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Nordea Invest HojrenteLande

Ranked 4 out of 13 in - Emerging Markets Global Hard Currency over 36 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 primarily in listed bonds from emerging markets. The fund may invest in corporate bonds from the above countries. Up to 10% of the fund's assets may be invested in other funds. The fund may invest max 10% in bonds denominated in currencies other than USD, EUR, GBP, JPY and CHF and may invest max 15% in corporate bonds. Companies that are wholly or partly state-owned are excluded from this restriction. The average rating must not be lower than three levels than the average rating for benchmark.

Showing fund performance in Denmark View performance globally

Performance

Emerging Markets Global Hard Currency over : 31/10/2014 - 31/10/2017
  • Rank 4/13 Total Return
  • Rank 7/13 Standard Deviation
  • Rank 6/13 Max Drawdown
Fund Name Currency Return
2 Danske Invest Nye Markeder Obligationer KL

Currency exposure is hedged

Currency exposure is hedged

DKK

17.5%

3 Nordea Invest Engros Emerging Market Bonds

Currency exposure is hedged

Currency exposure is hedged

DKK

17.3%

4 Nordea Invest HojrenteLande DKK

15.9%

5 Jyske Invest Nye Obligationsmarkeder

Currency exposure is hedged

Currency exposure is hedged

DKK

12.0%

6 BankInvest Emerging Markets Obligationer A DKK

11.6%

Fund Name Currency Risk
5 Jyske Invest Nye Obligationsmarkeder

Currency exposure is hedged

Currency exposure is hedged

DKK

5.8

6 Danske Invest Nye Markeder Obligationer KL

Currency exposure is hedged

Currency exposure is hedged

DKK

5.9

7 Nordea Invest HojrenteLande DKK

6.3

8 Nordea Invest Engros Emerging Market Bonds

Currency exposure is hedged

Currency exposure is hedged

DKK

6.3

8 Sydinvest Hojrentelande A DKK Akkumulerende KL

Currency exposure is hedged

Currency exposure is hedged

DKK

6.3

Fund Name Currency Loss
4 Nordea Invest Engros Emerging Market Bonds

Currency exposure is hedged

Currency exposure is hedged

DKK

-6.1%

4 Jyske Invest Nye Obligationsmarkeder

Currency exposure is hedged

Currency exposure is hedged

DKK

-6.1%

6 Nordea Invest HojrenteLande DKK

-6.2%

7 IR Hojrente A/S DKK

-7.3%

8 Sydinvest Hojrentelande A DKK Akkumulerende KL

Currency exposure is hedged

Currency exposure is hedged

DKK

-7.6%

Total Return

Quarterly Performance

to 29/09/2017 Annual Q1 Q2 Q3 Q4
2017 4.2% 1.7% 2.6%
2016 9.7% 4.2% 5.4% 4.6% -4.6%
2015 0.1% 2.3% -0.4% -3.2% 1.5%
2014 5.7% 3.4% 5.5% -1.0% -2.1%
2013 -6.9% -2.2% -7.0% 1.3% 1.1%
2012 16.6% 4.0% 2.1% 6.7% 2.9%
2011 6.8% 0.8% 3.5% -2.9% 5.4%
2010 11.7% 5.1% 0.3% 7.9% -1.7%
2009 31.0% 3.4% 10.6% 11.6% 2.7%
2008 -14.5% 0.3% -1.5% -3.0% -10.9%
2007 2.8% 1.5% -2.7% 1.5% 2.4%
2006 6.0% 2.9%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Denmark

Fund Info

  • Launch date07/11/2003
  • Share Class size4,434Mn
  • Base currencyDKK
  • ISIN DK0016254899

Purchase Info

  • Min. initial investment100
  • Min. regular additional investment0

Charges

  • Annual management1.14%

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