Nordea 1 - European Cross Credit Fund HB SEK header image

Nordea 1 - European Cross Credit Fund HB SEK

Fund

ISIN LU0733674849 / Valor 18070506

NAV (2024-12-20)
SEK 1,265.47+0.02%

Nordea 1 - European Cross Credit Fund HB SEK
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General Objective

The fund aims to invest in European corporate bonds (excluding financials) with long-term ratings between BBB+ and B- to exploit credit spreads and valuation variations for the best risk-adjusted returns.

Fund Exposure

The fund follows a bottom-up approach to build a high conviction portfolio based on solid credit fundamentals. It invests in high yield and investment grade bonds in European corporate sectors, excluding financials, to take advantage of structural inefficiencies created by rating agencies.

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. Past performance is not a reliable indicator of future results, and there are risks associated with investing in European corporate bonds, including credit risk and market volatility.

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Source

https://www.nordea.de/de/professional/fund/european-cross-credit-fund/

Tags:
corporate bonds high yield bloomberg euro high yield index

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OTHER SHARE CLASSES OF THIS FUND

Nordea 1 - European Cross Credit Fund E EUR
Nordea 1 - European Cross Credit Fund E EUR Nordea 1 - European Cross Credit Fund E EUR Valor: 18068342
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Annual Return

-50%0%+50%

Risk level

110
-0.00%EUR 127.53
Nordea 1 - European Cross Credit Fund HB NOK
Nordea 1 - European Cross Credit Fund HB NOK Nordea 1 - European Cross Credit Fund HB NOK Valor: 18070488
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
0.01%NOK 1,218.65
Nordea 1 - European Cross Credit Fund BI EUR
Nordea 1 - European Cross Credit Fund BI EUR Nordea 1 - European Cross Credit Fund BI EUR Valor: 18068461
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
0.00%EUR 152.05
Nordea 1 - European Cross Credit Fund AC EUR
Nordea 1 - European Cross Credit Fund AC EUR Nordea 1 - European Cross Credit Fund AC EUR Valor: 19897492
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
0.00%EUR 97.95
Nordea 1 - European Cross Credit Fund AP EUR
Nordea 1 - European Cross Credit Fund AP EUR Nordea 1 - European Cross Credit Fund AP EUR Valor: 20224444
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
0.00%EUR 91.57
Nordea 1 - European Cross Credit Fund HBI NOK
Nordea 1 - European Cross Credit Fund HBI NOK Nordea 1 - European Cross Credit Fund HBI NOK Valor: 18792157
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
0.01%NOK 1,341.47
Nordea 1 - European Cross Credit Fund BC EUR
Nordea 1 - European Cross Credit Fund BC EUR Nordea 1 - European Cross Credit Fund BC EUR Valor: 19897491
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
0.00%EUR 148.96
Nordea 1 - European Cross Credit Fund MP EUR
Nordea 1 - European Cross Credit Fund MP EUR Nordea 1 - European Cross Credit Fund MP EUR
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
0.00%EUR 131.07
Nordea 1 - European Cross Credit Fund AI EUR
Nordea 1 - European Cross Credit Fund AI EUR Nordea 1 - European Cross Credit Fund AI EUR Valor: 20680908
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
0.00%EUR 95.85
Nordea 1 - European Cross Credit Fund BF EUR
Nordea 1 - European Cross Credit Fund BF EUR Nordea 1 - European Cross Credit Fund BF EUR
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
0.00%EUR 144.19