Danske Invest SICAV

European Corporate Sustainable Bond Class I-sek h

Morningstar Rating : - Funds with a sustainable objective - ISIN: LU1399305769
Documents
Factsheet
Key Information Document (PRIIPs)
Articles of incorporation
Prospectus
Sustainability-related disclosure
Complaints procedure
Investor rights

99.75

NAV as of 16.05.2024

-0.04%

Return 1 day

+0.75%

Return 1 month

+0.73%

Return (year-to-date)

Objectives and investment policy

Objectives

The objective of this fund is to achieve above-market performance and contribute positively to one or more UN Sustainable Development Goals. The share class is accumulating.

Investment policy

The fund invests mainly in European corporate bonds.

The fund is categorised as article 9 under SFDR and has a sustainable investment objective. In addition, the fund also promotes environmental and/or social characteristics through screening, exclusions, investment analysis and decision-making, as well as active ownership. The fund follows Danske Invest's responsible investment policy.

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) or unrated: 25%. For bonds not rated by any of the three major agencies, the fund may use licensed third-party rating agencies. The fund may invest up to 50% of net assets in these bonds.

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.

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.

Funds with a sustainable investment objective (Article 9)
Funds with a sustainable investment objective target to invest in economic activities that contribute to a sustainable objective. Such objectives include decarbonisation, greenhouse gas emissions, biodiversity, circular economy, or other environmental Sustainable Development Goals (SDGs). The funds can also invest in economic activities that contribute to a social objective – for instance social integration, labour relations, or human capital – or they can contribute to social SDGs in other ways. Moreover, these investments do no significant harm to sustainable objectives.

These funds comply with article 9 of the EU’s Sustainable Finance Disclosure Regulation.

Return

European Corporate Sustainable Bond Class I-sek h
Benchmark
Return
Monthly return
Annual return
Return (12 M rolling)
Monthly excess return compared to benchmark
1 year
3 years
5 years
Since launch

