❮ See all funds    Same page for ❯ DelClose
Today's figures Objectives and investment policy Return Risk indicator Manager Holdings Charges Facts about the fund

Danske Invest SICAV

Nordic Corporate Bond Class A

Morningstar Rating : - Funds promoting environmental or social characteristics - ISIN: LU1116404325
Documents
Factsheet
Key Information Document (PRIIPs)
Articles of incorporation
Prospectus
Sustainability-related disclosure
Complaints procedure
Investor rights

11.110

NAV as of 19.11.2024

+0.09%

Return 1 day

-0.02%

Return 1 month

+4.87%

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 Nordic corporate bonds.

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.

The fund’s weighted average credit rating is Baa3/BBB- or higher. 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): 50%.

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 promoting environmental or social characteristics (Article 8)
This type of fund promotes environmental (E) or social (S) conditions and ensures good governance practices (G). Depending on the fund's investment strategy, this may be done through screening, exclusion, inclusion and active ownership. The funds may partially invest in sustainable investments, but making sustainable investments is not their goal.
Funds that promote environmental or social characteristics are subject to the disclosure requirements set out in Article 8 of the EU's regulation on sustainability-related disclosures in the financial services sector.

Return

Nordic Corporate Bond Class A
Benchmark
Advanced options
Return
Monthly return
Annual return
Return (12 M rolling)
Monthly excess return compared to benchmark
1 year
3 years
5 years
Since launch
to
Refresh
Compare with other fund ...
Aktiv Förmögenhetsförvaltning Class SADanske Invest SICAV
Aktiv Förmögenhetsförvaltning Class SA dDanske Invest SICAV
Basic 80 Class WA-dkkDanske Invest Allocation
China Class ADanske Invest SICAV
China Class A-nokDanske Invest SICAV
China Class A-sekDanske 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
Denmark Focus Class A-nokDanske Invest SICAV
Emerging Markets Debt Hard Currency Class ADanske Invest SICAV
Emerging Markets Sustainable Future Class ADanske Invest SICAV
Euro High Yield Bond Class ADanske Invest SICAV
Euro High Yield Bond Class A dDanske Invest SICAV
Euro High Yield Bond Class A-sek hDanske Invest SICAV
Euro Investment Grade Corporate Bond Class ADanske Invest SICAV
Euro Investment Grade Corporate Bond Class A-sekDanske Invest SICAV
Europe Class ADanske Invest SICAV
Europe Class A-sekDanske Invest SICAV
Europe Class SA-sekDanske Invest SICAV
Europe High Dividend Class ADanske Invest SICAV
Europe High Dividend Class A-sekDanske 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 Corporate Sustainable Bond Class ADanske Invest SICAV
European Corporate Sustainable Bond Class A dDanske Invest SICAV
Global 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 Emerging Markets Class ADanske Invest SICAV
Global Emerging Markets Class A-nokDanske Invest SICAV
Global Emerging Markets Class A-sekDanske Invest SICAV
Global Emerging Markets Small Cap Class ADanske Invest SICAV
Global Emerging Markets Small Cap Class A-sekDanske Invest SICAV
Global Index Class SADanske Invest SICAV
Global Index Restricted Class SADanske Invest SICAV
Global Index Restricted Class SA dDanske Invest SICAV
Global Index Restricted Class SA-nok hDanske Invest SICAV
Global Inflation Linked Bond Class ADanske Invest SICAV
Global Inflation Linked Bond Class A dDanske Invest SICAV
Global Inflation Linked Bond Class A-sek hDanske 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
Global Sustainable Future Class A-nokDanske Invest SICAV
Global Sustainable Future Class A-sekDanske 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
India Class A-sekDanske Invest SICAV
Japan Class ADanske Invest SICAV
Japan Class A-sekDanske Invest SICAV
June Balanced Screened Class A-dkkDanske Invest Allocation
June Balanced Screened Class A-sek hDanske Invest Allocation
June Equity Screened Class A-dkkDanske Invest Allocation
June Equity Screened Class A-sek hDanske Invest Allocation
June Moderate Screened Class A-dkkDanske Invest Allocation
June Moderate Screened Class A-sek hDanske Invest Allocation
June Opportunity Screened Class A-dkkDanske Invest Allocation
June Opportunity Screened Class A-sek hDanske Invest Allocation
June Progressive Screened Class A-dkkDanske Invest Allocation
June Progressive Screened Class A-sek hDanske Invest Allocation
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 summary risk indicator is a guide to the level of risk of this product compared to other products. It shows how likely it is that the product will lose money because of movements in the markets or because we are not able to pay you.

