Short Term Danish Bonds - KL W
To overviewInvestment Strategy
The fund invest so that the overall interest rate risk is low, the average modified duration must be below 3 years. Hence the fund is the natural choice for an investor who wishes a safe investment as an alternative to a cash deposit. 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
Annual Returns
Rotate your phone to view in full size| % | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Short Term | -0.36 | -0.36 | 0.33 | 0.68 | 1.40 | 1.55 | -0.91 | 0.97 | 1.96 | 4.05 | 4.52 | 3.69 | 8.53 | 5.73 |
Short Term Returns
| % | 1 week | 1 month | 3 months | 6 months |
|---|---|---|---|---|
| Short Term | -0.14 | -0.31 | -0.34 | -0.23 |
Long Term Returns
| % | Year to Date | 1 year | 3 years ann. | 5 years ann. | Since inception ann. |
|---|---|---|---|---|---|
| Short Term | -0.36 | -0.56 | 0.15 | 0.60 | 2.38 |
Risk Figures
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Standard Deviation | 0.77 | 0.66 | 1.00 |
Risk Indicator
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Information
| ISIN | DK0060878098 |
|---|---|
| Domicile | Denmark |
| Advisor | HP Fondsmæglerselskab |
| Administrator | Nykredit Portefølje Administration |
| Inception Date | 05-07-2017 |
| Depository | Nykredit Bank |
| Risk indicator | Yellow |
| NAV (in mio. DKK) | 58.18 DKK |
| Investment Horizon | Minimum 1 year |
| Duration | 2.04 |
| Income Distributing | Yes |
| UCITS | Yes |
| Risk indicator | Yellow |
|---|---|
| NAV (in mio. DKK) | 58.18 DKK |
| Investment Horizon | Minimum 1 year |
| Duration | 2.04 |
| Income Distributing | Yes |
| UCITS | Yes |
Benchmark
| Benchmark | Nordea GCM 2Y IR DKK 35% + Nordea MCM 3Y 65% |
|---|
Expenses
| Entry charges | 0.10% |
|---|---|
| Exit charges | 0.10% |
| Indirect transaction costs | 0.00% |
| Performance Fee | 0.00% |
| Ongoing charges | 0.30% |
Distributions
| Date | Distribution | Denomination |
|---|---|---|
| 22 Jan 2021 | 0.30 | 100 DKK |
| 24 Jan 2020 | 1.00 | 100 DKK |
| 24 Jan 2019 | 0.30 | 100 DKK |
| 25 Jan 2018 | 1.40 | 100 DKK |
| 17 Jan 2017 | 0.80 | 100 DKK |
| 4 May 2015 | 1.30 | 100 DKK |
| 1 May 2014 | 3.10 | 100 DKK |
| 22 Apr 2013 | 4.00 | 100 DKK |
| 27 Apr 2012 | 2.50 | 100 DKK |
| 18 Apr 2011 | 2.25 | 100 DKK |
| 30 Sep 2010 | 1.75 | 100 DKK |
| 26 Apr 2010 | 4.25 | 100 DKK |
| 24 Sep 2009 | 1.75 | 100 DKK |
| 1 May 2009 | 2.25 | 100 DKK |
Holdings
| Name | Currency | Percent | ISIN |
|---|---|---|---|
| Denmark (Kingdom Of) 0.1% | DKK | 16.51% | DK0009922916 |
| Nykredit Realkredit A/S 0.2% | DKK | 16.34% | DK0009515959 |
| Foroya Landsstyri 0.5% | DKK | 13.62% | DK0030381223 |
| Jyske Realkredit A/S | DKK | 9.41% | DK0009398893 |
| Danmarks Skibskredit A/S 0.46% | DKK | 9.30% | DK0004131869 |
| Foroya Landsstyri 0.12% | DKK | 8.24% | DK0030467022 |
| Realkredit Danmark A/S 3% | DKK | 7.28% | DK0009289845 |
| Foroya Landsstyri 0.62% | DKK | 7.25% | DK0030400700 |
| Realkredit Danmark A/S 2% | DKK | 6.52% | DK0004606563 |
| Realkredit Danmark A/S 0% | DKK | 5.54% | DK0009275703 |