Overview

Investment Objective

Higher Yields fund is an open-end investment fund (UCITS compliant) domiciled in Finland. The fund’s objective is to maximize the risk adjusted return by investing in subordinated debt instruments issued by corporates and financial institutions.

Trailing Returns

Year to Date
5.00%
3 Years Annualised
3.68%
5 Years Annualised
4.14%
10 Years Annualised
-

Fund Benchmark

iBoxx EUR Liquid High Yield TR (100%)
ISIN FI4000104773
Inception Date 9/8/14
Net Asset Value (NAV) 133.09 EUR (9/16/21)
Total Net Assets (mil) 70.74 EUR (9/16/21)
Risk Level 3/7

1 = Lower risk, lower expected return
7 = Higher risk, higher expected return
Morningstar
Management Fee 0.80%

Fees and Expenses

Growth of 100 (EUR)

9/16/21

Performance

Trailing Returns

Year to Date
5.00%
3 Years Annualised
3.68%
5 Years Annualised
4.14%
10 Years Annualised
-

Risk Level 3/7

1 = Lower risk, lower expected return
7 = Higher risk, higher expected return

Return/Risk Analysis

Morningstar
Risk Measurement 1 Year 3 Years 5 Years
Standard Deviation 1.51 4.20 3.42
Sharpe Ratio 6.28 0.89 1.23

Portfolio

Asset Allocation %

Net
Stocks 0.00
Bonds 95.95
Money Market 4.05
Other 0.00

Country Distribution %

8/31/21

Fund
Sweden 30.36
Finland 25.02
Norway 15.33
Denmark 13.48
Luxembourg 5.48
Netherlands 4.31
Lithuania 1.39
Germany 1.34
France 1.19
Portugal 0.74
Spain 0.59
Estonia 0.46
Belgium 0.30

Top 10 Holdings

20.86% of total assets in the fund

  1. NDASS 3,5 % 12.3.2025/49 AT1
    Sweden
    2.68%
  2. DANSKE 5,875 6.4.2022/49
    Denmark
    2.19%
  3. NETSDC 2,875 % 6.4.2024
    Norway
    2.16%
  4. iLOQ FRN 12.6.2025
    Finland
    2.12%
  5. Storebrand 1,875 % 24.3.2031/51 Green
    Norway
    2.09%
  6. CITYCON 4.496% PERP Green
    Finland
    2.07%
  7. Vattenfall 3 % 19.3.2077
    Sweden
    1.99%
  8. YIT 5,75 % Perp 31.3.2026/49 Green
    Finland
    1.89%
  9. Polygon 4,00% 23.2.2023
    Sweden
    1.85%
  10. Sampo 2,5% 3.6.2032/52
    Finland
    1.83%

Fees and Expenses

Management Fee 0.80%
Performance Fee 10.00%

10 % of the yield exceeding the comparison index, calculated daily over 12 months.
Initial Charge 1.00%
Redemption Charge 1.00%

Purchase Details

Initial Investment 100.00
Additional Investment 100.00

Filings

020821 Säännöt Nordic High Yield
Avaintietoesite Sijoitusrahasto Aktia Nordic High Yield kasvu
Rahastoesite