Fact sheet: Nordea 1 Norwegian Krnr Res

Fund information

Fund name
Nordea 1 Norwegian Kroner Reserve BP NOK
Fund company manager
Nordea
Fund type
SIB
Fund manager(s)
Linn Yver
since 19/01/2015
Iren Jensen
since 19/01/2015
Fund objective
The fund invests a minimum of two-thirds of its net assets in fixed-income and floating rate debt securities issued by private borrowers and public authorities denominated in NOK. The strategy is to invest mainly in NOK denominated short-term bonds and other short-term transferable debt securities listed on the Oslo Stock Exchange or traded in another regulated market within the OECD.
Benchmark
3 Month NIBOR – Total Return Index
Investment style
None
Investment method
Fixed Interest

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

1.57 %

1 Year rank in sector

2/9

Sector

FO Fixed Int - Other Single Short/Med Mat

Yield
-
Fund size

£ 6.8 b

FE Risk score

95

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Norway
    90.44%
  • Sweden
    2.96%
  • Money Market
    2.17%
  • Netherlands
    1.97%
  • Denmark
    1.65%
  • Non-Rated
    63.55%
  • A
    15.21%
  • AAA
    7%
  • BBB
    6.87%
  • AA
    5.2%
  • Norwegian Fixed Interest
    90.44%
  • Swedish Fixed Interest
    2.96%
  • Money Market
    2.17%
  • Dutch Fixed Interest
    1.97%
  • Danish Fixed Interest
    1.65%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund0.04 %0.68 %1.57 %4.17 %8.94 %
Sector0.06 %0.1 %0.4 %1.87 %3.7 %
Rank within sector4 / 93 / 92 / 92 / 93 / 9
Quartile th2 nd2 nd1 st1 st2 nd

Calendar performance

YTD-20172016201520142013
Fund1.34 %2.02 %0.46 %2.07 %2.23 %
Sector0.47 %0.6 %0.39 %1.46 %0.55 %
Rank within sector2 / 93 / 92 / 94 / 92 / 9
Quartile th1 st2 nd1 st2 nd1 st

Risk statistics

Alpha1.14
Beta0.38
Sharpe-0
Volatility0.5
Tracking error0.56
Information ratio1.31
R-Squared0.16

Price movement

52 week high200.51
52 week low197.41
Current bid price0
Current offer price0
Current mid price200.5

Holdings by region

  • 90.44% Norway
  • 2.96% Sweden
  • 2.17% Money Market
  • 1.97% Netherlands
  • 1.65% Denmark
  • 0.81% Finland

Holdings by sector

  • 63.55% Non-Rated
  • 15.21% A
  • 7% AAA
  • 6.87% BBB
  • 5.2% AA
  • 2.17% Money Market

Holdings by asset type

  • 90.44% Norwegian Fixed Interest
  • 2.96% Swedish Fixed Interest
  • 2.17% Money Market
  • 1.97% Dutch Fixed Interest
  • 1.65% Danish Fixed Interest
  • 0.81% Finnish Fixed Interest

Individual holdings

  • 2.7% STATNETT SF 0% BDS 22/05/19 NOK1000000
  • 2.35% SSB BOLIGKREDITT AS BOND VARIABLE 03/SEP/2020 NOK
  • 2.26% BERGENSHALVOENS KOMMUNALE KRAFTSELS FRN 22/05/20 NOK500000
  • 1.91% OLAV THON EIENDOMSSELSKAP FRN 18/10/19 NOK1000000
  • 1.89% BERGENSHALVOENS KOMMUNALE KRAFTSELS 5.9% BDS 06/11/17 NOK500000
  • 1.51% KONGSBERG GRUPPEN ASA FRN 05/03/20 NOK1000000
  • 1.5% FJELLINJEN AS 15/18 FRN
  • 1.5% Sogn og Fjordane fylke 16/18 FRN
  • 1.44% Aalesund komm 17/20 FRN
  • 1.39% EIENDOMSKREDITT 0% BDS 17/06/19 NOK1000000