Nordea 1 - European Covered Bond Fund - AI - EUR/  LU0733665771  /

Fonds
NAV9/10/2024 Chg.+0.0233 Type of yield Investment Focus Investment company
12.4873EUR +0.19% paying dividend Bonds Europe Nordea Inv. Funds 

Investment strategy

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 denominated in EUR. 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.
 

Investment goal

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 denominated in EUR. 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
 

Master data

Type of yield: paying dividend
Funds Category: Bonds
Region: Europe
Branch: Bonds: Mixed
Benchmark: iBoxx Euro Covered Total Return Index
Business year start: 1/1
Last Distribution: 4/26/2024
Depository bank: JP Morgan SE - Luxembourg branch
Fund domicile: Luxembourg
Distribution permission: Austria, Germany, Switzerland, United Kingdom, Czech Republic
Fund manager: Henrik Stille
Fund volume: 5.34 bill.  EUR
Launch date: 2/5/2014
Investment focus: -

Conditions

Issue surcharge: 0.00%
Max. Administration Fee: 0.30%
Minimum investment: 75,000.00 EUR
Deposit fees: -
Redemption charge: 0.00%
Key Investor Information: Download (Print version)
 

Investment company

Funds company: Nordea Inv. Funds
Address: 562, Rue de Neudorf, 2017, Luxembourg
Country: Luxembourg
Internet: www.nordea.lu
 

Assets

Bonds
 
96.01%
Cash
 
3.92%
Others
 
0.07%

Countries

Italy
 
16.36%
France
 
16.14%
Greece
 
6.51%
Spain
 
5.99%
Canada
 
5.87%
Slovakia (Slovak Republic)
 
4.74%
Netherlands
 
4.71%
Austria
 
4.61%
Cash
 
3.92%
Germany
 
3.47%
Portugal
 
2.97%
Denmark
 
2.96%
United Kingdom
 
2.73%
Japan
 
2.26%
Australia
 
2.24%
Others
 
14.52%

Currencies

Euro
 
96.96%
Others
 
3.04%