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Danske Invest SICAV Euro Sustainable High Yield Bond Class A d Morningstar Rating™ : - ESG-funds - ISIN: LU1204911728 Documents Factsheet Key Investor Information Document Articles of incorporation Prospectus Restriction report Sustainability-related disclosure Sustainability profile Complaints procedure
Objectives and investment policy Objectives The objective of this fund is to achieve above-market performance. Dividends are normally distributed to investors each year. 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). The fund may invest in, or be exposed to, the following investments up to the percentage of net assets indicated: bonds with a minimum rating of Baa3/BBB- (or similar): 50%, convertible and contingent convertible bonds: 20%, debt instruments with a rating of Caa1/CCC+ (or similar) or lower: 20%. 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
Risk indicator Lower risk Higher risk Typically lower return Typically higher return 1234567 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.
Manager Cecilie Hoffmeyer Title: Senior Portfolio Manager Background: M.sc. (Applied Economics & Finance) Years of experience: 17 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.
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 Ongoing charge1.27% Performance fee0.00% One-off charges taken before or after you invest Max. entry charge2.00% Max. exit charge0.00% Other charges *) Management fee1.00% *) Other charges are charges which entirely or partially are included in the ongoing charges and/or one-off charges.
Dividend per unit Taxation year Dividend date Payment date Dividend type Amount 2020 26.04.2021 28.04.2021 Normal EUR 0.11 2019 27.04.2020 29.04.2020 Normal EUR 0.56 2017 24.04.2018 26.04.2018 Normal EUR 0.57
Basic information ISIN code LU1204911728 Listed on stock exchange No Sub-fund of Danske Invest SICAV Fund domicile Luxembourg Dividends Yes 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 16.06.2015 Bloomberg ticker DANYHAD LX Wertpapierkennnummer A14U9J Marketing permission (Retail) Luxembourg, Switzerland Marketing permission (Professional) Luxembourg, Switzerland
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 Total assets, mill. EUR as of 30.09.2021 17.71 Shareclass total assets, mill. EUR as of 01.10.2021 0.01 Net asset value (NAV) EUR as of 01.10.2021 11.102 Duration as of 31.08.2021 3.29 Yield to maturity as of 31.08.2021 2.85
Risk key figures as of 30.09.2021 1 year 3 years 5 years 7 years 10 years Avg. annual return (%) 9.21 3.25 3.97 Sharpe Ratio Volatility 9.74 7.77 Tracking Error 1.66 1.38 Information Ratio -0.64 -0.27 Calculation is based on end-of-month data.
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