Nordea 1 - Norwegian Bond BP NOK (FUND:5466124) - Fund price - Overview

Fund Report

Nordea 1 - Norwegian Bond Fund BP NOK

Key Stats
Morningstar® CategoryNOK Bond
Manager NameHarald Willersrud
Inception Date15/05/1998
NAV 23/05/2018NOK 213.92
Day Change0.17%
12 Month Yield0.00%
Dividend Frequency-
Net Assets (mil) 30/04/20185,728.49 NOK
Wrapper AvailabilityAll
Our Minimum Initial Investment-
Pricing FrequencyDaily
Dealing Cut off Time00:00
Regular InvestmentNo
Actual Initial Charge-
Exit Charge0.00%
Custody ChargeYes
Ongoing Cost0.84%
Fund Rebate-

Morningstar Rating™


Morningstar Sustainability Rating

No Rating

No Rating

Sustainability Rating as of -


Fund Benchmark

Oslo Stock Exchange Govt Bond TR NOK

Morningstar® Benchmark

OSE Statsobligasjonsind 3.00

Growth Of 10,000 (NOK) 30/04/2018

How has this security performed
  • Fund: Nordea 1 - Norwegian Bond Fund BP NOK
  • Category: NOK Bond
  • Benchmark: OSE Statsobligasjonsind 3.00
Trailing Returns % (NOK) 23/05/2018
3 Years Annualised1.311.780.95
5 Years Annualised2.382.361.58
10 Years Annualised3.924.313.36

Morningstar SRRI

Lower Risk
Higher Risk
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The fund invests a minimum of two-thirds of its net assets in fixed-income and floating rate debt securities issued by private borrowers and public authorities domiciled in Norway. The Sub-fund invests in bonds denominated in NOK. Invested are government bonds or bonds issued by local authorities or agencies, mortgage bonds, corporate bonds with a good rating, and bonds issued by supranational institutions. The Fund may further use derivative instruments to reduce risks. The Fund aims to exploit market movements as well as the yield spreads between various credit risk segments.

Portfolio Profile30/04/2018

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond49.21
Covered Bond21.10
Government Related18.21
Municipal (Taxable)1.51
Top Holdings
IncreaseDecreaseNew since last portfolio
Norway (Kingdom Of) 1.5% 2026-02-19Norway4.51
New since last portfolioVerd Boligkreditt AS 1.5% 2023-05-29Norway4.33
New since last portfolioLandkreditt Boligkreditt AS 1.49% 2023-09-12Norway2.94
IncreaseHelgeland Boligkredi As 18/23 Frn C Covd 2024-06-20Norway2.26
New since last portfolioSparebank 1 Naeringskreditt 4.2% 2024-06-21Norway1.91
AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at 4 Exchange Quay, Salford Quays, Manchester M5 3EE. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
© Copyright 2018 Morningstar. All rights reserved.