Nordea 1 Multi Credit Fund of Funds BP SEK

Investment Objective The fund's objective is to provide shareholders with investment growth in the medium to long term.Investment Strategy The fund follows an active allocation approach within a fund-of-funds structure, investing in a selection of European fixed income strategies. Allocation is reviewed regularly to adapt to market conditions, aiming to balance credit and interest rate exposure for stable, risk-adjusted returns. Investment Policy The fund mainly invests in Funds investing on the European market. Specifically, the fund is a fund of funds that primarily invests, directly or indirectly, in a selection of UCITS and UCIs with exposure to European fixed income markets. These underlying funds invest in a broad range of instruments including, but not limited to, government bonds, covered bonds, inflation-linked bonds, convertible bonds, and other debt securities issued or guaranteed by European sovereigns, sub-sovereigns, supranationals, or government-related entities. The portfolio may also include exposure to corporate credit, credit default swaps, and money market instruments. Investments are predominantly denominated in European currencies. Underlying funds may invest in securities outside of Europe, depending on market opportunities and portfolio strategies. The fund may be exposed (through investments or cash) to other currencies than the base currency.Derivatives: The fund may use derivatives for hedging (reducing risks), efficient portfolio management and to seek investment gains. The fund may invest in underlying funds that extensively use financial derivatives to implement the investment policy and achieve its target risk profile. Usage of Total Return Swaps The expected usage in underlying funds is 0-10%; maximum 20% More information on leverage and usage of TRS is available in the fund's prospectus and accessible via www.nordea.lu. (Legal section).Techniques and Instruments Usage : None expected Benchmark Bloomberg Euro Government TR EUR (3-5y)

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No