Danish Bonds Acc.
To overviewInvestment Strategy
The fund invests so that the average modified duration is between one and five 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
Risk Figures
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Sharpe | -0.53 | -0.50 | -0.12 |
| Standard Deviation | 4.01 | 3.35 | 2.45 |
| Tracking Error | 2.12 | 1.89 | 1.58 |
| Information Ratio | 0.27 | 0.37 | 0.36 |
Risk Indicator
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Information
| ISIN | DK0060227239 |
|---|---|
| Domicile | Denmark |
| Advisor | HP Fondsmæglerselskab |
| Administrator | Wealth Fund Partners |
| Inception Date | 04-05-2010 |
| Depository | SEB |
| Risk indicator | Yellow |
| NAV (in mio. DKK) | 169.33 DKK |
| Investment Horizon | Minimum 1 year |
| Duration | 4.52 |
| Income Distributing | No |
| UCITS | Yes |
| Risk indicator | Yellow |
|---|---|
| NAV (in mio. DKK) | 169.33 DKK |
| Investment Horizon | Minimum 1 year |
| Duration | 4.52 |
| Income Distributing | No |
| UCITS | Yes |
Expenses
| Entry charges | 0.10% |
|---|---|
| Exit charges | 0.10% |
| Indirect transaction costs | 0.11% |
| Performance Fee | 0.00% |
| Ongoing charges | 0.38% |
Holdings
| Name | Currency | Percent | ISIN |
|---|---|---|---|
| Jyske Realkredit A/S 4% | DKK | 20.36% | DK0009413601 |
| Denmark (Kingdom Of) 2.25% | DKK | 15.17% | DK0009924532 |
| Nykredit Realkredit A/S 0.5% | DKK | 13.02% | DK0004924933 |
| Nordea Kredit Realkreditaktieselskab 4% | DKK | 8.36% | DK0002059906 |
| Nykredit Realkredit A/S 1.5% | DKK | 7.82% | DK0009526725 |
| Danmarks Skibskredit A/S 4.23% | DKK | 7.71% | DK0004133568 |
| Nordea Kredit Realkreditaktieselskab 5% | DKK | 7.64% | DK0002058346 |
| Denmark (Kingdom Of) 0.1% | DKK | 7.13% | DK0009923724 |
| Jyske Realkredit A/S 5% | DKK | 6.63% | DK0009409419 |
| Faroe (Government of) 0.12% | DKK | 6.17% | DK0030467022 |