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 22/01/2018NOK 214.02
Day Change-0.04%
12 Month Yield0.00%
ISINLU0087209911
SEDOL
Dividend Frequency-
Net Assets (mil) 31/12/20176,560.04 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 Cost0.86%
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) 31/12/2017

How has this security performed
201220132014201520162017
Fund5.301.778.96-0.191.362.22
Category5.993.106.800.302.502.73
Benchmark2.170.945.071.590.441.39
  • Fund: Nordea 1 - Norwegian Bond Fund BP NOK
  • Category: NOK Bond
  • Benchmark: OSE Statsobligasjonsind 3.00
Trailing Returns % (NOK) 22/01/2018
FundCatBmark
YTD-0.260.00-0.16
3 Years Annualised0.661.420.89
5 Years Annualised2.842.841.96
10 Years Annualised3.914.173.33

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 Profile31/12/2017

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds88.730.0088.73
Cash1.850.001.85
Other9.420.009.42
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond41.01
Covered Bond23.20
Government16.79
Government Related12.88
Municipal (Taxable)2.44
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
DecreaseNorway(Kingdom Of) 1.5% 2026-02-19Norway5.07
DecreaseNorway(Kingdom Of) 3% 2024-03-14Norway5.03
Norway(Kingdom Of) 0.294% 2025-03-13Norway3.90
IncreaseVerd Boligkreditt As 17/22 Frn C Covd 2023-05-29Norway2.25
Verd Boligkreditt FRN 2021-04-29Norway1.92
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