Danske Invest SICAV

Euro Sustainable High Yield Bond Class RI

Morningstar Rating™ : - ESG-funds - ISIN: LU1542186454
Documents
Factsheet
Key Investor Information Document
Articles of incorporation
Prospectus
Restriction report
Sustainability-related disclosure
Sustainability Approach

11.765

NAV as of 16.07.2021

+0.01%

Return 1 day

+0.26%

Return 1 month

+4.30%

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 below investment grade (high yield) corporate bonds from anywhere in the world, including emerging markets, that are denominated in Euro (EUR) and issued by companies that have a positive or an improving ESG (environment, social and governance) profile.

The fund promotes various environmental and social characteristics and good governance practices through a commitment to systematically identify and address sustainability factors throughout the investment management processes and through active ownership.

This fund is not a sustainable investment product as described in Article 9 of the Sustainable Finance Disclosure Regulation (SFDR, Regulation (EU) 2019/2088).

While the fund invests mainly in below investment grade bonds, it may invest up 50% of net assets in bonds with a minimum rating of Baa3/BBB- (or similar).

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.

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



ESG-funds
Funds that promote environmental or social factors and ensure good governance practices are called ESG funds. The funds promote ESG by investing, for example, in companies that focus on climate and employee conditions, diversity or anti-corruption. They can also work actively to influence companies to become more sustainable or to refrain from investing in companies that have a large and detrimental climate impact.
 
ESG funds comply with Article 8 of the EU regulation on sustainability‐related disclosures in the financial services sector.


The LuxFLAG ESG label
This fund complies with the requirements of LuxFLAG ESG, which is one of the oldest sustainability labels in Europe. Certification entails meeting extensive requirements with respect to the work done on sustainable investments. You can read more here.
All funds adhere to our responsible investment policy

Return

Euro Sustainable High Yield Bond Class RI
Benchmark
Return
Annual return
Monthly excess return compared to benchmark
1 year
3 years
Since launch

to
Compare with other fund ...
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Emerging and Frontier Markets Class A-dkkDanske Invest SICAV
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Euro Investment Grade Corporate Bond Class A-nok hDanske Invest SICAV
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European Corporate Sustainable Bond Class A-nok hDanske Invest SICAV
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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 Sustainable Future Class RIDanske Invest SICAV
Japan Restricted - Akkumulerende, klasse DKK WDanske Invest Index
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
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

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 112.08
3 years runningEUR 112.59
Historical return is no reliable indicator of future return.
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Manager

Cecilie Hoffmeyer

Title: Senior Portfolio Manager
Background: M.sc. (Applied Economics & Finance)
Years of experience: 17

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.
Euro Sustainable High Yield Bond Class RI

Holdings as of 31.05.2021

Name of investment/security Weight Type Currency Country ISIN code
VOD 3.1 01/03/79 000000000000003.133.13% Bonds EUR United Kingdom XS1888179477
DEUTSCHE BANK AG FRN 19/05-2020/2031 000000000000002.122.12% Bonds EUR Germany DE000DL19VB0
2,5 BANCO SABADELL 15/04-2021/2031 000000000000001.801.80% Bonds EUR Spain XS2286011528
OBRAS 5 1/2 03/15/23 000000000000001.471.47% Bonds EUR Spain XS1206510569
USIMIT 3 7/8 03/01/28 000000000000001.431.43% Bonds EUR Italy XS1784311703
AIB GROUP PLC FRN PERP/CALL 000000000000001.421.42% Bonds EUR Ireland XS2010031057
BANCO CRED SOC C FRN 07/06-2017/2027 000000000000001.361.36% Bonds EUR Spain XS1626771791
4,25 ZIGGO SECURED FI 15/01-2016/2027 000000000000001.351.35% Bonds EUR Netherlands XS1493836461
VOLKSBANK WIEN AG FRN PERP/CAL 000000000000001.341.34% Bonds EUR Austria AT000B121991
4,875 UNICREDIT SPA 20/02-2019/2029 000000000000001.321.32% Bonds EUR Italy XS1953271225
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 Sustainable High Yield Bond Class RI

Facts about the fund

  • Basic information

    Basic information

    ISIN code LU1542186454
    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 EUR
    Price method Single Price
    Legal type UCITS
    Launch date 22.12.2017
    Bloomberg ticker DIHYRIE LX
    Wertpapierkennnummer A2JFTQ
    Marketing permission (Professional) Luxembourg, United Kingdom, Switzerland
  • Profile

    Profile

    Profile Actively managed
    Type Fixed income
    Investment area Europe
    Benchmark Bloomberg-Barclays Capital Euro High Yield 3% Issuer Capped Index in EUR.
    Recommended investment horizon 3 years
  • Today's figures

    Today's figures

    Total assets, mill. EUR as of 15.07.2021 16.82
    Shareclass total assets, mill. EUR as of 16.07.2021 1.46
    Net asset value (NAV) EUR as of 16.07.2021 11.765
    Duration as of 30.06.2021 3.44
    Yield to maturity as of 30.06.2021 3.08
  • Risk key figures as of 30.06.2021

    Risk key figures as of 30.06.2021

      1 year 3 years 5 years 7 years 10 years
    Avg. annual return (%) 12.08 4.03
    Sharpe Ratio 0.45
    Volatility 9.75
    Tracking Error 1.66
    Information Ratio -0.41
    Calculation is based on end-of-month data.
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