Nordea-1 European Covered Bond HBI SEK

The fund invests a minimum of two-thirds of its total assets (after deduction of cash) in high credit quality covered bonds which are admitted for official listing on a stock exchange or traded in another regulated market within the OECD and are issued by companies or financial institutions domiciled or exercising the predominant part of their economic activities in Europe. The fund's investment philosophy builds on a quantitative and risk-based approach.

Key stats

Management firm  Nordea Investment Funds S.A.
Domicile  Luxembourg
Fund Administrator  Nordea Investment Funds S.A.
Global Branding Name  Nordea
Fund Status  OBSOLETE
Fund currency  SEK
Net Assets Date  2014-10-31
Net Assets  k3,428,143,370
Launch Date  2012-02-06
Obsolete Date  2014-11-11
ISIN  LU0733670854
SEDOL  B7MM563
Manager 1 Name  Mette Øhlenschlæger
Fund Strategy  EUR Diversified Bond
Benchmark  Markit iBoxx EUR Covered TR
Fund Structure  SICAV
UCITS 3 compliant  yes

Performance/Volatility

Return Date  2014-10-31
Return - 1 Month  1.05%
Return - 2 Months  2.12 %
Return - 3 Months  3.44%
Return - 6 Months  6.19 %
Return - 9 months  8.11 %
Return - 12 Months  10.46%
Annualized return 24 months  8.36 %
Annualized return since Inception  9.03%
Return YTD  10.28%

Charges

Initial  3.00 %
Minimum Investment  k75,000
Maximum Managment Charge  0.60 %
Exit charge  1.00 %

Contact

Contact name  account 1
Contact Address  562, rue de Neudorf
Contact city  Luxembourg
Contact country  Luxembourg
Fund Admin Group  Nordea Investment Funds S.A.
Web Address  www.nordea.lu
Email contact  nordeafunds@nordea.lu
Custodian  Nordea Bank S.A.
Phone  00352 43 39 50 1

Price

Last Price Date  2014-11-11
Pre-tax nav  111.76
Price change  k-0.02
Price change (percentage)  -0.02 %

Funds Disclaimer

© 2011 - Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed (save (i) as incidentally necessary in the course of viewing it on-line (ii) in the course of printing off single copies of web pages on which it appears for the use of those authorised to view it on-line), or adapted in any way (3) is not warranted to be accurate, complete or timely. This Morningstar-sourced information is provided to you by GFM Ltd and is at your own risk. You agree that Morningstar and or GFM Ltd are not responsible for any damages or losses arising from any use of this information and that the information must not be relied upon by you the user without appropriate verification. GFM Ltd informs you as follows: (i) The information provided should not form the sole basis of any investment decision (ii) no investment decision should be made in relation to any of the information provided other than on the advice of a professional financial advisor; (iii) past performance is no guarantee of future results; and (iv) the value and income derived from investments can go down as well as up.
For fund additions and/or data corrections please contact dataquestions@morningstar.com

Ratings Disclaimer

© 2010 - 2011 Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
For fund additions and/or data corrections please contact dataquestions@morningstar.com

All our data is licensed from Morningstar UK Ltd. Important legal information