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Nordea 1 - Emerging Market Local Debt E EUR

Ranked 8 out of 34 in - Emerging Markets Global Local Currency over 3 months
All calculations are in EUR unless stated

Managed by

Lamine Bougueroua

Lamine Bougueroua is a portfolio manager in the Emerging Markets Debt team at First State Investments (FSI). He also has research responsibilities in Eastern Europe, Africa, and CIS. Prior to joining FSI, Bougueroua was a global emerging markets strategist for Stone Milliner Asset Management. Previously he was an emerging markets strategist covering EMEA Bonds and FX at both Deutsche Bank and UBS Investment Bank over a six year period. He holds a Master's in physics from the University of Bristol, and has been an associate researcher with the National Physical Laboratory and the University of Oxford Atomic and Laser Physics Group. He is a native speaker of both Arabic and French.

Jacob E. Jensen

Thede Ruest

Thede Ruest obtained an MSc in Business & Development Studies from Copenhagen Business School, Denmark and specialised in Economics during his MBA at the Schulich School of Business in Toronto, Canada. He earned a BBA from the International Business School in Groningen, The Netherlands and from the University of Macau, China. Based in Copenhagen, Thede joined Nordea Investment Management as lead portfolio manager for global bonds in November 2014. Prior to this he held a similar role at ING Investment Management from 2007.

Thorben Velling

Objective

This Sub-fund shall invest a minimum of two-thirds of its total assets (after deduction of cash) in fixed-income and floating rate debt securities issued in local currencies by sovereigns, supranational institutions, quasi sovereigns and private borrowers, which are domiciled or exercise the predominant part of their economic activity in an Emerging Market.

Showing fund performance in Portugal View performance globally

Performance

Emerging Markets Global Local Currency over : 30/06/2018 - 30/09/2018
  • Rank 8/34 Total Return
  • Rank 14/34 Standard Deviation
  • Rank 13/34 Max Drawdown
Fund Name Currency Return
6 PARVEST Bond Best Select Wld Emerging I RHE EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.2%

7 NN (L) EM Debt (LC) P C EUR Hdgiv

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.6%

8 Nordea 1 - Emerging Market Local Debt E EUR EUR

-1.7%

9 Fidelity Funds - EM Local Curr Debt A-MDIST-EUR EUR

-1.8%

10 Capital Group EM Local Curr Debt (LUX) B EUR EUR

-1.9%

Fund Name Currency Risk
12 PARVEST Bond Best Select Wld Emerging I RHE EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

15.5

13 Vontobel Fund Sust Em Markets LC Bond H EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

15.6

14 Nordea 1 - Emerging Market Local Debt E EUR EUR

15.8

15 Candriam Bonds Emerging Debt Local Cur N EUR C EUR

16.1

16 Man GLG Gl Em Mkts Local Curr Rates I C EUR EUR

16.7

Fund Name Currency Loss
11 PARVEST Bond Best Select Wld Emerging I RHE EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-5.5%

12 Pictet-Short-Term Emerging Local Curr Debt-HI EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-5.7%

13 Nordea 1 - Emerging Market Local Debt E EUR EUR

-5.8%

14 Vontobel Fund Sust Em Markets LC Bond H EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-6.0%

15 Candriam Bonds Emerging Debt Local Cur N EUR C EUR

-6.1%

Total Return

Quarterly Performance

to 30/09/2018 Annual Q1 Q2 Q3 Q4
2018 1.6% -5.9% -1.7%
2017 -0.5% 5.3% -4.0% -0.2% -1.3%
2016 10.5% 4.9% 3.9% 2.4% -0.9%
2015 -6.8% 7.3% -5.2% -11.0% 3.0%
2014 6.1% 1.3% 4.8% 2.1% -2.2%
2013 -14.4% 2.3% -9.2% -3.8% -4.2%
2012 -0.1%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. France
  3. Italy
  4. Luxembourg
  5. Portugal
  6. Spain
  7. Switzerland

Fund Info

  • Launch date03/09/2012
  • Share Class size00Mn
  • Base currencyEUR
  • ISIN LU0772933296

Purchase Info

  • Min. initial investment0
  • Min. regular additional investment0

Charges

  • Annual management1.00%

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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).