Past performance is no guarantee of future returns. Fund units may go up or down in value and investors may not get back the amount invested.

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Espiria Nordic Corporate Bond

NAV

111.62 SEK

1 day

-0.05%

YTD

+3.70%

NAV date

2024-05-28

Sustainability

SFDR Article 8

NAV

101.59 SEK

1 day

-0.06%

YTD

NAV date

2024-05-28

Sustainability

SFDR Article 8

NAV

111.67 SEK

1 day

-0.05%

YTD

+3.71%

NAV date

2024-05-28

Sustainability

SFDR Article 8

A well-balanced portfolio and risk-adjusted returns

A fixed-income fund that gives investors unique access to the Nordic corporate bond market. Espiria Nordic Corporate Bond focuses on sustainability and quality to generate an attractive risk-adjusted return. The recommended invest horizon is +2 years.

Why invest in Nordic corporate bonds?

The Nordic region offers a stable macroeconomic environment, characterised by AAA-rated economies and a strong AA-rated banking system. This means that Nordic covered bonds offer investors a level of security that is difficult to find in other markets. In addition, a large proportion of interest rates are floating, which means there is less volatility in the market. This, combined with higher spreads compared to credits in Europe and the US, makes Nordic bonds an interesting investment opportunity for those seeking low-to-medium-risk investments with attractive return potential.

Fund benefits

  • Invests in Nordic bonds, where spreads and return potential have historically been favourable relative to broader Europe.
  • The Nordics offer a stable macro environment (AAA-rated national economies)
  • Investments based on robust internal credit assessment for non-rated bonds

The portfolio consists of corporate bonds with a broad sector diversification

The first part of the fund consists of higher-yielding bonds with lower liquidity and limited interest rate risk. The second part consists of higher liquidity bonds in an asset class with moderate interest rate risk and value creation. Approximately 5-10% of the fund is invested in money market instruments.

Over time, the portfolio is expected to consist of:

  • 50-70 companies
  • Predominantly in Sweden
  • Broad sector diversification
  • Limited exposure to consumer sectors and real estate companies
Investment philosophy and active management
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Advantages of Espiria Nordic Corporate Bond

Fund managers Stefan Pari and Huizi Zeng and Client Relationship Manager Massimo Grassotti discuss the benefits of investing in a fund focused on the Nordic bond market.

Returns

Largest holdings

Fund information

Fund

Espiria Nordic Corporate Bond A SEK

Share class

A SEK

ISIN

LU2544647246

Inception date

2022-12-09

Domicile

Luxembourg

Morningstar Rating™ (3 years)

n/a

Yearly fee

1.25%

- of which management fee

0.70%

Fund

Espiria Nordic Corporate Bond B SEK

Share class

B SEK

ISIN

LU2761183669

Inception date

2024-03-28

Domicile

Luxembourg

Morningstar Rating™ (3 years)

n/a

Yearly fee

- of which management fee

0.70%

Fund

Espiria Nordic Corporate Bond C SEK

Share class

C SEK

ISIN

LU2544647675

Inception date

2022-12-09

Domicile

Luxembourg

Morningstar Rating™ (3 years)

n/a

Yearly fee

1.33%

- of which management fee

0.70%

Risk indicator

The risk indicator assumes that you keep the product for 2 years. The actual risk can vary significantly if you redeem your investment early and may mean you get less back.

Lower risk

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Higher possible return

Lower risk

Higher risk

Lower possible return

Higher possible return

Lower risk

Higher risk

Lower possible return

Higher possible return

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Sustainability

Espiria works actively to encourage industries to become more sustainable, through our investments and engagement. Our investment philosophy is about finding companies with high quality and sustainability standards, through fundamental research and proprietary ESG analysis tools.