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.