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(s)
Karsten Bierre
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

1.31 %

1 Year rank in sector

217/305

Sector

FO Fixed Int - Global

Yield
-
Fund size

£ 3.2 b

FE Risk score

17

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Germany
    20.7%
  • USA
    19.64%
  • Others
    15.61%
  • France
    7.06%
  • Australia
    6.06%
  • AAA
    48.34%
  • AA
    31.15%
  • BBB
    6.24%
  • Money Market
    5.73%
  • A
    4.89%
  • German Fixed Interest
    20.7%
  • US Fixed Interest
    19.64%
  • Global Fixed Interest
    15.61%
  • French Fixed Interest
    7.06%
  • Australian Fixed Interest
    6.06%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.1 %0.12 %1.31 %1.37 %0 %
Sector0.32 %0.88 %3.57 %5.74 %8.64 %
Rank within sector247 / 343232 / 328217 / 305178 / 239 /
Quartile th3 rd3 rd3 rd3 rd th

Calendar performance

YTD-20182017201620152014
Fund-0.03 %1.1 %0.95 %1.38 %5.6 %
Sector0.16 %3.67 %4.59 %-1.64 %3.66 %
Rank within sector193 / 342218 / 301228 / 26846 / 23886 / 206
Quartile th3 rd3 rd4 th1 st2 nd

Risk statistics

Alpha-0.47
Beta0.75
Sharpe-0
Volatility2.5
Tracking error1.65
Information ratio-0.61
R-Squared0.63

Price movement

52 week high107.22
52 week low104.54
Current bid price0
Current offer price0
Current mid price106.25

Holdings by region

  • 20.7% Germany
  • 19.64% USA
  • 15.61% Others
  • 7.06% France
  • 6.06% Australia
  • 5.82% Sweden
  • 5.73% Money Market
  • 5.68% Denmark
  • 4.82% UK
  • 4.81% Canada

Holdings by sector

  • 48.34% AAA
  • 31.15% AA
  • 6.24% BBB
  • 5.73% Money Market
  • 4.89% A
  • 3.65% Non-Rated

Holdings by asset type

  • 20.7% German Fixed Interest
  • 19.64% US Fixed Interest
  • 15.61% Global Fixed Interest
  • 7.06% French Fixed Interest
  • 6.06% Australian Fixed Interest
  • 5.82% Swedish Fixed Interest
  • 5.73% Money Market
  • 5.68% Danish Fixed Interest
  • 4.82% UK Fixed Interest
  • 4.81% Canadian Fixed Interest

Individual holdings

  • 7.42% GERMANY(FEDERAL REPUBLIC OF) 0.5% BDS 15/08/27 EUR0.01
  • 4.65% GERMANY(FEDERAL REPUBLIC OF) 1.5% NTS 15/02/23 EUR0.01
  • 4.29% AUSTRALIAN GOVT LOANS(CMNWLTH OF) 5.5% LN STK 21/04/23 AUD100
  • 3.9% CANADA(GOVT OF) 1.5% BDS 01/06/23 CAD1000
  • 3.64% UNITED STATES OF AMER TREAS BONDS 1.75% BDS 15/11/26 USD100
  • 3.64% UNITED STATES OF AMER TREAS NOTES 2.625% TB 15/08/23 USD100
  • 3.45% HM TREASURY UNITED KINGDOM DMO 3.75% GILT 07/09/21 GBP
  • 3.16% UNITED STATES OF AMER TREAS NOTES BDS 30/04/23 USD100
  • 2.61% UNITED STATES OF AMER TREAS BILLS 2.25% TB 15/11/27 USD100
  • 2.51% GERMANY(FEDERAL REPUBLIC OF) 0% BDS 07/10/22 EUR1000