Objectives
The objective of this fund is to achieve the highest possible relative return in relation to the benchmark. The share class is accumulating.
Investment policy
The fund is an actively managed fixed income fund investing mainly in Norwegian short-duration bonds and money market instruments, and bank deposits (Norsk Likviditet).
Specifically, the fund invests at least two-thirds of net assets in bonds and other debt instruments issued by governments, municipalities and other public organisations, companies or credit institutions. These securities are denominated in NOK and comply with VFF industry standards for liquidity funds.
The management company defines regulated markets as including the Nordic Alternative Bond Market. The fund may invest in securities traded on the Nordic Alternative Bond Market.
The fund does not invest in bonds with a rating lower than Baa3/BBB- (or similar).
The fund has a duration range from 0 to 0.33 of a year. The fund's average weighted term to maturity is maximum 1.5 years.
The fund does not qualify as a money market fund under the EU Regulation.
The fund is categorised as article 8 under SFDR and promotes environmental and/or social characteristics, as well as good governance practices, through screening, exclusions, investment analysis and decision-making as well as active ownership. The fund follows Danske Invest's responsible investment policy.
In actively managing the fund's portfolio, the management team selects securities that appear to offer superior investment characteristics across market segments, alongside decisions on portfolio diversification and yield curve positioning.
The fund generally expects that its holdings, and therefore its performance, may differ somewhat from those of the benchmark.
The fund may use derivatives for hedging and efficient portfolio management, as well as for investment purposes.
Fund units can normally be redeemed on banking days.
Recommendation: This fund may not be appropriate for investors who plan to withdraw their money within 1 years.
