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Nordea Kehittyvat Korkomarkkinat Kasvu

Ranked 184 out of 247 in - Emerging Markets Global Hard Currency over 12 months
All calculations are in EUR 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, mainly in bonds issued or guaranteed by emerging market governments. The fund also invests in bonds issued both by state-owned companies and by other companies, domiciled in the emerging markets, or by companies with marketing activities primarily focused on emerging countries. The investments are primarily made in US dollars. The currency risk of dollar-denominated investments is hedged, whereas the investments made in the local currencies are hedged at the portfolio manager's discretion.

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

Performance

Emerging Markets Global Hard Currency over : 31/03/2017 - 31/03/2018
  • Rank 184/247 Total Return
  • Rank 135/247 Standard Deviation
  • Rank 160/247 Max Drawdown
Fund Name Currency Return
182 Sabadell Bonos Emergentes Base, FI USD

2.6%

183 Eurizon Fund Bond Emerging Markets R USD

2.6%

184 Nordea Kehittyvat Korkomarkkinat Kasvu

Currency exposure is hedged

Currency exposure is hedged

EUR

2.6%

185 KBC Bonds Emerging Markets Cap USD

2.5%

186 Neuberger Berman Short Dur EM Debt USD I Acc USD

2.5%

Fund Name Currency Loss
160 Nordea Kehittyvat Korkomarkkinat Kasvu

Currency exposure is hedged

Currency exposure is hedged

EUR

-2.6%

161 GAM Multibond - Emerg Mkts Investment Gr Bd-USD B USD

-2.6%

162 Old Mutual Emerging Market Debt A USD USD

-2.6%

Total Return

Quarterly Performance

to 31/03/2018 Annual Q1 Q2 Q3 Q4
2018 -2.5%
2017 9.6% 4.1% 1.6% 2.6% 0.9%
2016 9.6% 3.9% 5.6% 4.6% -4.5%
2015 1.2% 3.0% -0.5% -2.7% 1.5%
2014 5.7% 3.4% 5.5% -1.0% -2.1%
2013 -6.0% -2.3% -6.8% 2.1% 1.0%
2012 18.6% 4.6% 1.9% 7.7% 3.4%
2011 6.6% 0.9% 3.6% -2.8% 4.9%
2010 11.5% 4.9% 0.1% 8.0% -1.6%
2009 31.1% 3.6% 11.0% 12.1% 1.8%
2008 -14.8% 0.6% -0.9% -2.9% -11.9%
2007 2.3% 1.5% -2.4% 1.2% 2.1%
2006 5.1% 1.5% -5.0% 5.8% 3.0%
2005 7.7% -2.2% 5.7% 2.9% 1.2%
2004 4.0%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Finland
  2. Sweden

Fund Info

  • Launch date15/09/2004
  • Share Class size441Mn
  • Base currencyEUR
  • ISIN FI0008807532
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment10
  • Min. regular additional investment40

Charges

  • Annual management1.00%

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