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 25/09/2017NOK 214.55
Day Change0.08%
12 Month Yield0.00%
ISINLU0087209911
SEDOL
Dividend Frequency-
Net Assets (mil) 31/08/20176,794.50 NOK
Wrapper AvailabilityAll
Our Minimum Initial Investment-
Pricing FrequencyDaily
Dealing Cut off Time00:00
Regular InvestmentNo
Actual Initial Charge-
Exit Charge0.00%
Custody ChargeYes
Fund Ongoing Charge0.86%
AMC0.60%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_2

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

Oslo Stock Exchange Govt Bond TR NOK

Morningstar® Benchmark

OSE Statsobligasjonsind 3.00

Growth Of 10,000 (NOK) 31/08/2017

How has this security performed
20132014201520162017
Fund1.778.96-0.191.362.27
Category3.106.800.302.502.35
Benchmark0.945.071.590.441.13
  • Fund: Nordea 1 - Norwegian Bond Fund BP NOK
  • Category: NOK Bond
  • Benchmark: OSE Statsobligasjonsind 3.00
Trailing Returns % (NOK) 25/09/2017
FundCatBmark
YTD2.222.441.20
3 Years Annualised2.452.441.98
5 Years Annualised3.012.911.92
10 Years Annualised4.204.413.60

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 Profile31/08/2017

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds89.090.0089.09
Cash1.980.001.98
Other8.930.008.93
Top Fixed Income Sectors
Fixed Income Sector%
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
Norway(Kingdom Of) 1.5% 2026-02-19Norway7.44
Norway(Kingdom Of) 3% 2024-03-14Norway6.05
Norway(Kingdom Of) 0.294% 2025-03-13Norway3.79
Ssb Boligkreditt As 14/21 Adj C Covd 2022-02-25Norway2.33
Nordea Eiendomskre 1.8% 2022-06-15Norway1.86
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