Nordea-1 Swedish Bond BP SEK (FUND:B1WLCB2) - Overview

Fund Report

Nordea-1 Swedish Bond Fund BP SEK

Key Stats
Morningstar® CategorySEK Bond
Manager NameAnders Eriksson
Inception Date04/08/1995
NAV 25/10/2016SEK 301.41
Day Change-0.08%
12 Month Yield0.00%
Dividend Frequency-
Net Assets (mil) 30/06/20161,434.93 SEK
Wrapper AvailabilityAll
Our Minimum Initial Investment50.00 SEK
Pricing FrequencyDaily
Dealing Cut off Time13:30:00
Regular InvestmentNo
Actual Initial Charge0.00%
Exit Charge0.00%
Custody ChargeYes
Fund Ongoing Charge1.01%
Fund Rebate-

Morningstar Rating™



Fund Benchmark

JPM GBI Sweden Traded TR SEK

Morningstar® Benchmark

Citigroup Swedish GBI SEK

Growth Of 10,000 (SEK) 30/09/2016

How has this security performed
  • Fund: Nordea-1 Swedish Bond Fund BP SEK
  • Category: SEK Bond
  • Benchmark: Citigroup Swedish GBI SEK
Trailing Returns % (SEK) 25/10/2016
3 Years Annualised5.233.705.72
5 Years Annualised3.403.003.77
10 Years Annualised3.933.784.78

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 Sweden. The sub-fund invests in bonds denominated in SEK. The fund invests in 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 Profile30/06/2016

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 Bond10.68
Cash & Equivalents2.58
Top Holdings
IncreaseDecreaseNew since last portfolio
IncreaseSweden(Kingdom Of) 3.5% 2022-06-01Sweden15.19
Sweden(Kingdom Of) 1.5% 2023-11-13Sweden12.01
Sweden(Kingdom Of) 2.5% 2025-05-12Sweden10.58
Sweden(Kingdom Of) 3.5% 2039-03-30Sweden9.18
Swedbank Mortgage 3.75% 2019-06-19Sweden8.90
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