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.
The fund invests mainly in corporate bonds from issuers in the OECD.
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%, distressed bonds (bonds that are trading at 60% of par value or lower): 10%.
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.