Nordea 1 - European High Yield Bond Fund BC GBP

Register to Unlock Ratings
Performance History31/07/2022
Growth of 1,000 (GBP) Advanced Graph
Nordea 1 - European High Yield Bond Fund BC GBP
Fund-1.84.27.2-4.2-10.9
+/-Cat1.41.60.3-0.5-0.9
+/-B’mrk1.0-0.9-0.9-1.2-0.6
 
Key Stats
NAV
10/08/2022
 GBP 11.72
Day Change 0.00%
Morningstar Category™ EUR High Yield Bond
IA (formerly IMA) Sector -
ISIN LU0841557993
Fund Size (Mil)
09/08/2022
 EUR 3378.94
Share Class Size (Mil)
09/08/2022
 GBP 0.14
Max Initial Charge 3.00%
Ongoing Charge
16/02/2022
  0.92%
Morningstar Research
Analyst Report

The team behind Nordea 1 - European High Yield Bond is topnotch, and we are upgrading the People Pillar rating to High from Above Average to better reflect the firm’s expanding resources and stability in the portfolio manager team, leading to a...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
PeopleHigh
ParentAverage
ProcessAverage
Performance
Price
Investment Objective: Nordea 1 - European High Yield Bond Fund BC GBP
To provide shareholders with investment growth in the medium to long term. Benchmark ICE BofA European Currency High Yield Constrained Index – Total Return 100% Hedged to EUR. For performance comparison only. Risk characteristics of the fund’s portfolio may bear some resemblance to those of the benchmark. The fund uses a benchmark which is not aligned with the environmental and social characteristics of the fund.
Returns
Trailing Returns (GBP)10/08/2022
YTD-9.08
3 Years Annualised-4.22
5 Years Annualised-0.96
10 Years Annualised-
12 Month Yield 0.00
Management
Manager Name
Start Date
Torben Skødeberg
18/01/2002
Laust Johnsen
01/01/2019
Click here to see others
Inception Date
05/03/2013
Advertisement
Category Benchmark
Fund BenchmarkMorningstar Benchmark
ICE BofA Euran Ccy HY Constnd TR HEURBloomberg Pan Euro HY Euro TR EUR
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNot Specific
GrowthYes
IncomeNot Specific
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  Nordea 1 - European High Yield Bond Fund BC GBP31/07/2022
Fixed Income
Effective Maturity25.84
Effective Duration3.32
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.000.000.00
Bond90.590.0090.59
Property0.000.000.00
Cash7.305.421.89
Other7.520.007.52

Related

In order to provide consistency across the report data provided by different Asset Managers, the calculated data points presented are generated using Morningstar’s proprietary calculation methodology which is set out in more detail at(https://www.morningstar.com/research/signature)