Pareto Nordic Cross Credit
Nordic fixed income fund investing in corporate bonds with a low geopolitical risk and an ESG profile.
Actively managed Nordic fixed income fund
Nordic fixed income fund investing in corporate bonds in a wide range of sectors. The fund seeks to maximize relative value and return and manage liquidity risk in a prudent manner.
The fund offers attractive diversification features, with relatively high cash yield and short duration. Bonds in the fund are mostly floating-rate notes (FRNs), reducing interest rate sensitivity to a minimum.
Investment decisions based on fundamental in-house credit research
The fund invests in fixed income and fixed income related securities issued by financial institutions, corporations, agencies, governments and municipalities while incorporating ESG criteria into the Fund’s analysis and selection criteria. The Nordic banking sector offers solid risk-adjusted balance sheets with robust earnings and is subject to strict Nordic rules closely monitored by local Financial Supervisory Authorities.
The debt securities may be rated or unrated and have credit risk corresponding to Investment Grade or High Yield.
The average interest rate duration of the portfolio shall be between 0 and 4 years.
