Fact sheet: Nordea 1 Global Bond

Fund information

Fund name
Nordea 1 Global Bond BP EUR
Fund company manager
Nordea
Fund type
SIB
Fund manager(s)
Thede Rüst
since 01/01/2015
Fund objective
The fund invests a minimum of two-thirds of its net assets in fixed-income and floating rate debt securities issued by an OECD member state or companies registered in such countries. Investments are made in government bonds or bonds issued by local authorities or agencies, mortgage bonds, corporate bonds with a good rating, and bonds issued by supranational institutions. The fund may further use derivative instrument to reduce risks. The fund aims to exploit market movements as well as the yield spreads between various credit risk segments.
Benchmark
JP Morgan GBI Global - Total Return Index
Investment style
None
Investment method
Fixed Interest

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

-7.13 %

1 Year rank in sector

303/308

Sector

FO Fixed Int - Global

Yield
-
Fund size

£ 138.5 m

FE Risk score

88

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    36.25%
  • Japan
    14.7%
  • Italy
    10.2%
  • Spain
    8.02%
  • UK
    7.32%
  • AA
    50.83%
  • A
    18.95%
  • BBB
    18.22%
  • AAA
    9.49%
  • Money Market
    2.01%
  • US Fixed Interest
    36.25%
  • Japanese Fixed Interest
    14.7%
  • Italian Fixed Interest
    10.2%
  • Spanish Fixed Interest
    8.02%
  • UK Fixed Interest
    7.32%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund0.42 %-7.03 %-7.13 %7.21 %8.46 %
Sector0.06 %1.7 %2.02 %6.23 %9.25 %
Rank within sector94 / 345328 / 331303 / 308103 / 25298 / 185
Quartile th2 nd4 th4 th2 nd3 rd

Calendar performance

YTD-20172016201520142013
Fund-5.34 %3.17 %7.84 %15.47 %-8.3 %
Sector3.48 %4.59 %-1.64 %3.66 %-1.56 %
Rank within sector313 / 317154 / 2854 / 2566 / 220188 / 197
Quartile th4 th3 rd1 st1 st4 th

Risk statistics

Alpha0.83
Beta1
Sharpe-0
Volatility7.45
Tracking error6.92
Information ratio0.09
R-Squared0.13

Price movement

52 week high18.15
52 week low16.53
Current bid price0
Current offer price0
Current mid price16.66

Holdings by region

  • 36.25% USA
  • 14.7% Japan
  • 10.2% Italy
  • 8.02% Spain
  • 7.32% UK
  • 6.78% France
  • 5.79% Germany
  • 2.82% Poland
  • 2.01% Money Market
  • 1.52% Netherlands

Holdings by sector

  • 50.83% AA
  • 18.95% A
  • 18.22% BBB
  • 9.49% AAA
  • 2.01% Money Market
  • 0.51% BB

Holdings by asset type

  • 36.25% US Fixed Interest
  • 14.7% Japanese Fixed Interest
  • 10.2% Italian Fixed Interest
  • 8.02% Spanish Fixed Interest
  • 7.32% UK Fixed Interest
  • 6.78% French Fixed Interest
  • 5.79% German Fixed Interest
  • 2.82% Polish Fixed Interest
  • 2.01% Money Market
  • 1.52% Dutch Fixed Interest

Individual holdings

  • 7.67% UNITED STATES OF AMER TREAS NOTES 1.625% TB 15/11/22 USD1000
  • 4.44% ITALY(REPUBLIC OF) 4.5% TB 01/02/18 EUR1000
  • 4.05% UNITED STATES OF AMER TREAS NOTES 0% NTS 30/06/20 USD1000
  • 3.4% UNITED STATES OF AMER TREAS BONDS 1.5% BDS 15/08/26 USD1000
  • 3.21% JAPAN(GOVERNMENT OF) 1.3% BDS 20/03/20 JPY1000 307
  • 3.06% UNITED STATES OF AMER TREAS NOTES 4% TN 15/08/18 USD1000
  • 2.99% UNITED STATES OF AMER TREAS BONDS 3.75% BDS 15/11/43 USD1000
  • 2.82% POLAND(STATE TREASURY OF) 2.5% BDS 25/07/26 PLN1000
  • 2.78% UNITED STATES OF AMER TREAS NOTES 2.75% NTS 15/02/19 USD100
  • 2.76% UNITED STATES OF AMER TREAS BONDS 4.50% BDS 15/08/39 USD1000