Fact sheet: Nordea 1 Flex FI I Pl

Fund information

Fund name
Nordea 1 Flexible Fixed Income Plus BP EUR
Fund company manager
Nordea
Fund type
SIB
Fund manager
Karsten Bierre
since 16/12/2016
Fund objective
The fund aims to preserve and steadily grow the Shareholder’s capital over a full investment cycle. The investment process is based on active asset allocation, both tactical and strategic, robust diversification across mainly fixed income asset classes using leveraged exposure, and active currency management. The portfolio manager aims to find return drivers using both long and short positions, in a wide range of fixed income instruments. Additionally, the investment manager aims, for a smaller portion of the Sub-fund, to invest in equity instruments.
Benchmark
No Specified Index
Investment style
None
Investment method
Fixed Interest

Quick stats

1 Year return

0.72 %

1 Year rank in sector

191/306

Sector

FO Fixed Int - Global

Yield
-
Fund size

£ 153.5 m

FE Risk score

79

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Australia
    19.91%
  • USA
    18.56%
  • Canada
    15.46%
  • Others
    9.33%
  • Ireland
    7.72%
  • AAA
    51.72%
  • AA
    30.39%
  • Non-Rated
    7.33%
  • BBB
    4.79%
  • Money Market
    3.5%
  • Australian Fixed Interest
    19.91%
  • US Fixed Interest
    18.56%
  • Canadian Fixed Interest
    15.46%
  • Global Fixed Interest
    9.33%
  • Irish Fixed Interest
    7.72%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.05 %0.26 %0.72 %4.89 %5.63 %
Sector0.01 %2.35 %2.2 %6.22 %9.68 %
Rank within sector212 / 345277 / 331191 / 306138 / 256122 / 185
Quartile th3 rd4 th3 rd3 rd3 rd

Calendar performance

YTD-20172016201520142013
Fund0.67 %2.82 %-1.26 %6.19 %-3.19 %
Sector3.34 %4.59 %-1.64 %3.66 %-1.56 %
Rank within sector250 / 318165 / 287139 / 26080 / 224129 / 198
Quartile th4 th3 rd3 rd2 nd3 rd

Risk statistics

Alpha0.8
Beta0.41
Sharpe-0
Volatility3.1
Tracking error3.28
Information ratio-0.08
R-Squared0.13

Price movement

52 week high109.09
52 week low105.87
Current bid price0
Current offer price0
Current mid price107.46

Holdings by region

  • 19.91% Australia
  • 18.56% USA
  • 15.46% Canada
  • 9.33% Others
  • 7.72% Ireland
  • 6.98% Germany
  • 5.54% Denmark
  • 5.52% UK
  • 4.48% France
  • 3.5% Money Market

Holdings by sector

  • 51.72% AAA
  • 30.39% AA
  • 7.33% Non-Rated
  • 4.79% BBB
  • 3.5% Money Market
  • 2.01% A
  • 0.27% BB

Holdings by asset type

  • 19.91% Australian Fixed Interest
  • 18.56% US Fixed Interest
  • 15.46% Canadian Fixed Interest
  • 9.33% Global Fixed Interest
  • 7.72% Irish Fixed Interest
  • 6.98% German Fixed Interest
  • 5.54% Danish Fixed Interest
  • 5.52% UK Fixed Interest
  • 4.48% French Fixed Interest
  • 3.5% Money Market

Individual holdings

  • 9.05% AUSTRALIAN GOVT LOANS(CMNWLTH OF) 5.5% LN STK 21/04/23 AUD100
  • 8.61% AUSTRALIAN GOVT LOANS(CMNWLTH OF) 2.75% LN STK 21/04/24 AUD100
  • 7.59% UNITED STATES OF AMER TREAS NOTES 2.625% TB 15/08/23 USD100
  • 6.18% CANADA(GOVT OF) 2.5% BDS 01/06/24 CAD1000
  • 6.01% CANADA(GOVT OF) 2.75% BDS 01/06/22 CAD1000
  • 4.7% HM TREASURY UNITED KINGDOM DMO 2.25% GILT 07/09/23 GBP
  • 4.64% UNITED STATES OF AMER TREAS NOTES BDS 30/04/23 USD100
  • 4.36% ISHARES III PLC
  • 2.96% ISHARES II PLC J.P.MORGAN $ EMERGING MARKET BOND ETF USD DIST USD
  • 2.96% ISHARES II PLC J.P.MORGAN $ EMERGING MARKET BOND ETF USD DIST USD