Danske Invest SICAV

Euro Investment Grade Corporate Bond Class A-nok h

Sustainability : - ISIN: LU0178670245
Documents
Factsheet
Key Investor Information Document
Articles of incorporation
Prospectus

154.16

NAV as of 02.04.2020

-0.14%

Return 1 day

-7.15%

Return 1 month

-6.08%

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 investment grade bonds from anywhere in the world.

Specifically, the fund invests at least two-thirds of net assets in corporate bonds and other debt instruments that are traded on a regulated market and are rated from A1/A+ to Baa3/BBB- (or similar).

At least 90% of the fund's investments are denominated in, or hedged into, EUR.

The total duration, including cash, is the benchmark duration plus/minus 2 years. The duration indicates among others the price risk of the bonds in which the fund invests. The lower the duration, the more price stable the bonds, if interest rates change.

In actively managing the fund's portfolio, the management team selects securities from a wide range of companies and sectors 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 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.

Return

Euro Investment Grade Corporate Bond Class A-nok h
Benchmark
Return
Annual return
Monthly excess return compared to benchmark
1 year
3 years
5 years
Since launch

to
Compare with other fund ...
Danish Mortgage Bond Class A-eur hDanske Invest SICAV
Danish Mortgage Bond Class A-nok hDanske Invest SICAV
Danish Mortgage Bond Class A-sek hDanske Invest SICAV
Denmark Focus Class RADanske Invest SICAV
Denmark Focus Class RIDanske Invest SICAV
Eastern Europe Absolute Class A-sek h pDanske Invest SICAV
Emerging and Frontier Markets Class A-dkkDanske Invest SICAV
Emerging and Frontier Markets Class A-nokDanske Invest SICAV
Emerging and Frontier Markets Class A-sekDanske Invest SICAV
Euro Investment Grade Corporate Bond Class A-sek hDanske Invest SICAV
Euro Sustainable High Yield Bond Class RIDanske Invest SICAV
Euro Sustainable High Yield Bond Class YDanske Invest SICAV
Europe Class RADanske Invest SICAV
Europe Restricted - Akkumulerende, klasse DKK WDanske Invest Index
European Bond Class A-nok hDanske Invest SICAV
European Corporate Sustainable Bond Class A-nok hDanske Invest SICAV
European Corporate Sustainable Bond Class A-sek hDanske Invest SICAV
European Corporate Sustainable Bond Class A-sek h dDanske Invest SICAV
Global AC Restricted - Akkumulerende, klasse DKK WDanske Invest Index
Global Emerging Markets Class RIDanske Invest SICAV
Global Emerging Markets Restricted - Akkumulerende, klasse DKK WDanske Invest Index
Global Inflation Linked Bond Class A-sek hDanske Invest SICAV
Global Inflation Linked Bond Class RADanske Invest SICAV
Global Inflation Linked Bond Class YDanske Invest SICAV
Global Inflation Linked Bond Short Duration Class RADanske Invest SICAV
Global StockPicking Class RADanske Invest SICAV
Global StockPicking Class RIDanske Invest SICAV
Japan Restricted - Akkumulerende, klasse DKK WDanske Invest Index
Nordic Corporate Bond Class A-sek hDanske Invest SICAV
Nordic Corporate Bond Class A-sek h dDanske Invest SICAV
Nordic Corporate Bond Class RADanske Invest SICAV
Nordic Corporate Bond Class RIDanske Invest SICAV
Pacific incl. Canada ex Japan Restricted - Akkumulerende, klasse DKK WDanske Invest Index
Swedish Bond Class YDanske Invest SICAV
USA Restricted - Akkumulerende, klasse DKK WDanske Invest Index
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
kr

0 years
years
8 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 NOK 100

PeriodeVærdi
1 year runningNOK 98.09
3 years runningNOK 104.76
5 years runningNOK 110.07
7 years runningNOK 130.41
Historical return is no reliable indicator of future return.
Show calculator

Manager

Bent Høegh-Jensen

Title: Chief Portfolio Manager
Background: M.sc. (Economics & Business Administration)
Years of experience: 18

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 28.02.2020

The allocation is based on the portfolio's bond holdings.
Please note that all holdings are delayed with 1 month.
Euro Investment Grade Corporate Bond Class A-nok h

Holdings as of 28.02.2020

Name of investment/security Weight Type Currency Country ISIN code
2,5 VOLKSWAGEN BANK 31/07-2019/2026 000000000000002.132.13% Bonds EUR Germany XS1944390597
1,413 FCC AQUALIA SA 08/06-2017/2022 000000000000001.771.77% Bonds EUR Spain XS1627337881
0,75 AUTOLIV INC 26/06-2018/2023 000000000000001.611.61% Bonds EUR Sweden XS1713462585
5,5 RABOBANK NEDERLAND PERP/CALL 000000000000001.501.50% Bonds EUR Netherlands XS1171914515
0,875 SANTAN CONS FIN 30/05-2018/2023 000000000000001.481.48% Bonds EUR Spain XS1824235219
0,625 BAYER CAP CORPNV 15/12-2018/2022 000000000000001.441.44% Bonds EUR Netherlands XS1840614900
UNICREDIT SPA FRN 25/06-2019/2025 000000000000001.371.37% Bonds EUR Italy XS2017471553
UNIBAIL-RODAMCO FRN PERP/CALL 000000000000001.351.35% Bonds EUR France FR0013330529
FCACAP 1 1/4 09/23/20 000000000000001.281.28% Bonds EUR Ireland XS1383510259
0,375 ENGIE 21/06-2019/2027 000000000000001.251.25% Bonds EUR France FR0013428489
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.
Euro Investment Grade Corporate Bond Class A-nok h

Facts about the fund

  • Basic information

    Basic information

    ISIN code LU0178670245
    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
    Currency NOK
    Price method Single Price
    Legal type UCITS
    Launch date 01.04.2011
    Bloomberg ticker DIGCBAN LX
    Wertpapierkennnummer A1JRB3
    Marketing permission (Retail) Denmark, Sweden, Luxembourg, Germany, United Kingdom, Norway, Finland, Switzerland
    Marketing permission (Professional) Denmark, Germany, Luxembourg, Sweden, United Kingdom, Finland, Norway, Switzerland
  • Profile

    Profile

    Profile Actively managed
    Type Fixed income
    Investment area Global
    Benchmark Bloomberg-Barclays Capital Euro-Aggregate 500MM Corp A-BBB Index.
    Recommended investment horizon 3 years
  • Today's figures

    Today's figures

    Total assets, mill. NOK as of 01.04.2020 3,647.89
    Net asset value (NAV) NOK as of 02.04.2020 154.16
    Duration as of 28.02.2020 5.15
    Yield to maturity as of 28.02.2020 0.66
  • Risk key figures as of 31.03.2020

    Risk key figures as of 31.03.2020

      1 year 3 years 5 years 7 years 10 years
    Avg. annual return (%) -1.91 1.56 1.94 3.87
    Sharpe Ratio
    Volatility 4.74 4.36 3.99
    Tracking Error 0.82 0.93 1.11
    Information Ratio 0.09 -0.11 0.27
    Calculation is based on end-of-month data.
  • Download documents

Info

Noget gik galt.

Warning

Noget gik galt.

Error

Noget gik galt.