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

-1.76 %

1 Year rank in sector

262/306

Sector

FO Fixed Int - Global

Yield
-
Fund size

£ 3.2 b

FE Risk score

17

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Australia
    19.66%
  • USA
    17.14%
  • Canada
    15.45%
  • Others
    11.02%
  • Ireland
    7.62%
  • AAA
    67.6%
  • AA
    11.13%
  • Non-Rated
    7.73%
  • Money Market
    4.89%
  • BBB
    4.82%
  • Australian Fixed Interest
    19.66%
  • US Fixed Interest
    17.14%
  • Canadian Fixed Interest
    15.45%
  • Global Fixed Interest
    11.02%
  • Irish Fixed Interest
    7.62%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.23 %0.48 %-1.76 %3.62 %0 %
Sector0.01 %2.35 %2.2 %6.22 %9.68 %
Rank within sector252 / 345262 / 331262 / 306164 / 256 /
Quartile th3 rd4 th4 th3 rd th

Calendar performance

YTD-20172016201520142013
Fund0.7 %0.95 %1.38 %5.6 %0 %
Sector3.34 %4.59 %-1.64 %3.66 %-1.56 %
Rank within sector246 / 318243 / 28743 / 26087 / 224 /
Quartile th4 th4 th1 st2 nd th

Risk statistics

Alpha-0.3
Beta0.76
Sharpe-0
Volatility2.56
Tracking error1.64
Information ratio-0.45
R-Squared0.65

Price movement

52 week high107.91
52 week low104.25
Current bid price0
Current offer price0
Current mid price105.86

Holdings by region

  • 19.66% Australia
  • 17.14% USA
  • 15.45% Canada
  • 11.02% Others
  • 7.62% Ireland
  • 7.03% UK
  • 5.91% Germany
  • 4.89% Money Market
  • 4.41% France
  • 3.95% Denmark

Holdings by sector

  • 67.6% AAA
  • 11.13% AA
  • 7.73% Non-Rated
  • 4.89% Money Market
  • 4.82% BBB
  • 3.6% A
  • 0.23% BB

Holdings by asset type

  • 19.66% Australian Fixed Interest
  • 17.14% US Fixed Interest
  • 15.45% Canadian Fixed Interest
  • 11.02% Global Fixed Interest
  • 7.62% Irish Fixed Interest
  • 7.03% UK Fixed Interest
  • 5.91% German Fixed Interest
  • 4.89% Money Market
  • 4.41% French Fixed Interest
  • 3.95% Danish Fixed Interest

Individual holdings

  • 8.32% AUSTRALIAN GOVT LOANS(CMNWLTH OF) 5.5% LN STK 21/04/23 AUD100
  • 8.08% AUSTRALIAN GOVT LOANS(CMNWLTH OF) 2.75% LN STK 21/04/24 AUD100
  • 5.52% CANADA(GOVT OF) 2.5% BDS 01/06/24 CAD1000
  • 4.45% CANADA(GOVT OF) 1.5% BDS 01/06/23 CAD1000
  • 4.33% ISHARES III PLC
  • 4.28% UNITED STATES OF AMER TREAS NOTES 1.75% BDS 30/04/22 USD1000
  • 3.99% CANADA(GOVT OF) 2.75% BDS 01/06/22 CAD1000
  • 3.9% UNITED STATES OF AMER TREAS NOTES 2.625% TB 15/08/23 USD100
  • 3.59% HM TREASURY UNITED KINGDOM DMO 3.75% GILT 07/09/21 GBP
  • 2.98% ISHARES II PLC J.P.MORGAN $ EMERGING MARKET BOND ETF USD DIST USD