Danske Invest SICAV

Global Inflation Linked Bond Class A-sek h

ISIN: LU1204914821
Documents
Factsheet
Key Investor Information Document
Articles of incorporation
Prospectus
Restriction report

108.350

NAV as of 18.11.2019

-0.02%

Return 1 day

-0.95%

Return 1 month

+0.00%

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 inflation-linked bonds.

Specifically, the fund invests at least two-thirds of net assets in bonds and other debt instruments that are rated Baa3/BBB- or higher (or similar).

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

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 has no duration target.

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

Global Inflation Linked Bond Class A-sek h
Benchmark
Return
Annual return
Monthly excess return compared to benchmark
1 year
3 years
Since launch

to
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Historical return is no reliable indicator of future return.
Due to full redemption in the fund on 18 November 2019, there are insufficient data to provide useful information regarding past performance.

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
4 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 105.77
3 years runningSEK 102.73
Historical return is no reliable indicator of future return.
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Manager

Christian Vejen

Title: Chief Portfolio Manager
Background: M.Sc., Cand.Scient.Oecon
Years of experience: 26

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 31.05.2021

The allocation is based on the portfolio's bond holdings.
Please note that all holdings are delayed with 1 month.
Global Inflation Linked Bond Class A-sek h

Holdings as of 31.05.2021

Name of investment/security Weight Type Currency Country ISIN code
TII 0 1/8 07/15/24 000000000000006.486.48% Bonds USD USA US912828WU04
TII 0 1/8 01/15/31 000000000000004.564.56% Bonds USD USA US91282CBF77
2,125 U.S.TREASURY IX 15/2-11/2041 (912810QP6) 000000000000004.084.08% Bonds USD USA US912810QP66
1 US TREASURY SEC.I/L 15/2-2046(912810RR1) 000000000000003.603.60% Bonds USD USA US912810RR14
1,25 U.K. TREASURY I/L 22/11-2055 000000000000003.243.24% Bonds GBP United Kingdom GB00B0CNHZ09
0,125 U.K. TREASURY I/L 22/3-2029 000000000000003.033.03% Bonds GBP United Kingdom GB00B3Y1JG82
0,625 U.K. TREASURY I/L 22/3-2040 000000000000003.003.00% Bonds GBP United Kingdom GB00B3LZBF68
0,375 U.K. TREASURY I/L 22/3-2062 000000000000002.942.94% Bonds GBP United Kingdom GB00B4PTCY75
2,0 NEW ZEALAND (GOVT) I/L 20/9-2012/2025 000000000000002.912.91% Bonds NZD New Zeeland NZIIBDT002C2
0,10 BUNDESREP. DEUTSCHLAND I/L 15/4-2012/2023 000000000000002.882.88% Bonds EUR Germany DE0001030542
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.
Global Inflation Linked Bond Class A-sek h

Facts about the fund

  • Basic information

    Basic information

    ISIN code LU1204914821
    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 SEK
    Price method Single Price
    Legal type UCITS
    Launch date 16.06.2015
    Bloomberg ticker DANGASH LX
    Wertpapierkennnummer A2JFU1
    Marketing permission (Retail) Luxembourg, Switzerland
    Marketing permission (Professional) Luxembourg, Switzerland
  • Profile

    Profile

    Profile Actively managed
    Type Fixed income
    Investment area Global
    Benchmark Bloomberg-Barclays World Govt. Inflation-Linked Bond Index All Maturities (hedged into the respective class currency)
    Recommended investment horizon 3 years
  • Today's figures

    Today's figures

    Total assets, mill. SEK as of 30.06.2021 9.09
    Net asset value (NAV) SEK as of 18.11.2019 108.350
    Duration as of 30.06.2021 6.41
    Yield to maturity as of 30.06.2021 1.18
  • Risk key figures as of 30.11.2019

    Risk key figures as of 30.11.2019

      1 year 3 years 5 years 7 years 10 years
    Avg. annual return (%) 5.77 0.90
    Sharpe Ratio 0.28
    Volatility 4.49
    Tracking Error 5.63
    Information Ratio -0.63
    Calculation is based on end-of-month data.
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