Danske Invest SICAV

Sverige Kort Ränta Class SI d

Morningstar Rating™ : - Sustainability : - ISIN: LU1349498136
Documents
Factsheet
Key Investor Information Document
Articles of incorporation
Prospectus
ESG restriction report

1,007.31

NAV as of 23.11.2020

+0.01%

Return 1 day

+0.07%

Return 1 month

+0.61%

Return (year-to-date)

Objectives and investment policy

Objectives

The objective of this fund is to achieve above-market performance. Dividends are normally distributed to investors each year.

Investment policy

The fund invests mainly in Swedish bonds that have a short duration and money market instruments.

The fund systematically integrates ESG factors alongside financial factors, treated holistically and managed from a risk-return perspective in the investment process. Material ESG issues are addressed and promoted through active ownership.

The fund may invest in, or be exposed to, the following investments up to the percentage of net assets indicated: unrated bonds: 20%.

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 somewhat from those of the benchmark.

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

The total average modified duration, including cash, is less than 1 year.

Recommendation: This fund may not be appropriate for investors who plan to withdraw their money within 1 years.



Sustainability profile

Common to all funds labelled "Integrated" is that they are actively managed by a team of portfolio managers who work with sustainability as an integral and systematic element of the investment process.


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.

Return

Sverige Kort Ränta Class SI d
Benchmark
Return
Annual return
Monthly excess return compared to benchmark
1 year
3 years
5 years
Since launch

to
Compare with other fund ...
Aktiv Förmögenhetsförvaltning Class SIDanske Invest SICAV
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 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 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
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
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 Kort Ränta Class SIDanske 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.
This fund was previously domiciled in Sweden (SE0005190709). The chart reflects the fund's past performance prior to the transfer to Danske Invest SICAV in November 2017.

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
kr

0 years
years
7 years
years

kr

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

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

Value of SEK 100

PeriodeVærdi
1 year runningSEK 100.49
3 years runningSEK 100.70
5 years runningSEK 101.44
7 years runningSEK 103.04
Historical return is no reliable indicator of future return.
Show calculator

Manager

Emelie Holmström

Title: Portfolio Manager
Background: M.sc. (Finance)
Years of experience: 7

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 30.09.2020


Please note that all holdings are delayed with 1 month.
Sverige Kort Ränta Class SI d

Holdings as of 30.09.2020

Name of investment/security Weight Type Currency Country ISIN code
HUSQVARNA AB FRN 01/03-2017/2022 000000000000002.182.18% Bonds SEK Sweden SE0009664543
Telenor ASA 19/21 FRN SEK 000000000000001.951.95% Bonds SEK Norway XS1964620071
VOLVO TREAS AB FRN 21/09-2018/2021 000000000000001.661.66% Bonds SEK Sweden XS1881004656
BILLERUDKOR FRN 21/02-2017/2022 000000000000001.521.52% Bonds SEK Sweden SE0009662760
ELLEVIO AB FRN 09/12-2016/2023 000000000000001.471.47% Bonds SEK Sweden XS1526292815
SKANDIABANKEN AB FRN 20/09-2018/2021 000000000000001.451.45% Bonds SEK Sweden SE0010832725
KINNEVIK FRN 15/03-2017/2022 000000000000001.451.45% Bonds SEK Sweden SE0009697386
HEXAGON AB FRN 24/5-2017/2021 000000000000001.421.42% Bonds SEK Sweden SE0009922289
SBAB BANK AB FRN 04/02-2019/2022 000000000000001.291.29% Bonds SEK Sweden XS1946058119
SCANIA CV AB FRN 06/09-2016/2021 000000000000001.281.28% Bonds SEK Sweden XS1485740143
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.
Sverige Kort Ränta Class SI d

Facts about the fund & dividends

  • Dividend per unit

    Dividend per unit

    Taxation year Dividend date Payment date Dividend type Amount
    2019 25.05.2020 28.05.2020 Normal SEK 23.58
    2018 21.05.2019 23.05.2019 Normal SEK 12.98
    15.05.2018 17.05.2018 Normal SEK 14.69
    2016 11.05.2017 - Normal SEK 14.85
    2015 11.05.2016 - Normal SEK 6.37
  • Basic information

    Basic information

    ISIN code LU1349498136
    Listed on stock exchange No
    Sub-fund of Danske Invest SICAV
    Fund domicile Luxembourg
    Dividends Yes
    Management company Danske Invest Management A/S
    Man. company domicile Denmark
    Depositary RBC Investor Services Bank S.A
    Minimum initial investment SEK 750,000
    Currency SEK
    Price method Single Price
    Legal type UCITS
    Launch date 13.11.2017
    Bloomberg ticker DIKSISD LX
    Marketing permission (Retail) Sweden, Luxembourg
    Marketing permission (Professional) Sweden, Luxembourg
  • Profile

    Profile

    Type Fixed income
    Investment area Sweden
    Benchmark OMRX Treasury Bill Index
    Recommended investment horizon 1 years
  • Today's figures

    Today's figures

    Total assets, mill. SEK as of 20.11.2020 14,911.96
    Net asset value (NAV) SEK as of 23.11.2020 1,007.31
    Duration as of 30.10.2020 0.11
    Yield to maturity as of 30.10.2020 0.63
  • Risk key figures as of 30.10.2020

    Risk key figures as of 30.10.2020

      1 year 3 years 5 years 7 years 10 years
    Avg. annual return (%) 0.49 0.23 0.29 0.43
    Sharpe Ratio 0.29 0.55 0.61
    Volatility 1.42 1.11 0.96
    Tracking Error 1.41 1.10 0.95
    Information Ratio 0.55 0.81 0.84
    Calculation is based on end-of-month data.
  • Download documents

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