Fact sheet: Nordea 1 Flex Fxd Inc

Fund information

Fund name
Nordea 1 Flexible Fixed Income BP EUR
Fund company manager
Nordea
Fund type
SIB
Fund manager
Søren Brogaard Lolle
since 02/05/2013
Fund objective
The fund offers a robust diversification across fixed income asset classes and regions. Using active management, the fund aims to preserve capital and provide positive returns in excess of cash over an investment cycle. The objective is to build an unconstrained bond product, designed to address a constantly changing environment in the fixed income space, such as interest rates fall and rise as well as changes in credit spreads. The fund will use active currency management to mitigate risk without reducing the return expectancy.
Benchmark
No Specified Index
Investment style
None
Investment method
Fixed Interest

Quick stats

1 Year return

-1.73 %

1 Year rank in sector

262/305

Sector

FO Fixed Int - Global

Yield
-
Fund size

£ 3.2 b

FE Risk score

18

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Others
    17.53%
  • USA
    16.87%
  • Australia
    16.3%
  • Canada
    16.13%
  • Ireland
    8.42%
  • AAA
    84.46%
  • AA
    7.34%
  • A
    5.81%
  • BBB
    2.39%
  • Global Fixed Interest
    17.53%
  • US Fixed Interest
    16.87%
  • Australian Fixed Interest
    16.3%
  • Canadian Fixed Interest
    16.13%
  • Irish Fixed Interest
    8.42%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.85 %0.99 %-1.73 %3.44 %0 %
Sector0.15 %2.69 %2.21 %5.44 %11.02 %
Rank within sector283 / 338244 / 327262 / 305155 / 262 /
Quartile th4 th3 rd4 th3 rd th

Calendar performance

YTD-20172016201520142013
Fund0.7 %0.95 %1.38 %5.6 %0 %
Sector2.93 %4.59 %-1.64 %3.66 %-1.56 %
Rank within sector240 / 323245 / 29143 / 26689 / 231 /
Quartile th3 rd4 th1 st2 nd th

Risk statistics

Alpha0.04
Beta0.79
Sharpe-0
Volatility2.6
Tracking error1.57
Information ratio-0.21
R-Squared0.68

Price movement

52 week high108.28
52 week low104.25
Current bid price0
Current offer price0
Current mid price105.86

Holdings by region

  • 17.53% Others
  • 16.87% USA
  • 16.3% Australia
  • 16.13% Canada
  • 8.42% Ireland
  • 6.08% UK
  • 5.49% Germany
  • 4.78% Denmark
  • 4.71% France
  • 3.69% Sweden

Holdings by sector

  • 84.46% AAA
  • 7.34% AA
  • 5.81% A
  • 2.39% BBB

Holdings by asset type

  • 17.53% Global Fixed Interest
  • 16.87% US Fixed Interest
  • 16.3% Australian Fixed Interest
  • 16.13% Canadian Fixed Interest
  • 8.42% Irish Fixed Interest
  • 6.08% UK Fixed Interest
  • 5.49% German Fixed Interest
  • 4.78% Danish Fixed Interest
  • 4.71% French Fixed Interest
  • 3.69% Swedish Fixed Interest

Individual holdings

  • 8.09% AUSTRALIA 5.50% 21/04/2023
  • 4.62% ISHARES EM LOCAL GOV BND UCITS ETF
  • 4.51% CANADA(GOVT OF) 1.5% BDS 01/06/23 CAD1000
  • 4.31% UNITED STATES OF AMER TREAS NOTES 1.75% BDS 30/04/22 USD1000
  • 3.93% UNITED STATES TREASURY NOTE/ 2.5% 15-08-2023
  • 3.91% CANADA(GOVT OF) 2.75% BDS 01/06/22 CAD1000
  • 3.57% HM TREASURY UNITED KINGDOM DMO 3.75% GILT 07/09/21 GBP
  • 3.46% GERMANY(FEDERAL REPUBLIC OF) 0.5% BDS 15/02/26 EUR0.01
  • 3.12% ISHARES JPM USD EM BND UCITS ETF
  • 1.83% AUSTRALIA(COMMONWEALTH OF) 4.25% TB 21/04/26 AUD100 (CDI)