Nordea 1 Low Dur.US High Y.Bd.F.E EUR
LU0602536251
Nordea 1 Low Dur.US High Y.Bd.F.E EUR/ LU0602536251 /
NAV2024-04-29 |
Chg.+0.0247 |
Type of yield |
Investment Focus |
Investment company |
11.8258EUR |
+0.21% |
reinvestment |
Bonds
Corporate Bonds
|
Nordea Inv. Funds ▶ |
Investment goal
The fund seeks to achieve attractive risk-adjusted return by identifying target bonds through eliminating uncompensated risk. The fund manager rigorously screens the investment universe for risk in order to quantify upside potential using bond analysis, not equity-style analysis. By targeting the sweet spot for risk compensation, the managers goal is to eliminate rather than to include bonds. The underlying belief is that to deliver attractive returns it is more important to recognise which bonds not to include in the portfolio, than to focus on the ones that should be selected. This fund focuses primarily on maintaining a low duration using high yield instruments and Treasury futures. The investment process is dominated by bottom-up security selection, with macroeconomic analysis as an integral part.
Master data
Type of yield: |
reinvestment |
Funds Category: |
Bonds |
Country: |
United States of America |
Branch: |
Corporate Bonds |
Benchmark: |
ICE BofA 0-3 Month US Treasury Bill Index |
Business year start: |
01-01 |
Last Distribution: |
- |
Depository bank: |
J.P. Morgan SE, Luxembourg Branch |
Fund domicile: |
Luxembourg |
Distribution permission: |
Austria, Germany, Switzerland, United Kingdom |
Fund manager: |
Eric Gold, Matt Jacob, Shu-Yang Tan and Mark Kehoe |
Fund volume: |
97.87 mill.
USD
|
Launch date: |
2012-02-21 |
Investment focus: |
- |
Conditions
Issue surcharge: |
0.00% |
Max. Administration Fee: |
1.00% |
Minimum investment: |
0.00 EUR |
Deposit fees: |
- |
Redemption charge: |
0.00% |
Key Investor Information: |
Download (Print version) |
Investment company
Funds company: |
Nordea Inv. Funds |
Address: |
562, Rue de Neudorf, 2017, Luxembourg |
Country: |
Luxembourg |
Internet: |
www.nordea.lu
|
Countries
United States of America |
|
79.86% |
Canada |
|
4.95% |
Cash |
|
3.81% |
Netherlands |
|
2.38% |
United Kingdom |
|
1.49% |
Switzerland |
|
1.38% |
France |
|
1.30% |
Liberia |
|
0.78% |
Australia |
|
0.75% |
Panama |
|
0.63% |
Bermuda |
|
0.60% |
Italy |
|
0.59% |
Jersey |
|
0.40% |
Poland |
|
0.34% |
Ireland |
|
0.26% |
Others |
|
0.48% |
Currencies
US Dollar |
|
96.08% |
Euro |
|
0.11% |
Others |
|
3.81% |