Danske Invest SICAV

Nordic Corporate Bond Class A-sek h

Danske Invest SICAV Nordic Corporate Bond Class A-sek h

Today's figures

  • 100.02NAV as of 30.06.2015
  • +0.00%Return 1 day
  • +0.00%Return 1 month (18.06.2015)
  • +0.00%Return (year-to-date)

Objectives and investment policy

Objectives
The objective of this fund is to generate a return at least equal to the return on the Nordic corporate bonds market. The fund is accumulating.

Investment policy
The fund invests mainly in corporate debt instruments listed or traded on a regulated market and issued by companies domiciled in or with main activity in any Nordic country. Up to 25% of its assets may be invested in covered bonds from Nordic credit institutions.

At least 50% of debt instruments must have a quality corresponding to a credit rating of Baa3/BBB- or higher. The fund is actively managed. The modified duration of the fund shall not exceed benchmark duration plus 2 years. The fund may use financial derivative investments.

The modified duration indicates a.o. the price risk of the bonds the fund invests in. The lower the duration, the more price stable the bonds if interest rates change. The main part of the fund's NAV will be hedged against the base currency of the fund. At least 90% of the fund’s investments must be denominated in or hedged to EUR.

Recommendation: This fund may not be appropriate for investors who plan to withdraw their money within 4 years.

Return

The default for the chart is the return for the past 5 years as of end of month or, if the fund is less than 5 years old, since launch. Past performance is not a reliable indicator of future results.
Due to full redemption in the fund on 19 June 2015 there are insufficient data to provide useful information regarding past performance.


5 largest holdings

5,25 SVENSKA HANDELSBANKEN PERP/CALL 2.02 %
Kommunal Landspens 1.78 %
Nykredit Realkredi 1.72 %
3,5 DSV AS 18/3-2014/2022 1.67 %
SKANDINAVISKA ENSKILDA FRN PERP/CALL 1.58 %
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Risk indicator

The indicator illustrates the typical correlation between the risk and your potential return of the investment.




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Basic information

ISIN codeLU1204915125
CurrencySEK
Launch date16.06.2015
DividendsNo
Ongoing charge
1.10%
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