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Nordea 1 - Flexible Fixed Income E EUR

Ranked 28 out of 30 in - Global Flexible over 12 months
All calculations are in EUR unless stated

Managed by

Karsten Bierre

Head of Macro & Strategy, head of fixed income asset allocation and senior portfolio manager at Nordea Investment Management since 2003, Karsten Bierre manages the Nordea 1 Flexible Fixed Income and the Nordea Invest Verdens Obligationsmarkeder funds dealing in global bonds, using a long only total return global fixed income strategy. Before joining Nordea, Karsten was a senior analyst, strategist at Nordea Markets and prior to this a senior economist at Danske Bank. He is a member of the Danish Finance Society and the Danish Economic Society and graduated from the University of Copenhagen with a degree in Economics. Karsten is a keen swimmer outside of work.

Objective

The Sub-fund will implement its investment strategy by taking positions in a broad range of fixed income asset classes, sub asset classes and currencies globally by investing directly into securities or indirectly via the use of Derivatives and to a limited extend into funds. Asset classes and sub-classes refer to a group of assets of common sectors, geographic areas, ratings, security type, or any other criteria relevant for the construction of each investment strategy.

Showing fund performance in Portugal View performance globally

Performance

Global Flexible over : 30/09/2016 - 30/09/2017
  • Rank 28/30 Total Return
  • Rank 17/30 Standard Deviation
  • Rank 21/30 Max Drawdown
Fund Name Currency Return
26 T Rowe Dynamic Global Bond Ih EUR Cap

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.9%

27 Amundi Fds Bond Global Total Return - SE (C) EUR

-2.1%

28 Nordea 1 - Flexible Fixed Income E EUR EUR

-2.3%

29 UBS (Lux) Bond S - Cur Diversifier (USD)(EUR) P-a EUR

-3.1%

30 Threadneedle (Lux)-Global Strategic Bond AEH

Currency exposure is hedged

Currency exposure is hedged

EUR

-4.5%

Fund Name Currency Risk
15 Franklin Strategic Income A (acc) EUR-H1

Currency exposure is hedged

Currency exposure is hedged

EUR

2.4

16 M&G Global Macro Bond EUR C-H Inc

Currency exposure is hedged

Currency exposure is hedged

EUR

2.5

17 Nordea 1 - Flexible Fixed Income E EUR EUR

2.7

18 Fidelity Funds - Flex Bond A-ACC-EUR (EUR/GBP) H

Currency exposure is hedged

Currency exposure is hedged

EUR

2.8

19 Fidelity Funds - Global Income A-ACC-EUR H

Currency exposure is hedged

Currency exposure is hedged

EUR

2.9

Fund Name Currency Loss
19 T Rowe Dynamic Global Bond Ih EUR Cap

Currency exposure is hedged

Currency exposure is hedged

EUR

-2.6%

20 Fidelity Funds - Flex Bond A-ACC-EUR (EUR/GBP) H

Currency exposure is hedged

Currency exposure is hedged

EUR

-2.9%

21 Nordea 1 - Flexible Fixed Income E EUR EUR

-2.9%

22 PIMCO GIS Diversified Income E EUR Hdg Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

-3.0%

23 Man GLG Flexible Bond D EUR Acc EUR

-3.2%

Total Return

Quarterly Performance

to 29/09/2017 Annual Q1 Q2 Q3 Q4
2017 0.6% 0.0% -0.4%
2016 0.2% 2.1% 0.4% 0.3% -2.5%
2015 0.6% 2.0% -1.3% -0.5% 0.4%
2014 4.8% 2.1% 2.2% -0.1% 0.5%
2013 0.7% 0.2%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Italy
  2. Luxembourg
  3. Portugal
  4. Spain
  5. Switzerland

Fund Info

  • Launch date02/05/2013
  • Share Class size58Mn
  • Base currencyEUR
  • ISIN LU0915362262

Purchase Info

  • Min. initial investment0
  • Min. regular additional investment0

Charges

  • Annual management0.80%

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).