Divd Corp Bd

Fund information

Fund name
Nordea 1 European Diversified Corporate Bond BP EUR
Fund company manager
Nordea
Fund type
SIB
Fund manager(s)
Jan Sørensen
since 01/04/2013
Fund objective
The fund aims to preserve the shareholders capital and to provide an adequate risk-adjusted rate of return on the investment. The investment manager aims to invest the assets of the fund into Euro-denominated corporate bonds directly or indirectly through the use of derivatives, and into other types of Euro-denominated transferable securities and money market instruments in anticipation of positive and negative market movements. This sub-fund targets a limited exposure to any specific issuer or sector relative to its reference index.
Benchmark
ML EMU Corporate Bonds Index
Investment style
None
Investment method
Fixed Interest

Quick stats

1 Year return

2.67 %

1 Year rank in sector

50/65

Sector

FO Fixed Int - EUR Corporate Bond

Yield
-
Fund size

£ 84.0 m

FE Risk score

83

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • France
    21.11%
  • USA
    15.32%
  • UK
    12.62%
  • Germany
    12.39%
  • Netherlands
    5.8%
  • BBB
    49.49%
  • A
    35.78%
  • AA
    8.07%
  • BB
    3.02%
  • Money Market
    2.48%
  • French Fixed Interest
    21.11%
  • US Fixed Interest
    15.32%
  • UK Fixed Interest
    12.62%
  • German Fixed Interest
    12.39%
  • Dutch Fixed Interest
    5.8%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.52 %1.73 %2.67 %5.77 %16.35 %
Sector0.32 %2.01 %4.01 %7.34 %18.42 %
Rank within sector19 / 6841 / 6650 / 6542 / 6237 / 52
Quartile th2 nd3 rd4 th3 rd3 rd

Calendar performance

YTD-20172016201520142013
Fund2.2 %3.7 %-0.78 %7.6 %1.63 %
Sector3.05 %4.74 %-1.02 %6.9 %2.24 %
Rank within sector45 / 6549 / 6429 / 6229 / 5843 / 52
Quartile th3 rd4 th2 nd2 nd4 th

Risk statistics

Alpha-0.42
Beta0.97
Sharpe-0
Volatility3.06
Tracking error0.8
Information ratio-0.63
R-Squared0.93

Price movement

52 week high128.42
52 week low123.91
Current bid price0
Current offer price0
Current mid price127.87

Holdings by region

  • 21.11% France
  • 15.32% USA
  • 12.62% UK
  • 12.39% Germany
  • 5.8% Netherlands
  • 4.83% Italy
  • 4.34% Switzerland
  • 3.75% Sweden
  • 3.69% Spain
  • 3.46% Norway

Holdings by sector

  • 49.49% BBB
  • 35.78% A
  • 8.07% AA
  • 3.02% BB
  • 2.48% Money Market
  • 1.16% AAA

Holdings by asset type

  • 21.11% French Fixed Interest
  • 15.32% US Fixed Interest
  • 12.62% UK Fixed Interest
  • 12.39% German Fixed Interest
  • 5.8% Dutch Fixed Interest
  • 4.83% Italian Fixed Interest
  • 4.34% Swiss Fixed Interest
  • 3.75% Swedish Fixed Interest
  • 3.69% Spanish Fixed Interest
  • 3.46% Norwegian Fixed Interest

Individual holdings

  • 0.98% CREDIT AGRICOLE SA 3.125% BDS 05/02/26 EUR100000
  • 0.97% CREDIT SUISSE AG 1% MTN 07/06/23 EUR100000
  • 0.94% BMW FINANCE NV 0.5% 21-01-2020
  • 0.89% HEATHROW FUNDING LTD 1.875% BDS 23/05/24 EUR100000
  • 0.88% VOLKSWAGEN INTERNATIONAL FINANCE NV 3.75% BDS 14/03/21 EUR1000
  • 0.81% DANFOSS A/S 1.375% 23-02-2022
  • 0.78% TOTAL SA 3.875% BDS 18/05/21 EUR100000
  • 0.77% ALLIANZ SE 3.375% UNDATED BDS EUR100000
  • 0.77% NASDAQ INC 3.875% BDS 07/06/21 EUR100000
  • 0.75% GENERAL MILLS INC 2.1% BDS 16/11/20 EUR100000