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Danske Invest SICAV European Bond Class A-nok h ISIN: LU0178669825 Documents Factsheet Key Investor Information Document Articles of incorporation Prospectus Restriction report Complaints procedure
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 corporate and government bonds from the European Union (EU) or the European Economic Area (EEA). The fund adheres to the Responsible Investment Policy of Danske Bank and restricts certain sectors and companies from its investment universe. Over the long term, the majority of the fund’s credit exposure is expected to be investment grade. 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, as well as for investment purposes. The total duration, including cash, is the benchmark duration plus or minus 2 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.
Risk indicator Lower risk Higher risk Typically lower return Typically higher return 1234567 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.
Manager Bent Høegh-Jensen Title: Chief Portfolio Manager Background: M.sc. (Economics & Business Administration) Years of experience: 19 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.
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 Ongoing charge1.10% Performance fee0.00% One-off charges taken before or after you invest Max. entry charge2.00% Max. exit charge0.00% Other charges *) Management fee0.80% *) Other charges are charges which entirely or partially are included in the ongoing charges and/or one-off charges.
Basic information ISIN code LU0178669825 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 22.05.2014 Bloomberg ticker DIEBANH LX Wertpapierkennnummer A0RB54 Marketing permission (Retail) Luxembourg, Norway, Switzerland Marketing permission (Professional) Luxembourg, Norway, Switzerland
Profile Profile Actively managed Type Fixed income Investment area Europe Benchmark Bloomberg-Barclays Capital Euro-Aggregate 500 MM Index. Recommended investment horizon 3 years
Today's figures Total assets, mill. NOK as of 30.09.2021 181.28 Shareclass total assets, mill. NOK as of 01.10.2021 71.73 Net asset value (NAV) NOK as of 01.10.2021 125.46 Duration as of 31.08.2021 7.65 Yield to maturity as of 31.08.2021 0.06
Risk key figures as of 30.09.2021 1 year 3 years 5 years 7 years 10 years Avg. annual return (%) -0.58 3.62 2.09 2.97 Sharpe Ratio Volatility 3.99 3.53 3.51 Tracking Error 0.69 0.66 0.82 Information Ratio -0.65 -0.65 -0.63 Calculation is based on end-of-month data.
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