hpinvest

Danish Bonds Acc.

To overview

Investment 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

Danish Acc.Benchmark
1 year3 years5 yearsLifetime

Annual Returns

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%20242023202220212020201920182017201620152014201320122011
Danish Acc.1.644.98-10.98-0.431.150.660.531.871.55-0.471.462.323.835.34
Benchmark0.504.89-7.63-2.290.730.630.321.322.02-0.103.250.163.775.92
Excess Return1.140.10-3.351.860.420.030.210.55-0.48-0.37-1.782.160.06-0.58

Short Term Returns

%1 week1 month3 months6 months
Danish Acc.1.041.141.272.45
Benchmark0.190.360.491.27
Excess Return0.850.780.781.18

Long Term Returns

%Year to Date1 year3 years ann.5 years ann.Since inception ann.
Danish Acc.1.645.77-1.53-0.991.07
Benchmark0.503.95-1.04-1.031.00
Excess Return1.141.82-0.490.040.07

Risk Figures

3 years5 years10 years
Sharpe-0.90-0.62-0.16
Standard Deviation4.003.202.32
Tracking Error2.391.921.64
Information Ratio0.110.270.19

Risk Indicator

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Information

ISINDK0060227239
DomicileDenmark
AdvisorHP Fondsmæglerselskab
AdministratorIFS SEB Invest
Inception Date04-05-2010
DepositorySEB
Risk indicatorYellow
NAV (in mio. DKK)117.06 DKK
Investment HorizonMinimum 1 year
Duration4.09
Income DistributingNo
UCITSYes
Risk indicatorYellow
NAV (in mio. DKK)117.06 DKK
Investment HorizonMinimum 1 year
Duration4.09
Income DistributingNo
UCITSYes

Benchmark

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

Expenses

Entry charges0.10%
Exit charges0.10%
Indirect transaction costs0.11%
Performance Fee0.00%
Ongoing charges0.38%

Holdings

NameCurrencyPercentISIN
Nordea Kredit Realkreditaktieselskab 3%DKK14.17%DK0002028190
Nykredit Realkredit A/S 0.5%DKK13.56%DK0004924933
Faroe (Government of) 1.25%DKK13.54%DK0030509393
Nordea Kredit Realkreditaktieselskab 3.95%DKK13.42%DK0002060599
Faroe (Government of) 0.12%DKK9.74%DK0030467022
Realkredit Danmark A/S 1%DKK8.52%DK0004607538
Faroe (Government of) 3.63%DKK6.94%DK0030525837
Danmarks Skibskredit A/S 4.47%DKK6.79%DK0004133568
Foeroya Landsstyri 3.25%DKK6.67%DK0030539549
KommuneKredit 2.75%DKK6.65%DK0008932775

Facts

Fact Sheet

Download our fact sheet as PDF here:

Download Fact Sheet

Advisor

HP Fondsmæglerselskab
Bernstoffsgade 50
1577 København V