Danske Invest SICAV

European Bond Class A-nok h

Danske Invest SICAV European Bond Class A-nok h

Today's figures

  • 110.06NAV as of 28.03.2017
  • -0.10%Return 1 day
  • -0.37%Return 1 month (28.02.2017)
  • -0.53%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 European bonds. The fund is accumulating.

Investment policy
The fund invests in bonds listed on an official stock exchange or another recognized bond market place. The bonds shall be denominated in euro or other currency from an EU- or EES-member country.

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 3-7 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 2 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

Italy(Rep Of) 5.5% 11.14 %
Spain(Kingdom Of) 5.5% 9.52 %
3,75 ITALY BTPS 1/8-2006/2021 6.57 %
4,40 SPAIN (GOVERNMENT) 31/10-2013/2023 4.83 %
0,875 AIB MORTGAGE BANK 4/2-2016/2023 2.89 %
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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 codeLU0178669825
CurrencyNOK
Launch date22.05.2014
DividendsNo
Ongoing charge
1.10%
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