Danske Invest SICAV

Global Corporate Bonds Class A

Morningstar Rating™ : - Sustainability: : - ISIN: LU0123484106
Documents
Factsheet
Key Investor Information Document
Articles of incorporation
Sustainability profile
Prospectus

37.981

NAV as of 16.11.2018

-0.40%

Return 1 day

-0.44%

Return 1 month

-1.59%

Return (year-to-date)

Objectives and investment policy

Objectives

The objective of this fund is to generate a return at least equal to the return on international corporate bonds. The fund is accumulating.

Investment policy

The fund invests mainly in bonds and other debt instruments listed or traded on a regulated market globally. At least 75% of the fund's investments shall be denominated in euro or hedged to euro.

The fund is actively managed and at least 75% of the fund's assets must be invested in bonds with high rating. The total duration of the sub-fund will be the benchmark duration plus/minus 2 years. The fund may use financial derivative instruments and CDS (Credit Default Swaps). Usually the expected level of leverage is 120%.

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

Return

Global Corporate Bonds Class A
Benchmark
Return
Annual return
Monthly excess return compared to benchmark
1 year
3 years
5 years
Since launch

to
Compare with other fund ...
Aktiv Förmögenhetsförvaltning Class SADanske Invest SICAV
Aktiv Förmögenhetsförvaltning Class SA dDanske Invest SICAV
China Class ADanske Invest SICAV
Danish Bond Class ADanske Invest SICAV
Danish Bond Class A dDanske Invest SICAV
Danish Mortgage Bond Class ADanske Invest SICAV
Danish Mortgage Bond Class A dDanske Invest SICAV
Denmark Focus Class ADanske Invest SICAV
Dynamic Class A pDanske Invest Allocation
Eastern Europe Absolute Class A pDanske Invest SICAV
Eastern Europe Class ADanske Invest SICAV
Eastern Europe ex Russia Class ADanske Invest SICAV
Emerging Markets Debt Hard Currency Class ADanske Invest SICAV
Emerging and Frontier Markets Class ADanske Invest SICAV
Equity Opportunities Class ADanske Invest Allocation
Euro High Yield Bond Class ADanske Invest SICAV
Euro High Yield Bond Class A dDanske Invest SICAV
Europa (SEK) Class SADanske Invest SICAV
Europe Class ADanske Invest SICAV
Europe High Dividend Class ADanske Invest SICAV
Europe Long-Short Dynamic Class A dpDanske Invest SICAV
Europe Long-Short Dynamic Class A pDanske Invest SICAV
Europe Small Cap Class ADanske Invest SICAV
European Bond Class ADanske Invest SICAV
European Bond Class A dDanske Invest SICAV
European Corporate Sustainable Bond Class ADanske Invest SICAV
European Corporate Sustainable Bond Class A dDanske Invest SICAV
Germany Class ADanske Invest SICAV
Global Emerging Markets Class ADanske Invest SICAV
Global Emerging Markets Small Cap Class ADanske Invest SICAV
Global High Dividend Class ADanske Invest SICAV
Global Index Class SADanske Invest SICAV
Global Inflation Linked Bond Class ADanske Invest SICAV
Global Inflation Linked Bond Class A dDanske Invest SICAV
Global Inflation Linked Bond Short Duration Class ADanske Invest SICAV
Global Inflation Linked Bond Short Duration Class A dDanske Invest SICAV
Global StockPicking Class ADanske Invest SICAV
Horisont Aktie Class SADanske Invest Allocation
Horisont Aktie Class SA dDanske Invest Allocation
Horisont Balanserad Class SADanske Invest Allocation
Horisont Balanserad Class SA dDanske Invest Allocation
Horisont Försiktig Class SADanske Invest Allocation
Horisont Försiktig Class SA dDanske Invest Allocation
Horisont Offensiv Class SADanske Invest Allocation
Horisont Offensiv Class SA dDanske Invest Allocation
Horisont Ränta Class SADanske Invest Allocation
Horisont Ränta Class SA dDanske Invest Allocation
India Class ADanske Invest SICAV
Japan Class ADanske Invest SICAV
Nordic Corporate Bond Class ADanske Invest SICAV
Nordic Corporate Bond Class A dDanske Invest SICAV
Russia Class ADanske Invest SICAV
SRI Global Class SADanske Invest SICAV
SRI Global Class SA dDanske Invest SICAV
Stable Income Class A pDanske Invest Allocation
Sverige Beta Class SADanske Invest SICAV
Sverige Beta Class SA dDanske Invest SICAV
Sverige Class ADanske Invest SICAV
Sverige Class SADanske Invest SICAV
Sverige Class SA dDanske Invest SICAV
Sverige Europa Class SADanske Invest SICAV
Sverige Fokus Class SADanske Invest SICAV
Sverige Kort Ränta Class SADanske Invest SICAV
Sverige Kort Ränta Class SA dDanske Invest SICAV
Sverige Real Ränta Class SADanske Invest SICAV
Sverige Ränta Class SADanske Invest SICAV
Sverige Ränta Class SA dDanske Invest SICAV
Sverige Småbolag Class SADanske Invest SICAV
Swedish Bond Class ADanske Invest SICAV
US High Yield Bond Class A-eur hDanske Invest SICAV
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
10 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 98.41
3 years runningEUR 105.64
5 years runningEUR 114.57
7 years runningEUR 138.30
10 years runningEUR 172.02
Historical return is no reliable indicator of future return.
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Manager

