Nordea 1 - US Corporate Bond HY SEK
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General Objective
The fund aims to achieve consistent, superior rates of return with low volatility by primarily investing in debt securities rated BBB- or better by S&P or Baa3 or better by Moody's at purchase. The fund manager utilizes a top-down and bottom-up analysis to maximize total return while protecting the downside through risk diversification and monitoring.
Fund Exposure
The fund is exposed to the US corporate bond market, with holdings in sectors such as financials, utilities, consumer non-cyclical, and consumer cyclical. The fund's asset allocation is focused on debt securities with ratings of BBB or better, with a geographical focus on the United States and some exposure to other countries like Switzerland, Italy, and the United Kingdom.
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 fund's risk characteristics may bear some resemblance to those of the benchmark, and there is a possibility of incurring other fees and expenses beyond the stated management fee and ongoing charges.