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 21/03/2018NOK 212.63
Day Change-0.07%
12 Month Yield0.00%
Dividend Frequency-
Net Assets (mil) 28/02/20185,793.20 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) 28/02/2018

How has this security performed
  • Fund: Nordea 1 - Norwegian Bond Fund BP NOK
  • Category: NOK Bond
  • Benchmark: OSE Statsobligasjonsind 3.00
Trailing Returns % (NOK) 21/03/2018
3 Years Annualised0.601.350.75
5 Years Annualised2.452.531.58
10 Years Annualised3.704.063.20

Morningstar SRRI

Lower Risk
Higher Risk
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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 Profile28/02/2018

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 Bond46.48
Covered Bond26.42
Government Related17.15
Municipal (Taxable)1.24
Top Holdings
IncreaseDecreaseNew since last portfolio
DecreaseNorway(Kingdom Of) 1.5% 2026-02-19Norway4.44
New since last portfolioVerd Boligkreditt AS FRN PIDI 27/05/2022 NOK 2023-05-29Norway3.41
New since last portfolioLandkreditt Boligkreditt AS FRN PIDI CVD BDS 12/09/2022 NOK 2023-09-12Norway2.90
New since last portfolioFana Sparebank Boligkreditt FRN UNSUB PIDI CVD BDS 20/09/2022 NOK 2023-09-20Norway2.25
Eiendomskreditt FRN 2023-06-15Norway2.10
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