Danske Invest SICAV

China Class A

Morningstar Rating™ : - ESG-funds - ISIN: LU0178668348
Documents
Factsheet
Key Investor Information Document
Articles of incorporation
Prospectus
Sustainability-related disclosure
Complaints procedure
Investor rights

72.931

NAV as of 08.08.2022

-1.36%

Return 1 day

-9.89%

Return 1 month

-22.37%

Return (year-to-date)

Objectives and investment policy

Objectives

The objective of this fund is to achieve above-market performance. The share class is accumulating.

Investment policy

The fund invests mainly in Chinese equities.

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

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 not differ significantly from those of the benchmark.

The fund may use derivatives for hedging and efficient portfolio management.

The fund may invest in Chinese A-shares subject to quota and operational constraints, which may increase legal and counterparty risk.

Recommendation: This fund may not be appropriate for investors who plan to withdraw their money within 7 years.

ESG-funds (Article 8)
Funds that promote environmental (E) and/or social (S) factors and ensure good governance (G) practices are called ESG funds at Danske Invest. These funds promote E/S characteristics through screening, restrictions, investment analysis, and active ownership, but they do not have sustainable investments as their objective. The funds integrate ESG by systematically identifying and addressing sustainability factors during the investment process.

ESG funds comply with Article 8 of the EU regulation on sustainability‐related disclosures in the financial services sector.

Return

China Class A
Benchmark
Return
Annual return
Monthly excess return compared to benchmark
1 year
3 years
5 years
10 years
Since launch

to
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Aktiv Förmögenhetsförvaltning Class SADanske Invest SICAV
Aktiv Förmögenhetsförvaltning Class SA dDanske Invest SICAV
Danish Bond Class ADanske Invest SICAV
Danish Bond Class A dDanske Invest SICAV
Danish Mortgage Bond Class ADanske Invest SICAV
Danish Mortgage Bond Class A dDanske Invest SICAV
Denmark Focus Class ADanske Invest SICAV
Emerging Markets Debt Hard Currency Class ADanske Invest SICAV
Emerging and Frontier Markets Class ADanske Invest SICAV
Euro Investment Grade Corporate Bond Class ADanske Invest SICAV
Euro Sustainable High Yield Bond Class ADanske Invest SICAV
Euro Sustainable High Yield Bond Class A dDanske Invest SICAV
Europe Class ADanske Invest SICAV
Europe Class SA-sekDanske Invest SICAV
Europe High Dividend Class ADanske Invest SICAV
Europe Long-Short Equity Factors Class A pDanske Invest SICAV
Europe Long-Short Equity Factors Class A-nok h pDanske Invest SICAV
Europe Long-Short Equity Factors Class A-sek h pDanske Invest SICAV
Europe Small Cap Class ADanske Invest SICAV
Europe Small Cap Class A-nokDanske Invest SICAV
Europe Small Cap Class A-sekDanske 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
Global Corporate Sustainable Bond Class A-nok hDanske Invest SICAV
Global Corporate Sustainable Bond Class A-sek hDanske Invest SICAV
Global ESG 130/30 Class ADanske Invest SICAV
Global ESG 130/30 Class A-dkkDanske Invest SICAV
Global ESG 130/30 Class A-eurDanske Invest SICAV
Global ESG 130/30 Class A-nokDanske Invest SICAV
Global ESG 130/30 Class A-sekDanske Invest SICAV
Global Emerging Markets Class ADanske Invest SICAV
Global Emerging Markets Small Cap Class ADanske Invest SICAV
Global Index Class SADanske Invest SICAV
Global Index Restricted Class SADanske Invest SICAV
Global Index Restricted Class SA dDanske 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 Sustainable Future 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
Multi Asset Inflation Strategy Class ADanske Invest SICAV
Multi Asset Inflation Strategy Class A-sek hDanske Invest SICAV
Nordic Corporate Bond Class ADanske Invest SICAV
Nordic Corporate Bond Class A dDanske Invest SICAV
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 Kort Ränta Class SADanske Invest SICAV
Sverige Kort Ränta Class SA dDanske Invest SICAV
Sverige Ränta Class SADanske Invest SICAV
Sverige Ränta Class SA dDanske Invest SICAV
Sverige Småbolag Class SADanske Invest SICAV
Sverige Småbolag Class SA dDanske 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.
This fund was previously launched under Danske Invest, a Luxembourg fonds commun de placement. The chart reflects the fund's past performance prior to the merger of the fund into the Danske Invest SICAV structure in March 2017.

