Danske Invest SICAV

European Corporate Sustainable Bond Class I

Morningstar Rating™ : - ESG-funds - ISIN: LU1399305330
Documents
Factsheet
Key Investor Information Document
Articles of incorporation
Prospectus
Restriction report
Sustainalytics ESG Risk Rating
Sustainability-related disclosure
Sustainability profile

10.850

NAV as of 23.09.2021

-0.08%

Return 1 day

-0.28%

Return 1 month

+0.70%

Return (year-to-date)

Objectives and investment policy

Objectives

The objective of this fund is to achieve above-market performance. The share class is accumulating.

Investment policy

The fund invests mainly in European corporate bonds that have a positive or an improving Environment, Social and Governance (ESG) profile.

The fund promotes various environmental and social characteristics and good governance practices through a commitment to systematically identify and address sustainability factors throughout the investment management processes and through active ownership.

This fund is not a sustainable investment product as described in Article 9 of the Sustainable Finance Disclosure Regulation (SFDR, Regulation (EU) 2019/2088).

The fund may invest in, or be exposed to, the following investments up to the percentage of net assets indicated: bonds with a rating lower than Baa3/BBB- (or similar) or unrated: 25%.

In actively managing the fund’s portfolio, the management team selects securities that appear to offer superior investment characteristics.

The fund generally expects that its holdings, and therefore its performance, may differ significantly from those of the benchmark.

The fund may use derivatives for hedging and efficient portfolio management, as well as for investment purposes.

The total modified duration, including cash, ranges from 0 to the benchmark duration plus 2 years.

Recommendation: This fund may not be appropriate for investors who plan to withdraw their money within 3 years.



ESG-funds
Funds that promote environmental or social factors and ensure good governance practices are called ESG funds. The funds promote ESG by investing, for example, in companies that focus on climate and employee conditions, diversity or anti-corruption. They can also work actively to influence companies to become more sustainable or to refrain from investing in companies that have a large and detrimental climate impact.
 
ESG funds comply with Article 8 of the EU regulation on sustainability‐related disclosures in the financial services sector.


The LuxFLAG ESG label
This fund complies with the requirements of LuxFLAG ESG, which is one of the oldest sustainability labels in Europe. Certification entails meeting extensive requirements with respect to the work done on sustainable investments. You can read more here.
All funds adhere to our responsible investment policy

Return

European Corporate Sustainable Bond Class I
Benchmark
Return
Annual return
Monthly excess return compared to benchmark
1 year
3 years
5 years
Since launch

to
Compare with other fund ...
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Danish Mortgage Bond Class IDanske Invest SICAV
Danish Mortgage Bond Class I-chf hDanske Invest SICAV
Danish Mortgage Bond Class I-eur hDanske Invest SICAV
Danish Mortgage Bond Class I-eur h dDanske Invest SICAV
Denmark Focus Class IDanske Invest SICAV
Eastern Europe Class IDanske Invest SICAV
Emerging Markets Debt Hard Currency Class IDanske Invest SICAV
Emerging Markets Debt Hard Currency Class I-eur hDanske Invest SICAV
Emerging Markets Debt Hard Currency Class I-eur h dDanske Invest SICAV
Emerging Markets Debt Hard Currency Class I-sek hDanske Invest SICAV
Emerging and Frontier Markets Class IDanske Invest SICAV
Emerging and Frontier Markets SMID Class DDanske Invest SICAV - SIF
Euro Investment Grade Corporate Bond Class IDanske Invest SICAV
Euro Sustainable High Yield Bond Class I Danske Invest SICAV
Europe Class IDanske Invest SICAV
Europe Class SI-sekDanske Invest SICAV
Europe High Dividend Class IDanske Invest SICAV
Europe Long-Short Equity Factors Class I pDanske Invest SICAV
Europe Small Cap Class IDanske Invest SICAV
European Corporate Sustainable Bond Class I-dkk h dDanske Invest SICAV
European Corporate Sustainable Bond Class I-nok hDanske Invest SICAV
European Corporate Sustainable Bond Class I-sek hDanske Invest SICAV
Global Corporate Sustainable Bond Class IDanske Invest SICAV
Global Corporate Sustainable Bond Class I-nok hDanske Invest SICAV
Global Corporate Sustainable Bond Class I-sek hDanske Invest SICAV
Global Emerging Markets Class IDanske Invest SICAV
Global Emerging Markets Class I dDanske Invest SICAV
Global Emerging Markets Small Cap Class IDanske Invest SICAV
Global Index Class SIDanske Invest SICAV
Global Index Restricted Class SIDanske Invest SICAV
Global Index Restricted Class SI dDanske Invest SICAV
Global Inflation Linked Bond Class IDanske Invest SICAV
Global Inflation Linked Bond Short Duration Class IDanske Invest SICAV
Global Inflation Linked Bond Short Duration Class RIDanske Invest SICAV
Global Sustainable Future Class IDanske Invest SICAV
Global Sustainable Future Class I-sekDanske Invest SICAV
Horisont Aktie Class SIDanske Invest Allocation
Horisont Balanserad Class SIDanske Invest Allocation
Horisont Försiktig Class SIDanske Invest Allocation
Horisont Offensiv Class SIDanske Invest Allocation
Horisont Ränta Class SIDanske Invest Allocation
Japan Class IDanske Invest SICAV
Multi Asset Inflation Strategy Class IDanske Invest SICAV
Nordic Corporate Bond Class IDanske Invest SICAV
Nordic Corporate Bond Class I-nok hDanske Invest SICAV
Russia Class IDanske Invest SICAV
Sverige Beta Class SIDanske Invest SICAV
Sverige Class SIDanske Invest SICAV
Sverige Kort Ränta Class SIDanske Invest SICAV
Sverige Kort Ränta Class SI dDanske Invest SICAV
Sverige Ränta Class SIDanske Invest SICAV
Sverige Småbolag Class SIDanske Invest SICAV
US High Yield Bond Class IDanske Invest SICAV
Historical return is no reliable indicator of future return.