to
Compare with other fund ...
Aktiv Förmögenhetsförvaltning Class SIDanske Invest SICAV
Danish Mortgage Bond Class IDanske Invest SICAV
Danish Mortgage Bond Class I-chf hDanske Invest SICAV
Danish Mortgage Bond Class I-eur hDanske Invest SICAV
Danish Mortgage Bond Class I-eur h dDanske Invest SICAV
Denmark Focus Class IDanske Invest SICAV
Emerging Markets Debt Hard Currency Class IDanske Invest SICAV
Emerging Markets Debt Hard Currency Class I-eur hDanske Invest SICAV
Emerging Markets Debt Hard Currency Class I-eur h dDanske Invest SICAV
Emerging Markets Debt Hard Currency Class I-sek hDanske Invest SICAV
Emerging Markets Sustainable Future 2 Class A pDanske Invest SICAV - SIF
Emerging Markets Sustainable Future 2 Class BDanske Invest SICAV - SIF
Emerging Markets Sustainable Future 2 Class DDanske Invest SICAV - SIF
Emerging Markets Sustainable Future 2 Class D dDanske Invest SICAV - SIF
Emerging Markets Sustainable Future Class IDanske Invest SICAV
Euro High Yield Bond Class I Danske Invest SICAV
Euro Investment Grade Corporate Bond Class IDanske Invest SICAV
Europe Class IDanske Invest SICAV
Europe Class SI-sekDanske Invest SICAV
Europe High Dividend Class IDanske Invest SICAV
Europe Long-Short Equity Factors Class I pDanske Invest SICAV
Europe Small Cap Class IDanske Invest SICAV
European Corporate Sustainable Bond Class IDanske Invest SICAV
European Corporate Sustainable Bond Class I-dkk h dDanske Invest SICAV
European Corporate Sustainable Bond Class I-nok hDanske Invest SICAV
Global Corporate Sustainable Bond Class IDanske Invest SICAV
Global Corporate Sustainable Bond Class I-nok hDanske Invest SICAV
Global Corporate Sustainable Bond Class I-sek hDanske Invest SICAV
Global Emerging Markets Class IDanske Invest SICAV
Global Emerging Markets Class I-sekDanske Invest SICAV
Global Emerging Markets Small Cap Class IDanske Invest SICAV
Global Index Class I-dkkDanske Invest SICAV
Global Index Class I-eurDanske Invest SICAV
Global Index Class I-nokDanske Invest SICAV
Global Index Class SIDanske Invest SICAV
Global Index Restricted Class SIDanske Invest SICAV
Global Index Restricted Class SI dDanske Invest SICAV
Global Inflation Linked Bond Class IDanske Invest SICAV
Global Inflation Linked Bond Short Duration Class IDanske Invest SICAV
Global Inflation Linked Bond Short Duration Class I dDanske Invest SICAV
Global Inflation Linked Bond Short Duration Class I-nok hDanske Invest SICAV
Global Inflation Linked Bond Short Duration Class I-sek hDanske Invest SICAV
Global Sustainable Future Class IDanske Invest SICAV
Global Sustainable Future Class I dDanske Invest SICAV
Global Sustainable Future Class I-sekDanske Invest SICAV
Horisont Aktie Class SIDanske Invest Allocation
Horisont Balanserad Class SIDanske Invest Allocation
Horisont Försiktig Class SIDanske Invest Allocation
Horisont Offensiv Class SIDanske Invest Allocation
Horisont Ränta Class SIDanske Invest Allocation
Japan Class IDanske Invest SICAV
Multi Asset Inflation Strategy Class IDanske Invest SICAV
Nordic Corporate Bond Class IDanske Invest SICAV
Nordic Corporate Bond Class I-nok hDanske Invest SICAV
Sverige Beta Class SIDanske Invest SICAV
Sverige Class SIDanske Invest SICAV
Sverige Kort Ränta Class SIDanske Invest SICAV
Sverige Kort Ränta Class SI dDanske Invest SICAV
Sverige Ränta Class SIDanske Invest SICAV
Sverige Småbolag Class SIDanske Invest SICAV
Past performance is not a reliable indicator of future results. Future returns may be negative. The return may increase and decrease as a result of currency fluctuations if the fund is issued in a currency other than the currency used in the country in which you are domiciled.

Risk indicator

Lower risk

Higher risk

Typically lower return

Typically higher return

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7

The summary risk indicator is a guide to the level of risk of this product compared to other products. It shows how likely it is that the product will lose money because of movements in the markets or because we are not able to pay you.

This classification may change and may not reliably indicate the future risk profile of the fund. The lowest category does not mean risk free.

This product does not include any protection from future market performance so you could lose some or all of your investment.
 

Value of
Click to change the amount
kr

0 years
years
5 years
years

kr

of which n/a kr in dividends.
Total charges during the period:
n/a kr.

Past performance is not a reliable indicator of future results. Future returns may be negative. The return may increase and decrease as a result of currency fluctuations if the fund is issued in a currency other than the currency used in the country in which you are domiciled.
Show table

Value of SEK 100

PeriodeVærdi
1 year runningSEK 105.79
3 years runningSEK 93.60
5 years runningSEK 96.56
Past performance is not a reliable indicator of future results. Future returns may be negative. The return may increase and decrease as a result of currency fluctuations if the fund is issued in a currency other than the currency used in the country in which you are domiciled.
Show calculator

Manager

Alfred Meinema & Annemieke Coldeweijer

Goldman Sachs Asset Management is one of the world’s leading investment managers, providing investment advice and products across all core asset classes. The individual investment teams and portfolio managers are based in strategic locations all over the world.

Goldman Sachs Asset Management’s overarching investment philosophy is founded on the belief that consistent long-term positive performance can be generated by employing a broad array of diverse investment opportunities, combined with disciplined portfolio risk management.