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
$

0 years
years
10 years
years

$

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

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 USD 100

PeriodeVærdi
1 year runningUSD 71.58
3 years runningUSD 98.59
5 years runningUSD 97.26
7 years runningUSD 120.75
10 years runningUSD 163.29
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.
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Manager

Christina Chung

Title: Senior Portfolio Manager
Background: B.A. (finance), M.A. (economics), CMA, CFA
Years of experience: 32

Allianz Global Investors

Allianz Global Investors U.S. LLC is a global asset management company with nearly 40 years of experience. The company is owned by Allianz Asset Management AG, which in turn is owned by the the German insurance company Allianz, SE. The company has offices in the US, Europe, Asia and Australia.

Allianz is advisor for Danske Invest on a.o. technology equities and the team advising Danske Invest is located in San Francisco. The equity team focuses on companies that have sustained earnings growth, strong balance sheets and reasonable pricing. Furthermore, the team focuses on companies that deliver new products through research and product development.

Asset allocation as of 31.05.2022

The allocation is based on the portfolio's equity holdings.
Please note that all holdings are delayed with 1 month.
China Class A

Holdings as of 31.05.2022

Name of investment/security Weight Type Currency Country ISIN code
Tencent Holdings Ltd. 000000000000009.009.00% Equities HKD Hong Kong KYG875721634
Alibaba Group Holding Ltd 000000000000006.726.72% Equities HKD Hong Kong KYG017191142
NetEase Inc 000000000000004.664.66% Equities HKD Hong Kong KYG6427A1022
JD.com Inc 000000000000003.773.77% Equities HKD Hong Kong KYG8208B1014
China Merchants Bank - H 000000000000003.323.32% Equities HKD Hong Kong CNE1000002M1
Meituan Dianping 000000000000002.922.92% Equities HKD Hong Kong KYG596691041
Ping An Insurance (Group) Comp. of China 000000000000002.722.72% Equities HKD Hong Kong CNE1000003X6
China Resources Land Ltd. 000000000000002.712.71% Equities HKD Hong Kong KYG2108Y1052
DC Holdings (HKD) 000000000000002.322.32% Equities HKD Hong Kong BMG2759B1072
China Everbright International Ltd 000000000000002.272.27% Equities HKD Hong Kong HK0257001336
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.
China Class A

Facts about the fund

  • Basic information

    Basic information

    ISIN code LU0178668348
    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 USD
    Price method Single Price
    Legal type UCITS
    Launch date 24.11.2003
    Bloomberg ticker FNGRCHA LX
    Wertpapierkennnummer A0B61F
    Marketing permission Norway, Luxembourg, Sweden, Finland, Denmark
    Class of China
    Other classes China Class A (Målt i NOK)
    China Class A (SEK)
    China Class WI-eur
  • Profile

    Profile

    Profile Actively managed
    Type Equity
    Investment area China
    Benchmark MSCI China Index (net dividends reinvested)
    Recommended investment horizon 7 years
  • Today's figures

    Today's figures

    Total assets, mill. USD as of 05.08.2022 19.18
    Shareclass total assets, mill. USD as of 08.08.2022 18.91
    Net asset value (NAV) USD as of 08.08.2022 72.931
  • Risk key figures as of 31.07.2022

    Risk key figures as of 31.07.2022

      1 year 3 years 5 years 7 years 10 years
    Avg. annual return (%) -28.42 -0.47 -0.55 2.73 5.03
    Sharpe Ratio -0.06 -0.10 0.07 0.21
    Volatility 20.29 19.66 19.52 18.69
    Tracking Error 4.66 4.72 4.59 4.64
    Information Ratio 0.70 0.22 0.17 0.05
    Calculation is based on end-of-month data.
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