Danske Invest SICAV

Danish Mortgage Bond Class A d

Morningstar Rating™ : - ISIN: LU0158165976
Documents
Factsheet
Key Investor Information Document
Articles of incorporation
Sustainability profile
Prospectus

100.59

NAV as of 16.11.2018

+0.09%

Return 1 day

+0.42%

Return 1 month

+0.28%

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 long-term Danish bonds. Dividends are normally distributed to investors each spring.

Investment policy

The fund invests mainly in bonds listed on an official stock exchange. The bonds are mainly issued by Danish mortgage credit institutions and denominated in Danish kroner.

The fund is actively managed and the modified duration must be in the range of 3-9 years.

The modified duration indicates a.o. the price risk on the bonds the fund invests in. The lower the duration, the more price stable the bonds if interest rates change. The fund may use financial derivative instruments.

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

Return

Danish Mortgage Bond Class A d
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
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 Corporate Bonds 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
kr

0 years
years
10 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 DKK 100

PeriodeVærdi
1 year runningDKK 100.78
3 years runningDKK 107.08
5 years runningDKK 111.62
7 years runningDKK 118.52
10 years runningDKK 150.09
Historical return is no reliable indicator of future return.
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Manager

Ulrik Carstens

Title: Chief Portfolio Manager
Background: M.Sc.
Years of experience: 18

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.
Danish Mortgage Bond Class A d

Holdings as of 28.09.2018

Name of investment/security Weight Type Currency Country ISIN code
2.00% 2,0NDASDRO50 50 000000000000012.4312.43% Bonds DKK Denmark DK0002038744
0,10 DANSK STATSLÅN 2023I 000000000000006.236.23% Bonds DKK Denmark DK0009922916
2,00 NYKREDIT 01E DA 2047 000000000000005.415.41% Bonds DKK Denmark DK0009504755
2,00 REALKREDIT DANMARK 27S.S. 2047 000000000000004.694.69% Bonds DKK Denmark DK0009297350
1,50 BRFKREDIT 111.E 2047 000000000000004.594.59% Bonds DKK Denmark DK0009388159
2,00 Realkredit Danmark 23S SA 2050 000000000000003.583.58% Bonds DKK Denmark DK0004606134
1,50 NYKREDIT 01E A 2047 000000000000003.363.36% Bonds DKK Denmark DK0009506024
2.00% 111.E.50 50 000000000000003.263.26% Bonds DKK Denmark DK0009392425
2.00% 2NYK01EA50 50 000000000000003.253.25% Bonds DKK Denmark DK0009513582
2,50 NORDEA ANNUITETSLÅN 2034 000000000000002.862.86% Bonds DKK Denmark DK0002029081
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.
Danish Mortgage Bond Class A d

Facts about the fund & dividends

  • Dividend per unit

    Dividend per unit

    Dividend date Payment date Dividend type Amount
    24.04.2018 26.04.2018 Normal DKK 2.05
    21.02.2017 - Normal DKK 3.41
    23.02.2016 24.02.2016 Normal DKK 2.05
    24.02.2015 - Remaining DKK 1.36
    24.02.2014 - Normal DKK 1.36
  • Basic information

    Basic information

    ISIN code LU0158165976
    Listed on stock exchange No
    Sub-fund of Danske Invest SICAV
    Fund domicile Luxembourg
    Dividends Yes
    Management company Danske Invest Management Company (Société Anonyme)
    Man. company domicile Luxembourg
    Depositary RBC Investor Services Bank S.A
    Currency DKK
    Price method Single Price
    Legal type UCITS
    Launch date 13.12.2002
    Bloomberg ticker FNDANMD LX
    Wertpapierkennnummer A0DLEC
    Marketing permission in United Kingdom, Sweden, Norway, Luxembourg, Finland, Denmark, Germany, Switzerland, Austria, United Kingdom
  • Profile

    Profile

    Profile Actively managed
    Type Fixed income
    Investment area Denmark
    Benchmark The fund has no benchmark.
    Recommended investment horizon 3 years
  • Today's figures

    Today's figures

    Total assets, mill. DKK as of 16.11.2018 3,030.21
    Net asset value (NAV) DKK as of 16.11.2018 100.59
    Duration as of 31.10.2018 5.97
    Yield to maturity as of 31.10.2018 1.28
  • 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 (%) 0.78 2.31 2.22 2.46 4.14
    Sharpe Ratio 0.52 1.16 1.13 1.12 1.20
    Volatility 2.37 2.35 2.28 2.33 3.19
    Calculation is based on end-of-month data.
  • Download documents

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