Nordea 1 - European Covered Bond Opportunities Fund BI EUR

To provide shareholders with investment growth in the medium to long term. The fund mainly invests, directly or through derivatives, in European bonds. Specifically, the fund invests at least two thirds of total assets in debt securities that are denominated in European currencies or that are issued by public authorities in Europe and covered bonds that are denominated in European currencies or that are issued by public authorities, or by companies or financial institutions that are domiciled, or conduct the majority of their business, in Europe. The fund also invests at least one third of total assets in debt securities with a rating of AAA/Aaa or lower, but not lower than A-/A3, or equivalent. The fund’s modified duration is between -0.5 and +4.