Nordea 1 - Low Duration European Covered Bond Fund BC GBPRegister to Unlock Ratings |
Performance History | 29/02/2024 |
Growth of 1,000 (GBP) | Advanced Graph |
Fund | 6.9 | -7.1 | 4.4 | 0.1 | -0.7 | |
+/-Cat | 0.9 | -0.9 | 0.0 | -2.4 | 0.4 | |
+/-B’mrk | 0.5 | -1.0 | 3.8 | -2.5 | 0.6 | |
Category: EUR Corporate Bond - Short Term | ||||||
Category Benchmark: Bloomberg Euro Agg Corp 1-3... |
Key Stats | ||
NAV 28/03/2024 | GBP 89.54 | |
Day Change | -0.35% | |
Morningstar Category™ | EUR Corporate Bond - Short Term | |
IA (formerly IMA) Sector | - | |
ISIN | LU1694214393 | |
Fund Size (Mil) 28/03/2024 | EUR 2262.77 | |
Share Class Size (Mil) 28/03/2024 | GBP 0.23 | |
Max Initial Charge | 1.00% | |
Ongoing Charge 17/02/2023 | 0.55% |
Investment Objective: Nordea 1 - Low Duration European Covered Bond Fund BC GBP |
To provide shareholders with investment growth in the short to medium term. The fund mainly invests in European covered bonds. Specifically, the fund invests at least two thirds of total assets in covered bonds that are denominated in European currencies or that are issued by companies or financial institutions that are domiciled, or conduct the majority of their business, in Europe. The fund also invests at least two thirds of total assets in debt securities with a rating of AAA/Aaa or lower, but not lower than A-/A3, or equivalent. The fund’s modified duration is between 0 and 2. |
Returns | |||||||||||||
|
Management | ||
Manager Name Start Date | ||
Henrik Stille 24/10/2017 | ||
Inception Date 20/03/2018 |
Advertisement |
Category Benchmark | |
Fund Benchmark | Morningstar Benchmark |
Iboxx Euro Cov IR 1Y Dur Hdg TR EUR | Bloomberg Euro Agg Corp 1-3 Yr TR EUR |
Target Market | ||||||||||||||||||||
|
Portfolio Profile for Nordea 1 - Low Duration European Covered Bond Fund BC GBP | 29/02/2024 |
|
|