Fact sheet: Nordea 1 Intl High Yield Bd

Fund information

Fund name
Nordea 1 International High Yield Bond BP USD
Fund company manager
Nordea
Fund type
SIB
Fund manager
Jim Schaeffer
since 01/07/2015
Fund objective
The fund invests worldwide into High Yield Bonds issued by companies. The fund seeks to achieve attractive risk-adjusted return by using a fundamental and research driven approach to investing in the high yield investment universe. Traditional and distressed credit analysis is the driver of the investment process and is at the core of the portfolio construction. The distressed credit analysis helps evaluate opportunities in the lower quality portion of the high yield market where dislocations may occur.
Benchmark
BofA ML Global High Yield Constrained Index
Investment style
High Yield
Investment method
Fixed Interest

Quick stats

1 Year return

7.6 %

1 Year rank in sector

23/77

Sector

FO Fixed Int - Global High Yield

Yield
-
Fund size

£ 193.5 m

FE Risk score

85

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    68.54%
  • Money Market
    6.88%
  • UK
    4.15%
  • Canada
    3.66%
  • Brazil
    2.94%
  • Energy
    11.09%
  • Media
    10.63%
  • Basic Industries
    10.46%
  • Telecommunications
    8.29%
  • Banks
    7.89%
  • US Fixed Interest
    68.54%
  • Money Market
    6.88%
  • UK Fixed Interest
    4.15%
  • Canadian Fixed Interest
    3.66%
  • Brazilian Fixed Interest
    2.94%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.04 %3.19 %7.6 %9.36 %0 %
Sector0.41 %2.55 %6.35 %10.32 %27.25 %
Rank within sector70 / 9128 / 8823 / 7733 / 59 /
Quartile th4 th2 nd2 nd3 rd th

Calendar performance

YTD-20172016201520142013
Fund5.42 %14.32 %-6.42 %1.17 %6.97 %
Sector4.17 %11.43 %-2.49 %1.36 %5.18 %
Rank within sector19 / 8317 / 7055 / 6531 / 5715 / 49
Quartile th1 st1 st4 th3 rd2 nd

Risk statistics

Alpha-1.16
Beta1.32
Sharpe-0
Volatility6.46
Tracking error2.24
Information ratio-0.06
R-Squared0.94

Price movement

52 week high123.56
52 week low112.72
Current bid price0
Current offer price0
Current mid price122.64

Holdings by region

  • 68.54% USA
  • 6.88% Money Market
  • 4.15% UK
  • 3.66% Canada
  • 2.94% Brazil
  • 2.38% Netherlands
  • 2.34% Luxembourg
  • 1.96% France
  • 1.6% Italy
  • 0.74% Argentina

Holdings by sector

  • 11.09% Energy
  • 10.63% Media
  • 10.46% Basic Industries
  • 8.29% Telecommunications
  • 7.89% Banks
  • 7.79% Health Care
  • 6.88% Money Market
  • 5.85% Capital Goods
  • 5.1% Leisure
  • 4.74% Technology

Holdings by asset type

  • 68.54% US Fixed Interest
  • 6.88% Money Market
  • 4.15% UK Fixed Interest
  • 3.66% Canadian Fixed Interest
  • 2.94% Brazilian Fixed Interest
  • 2.38% Dutch Fixed Interest
  • 2.34% Luxembourg Fixed Interest
  • 1.96% French Fixed Interest
  • 1.76% American Emerging Fixed Interest
  • 1.6% Italian Fixed Interest

Individual holdings

  • 1.16% UNIVISION COMMUNICATIONS INC 6.75% BDS 15/09/22 USD1000 144A
  • 0.95% PETROBRAS INTERNATIONAL FINANCE CO 5.375% BDS 27/01/21 USD1000
  • 0.87% GMAC CAPITAL TRUST I 8.125 02/15/2040
  • 0.87% HUGHES SATELLITE SYS CORP 7.625% SNR NTS 15/06/21 USD1000
  • 0.8% ZIGGO SEC FIN BV 5.5% BDS 15/01/27 USD150000 144A
  • 0.78% CENTURYLINK INC 7.6% BDS 15/09/39 USD1000 `P`
  • 0.78% MGM RESORTS INTL 6.625% BDS 15/12/21 USD1000
  • 0.77% VALEANT PHARMACEUTICALS INTL INC 4.5% BDS 15/05/23 EUR100000 REG S
  • 0.73% HCA INC 7.5% BDS 15/02/22 USD2000
  • 0.73% SCIENTIFIC GAMES INTL INC 10% BDS 01/12/22 USD 2000