Danske Invest SICAV

Danish Mortgage Bond Class A-nok h

Danske Invest SICAV Danish Mortgage Bond Class A-nok h

Today's figures

  • 171.62NAV as of 24.03.2017
  • -0.08%Return 1 day
  • -0.39%Return 1 month (24.02.2017)
  • +0.13%Return (year-to-date)

Objectives and investment policy

Objectives
The objective of this fund is to generate a return at least equal to the return on long-term Danish bonds. The fund is accumulating.

Investment policy
The fund invests mainly in bonds listed on an official stock exchange. The bonds are mainly issued by Danish mortgage credit institutions and denominated in Danish kroner.

The main part of the fund's NAV will be hedged against the base currency of the fund.

The fund is actively managed and the modified duration must be in the range of 3-9 years.

The modified duration indicates a.o. the price risk on the bonds the fund invests in. The lower the duration, the more price stable the bonds if interest rates change. The fund may use financial derivative instruments.

Recommendation: This fund may not be appropriate for investors who plan to withdraw their money within 4 years.

Return

The default for the chart is the return for the past 5 years as of end of month or, if the fund is less than 5 years old, since launch. Past performance is not a reliable indicator of future results.
This fund was previously launched under Danske Invest, a Luxembourg fonds commun de placement. The chart reflects the fund's past performance prior to the merger of the fund into the Danske Invest SICAV structure in March 2017.


5 largest holdings

2,50 NORDEA ANNUITETSLÅN 2047 8.66 %
1,50 BRFKREDIT 111.E 2047 5.58 %
1,00 BRFKREDIT 111.E 2032 5.17 %
4,50 DANSK STATSLÅN ST LÅN (INK) 2039 4.60 %
VAR. REALKREDIT DANMARK 41S.R.O.A 2039 4.31 %
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Risk indicator

The indicator illustrates the typical correlation between the risk and your potential return of the investment.




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Basic information

ISIN codeLU0332084721
CurrencyNOK
Launch date18.12.2007
DividendsNo
Ongoing charge
1.07%
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