Andreas Dankel & team

Title: Chief Portfolio Manager
Background: M.Sc.
Years of experience: 21

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 28.09.2018

The allocation is based on the portfolio's bond holdings.
Please note that all holdings are delayed with 1 month.
Global Corporate Bonds Class A

Holdings as of 28.09.2018

Name of investment/security Weight Type Currency Country ISIN code
5,00 ENEL SPA 15/1-2014/2075 000000000000002.762.76% Bonds EUR Italy XS1014997073
ELECTRICITE DE FRANCE FRN PERP/CALL 000000000000002.342.34% Bonds EUR France FR0011401736
GDF SUEZ FRN PERP/CALL 000000000000001.741.74% Bonds EUR France FR0011942226
1,413 FCC AQUALIA SA 08/06-2017/2022 000000000000001.731.73% Bonds EUR Spain XS1627337881
2,00 ROYAL BK SCOTLND 08/03-2017/2023 000000000000001.671.67% Bonds EUR United Kingdom XS1575979148
0,875 SANTAN CONS FIN 30/05-2018/2023 000000000000001.551.55% Bonds EUR Spain XS1824235219
0,375 TEVA PHARM FNC 25/07-2016/2020 000000000000001.461.46% Bonds EUR Netherlands XS1439749109
0 GLAXOSMITHKLINE 12/09-2017/2020 000000000000001.441.44% Bonds EUR United Kingdom XS1681518962
0,75 AUTOLIV INC 26/06-2018/2023 000000000000001.421.42% Bonds EUR Sweden XS1713462585
0,875 DAIMLER INTL FIN 09/04-2018/2024 000000000000001.391.39% Bonds EUR Netherlands DE000A194DD9
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. The ongoing charges are based on the previous year’s expenses. The figure may vary from year to year.

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 Corporate Bonds Class A

Facts about the fund

  • Basic information

    Basic information

    ISIN code LU0123484106
    Listed on stock exchange No
    Sub-fund of Danske Invest SICAV
    Fund domicile Luxembourg
    Dividends No
    Management company Danske Invest Management Company (Société Anonyme)
    Man. company domicile Luxembourg
    Depositary RBC Investor Services Bank S.A
    Currency EUR
    Price method Single Price
    Legal type UCITS
    Launch date 14.02.2001
    Bloomberg ticker FNDGHIA LX
    Wertpapierkennnummer 763767
    Marketing permission in United Kingdom, United Kingdom, Sweden, Norway, Luxembourg, Finland, Denmark, Germany, Switzerland, Austria
  • 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. EUR as of 16.11.2018 368.61
    Net asset value (NAV) EUR as of 16.11.2018 37.981
    Duration as of 31.10.2018 4.94
    Yield to maturity as of 31.10.2018 1.51
  • Risk key figures as of 31.10.2018

    Risk key figures as of 31.10.2018

      1 year 3 years 5 years 7 years 10 years
    Avg. annual return (%) -1.59 1.85 2.76 4.74 5.57
    Sharpe Ratio -1.39 0.90 1.04 1.24 1.10
    Volatility 0.88 2.39 2.77 3.80 4.68
    Tracking Error 0.52 1.18 1.14 1.13 1.78
    Information Ratio -0.38 -0.16 0.01 0.46 0.04
    Calculation is based on end-of-month data.
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