Nordea 1 - Low Duration US High Yield Bond Fund - BI - USD/  LU0602536509  /

The fund's objective is to provide shareholders with investment growth in the medium to long term. In actively managing the fund's portfolio, the management team selects securities that appear to offer superior investment opportunities. The fund mainly invests in US high yield corporate bonds. Specifically, the fund invests at least two thirds of total assets in high yield debt securities that are denominated in USD or are issued by companies that are domiciled, or conduct the majority of their business, in the United States of America. The fund's modified duration is between 0 and 2 and the average effective weighted maturity of the investments is between 0 and 7 years. The maturity measurement allows for the likelihood of bonds being called or prepaid. The fund's major part of currency exposure is hedged to the base currency, although it may also be exposed (through investments or cash) to other currencies.

The fund's objective is to provide shareholders with investment growth in the medium to long term. In actively managing the fund's portfolio, the management team selects securities that appear to offer superior investment opportunities.