Nordea 1 - European Cross Credit Fund BP EUR

The fund mainly invests in corporate bonds denominated in EUR, including high yield bonds. Specifically, the fund invests at least two thirds of total assets in debt securities denominated in EUR that are issued by nonfinancial companies. The fund also invests at least two thirds of total assets in debt securities with a long-term rating of BBB+/Baa1 or lower, but not lower than B-/B3, or equivalent.