Risk indicator

Lower risk

Higher risk

Typically lower return

Typically higher return

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7

The indicator illustrates the typical correlation between the risk and your potential return of the investment. The categorization is determined by the fluctuations in the fund's net asset value over the past five years and/or representative data.

Significant historical volatility equals high risk and low volatility equals lower risk. Please note that the fund’s categorization is not constant and the categorization may change over time. Historical performance data is not necessarily a reliable indicator of the future risk profile.

The risk indicator is purely a mathematical calculation and it does not take devaluations, political intervention and sudden fluctuations in interest rates and currencies into account. Risk class 1 is not a risk-free investment.
 

Value of
Click to change the amount

0 years
years
5 years
years

of which n/a € in dividends.
Total charges during the period:
n/a €.

Historical return is no reliable indicator of future return.
Show table

Value of EUR 100

PeriodeVærdi
1 year runningEUR 102.39
3 years runningEUR 104.69
5 years runningEUR 106.08
Historical return is no reliable indicator of future return.
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Manager

Bent Høegh-Jensen

Title: Chief Portfolio Manager
Background: M.sc. (Economics & Business Administration)
Years of experience: 19

Danske Bank Asset Management

Danske Bank Asset Management is an international asset manager and part of Danske Bank Wealth Management – a division of the Danske Bank Group.

Danske Bank Asset Management is Danske Invest’s main investment manager. Danske Bank Asset Management focuses its resources on selected core investment areas. These areas are Nordic equities, European equities, Eastern European equities, global equities, Nordic fixed income, European corporate bonds, global inflation-linked bonds, emerging markets debt as well as index based investments. Danske Bank Asset Management also manages hedge fund strategies within both equities and fixed income.

Asset allocation as of 30.07.2021

The allocation is based on the portfolio's bond holdings.
Please note that all holdings are delayed with 1 month.
European Corporate Sustainable Bond Class I

Holdings as of 30.07.2021

Name of investment/security Weight Type Currency Country ISIN code
DANONE FRN PERP/CALL 000000000000001.731.73% Bonds EUR France FR0013292828
0,875 ISS GLOBAL A/S 18/6-2019/2026 000000000000001.351.35% Bonds EUR Denmark XS2013618421
1,25 SYMRISE AG 29/11-2019/2025 000000000000001.351.35% Bonds EUR Germany DE000SYM7720
1,375 TAKEDA PHARM 09/07-2020/2032 000000000000001.331.33% Bonds EUR Japan XS2197349645
1,0 ENEL FIN INTL NV 16/09-2017/2024 000000000000001.251.25% Bonds EUR Netherlands XS1550149204
ANNGR 0 3/8 06/16/27 000000000000001.251.25% Bonds EUR Germany DE000A3E5MG8
1,413 FCC AQUALIA SA 08/06-2017/2022 000000000000001.221.22% Bonds EUR Spain XS1627337881
ULFP 2 7/8 PERP 000000000000001.201.20% Bonds EUR France FR0013330537
1 BANCO BILBAO VIZ 21/6-2019/2026 000000000000001.191.19% Bonds EUR Spain XS2013745703
1,5 ICADE 13/09-2017/2027 000000000000001.161.16% Bonds EUR France FR0013281755
Please note that all holdings are delayed with 1 month.

Charges

The charges you pay are used to cover the costs of running the fund, including marketing costs and distribution. These charges reduce the potential growth of your investment.

Charges taken from the fund over a year

One-off charges taken before or after you invest

Other charges *)

*) Other charges are charges which entirely or partially are included in the ongoing charges and/or one-off charges.
European Corporate Sustainable Bond Class I

Facts about the fund

  • Basic information

    Basic information

    ISIN code LU1399305330
    Listed on stock exchange No
    Sub-fund of Danske Invest SICAV
    Fund domicile Luxembourg
    Dividends No
    Management company Danske Invest Management A/S
    Man. company domicile Denmark
    Depositary RBC Investor Services Bank S.A
    Minimum initial investment EUR 100,000
    Currency EUR
    Price method Single Price
    Legal type UCITS
    Launch date 15.06.2016
    Bloomberg ticker DAECIEC LX
    Wertpapierkennnummer A2AL2X
    Marketing permission (Professional) Denmark, Luxembourg, Sweden, Finland, Switzerland
  • Profile

    Profile

    Profile Actively managed
    Type Fixed income
    Investment area Europe
    Benchmark Bloomberg-Barclays Capital EuroAgg Corp 500 A and Below Excluding Tobacco and Aerodefence.
    Recommended investment horizon 3 years
  • Today's figures

    Today's figures

    Total assets, mill. EUR as of 23.09.2021 770.93
    Shareclass total assets, mill. EUR as of 23.09.2021 364.36
    Net asset value (NAV) EUR as of 23.09.2021 10.850
    Duration as of 31.08.2021 2.70
    Yield to maturity as of 31.08.2021 0.56
  • Risk key figures as of 31.08.2021

    Risk key figures as of 31.08.2021

      1 year 3 years 5 years 7 years 10 years
    Avg. annual return (%) 2.39 1.54 1.19
    Sharpe Ratio 0.48 0.48
    Volatility 4.10 3.31
    Tracking Error 1.84 1.59
    Information Ratio -0.75 -0.43
    Calculation is based on end-of-month data.
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