Danske Invest SICAV

Danish Mortgage Bond Class I-eur h d

ISIN: LU1765873424
Documents
Factsheet
Key Investor Information Document
Articles of incorporation
Prospectus
Complaints procedure

10.236

NAV as of 08.12.2021

+0.03%

Return 1 day

+0.34%

Return 1 month

-4.05%

Return (year-to-date)

Objectives and investment policy

Objectives

The objective of this fund is to achieve a performance that is at least equal to that of long-term Danish bonds. Dividends are normally distributed to investors each year.

Investment policy

The fund invests mainly in highly rated investment grade mortgage bonds that are denominated in Danish Krone (DKK).

The fund adheres to the Responsible Investment Policy of Danske Bank and restricts certain sectors and companies from its investment universe.

The fund usually invests in securities that are rated AAA (or similar) at the time of purchase. However, it may hold securities with a lower credit rating as a result of a credit downgrade.

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

The fund may use derivatives for hedging and efficient portfolio management.

The total modified duration, including cash and the adjustment for estimated premature redemption risk, ranges from 3 to 9 years.

The main part of the share class' NAV will be hedged against the base currency of the fund. However, the share class remains exposed to the currencies of the investments in the fund.

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

All funds adhere to our responsible investment policy

Return

Danish Mortgage Bond Class I-eur h d
Benchmark
Return
Annual return
Monthly excess return compared to benchmark
1 year
3 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
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 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
3 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 95.48
3 years runningEUR 100.66
Historical return is no reliable indicator of future return.
Show calculator

Manager

Ulrik Carstens

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 29.10.2021


Please note that all holdings are delayed with 1 month.
Danish Mortgage Bond Class I-eur h d

Holdings as of 29.10.2021

Name of investment/security Weight Type Currency Country ISIN code
0.50% 0,5NDASDRO40 40 000000000000008.068.06% Bonds DKK Denmark DK0002044635
0.50% 0,5 pct 111. 40 000000000000007.347.34% Bonds DKK Denmark DK0009397812
2,00 NYKREDIT (TOT) 01E3 2053 000000000000006.616.61% Bonds DKK Denmark DK0009532889
INTL BK RECON & DEVELOP 0.2% 15.11.2039 000000000000005.855.85% Bonds DKK USA XS2086462657
1,50 NYKREDIT (TOT) 01E 2053 000000000000004.194.19% Bonds DKK Denmark DK0009532020
1,50 REALKREDIT DANMARK 28S SA 2053 000000000000003.973.97% Bonds DKK Denmark DK0004619038
0,50 NORDEA KREDIT ANN SDRO 2050 000000000000003.763.76% Bonds DKK Denmark DK0002046176
1,00 JYSKE REALKREDIT 411.E.OA 30 2053 000000000000003.733.73% Bonds DKK Denmark DK0009405185
1,00 REALKREDIT DANMARK 28S SA 2053 000000000000003.653.65% Bonds DKK Denmark DK0004616794
0.50% 0,5NDASDRO43 43 000000000000003.473.47% Bonds DKK Denmark DK0002047141
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.
Danish Mortgage Bond Class I-eur h d

Facts about the fund & dividends

  • Dividend per unit

    Dividend per unit

    Taxation year Dividend date Payment date Dividend type Amount
    2020 26.04.2021 28.04.2021 Normal EUR 0.11
    2019 27.04.2020 29.04.2020 Normal EUR 0.11
    2018 25.04.2019 29.04.2019 Normal EUR 0.10
  • Basic information

    Basic information

    ISIN code LU1765873424
    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 EUR 100,000
    Currency EUR
    Price method Single Price
    Legal type UCITS
    Launch date 08.02.2018
    Bloomberg ticker DIDMIED LX
    Wertpapierkennnummer A2JDJF
    Marketing permission (Professional) Luxembourg, Germany
  • Profile

    Profile

    Profile Actively managed
    Type Fixed income
    Investment area Denmark
    Benchmark The fund has no benchmark.
    Recommended investment horizon 3 years
  • Today's figures

    Today's figures

    Total assets, mill. EUR as of 07.12.2021 296.16
    Shareclass total assets, mill. EUR as of 08.12.2021 24.55
    Net asset value (NAV) EUR as of 08.12.2021 10.236
    Duration as of 30.11.2021 7.79
    Yield to maturity as of 30.11.2021 0.91
  • Risk key figures as of 30.11.2021

    Risk key figures as of 30.11.2021

      1 year 3 years 5 years 7 years 10 years
    Avg. annual return (%) -4.52 0.22
    Sharpe Ratio 0.20
    Volatility 3.32
    Calculation is based on end-of-month data.
  • Download documents

Info

Noget gik galt.

Warning

Noget gik galt.

Error

Noget gik galt.