Danske Invest SICAV

Global Emerging Markets Class I d

ISIN: LU1765871055
Articles of incorporation

Objectives and investment policy


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 emerging market equities. Specifically, the fund invests at least two-thirds of net assets in equities and equity-related securities that are traded on a regulated market and are issued by companies that are domiciled, or do most of their business, in emerging markets (including emerging and frontier markets as classified by S&P Dow Jones Indices).

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.

The fund may invest in Chinese A-shares subject to quota and operational constraints, which may increase legal and counterparty risk.

Recommendation: This fund may not be appropriate for investors who plan to withdraw their money within 7 years.

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.


John Chow

Title: Portfolio Manager
Background: BSc. (computer engineering) , CFA
Years of experience: 26

Fidelity International

Fidelity International is dedicated to meeting the specific needs of global investors. Fundamental analysis is at the heart of Fidelity's investment process carried out by one of the largest global analysis organizations across asset classes. Fidelity has broad and deep expertise in emerging markets and its investment analysts meet companies across Asia, Latin America and EMEA, thus capturing the structural growth and dynamics of the regions. Through their own investment analyses, a deep understanding of every single share that is invested is obtained.
Fidelity has been privately owned for more than 70 years in the United States and has been operating internationally for more than 50 years. Independence and focus on long-term growth are essential to achieving successful results for its customers.

Asset allocation as of 30.06.2020

Please note that all holdings are delayed with 1 month.
Global Emerging Markets Class I d

Holdings as of 30.06.2020

Name of investment/security Weight Type Currency Country ISIN code
Alibaba Group Holding Ltd ADR 000000000000008.188.18% Equities USD USA US01609W1027
Tencent Holdings Ltd. 000000000000007.957.95% Equities HKD Hong Kong KYG875721634
Samsung Electronics (Pref.) 000000000000005.185.18% Equities KRW South Korea KR7005931001
Taiwan Semiconductor Manufacturing Co. 000000000000004.514.51% Equities TWD Taiwan TW0002330008
Reliance Industries 000000000000002.922.92% Equities INR India INE002A01018
SK Hynix Inc. 000000000000002.132.13% Equities KRW South Korea KR7000660001
MediaTek Inc. 000000000000001.971.97% Equities TWD Taiwan TW0002454006
Naspers N Shares 000000000000001.811.81% Equities ZAR South Africa ZAE000015889
Ping An Insurance (Group) Comp. of China 000000000000001.701.70% Equities HKD Hong Kong CNE1000003X6
China Construction Bank Corporation H 000000000000001.701.70% Equities HKD Hong Kong CNE1000002H1
Please note that all holdings are delayed with 1 month.


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.
Global Emerging Markets Class I d

Facts about the fund


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