Danske Invest SICAV

European Corporate Sustainable Bond Class A d

Morningstar Rating™ : - Funds with a sustainable objective - ISIN: LU1399304366
Documents
Factsheet
Key Investor Information Document
Articles of incorporation
Prospectus
Sustainability-related disclosure
Complaints procedure
Investor rights

8.690

NAV as of 05.08.2022

-0.59%

Return 1 day

+3.05%

Return 1 month

-8.79%

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, as well as to finance the sustainable transition. Dividends are normally distributed to investors each year.

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, restrictions, 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%.

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.

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.


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.

Return

European Corporate Sustainable Bond Class A d
Benchmark
Return
Annual return
Monthly excess return compared to benchmark
1 year
3 years
5 years
Since launch

to
Compare with other fund ...
Aktiv Förmögenhetsförvaltning Class SADanske Invest SICAV
Aktiv Förmögenhetsförvaltning Class SA dDanske Invest SICAV
China Class ADanske 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
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.

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
6 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 EUR 100

PeriodeVærdi
1 year runningEUR 90.15
3 years runningEUR 90.79
5 years runningEUR 92.39
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

Bent Høegh-Jensen

Title: Chief Portfolio Manager
Background: M.sc. (Economics & Business Administration)
Years of experience: 20

Danske Bank Asset Management

Danske Bank Asset Management is an international asset manager and part 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.

Asset allocation as of 31.05.2022

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 A d

Holdings as of 31.05.2022

Name of investment/security Weight Type Currency Country ISIN code
SYMRISE AG 1.25% 29.11.2025 000000000000001.531.53% Bonds EUR Germany DE000SYM7720
GN STORE NORD 0.875% 25.11.2024 000000000000001.501.50% Bonds EUR Denmark XS2412258522
ISS GLOBAL A/S 0.875% 18.06.2026 000000000000001.491.49% Bonds EUR Denmark XS2013618421
ENEL FINANCE INTL NV 1% 16.09.2024 000000000000001.441.44% Bonds EUR Netherlands XS1550149204
DANSKE BANK A/S 17.02.2027 000000000000001.341.34% Bonds EUR Denmark XS2443438051
BANCO BILBAO VIZCAYA ARG 1% 21.06.2026 000000000000001.331.33% Bonds EUR Spain XS2013745703
VONOVIA SE 0.375% 16.06.2027 000000000000001.331.33% Bonds EUR Germany DE000A3E5MG8
UNIBAIL-RODAMCO-WESTFLD PERP 000000000000001.311.31% Bonds EUR France FR0013330537
COMMERZBANK AG 1.25% 23.10.2023 000000000000001.301.30% Bonds EUR Germany DE000CZ40NG4
UPM-KYMMENE OYJ 2.25% 23.05.2029 000000000000001.251.25% Bonds EUR Finland XS2478685931
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 A d

Facts about the fund & dividends

  • Dividend per unit

    Dividend per unit

    Taxation year Dividend date Payment date Dividend type Amount
    2021 25.04.2022 28.04.2022 Normal EUR 0.10
    2020 26.04.2021 28.04.2021 Normal EUR 0.10
    2019 27.04.2020 29.04.2020 Normal EUR 0.30
    2017 24.04.2018 26.04.2018 Normal EUR 0.26
  • Basic information

    Basic information

    ISIN code LU1399304366
    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 15.06.2016
    Bloomberg ticker DAECADE LX
    Wertpapierkennnummer A2AL2W
    Marketing permission Denmark, Luxembourg, Finland
    Class of European Corporate Sustainable Bond
    Other classes European Corporate Sustainable Bond Class A
    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 I-sek 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 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 04.08.2022 582.62
    Shareclass total assets, mill. EUR as of 05.08.2022 5.28
    Net asset value (NAV) EUR as of 05.08.2022 8.690
    Duration as of 29.07.2022 4.89
    Yield to maturity as of 29.07.2022 2.97
  • 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 (%) -9.85 -3.17 -1.57
    Sharpe Ratio -0.49 -0.26
    Volatility 5.71 4.57
    Tracking Error 1.75 1.54
    Information Ratio -0.52 -0.95
    Calculation is based on end-of-month data.
  • Download documents

Info

Noget gik galt.

Warning

Noget gik galt.

Error

Noget gik galt.