Danske Invest SICAV

European Corporate Sustainable Bond Class I

Sustainability: : - ISIN: LU1399305330
Documents
Factsheet
Key Investor Information Document
Articles of incorporation
Sustainability profile
Prospectus

10.373

NAV as of 20.07.2018

-0.07%

Return 1 day

-0.47%

Return 1 month

-0.91%

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 corporate bonds traded on a regulated market and issued by companies in OECD-countries, mainly in Europe. The fund is accumulating.

Investment policy

The fund invests mainly in corporate bonds issued by companies that have a strong sustainability profile within Environment, Social and Governance issues and integrate a sustainability awareness in relation to climate change and CO2 emissions. Each bond issuer must comply with international principles for responsible investments and controversial sectors are non-investable.

At least 75% of the sub-fund’s assets invested in bonds must have a quality corresponding to a credit rating of Baa3/BBB- or higher.

The fund is actively managed. The modified duration of the fund, including cash holdings, shall not exceed benchmark duration plus 2 years.

The fund may use financial derivative investments (such as FX forward contracts and interest rate futures contracts). At least 90% of the fund assets should be invested in bonds denominated in or hedged to EUR.

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

Return

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

to
Compare with other fund ...
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Europe Focus Class IDanske Invest SICAV
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Europe Long-Short Dynamic Class I pDanske Invest SICAV
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Europe Small Cap Class IDanske Invest SICAV
European Bond 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
Germany Class IDanske Invest SICAV
Global Corporate Bonds Class IDanske 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 High Dividend Class IDanske Invest SICAV
Global Index Class SIDanske 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 StockPicking Class IDanske Invest SICAV
Horisont Aktie Class SIDanske Invest Allocation SICAV
Horisont Balanserad Class SIDanske Invest Allocation SICAV
Horisont Försiktig Class SIDanske Invest Allocation SICAV
Horisont Offensiv Class SIDanske Invest Allocation SICAV
Horisont Ränta Class SIDanske Invest Allocation SICAV
Japan 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
SRI Global Class SIDanske Invest SICAV
SRI Global Class SI dDanske Invest SICAV
Sverige Beta Class SIDanske Invest SICAV
Sverige Class SIDanske Invest SICAV
Sverige Europa Class SIDanske Invest SICAV
Sverige Fokus Class SIDanske Invest SICAV
Sverige Kort Ränta Class SIDanske Invest SICAV
Sverige Kort Ränta Class SI dDanske Invest SICAV
Sverige Real Ränta Class SIDanske Invest SICAV
Sverige Ränta 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
2 years
years

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

Historical return is no reliable indicator of future return.
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Value of EUR 100

PeriodeVærdi
1 year runningEUR 100.06
Historical return is no reliable indicator of future return.
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Manager

Andreas Dankel & team

Title: Chief Portfolio Manager
Background: M.Sc.
Years of experience: 21

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 31.05.2018

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 31.05.2018

Name of investment/security Weight Type Currency Country ISIN code
0,5 BERLIN HYP AG 26/09-2016/2023 000000000000002.902.90% Bonds EUR Germany DE000BHY0GU5
1,5 ICADE 13/09-2017/2027 000000000000002.322.32% Bonds EUR France FR0013281755
4,375 DELTA LLOYD EMTN VRN 13/6 PERPETUAL 000000000000002.222.22% Bonds EUR Netherlands XS1076781589
0,875 INTESA SANPAOLO 27/06-2017/2022 000000000000002.212.21% Bonds EUR Italy XS1636000561
0 VESTAS WIND SYSTEMS 11/3-2015/2022 000000000000002.032.03% Bonds EUR Denmark XS1197336263
1,0 ENEL FIN INTL NV 16/09-2017/2024 000000000000001.991.99% Bonds EUR Netherlands XS1550149204
1,25 BMW FINANCE NV 5/9-2014/2022 000000000000001.831.83% Bonds EUR Netherlands XS1105276759
2,125 ISS GLOBAL A/S 2/12-2014/2024 000000000000001.801.80% Bonds EUR Denmark XS1145526825
SKANDINAVISKA ENSKILDA FRN PERP/CALL 000000000000001.661.66% Bonds USD Sweden XS1136391643
0,5 BNP PARIBAS 01/06-2016/2022 000000000000001.581.58% Bonds EUR France XS1527753187
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. The ongoing charges are based on the previous year’s expenses. The figure may vary from year to year.

Charges taken from the fund over a year

One-off charges taken before or after you invest

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 Company (Société Anonyme)
    Man. company domicile Luxembourg
    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 in Sweden, Luxembourg, Finland, Denmark, Germany, 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 29.06.2018 731.93
    Net asset value (NAV) EUR as of 20.07.2018 10.373
    Duration as of 29.06.2018 2.89
    Yield to maturity as of 29.06.2018 1.81
  • Risk key figures as of 30.06.2018

    Risk key figures as of 30.06.2018

      1 year 3 years 5 years 7 years 10 years
    Avg. annual return (%) 0.06
    Sharpe Ratio 0.34
    Volatility 1.28
    Tracking Error 0.91
    Information Ratio -0.74
    Calculation is based on end-of-month data.
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