Danske Invest SICAV

Nordic Corporate Bond Class RA

Morningstar Rating™ : - Sustainability : - ISIN: LU1542191538
Documents
Factsheet
Key Investor Information Document
Articles of incorporation
Prospectus
Restriction report
Sustainability-related disclosure
Sustainability Approach

10.656

NAV as of 11.05.2021

-0.02%

Return 1 day

+0.13%

Return 1 month

+1.24%

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 Nordic corporate bonds.

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.

The fund’s weighted average credit rating is Baa3/BBB- or higher. The fund may invest in, or be exposed to, the following investments up to the percentage of net assets indicated: bonds with a rating lower than Baa3/BBB- (or similar): 50%.

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 modified duration, including cash, ranges from 0 to the benchmark duration plus 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

Nordic Corporate Bond Class RA
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
Emerging and Frontier Markets Class A-nokDanske Invest SICAV
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Euro Investment Grade Corporate Bond Class A-nok hDanske Invest SICAV
Euro Investment Grade Corporate Bond Class A-sek hDanske Invest SICAV
Euro Sustainable High Yield Bond Class RIDanske 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 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 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
4 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 106.72
3 years runningEUR 104.26
Historical return is no reliable indicator of future return.
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Manager

Tom Lundsten & Anders Grønning

Title: Senior Portfolio Manager/Portfolio Manager
Background: M.Sc./M.Sc. & CFA

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 31.03.2021

The allocation is based on the portfolio's bond holdings.
Please note that all holdings are delayed with 1 month.
Nordic Corporate Bond Class RA

Holdings as of 31.03.2021

Name of investment/security Weight Type Currency Country ISIN code
4 NYKREDIT BANK 3/6-2014/2036 000000000000002.032.03% Bonds EUR Denmark XS1073143932
SYDBANK A/S FRN 25/11-2020/2024 000000000000001.841.84% Bonds DKK Denmark XS2263655594
TRYG FORSIKRING AS FRN PERPETUAL 000000000000001.801.80% Bonds SEK Denmark DK0030418249
SIRIUS INTL FRN 22/09-2017/2047 000000000000001.721.72% Bonds SEK Bermuda XS1683455429
5,75 POHJOLA BANK PLC 28/2-12/2022 000000000000001.721.72% Bonds EUR Finland XS0750702507
0,25 ALFA LAVAL TREAS 25/06-2019/2024 000000000000001.591.59% Bonds EUR Sweden XS2017324844
DANSKE BANK FRN PERP/CALL 000000000000001.461.46% Bonds EUR Denmark XS1190987427
1,25 JYSKE BANK 28/1-2020/2031 000000000000001.371.37% Bonds EUR Denmark XS2109391214
0,25 NYKREDIT REALKREDIT A/S 27/11-2019/2023 000000000000001.371.37% Bonds EUR Denmark DK0009525917
Protector Forsikring ASA 16/46 FRN C SUB 000000000000001.371.37% Bonds NOK Norway NO0010762917
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.
Nordic Corporate Bond Class RA

Facts about the fund

  • Basic information

    Basic information

    ISIN code LU1542191538
    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 03.04.2017
    Bloomberg ticker DINOCRA LX
    Wertpapierkennnummer A2JFVJ
    Marketing permission (Retail) Luxembourg, United Kingdom, Switzerland
    Marketing permission (Professional) Luxembourg, United Kingdom, Switzerland
  • Profile

    Profile

    Profile Actively managed
    Type Fixed income
    Investment area Nordic
    Benchmark Bloomberg-Barclays Global Corporate Scandi All Grades Index, 5% issuer capped (hedged into the respective class currency).
    Recommended investment horizon 3 years
  • Today's figures

    Today's figures

    Total assets, mill. EUR as of 11.05.2021 24.14
    Shareclass total assets, mill. EUR as of 11.05.2021 0.04
    Net asset value (NAV) EUR as of 11.05.2021 10.656
    Duration as of 29.04.2021 1.79
    Yield to maturity as of 29.04.2021 1.47
  • Risk key figures as of 30.04.2021

    Risk key figures as of 30.04.2021

      1 year 3 years 5 years 7 years 10 years
    Avg. annual return (%) 6.72 1.40
    Sharpe Ratio 0.34
    Volatility 5.32
    Tracking Error 1.38
    Information Ratio -0.79
    Calculation is based on end-of-month data.
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