hpinvest

Danish Bonds Acc. - CL W

To overview

Investment Strategy

The fund invests so that the average modified duration is between one and six years. The fund is suited for the investor who wishes a large degree of stability in value and does not have a need for income from distribution of returns. Positions are only taken in bonds denominated in Danish kroner, and by high-quality issuers as the Danish government, Danish mortgage institutions, and similar with equivalent credit quality. Considering the current low yield environment, the focus is on capital preservation and the strategy will be very cautious.

Returns

Danish Acc.Benchmark
1 year3 years5 yearsLifetime

Annual Returns

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%201920182017201620152014201320122011
Danish Acc.0.990.781.841.55-0.471.512.323.785.34
Benchmark0.810.331.382.05-0.123.260.163.785.92
Excess Return0.180.450.45-0.50-0.34-1.762.160.00-0.58

Short Term Returns

%1 week1 month3 months6 months
Danish Acc.0.08-0.04-0.72-0.30
Benchmark0.020.05-0.73-0.55
Excess Return0.07-0.090.010.25

Long Term Returns

%Year to Date1 year3 years ann.5 years ann.Since inception ann.
Danish Acc.0.990.971.230.952.11
Benchmark0.810.841.050.921.97
Excess Return0.180.130.180.030.14

Risk Figures

3 years5 years
Sharpe2.141.67
Standard Deviation0.720.72
Tracking Error1.321.34
Information Ratio0.540.15

Risk Indicator

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Information

ISINDK0060941201
DomicileDenmark
AdvisorHP Fondsmæglerselskab
AdministratorNykredit Portefølje Administration
Inception Date12-12-2017
DepositoryNykredit Bank
Risk indicatorYellow
NAV (in mio. DKK)22.87 DKK
Investment HorizonMinimum 1 year
Duration3.63
Income DistributingNo
UCITSYes
Risk indicatorYellow
NAV (in mio. DKK)22.87 DKK
Investment HorizonMinimum 1 year
Duration3.63
Income DistributingNo
UCITSYes

Benchmark

BenchmarkNordea GCM 3Y 35% + Nordea MCM 3Y 65%

Expenses

Entry charges0.10%
Exit charges0.10%
Indirect transaction costs0.03%
Performance Fee0.00%
Ongoing charges0.45%

Holdings

NameCurrencyPercentISIN
Nykredit Realkredit A/SDKK17.96%DK0009515959
LR Realkredit A/S 1%DKK15.67%DK0004924347
Denmark (Kingdom Of) 0.1%DKK13.81%DK0009922916
Jyske Realkredit A/S 1.5%DKK12.27%DK0009393746
Foroya Landsstyri 0.62%DKK10.37%DK0030400700
Nordea Kredit Realkreditaktieselskab 1.5%DKK8.18%DK0002040567
Realkredit Danmark A/S 3%DKK6.27%DK0009289845
Nykredit Realkredit A/S 0.5%DKK5.40%DK0009514556
LR Realkredit A/S 1%DKK5.25%DK0004919776
Nykredit Realkredit A/SDKK4.82%DK0009523540

Facts

Fact Sheet

Download our fact sheet as PDF here:

Download Fact Sheet

Advisor

HP Fondsmæglerselskab
Kronprinsessegade 18, 1
1306 København