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Danske Invest SICAV Europe Long-Short Equity Factors Class A-nok h p ISIN: LU1932898940 Documents Factsheet Key Investor Information Document Articles of incorporation Prospectus Restriction report Sustainalytics ESG Risk Rating Complaints procedure
Objectives and investment policy Objectives The objective of this fund is to achieve investment growth in any type of market condition (absolute return). The share class is accumulating. Investment policy The fund invests mainly in long and short positions in European equities. To a small extent, the fund may invest in equities from developed countries outside Europe. The fund adheres to the Responsible Investment Policy of Danske Bank and restricts certain sectors and companies from its investment universe. In actively managing the fund’s portfolio, the management team uses a long-short strategy, taking long exposure to equities it believes will increase in price and short exposure to equities it believes will decline in price or offset the volatility of its long positions. The fund may use derivatives for hedging and efficient portfolio management, as well as for investment purposes. The main part of the share class' NAV will be hedged against the base currency of the fund. However, the share class remains exposed to the currencies of the investments in the fund. Recommendation: This fund may not be appropriate for investors who plan to withdraw their money within 3 years.
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 René Ebbesen Title: Chief Portfolio Manager Background: M.Sc., CFA, FRM Years of experience: 26 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 charge1.40% Performance fee20% of the outperformance as defined in the prospectus. In the fund's last financial year the performance fee was 0.02% of the fund. One-off charges taken before or after you invest Max. entry charge3.00% Max. exit charge1.00% Other charges *) Management fee1.00% *) Other charges are charges which entirely or partially are included in the ongoing charges and/or one-off charges.
Basic information ISIN code LU1932898940 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 NOK Price method Single Price Legal type UCITS Launch date 29.03.2019 Bloomberg ticker DAELANK LX Marketing permission (Retail) Luxembourg, Norway Marketing permission (Professional) Luxembourg, Norway
Profile Profile Actively managed Type Equity Investment area Europe Benchmark The fund has no benchmark. Recommended investment horizon 3 years
Risk key figures as of 16.12.2020 1 year 3 years 5 years 7 years 10 years Avg. annual return (%) -3.70 Sharpe Ratio Volatility Calculation is based on end-of-month data.
Download documents Key Investor Information DocumentPDF FactsheetPDF Articles of incorporationPDF ProspectusPDF Semi-annual reportPDF Complaints procedurePDF Responsible investments