Fact sheet: Nordea 1 US Bd Opps

Fund information

Fund name
Nordea 1 US Bond Opportunities BP USD
Fund company manager
Nordea
Fund type
SIB
Fund manager
Ken Shinoda
since 04/04/2016
Fund objective
The fund´s objective is to maximise current income and total return over a full market cycle through both income and price appreciation. It generally seeks to identify investment opportunities within and across all subsectors of the fixed income market and to exploit inefficiencies while maintaining active risk management constraints. The fund is benchmarked against the Bloomberg Barclays US Aggregate Bond Index. While the major part of bonds and debt instruments the fund invests in consists of U.S.-dollar denominated corporate bonds rated Baa3/BBB- or higher, U.S. Treasuries and Agency mortgage-backed securities (MBS), the fund can also invest in non-benchmark sectors such as High Yield corporate bonds, U.S. dollar-denominated Emerging Market Debt and non-Agency MBS. Top-down active management of exposure to specific market segments combined with bottom-up security selection forms the cornerstone of the expected excess return of the strategy.
Benchmark
Bloomberg Barclays US Aggregate Index
Investment style
None
Investment method
Fixed Interest

Quick stats

1 Year return

-1.46 %

1 Year rank in sector

17/18

Sector

FO Fixed Int - USD

Yield
-
Fund size

£ 51.3 m

FE Risk score
-
NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    90.39%
  • Money Market
    2.19%
  • UK
    2.04%
  • Canada
    1.55%
  • Australia
    1.14%
  • AA
    52.64%
  • BBB
    15.46%
  • A
    13.73%
  • CCC-
    10.22%
  • Money Market
    4.66%
  • US Fixed Interest
    90.39%
  • Money Market
    2.19%
  • UK Fixed Interest
    2.04%
  • Canadian Fixed Interest
    1.55%
  • Australian Fixed Interest
    1.14%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.16 %2.2 %-1.46 %0 %0 %
Sector0.34 %2.44 %2.31 %7.34 %14.03 %
Rank within sector14 / 2011 / 1917 / 18 / /
Quartile th3 rd3 rd4 th th th

Calendar performance

YTD-20172016201520142013
Fund2.64 %0 %0 %0 %0 %
Sector3.45 %4.96 %-0.48 %3.44 %0.01 %
Rank within sector14 / 18 / / / /
Quartile th4 th th th th th

Price movement

52 week high101.67
52 week low96.64
Current bid price0
Current offer price0
Current mid price99.96

Holdings by region

  • 90.39% USA
  • 2.19% Money Market
  • 2.04% UK
  • 1.55% Canada
  • 1.14% Australia
  • 0.55% Mexico
  • 0.45% Brazil
  • 0.42% Japan
  • 0.36% Israel
  • 0.32% France

Holdings by sector

  • 52.64% AA
  • 15.46% BBB
  • 13.73% A
  • 10.22% CCC-
  • 4.66% Money Market
  • 1.93% AAA
  • 0.95% Non-Rated
  • 0.42% BB

Holdings by asset type

  • 90.39% US Fixed Interest
  • 2.19% Money Market
  • 2.04% UK Fixed Interest
  • 1.55% Canadian Fixed Interest
  • 1.14% Australian Fixed Interest
  • 0.55% Mexican Fixed Interest
  • 0.45% Brazilian Fixed Interest
  • 0.42% Japanese Fixed Interest
  • 0.36% Middle East & African Fixed Interest
  • 0.32% French Fixed Interest

Individual holdings

  • 10.63% UNITED STATES OF AMER TREAS NOTES 1% NTS 15/03/18 USD1000
  • 7.24% UNITED STATES OF AMER TREAS NOTES 1.625% TB 31/07/19 USD1000
  • 3.99% Fannie Mae Pool 3.5% 01-12-2046
  • 3.78% UNITED STATES OF AMER TREAS NOTES 2% NTS 30/11/20 USD100
  • 3.27% CITIGROUP MORTGAGE LOAN TRUST INC 5.764% BDS 25/01/37 USD25000
  • 3.26% Alternative Loan Trust 2006- 6% 25-04-2036
  • 3.15% UNITED STATES OF AMER TREAS BONDS 2.875% BDS 15/11/42 USD100
  • 2.78% United States Treasury Note/Bond
  • 1.95% COUNTRYWIDE ALTERNATIVE LOAN TST 6% BDS 25/02/36 USD1000 2005-80CB 4-A-1
  • 1.9% Freddie Mac Gold Pool 3% 01-03-2046