Objectives

The objective of this fund is to achieve a performance comparable to the benchmark. The share class is accumulating.

Investment policy

The fund seeks to track a global equity index.

The fund is categorised as article 8 under SFDR and promotes environmental and/or social characteristics, as well as good governance practices, through screening, exclusions, investment analysis and decision-making as well as active ownership. The fund follows Danske Invest's responsible investment policy.

In passively managing the fund's portfolio, the portfolio management team invests directly in a selection of equities included in the benchmark, using a multi-factor model designed to reduce trading costs and minimise tracking error.

Tracking error is anticipated to be less than 1.00%, however it could be higher as the index may include stocks that are restricted from the fund’s investment universe. Tracking error is a measure of the difference of returns between the fund and its benchmark.

The fund may use derivatives for hedging and efficient portfolio management, as well as for investment purposes.

A sample based physical model replicates the index which represents large and mid-cap equity performance across developed markets countries.

Recommendation: This fund may not be appropriate for investors who plan to withdraw their money within 5 years.