Fact sheet: Nordea 1 Swedish Bond

Fund information

Fund name
Nordea 1 Swedish Bond BP SEK
Fund company manager
Nordea
Fund type
SIB
Fund manager
Anders Eriksson
since 01/02/2004
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 domiciled in Sweden. The sub-fund invests in bonds denominated in SEK. The fund invests 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 instruments to reduce risks. The fund aims to exploit market movements as well as the yield spreads between various credit risk segments.
Benchmark
JP Morgan Government Bond Sweden - Total Return Index
Investment style
None
Investment method
Fixed Interest

Performance snapshot

Quick stats

1 Year return

-2.34 %

1 Year rank in sector

22/22

Sector

FO Fixed Int - Other Single Currency

Yield
-
Fund size

£ 1.4 b

FE Risk score

97

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Sweden
    95.19%
  • Norway
    3.76%
  • Money Market
    1.05%
  • AAA
    82.5%
  • A
    7.37%
  • AA
    6.53%
  • BBB
    2.55%
  • Money Market
    1.05%
  • Swedish Fixed Interest
    95.19%
  • Norwegian Fixed Interest
    3.76%
  • Money Market
    1.05%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.33 %0.64 %-2.34 %5.82 %9.82 %
Sector0.55 %4.41 %3.77 %7.88 %11.74 %
Rank within sector19 / 2320 / 2222 / 2210 / 187 / 12
Quartile th4 th4 th4 th3 rd3 rd

Calendar performance

YTD-20172016201520142013
Fund-0.52 %3.83 %-1.26 %11.32 %-3.49 %
Sector5.52 %2.04 %-0.92 %4.25 %-0.3 %
Rank within sector21 / 224 / 227 / 182 / 1512 / 13
Quartile th4 th1 st2 nd1 st4 th

Risk statistics

Alpha-0.56
Beta0.94
Sharpe-0
Volatility4.06
Tracking error3.46
Information ratio-0.22
R-Squared0.27

Price movement

52 week high302.23
52 week low290.38
Current bid price0
Current offer price0
Current mid price292.53

Holdings by region

  • 95.19% Sweden
  • 3.76% Norway
  • 1.05% Money Market

Holdings by sector

  • 82.5% AAA
  • 7.37% A
  • 6.53% AA
  • 2.55% BBB
  • 1.05% Money Market

Holdings by asset type

  • 95.19% Swedish Fixed Interest
  • 3.76% Norwegian Fixed Interest
  • 1.05% Money Market

Individual holdings

  • 17.35% SWEDEN(KINGDOM OF) 3.5% BDS 01/06/22 SEK10000
  • 12.79% SWEDEN(KINGDOM OF) 1.5% BDS 13/11/23 SEK5000
  • 10.36% SWEDEN(KINGDOM OF) 2.5% BDS 12/05/25 SEK5000
  • 9.27% SWEDEN(KINGDOM OF) 3.5% BDS 30/03/39 SEK5000
  • 8.8% SWEDEN(KINGDOM OF) 1% MTG BDS 11/12/26 SEK5000
  • 8.21% LANSFORSAKRINGAR HYPOTEK AB 3.25% CNV BDS 16/09/20 SEK2000000
  • 6.11% STADSHYPOTEK AB 2.5% BDS 18/09/19 SEK1000000
  • 6.07% SWEDBANK MORTGAGE AB 3.75% BDS 19/06/19 SEK1000
  • 5.52% SWEDEN(KINGDOM OF) 0.75% BDS 12/05/28 SEK5000
  • 3.76% DNB BANK ASA 1.97% 28-05-2025