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Nordea Invest Engros Emerging Market Bonds

Ranked 107 out of 246 in - Emerging Markets Global Hard Currency over 12 months
All calculations are in DKK unless stated

Managed by

David Bessey

David Bessey is managing director and head of Prudential Fixed Income’s Emerging Markets team, investing in emerging market debt denominated in both $US and local currencies. Alongside co-manager Cathy Hepworth, he successfully manages the WIP Emerging Markets Fixed Income Fund. Bessey also specializes in the utility and sovereign sectors for the high yield team. From 1994 to 1999, Bessey was a senior portfolio manager for emerging markets portfolios and $US investment grade assets. Previously, he developed asset allocation strategies for insurance portfolios and managed Prudential Financial’s long-term funding book. Prior to joining Prudential Financial in 1989, Bessey was a project manager on various engineering projects in the United States, Asia, and Latin America. Bessey received a B.S. in geological engineering from Cornell University and an MBA in finance from the Sloan School at the Massachusetts Institute of Technology.

Cathy Hepworth

Cathy Hepworth attended Georgetown University in 1984 and New York University in 1993 where she obtained a BSc in Foreign Science and an MBA in Finance respectively. She began her career as an analyst at Golembe Associates in 1984, and later joined Merrill Lynch in 1986 and Bankers Trust in 1986 working as an associate. She joined Oppenheim Pramerica in 1989 and currently co-manages (with David Bessey) the Wip Emerging Markets Fixed Income Fund. Outside of fund management, Cathy enjoys running.

Objective

The fund invests globally in listed government bonds, government-guaranteed bonds or bonds with similar security from emerging countries. The fund may invest in corporate bonds from above countries. The fund may invest up to 10% in bonds denominated in currencies other than USD, EUR, GBP, JPY and CHF and may invest up to 15% in corporate bonds. The average rating of the fund may not be below three levels than the average rating for benchmark. The fund may use derivatives. The fund generally hedges its currency risk to euro and/ or Danish kroner.

Showing fund performance globally. You can view performance in individual jurisdictions.

Performance

Emerging Markets Global Hard Currency over : 31/12/2016 - 31/12/2017
  • Rank 107/246 Total Return
  • Rank 138/246 Standard Deviation
  • Rank 133/246 Max Drawdown
Fund Name Currency Return
105 PIMCO GIS Socially Responsible EM Bond I USD Acc USD

10.9%

106 Ashmore Emerging Markets Liquid Investment Ptf USD

10.8%

107 Nordea Invest Engros Emerging Market Bonds

Currency exposure is hedged

Currency exposure is hedged

DKK

10.7%

108 Lazard Emerging Markets Bond A Acc USD USD

10.7%

109 Nordfondo Obbligazioni Paesi Emergenti A USD

10.7%

Fund Name Currency Loss
132 White Fleet Guotai Junan Sunrise EM FxInc TR B1 USD

-0.6%

133 Nordea Invest Engros Emerging Market Bonds

Currency exposure is hedged

Currency exposure is hedged

DKK

-0.6%

133 Avalorn Clarion Global Emg Markets Bond Fund A USD USD

-0.6%

135 TCW Emerging Markets Income Fund AE USD

-0.6%

135 First State Emerging Markets Bond A Acc Hedged

Currency exposure is hedged

Currency exposure is hedged

GBP

-0.6%

135 Emerging Markets Bonds (A) USD

-0.6%

135 Jyske Invest Emerging Market Bonds CL USD

-0.6%

Total Return

Quarterly Performance

to 31/12/2017 Annual Q1 Q2 Q3 Q4
2017 10.7% 4.4% 1.9% 3.0% 1.2%
2016 10.2% 4.1% 5.5% 4.9% -4.3%
2015 0.2% 2.4% -0.4% -3.3% 1.6%
2014 6.1% 3.6% 5.6% -1.0% -2.0%
2013 -5.7% -2.1% -6.3% 1.4% 1.3%
2012 18.0% 4.5% 2.2% 7.2% 3.1%
2011 7.4% 1.0% 3.9% -3.0% 5.4%
2010 12.8% 5.9% 0.3% 8.1% -1.8%
2009 31.8% 3.7% 10.9% 11.8% 2.5%
2008 -2.8% -11.0%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Denmark

Fund Info

  • Launch date02/03/2001
  • Share Class size1,209Mn
  • Base currencyDKK
  • ISIN DK0060476885
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment100
  • Min. regular additional investment0

Charges

  • Annual management0.54%
  • Initial investment0.539

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