Nordea 1 - Danish Covered Bond Fund BF EUR
ISIN LU2293905035 / Valor null
Nordea 1 - Danish Covered Bond Fund BF EUR
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General Objective
The fund aims to invest 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 Denmark, primarily in callable Danish mortgage-backed bonds listed on the Copenhagen Stock Exchange.
Fund Exposure
The fund is characterized by actively managed investments in Danish mortgage-backed bonds and Danish government bonds listed on the Copenhagen Stock Exchange. The holdings typically have high coupons compared to bonds with similar durations, with a benchmark used for performance comparison purposes.
Risks
Investors should be aware that the value of their investment in the fund can fluctuate, and they may not recover the full amount invested. The risk characteristics of the fund's portfolio may bear some resemblance to those of the benchmark, potentially leading to higher or lower risk levels.
Source
https://www.nordea.lu/documents/monthly-report---fact-sheet/MR_N1_DCVBF_BI_DKK_ger_INT.pdf
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