Nordea 1 - European Corporate Bond Fund HY NOK
ISIN LU2898886325 / Valor null
Nordea 1 - European Corporate Bond Fund HY NOK
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General Objective
The fund aims to provide shareholders with investment growth in the medium to long term by actively managing the portfolio to select securities with superior investment opportunities, mainly focusing on corporate bonds denominated in EUR and credit default swaps.
Fund Exposure
The fund primarily invests in EUR-denominated corporate bonds and credit default swaps, with at least two-thirds of total assets in debt securities rated AAA/Aaa or lower, but not lower than BBB-/Baa3. It may also invest in asset-backed securities and use derivatives for hedging and efficient portfolio management. The fund's major currency exposure is hedged to the base currency, with the possibility of exposure to other currencies.
Risks
The fund is categorized as medium risk, with potential fluctuations in Net Asset Value. Risks not adequately captured by the synthetic indicator include ABS/MBS risk, credit risk, derivatives risk, and prepayment/extension risk. Investors are advised to refer to the Prospectus for a detailed description of the risks associated with the fund.
Source
https://www.nordea.com/
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