Nordea 1 - European Short-Term Corporate Bond Fund - BP - EUR

The fund's objective is to provide investors with investment growth in the long term. The fund mainly invest in European short duration investment grade corporate bonds. Specifically, the fund invest mainly in bonds, debt securities, money market instrument and other interest-bearing instruments that are issued or guaranteed by governments, public entities, supranational institutions as well as companies globally. The fund will invest in securities with a residual maturity of 2 years or more. The fund's weighted average life is expected to be above 1 year. The securities are mainly denominated in EUR. The fund does not qualify as a money market fund within the meaning of the Regulation (EU) 2017/1131 of the European Parliament and of the Council of 14 June 2017 on money market funds. 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.