Fact sheet: Nordea 1 Swedish Kroner Res

Fund information

Fund name
Nordea 1 Swedish Kroner Reserve BP SEK
Fund company manager
Nordea
Fund type
SIB
Fund manager
Annette Eineljung
since 01/01/2004
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 denominated in SEK. The strategy is to invest mainly in SEK denominated short-term bonds and other short-term transferable debt securities listed on the Stockholm Stock Exchange or traded in another regulated market within the OECD.
Benchmark
Sweden Interbank 3 month
Investment style
None
Investment method
Fixed Interest

Performance snapshot

Quick stats

1 Year return

0.1 %

1 Year rank in sector

6/9

Sector

FO Fixed Int - Other Single Short/Med Mat

Yield
-
Fund size

£ 3.0 b

FE Risk score

88

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Sweden
    87.7%
  • Finland
    6.38%
  • Norway
    2.8%
  • Germany
    2.25%
  • Money Market
    0.87%
  • Non-Rated
    41.02%
  • BBB
    26.65%
  • A
    22.08%
  • AAA
    9.39%
  • Money Market
    0.87%
  • Swedish Fixed Interest
    87.7%
  • Finnish Fixed Interest
    6.38%
  • Norwegian Fixed Interest
    2.8%
  • German Fixed Interest
    2.25%
  • Money Market
    0.87%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.01 %-0.01 %0.1 %0.05 %3.32 %
Sector0.02 %0.24 %0.33 %1.94 %3.8 %
Rank within sector5 / 97 / 96 / 97 / 95 / 9
Quartile th3 rd4 th3 rd4 th3 rd

Calendar performance

YTD-20172016201520142013
Fund0.12 %0.43 %-0.62 %1.07 %1.76 %
Sector0.42 %0.6 %0.39 %1.46 %0.55 %
Rank within sector6 / 96 / 96 / 96 / 93 / 9
Quartile th3 rd3 rd3 rd3 rd2 nd

Risk statistics

Alpha-0.1
Beta0.22
Sharpe-0
Volatility0.29
Tracking error0.49
Information ratio-1.23
R-Squared0.16

Price movement

52 week high191.36
52 week low190.98
Current bid price0
Current offer price0
Current mid price191.22

Holdings by region

  • 87.7% Sweden
  • 6.38% Finland
  • 2.8% Norway
  • 2.25% Germany
  • 0.87% Money Market

Holdings by sector

  • 41.02% Non-Rated
  • 26.65% BBB
  • 22.08% A
  • 9.39% AAA
  • 0.87% Money Market

Holdings by asset type

  • 87.7% Swedish Fixed Interest
  • 6.38% Finnish Fixed Interest
  • 2.8% Norwegian Fixed Interest
  • 2.25% German Fixed Interest
  • 0.87% Money Market

Individual holdings

  • 4.89% LANSFORSAKRINGAR HYPOTEK AB 2.5% BDS 19/06/19 SEK2000000
  • 4.5% LANSFORSAKRINGAR HYPOTEK AB 3.25% CNV BDS 16/09/20 SEK2000000
  • 3.38% SAMPO FRN 29/05/18 SEK1000000
  • 2.81% Kraftringen Energi AB FRN 06-02-2020
  • 2.54% LUNDBERGFORETAGEN AB 3.05% BDS 20/03/19 SEK1000000
  • 2.42% INDUSTRIVARDEN AB FRN 12/01/18 SEK100000
  • 2.27% SCANIA CV AB FRN 03-12-2018
  • 2.25% OP CORPORATE BANK PLC CALL FR DATED 2 INST 26/08/25 SEK1000000
  • 2.25% Volkswagen Financial Service FRN 12-04-2019
  • 2.24% AB FORTUM VARME HLDG FRN 17/09/18 SEK1000000