nordic covered bonds multi currency

Alfred Berg Nordic Investment Grade – Nordic Credit Investment Grade

 

HIGHLIGHTS

Nordic – Low Risk – Diversification – Short Duration – NOK Exposure**

STRATEGY

Alfred Berg Nordic Investment Grade is an actively managed fixed income fund that primarily invests in Nordic Investment Grade bonds and money-market instruments. The instruments will primarily be issued by governments, municipalities, corporates and financial institutions in the Nordics. At least 75% of the fund net asset value will be invested in instruments with official ratings from Moodys, Standard & Poors or Fitch. The fund can invest up to 10% of its net assets in instruments rated below investment grade, but not lower than BB/Bb2. The fund composition will reflect the Portfolio Manager view on single issuers, relative value among issuers, sectors and markets, as well as potential changes in market structure and framework. The interest rate risk, measured by modified duration, will remain below 1 at all times. The fund can invest in NOK, SEK, DKK, EUR and USD and all investments in instruments other than NOK will be hedged to NOK. The fund is well diversified and has a moderate credit risk but will nonetheless be affected by changes in credit spreads for specific issuers and/or sectors. The fund is a UCITS fund, with the possibility to invest in derivatives.

KEY DATA

ISIN:
NO0010752538

Inception date:
08/12/2015

Assets under management:
~1 400m€ per 29/6/2018

Portfolio Manager:
Morten Steinsland, since 08/12/2015

Risk profile:
2 of 7, where 1 is lower expected risk and expected return and 7 is higher expected risk and higher expected returns

Minimum investment:
300 NOK

Management fee:
0,40%

Entry/Exit fee:
No entry or exit fee, but a anti dilution levy may be charged

** Foreign exchange risk (up to 100% of the fund’s net asset)

This is marketing material by Alfred Berg Kapitalforvaltning AB / Alfred Berg Kapitalforvaltning AS. Past performance is no guarantee of future results. Performances are calculated net of fees. Investments in the aforementioned fund are subject to market fluctuation and risks inherent in investing in securities. The value of investments and the revenue they generate can increase or decrease and it is possible that investors will not recover their initial investment. Source: Alfred Berg Kapitalforvaltning AB / Alfred Berg Kapitalforvaltning AS / BNP Paribas Asset Management.

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I can help you with this fund!

Jenny ANDERSSON

Investment Specialist

jenny.andersson@alfredberg.com

I can help you with this fund!

Dag MESSELT

Nordic Head of Investment Specialists and International Business Development

dag.messelt@alfredberg.com

Investments in funds are always related to risk. Past performance is no guarantee of future results. Performances are calculated net of fees. Investments in funds are subject to market fluctuation and risks inherent in investing in securities. The value of investments and the revenue they generate can increase or decrease and it is possible that investors will not recover their initial investment.