Asset allocation as of 27.03.2024

The allocation is based on the portfolio's bond holdings.
Please note that all holdings are delayed with 1 month.
European Corporate Sustainable Bond Class I-sek h

Holdings as of 27.03.2024

Name of investment/security Weight Type Currency Country ISIN code
MOTABILITY OPERATIONS GR 3.625% 24.07.2029 000000000000002.682.68% Bonds EUR United Kingdom XS2742660157
CREDIT AGRICOLE SA 12.10.2026 000000000000002.232.23% Bonds EUR France FR001400D0Y0
BPCE SA 01.06.2033 000000000000002.202.20% Bonds EUR France FR001400I7P8
BANQUE FED CRED MUTUEL 4.125% 18.09.2030 000000000000002.132.13% Bonds EUR France FR001400KO38
GN STORE NORD 0.875% 25.11.2024 000000000000001.851.85% Bonds EUR Denmark XS2412258522
BANCO SANTANDER SA 24.06.2029 000000000000001.611.61% Bonds EUR Spain XS2357417257
INTESA SANPAOLO SPA 5.25% 13.01.2030 000000000000001.601.60% Bonds EUR Italy XS2545759099
CAIXABANK SA 18.11.2026 000000000000001.571.57% Bonds EUR Spain XS2258971071
DEUTSCHE BAHN FIN GMBH 3.5% 20.09.2027 000000000000001.561.56% Bonds EUR Germany XS2689049059
FERROVIE DELLO STATO 4.125% 23.05.2029 000000000000001.491.49% Bonds EUR Italy XS2627121259
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.
European Corporate Sustainable Bond Class I-sek h

Facts about the fund

  • Basic information

    Basic information

    ISIN code LU1399305769
    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 J.P. Morgan
    Minimum initial investment EUR 100,000
    Currency SEK
    Price method Single Price
    Legal type UCITS
    Launch date 23.11.2018
    Bloomberg ticker DAECISH LX
    Marketing permission Sweden, Luxembourg
    Class of European Corporate Sustainable Bond
    Other classes European Corporate Sustainable Bond Class A
    European Corporate Sustainable Bond Class A d
    European Corporate Sustainable Bond Class A-nok h
    European Corporate Sustainable Bond Class A-sek h
    European Corporate Sustainable Bond Class A-sek h d
    European Corporate Sustainable Bond Class I
    European Corporate Sustainable Bond Class I-dkk h d
    European Corporate Sustainable Bond Class I-nok h
    European Corporate Sustainable Bond Class WA
    European Corporate Sustainable Bond Class WA d
    European Corporate Sustainable Bond Class WA-sek h
    European Corporate Sustainable Bond Class WI-sek h
    European Corporate Sustainable Bond Class WI-sek h d
  • Profile

    Profile

    Profile Actively managed
    Type Fixed income
    Investment area Europe
    Benchmark Bloomberg Capital Euro Agg Corp 500 A and Below Excluding Tobacco and Aerodefence.
    Recommended investment horizon 3 years
  • Today's figures

    Today's figures

    Total assets, mill. EUR as of 16.05.2024 606.59
    Shareclass total assets, mill. SEK as of 16.05.2024 1,381.83
    Net asset value (NAV) SEK as of 16.05.2024 99.75
    Duration as of 30.04.2024 4.37
    Yield to maturity as of 30.04.2024 4.02
  • Risk key figures as of 30.04.2024

    Risk key figures as of 30.04.2024

      1 year 3 years 5 years 7 years 10 years
    Avg. annual return (%) 5.79 -2.18 -0.70
    Sharpe Ratio -0.68 -0.33
    Volatility 6.26 5.79
    Tracking Error 0.79 1.46
    Information Ratio 0.19 -0.21
    Calculation is based on end-of-month data.
  • Download documents

Info

Noget gik galt.

Warning

Noget gik galt.

Error

Noget gik galt.