This classification may change and may not reliably indicate the future risk profile of the fund. The lowest category does not mean risk free.

This product does not include any protection from future market performance so you could lose some or all of your investment.
 

Value of
Click to change the amount
 €

0 years
years
9 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 108.05
3 years runningEUR 101.85
5 years runningEUR 103.66
7 years runningEUR 105.24
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

Cecilie Hoffmeyer

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

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, 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 30.09.2024

The allocation is based on the portfolio's bond holdings.
Please note that all holdings are delayed with 1 month.
Nordic Corporate Bond Class A

Holdings as of 30.09.2024

Name of investment/security Weight Type Currency Country ISIN code
GN STORE NORD 0.875% 25.11.2024 000000000000002.022.02% Bonds EUR Denmark XS2412258522
FORTUM OYJ 4.5% 26.05.2033 000000000000001.501.50% Bonds EUR Finland XS2606261597
LANDSBANKINN HF 0.375% 23.05.2025 000000000000001.341.34% Bonds EUR Iceland XS2306621934
MAGELLAN CAPITAL HOLD 08.07.2029 000000000000001.291.29% Bonds USD United Arab Emirates XS2852966501
DNB Bank ASA 19/PERP ADJ USD C HYBRID 000000000000001.291.29% Bonds USD Norway XS2075280995
LANDSBANKINN HF 3.75% 08.10.2029 000000000000001.271.27% Bonds EUR Iceland XS2913946989
ELLEVIO AB 4.125% 07.03.2034 000000000000001.231.23% Bonds EUR Sweden XS2777383840
ARBEJDERNES LANDSBANK 14.03.2029 000000000000001.211.21% Bonds EUR Denmark DK0030537840
SECURITAS TREASURY IRELA 3.875% 23.02.2030 000000000000001.211.21% Bonds EUR Ireland XS2771418097
ISS GLOBAL A/S 3.875% 05.06.2029 000000000000001.201.20% Bonds EUR Denmark XS2832954270
View entire list
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

  • Ongoing charge1.10%
  • Performance fee0.00%

One-off charges taken before or after you invest

  • Max. entry charge2.00%
  • Max. exit charge0.00%

Other charges *)

*) Other charges are charges which entirely or partially are included in the ongoing charges and/or one-off charges.
Nordic Corporate Bond Class A

Facts about the fund

  • Basic information

    Basic information

    ISIN code LU1116404325
    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 J.P. Morgan
    Currency EUR
    Price method Single Price
    Legal type UCITS
    Launch date 15.12.2014
    Bloomberg ticker DINOCOA LX
    Wertpapierkennnummer A12HPR
    Marketing permission Finland, Sweden, Luxembourg, Norway, Denmark
    Class of Nordic Corporate Bond
    Other classes Nordic Corporate Bond Class A-sek h d
    Nordic Corporate Bond Class I
    Nordic Corporate Bond Class I-nok h
  • Profile

    Profile

    Profile Actively managed
    Type Fixed income
    Investment area Nordic
    Benchmark Bloomberg Global Corporate Scand All Grades Index, 5% issuer capped (hedged into the respective share class currency)
    Recommended investment horizon 3 years
  • Today's figures

    Today's figures

    Total assets, mill. EUR as of 19.11.2024 40.71
    Shareclass total assets, mill. EUR as of 19.11.2024 0.21
    Net asset value (NAV) EUR as of 19.11.2024 11.110
    Duration as of 31.10.2024 2.96
    Yield to maturity as of 31.10.2024 4.24
  • Risk key figures as of 31.10.2024

    Risk key figures as of 31.10.2024

      1 year 3 years 5 years 7 years 10 years
    Avg. annual return (%) 8.05 0.61 0.72 0.73
    Sharpe Ratio -0.51 -0.10 -0.01
    Volatility 3.66 4.98 4.24
    Tracking Error 2.61 2.25 2.00
    Information Ratio 0.46 0.24 0.02
    Calculation is based on end-of-month data.
  • Download documents

Info

Noget gik galt.

Warning

Noget gik galt.

Error

Noget gik galt.