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Nordea 1 - European Cross Credit Fund BP EUR

Ranked 3 out of 11 in - Euro Corporates over 12 months
All calculations are in LVL unless stated

Managed by

Jan Sørensen

Jan Sørensen is based in Copenhagen and is Senior Portfolio Manager at Nordea Investment Management. He has been with the firm since 2009 and manages the Euro Diversified Corporate Bond Fund among others, using the fundamental bottom-up investment style. Formerly, he had been at Danske Capital since 2000 as Chief Portfolio Manager. Jan graduated from Copenhagen Business School where he studied for a Graduate Diploma in Business Administration and outside of work he enjoys tennis, skiing and shooting.

Objective

This Sub-fund shall invest a minimum of two-thirds of its total assets (after deduction of cash) in corporate bonds with fixed coupon or fixed and contingent coupon or variable coupon. It may focus on corporate bonds issued by companies which are domiciled or exercise the predominant part of their economic activity in Europe. At the time of the investment, the securities must have a longterm rating between BB+/Baa1 and B-/B3 or equivalent. It may also invest a maximum of 10% of its total assets in non-rated securities.

Showing fund performance in Latvia View performance globally

Performance

Euro Corporates over : 31/05/2016 - 31/05/2017

Total Return

Quarterly Performance

to 31/03/2017 Annual Q1 Q2 Q3 Q4
2017 0.7%
2016 5.3% 1.1% 1.2% 2.5% 0.4%
2015 0.3% 1.8% -1.3% -1.9% 1.8%
2014 5.1% 1.9% 1.6% 0.3% 1.2%
2013 6.0% 1.1% -0.4% 2.6% 2.7%
2012 -1.2% 4.1% 3.3%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Belgium
  3. Denmark
  4. Estonia
  5. Finland
  6. France
  7. Germany
  8. Italy
  9. Latvia
  10. Lithuania
  11. Luxembourg
  12. Netherlands
  13. Singapore
  14. Spain
  15. Switzerland
  16. United Kingdom

Fund Info

  • Launch date22/02/2012
  • Share Class size336Mn
  • Base currencyEUR
  • ISIN LU0733673288

Purchase Info

  • Min. initial investment0
  • Min. regular additional investment0

Charges

  • Annual management1.00%

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).