Nordea Flexible Fixed Income
  • Fund Manager  
    Karsten Bierre
  • Currency  
    EUR
  • Sector  
    Fixed Income
  • Fund Type  
    Open Ended
  • Fund Size  
    1.32 Bio
  • Launch Date  
    02/05/2013
  • Lipper Total Return  

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.

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.

Performance

1 Year 3 Year 5 Year
Nordea 1 ‐ Flexible Fixed Income BI EUR 8.19% - -
Figures correct as at 30 Apr 2017
Collected - HLDG Top Holdings as at 28/02/2017
HLDG Top Holdings % of fund
CANADA 2.750% 01-JUN-2022
14.24%
AUSTRALIA, COMMONWEALTH OF (GOVERNMENT) 5.500% 21-
8.95%
UNITED KINGDOM 1.750% 07-SEP-2022
7.32%
US TREASURY 1.750% 30-APR-2022
5.57%
UNITED KINGDOM 3.750% 07-SEP-2021
3.98%
ISHARES EMER MRKTS LOCAL GOVT BD UCITS ETF
3.56%
CANADA 1.500% 01-JUN-2026
3.01%
ISHARES J.P. MORGAN $ EMER MKTS BD UCITS ETF
2.46%
SWEDEN 3.500% 01-JUN-2022
2.36%
US TREASURY 2.000% 15-AUG-2025
2.24%

Fees

Charge Amount Rating
Total Expense Ratio0.53
Data provided by Lipper. Care has been taken to ensure that the information is correct, but PIP Financial neither warrants, represents nor guarantees the contents of information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Past performance does not predict future performance, it should not be the main or sole reason for making an investment decision. The value of investments and any income from them can fall as well as rise.