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Nordea Kehittyvat Korkomarkkinat Kasvu

Ranked 84 out of 237 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 : 31/05/2016 - 31/05/2017
  • Rank 84/237 Total Return
  • Rank 156/237 Standard Deviation
  • Rank 157/237 Max Drawdown
Fund Name Currency Return
82 Danske Invest EM Debt Hard Currency AC USD

10.2%

83 Groupama Horizon Dette Emergente USD

10.2%

84 Danske Invest Nye Markeder Obligationer KL

Currency exposure is hedged

Currency exposure is hedged

DKK

10.1%

84 Nordea Kehittyvat Korkomarkkinat Kasvu

Currency exposure is hedged

Currency exposure is hedged

EUR

10.1%

86 Neuberger Berman EM Debt Blend USD I Acc USD

10.0%

Fund Name Currency Risk
156 NEW CAPITAL FUND LUX-Emerging Mkts Bonds A USD USD

7.4

156 Nordea Kehittyvat Korkomarkkinat Kasvu

Currency exposure is hedged

Currency exposure is hedged

EUR

7.4

158 Threadneedle Emerging Market Bd Ret Net Inc GBX USD

7.4

Fund Name Currency Loss
155 Deka-EM Bond CF

Currency exposure is hedged

Currency exposure is hedged

EUR

-5.9%

156 KBC Bonds Emerging Markets Cap

Currency exposure is hedged

Currency exposure is hedged

USD

-5.9%

157 HI-EM Credits Short Term-Fonds USD

-6.0%

157 Nordea Kehittyvat Korkomarkkinat Kasvu

Currency exposure is hedged

Currency exposure is hedged

EUR

-6.0%

159 AXA WF Global Emerging Markets Bonds F C (EUR) H

Currency exposure is hedged

Currency exposure is hedged

EUR

-6.0%

Total Return

Quarterly Performance

to 31/03/2017 Annual Q1 Q2 Q3 Q4
2017 4.1%
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 size368Mn
  • 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).