Short Term Danish Bonds
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 the investor who wishes a safe investment as an alternative to a cash deposit. Positions are primarily taken in bonds denominated issued by Danish government and Danish mortgage institutions. Furthermore, the fund can invest up to 15 % in credit bond issued by Danish institutions in DKK. 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 | -0.22 | -0.30 | 0.18 |
Standard Deviation | 2.60 | 2.29 | 1.67 |
Tracking Error | 1.42 | 1.40 | 1.08 |
Information Ratio | 1.03 | 0.73 | 0.96 |
Risk Indicator
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Information
ISIN | DK0061150984 |
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Domicile | Denmark |
Advisor | HP Fondsmæglerselskab |
Administrator | Wealth Fund Partners |
Inception Date | 18-12-2019 |
Depository | SEB |
Risk indicator | Yellow |
NAV (in mio. DKK) | 2,472.11 DKK |
Investment Horizon | Minimum 2 years |
Duration | 2.74 |
Income Distributing | Yes |
UCITS | Yes |
Risk indicator | Yellow |
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NAV (in mio. DKK) | 2,472.11 DKK |
Investment Horizon | Minimum 2 years |
Duration | 2.74 |
Income Distributing | Yes |
UCITS | Yes |
Expenses
Entry charges | 0.00% |
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Exit charges | 0.00% |
Indirect transaction costs | 0.05% |
Performance Fee | 0.00% |
Ongoing charges | 0.22% |
Distributions
Date | Distribution | Denomination |
---|---|---|
5 Feb 2025 | 3.80 | 100 DKK |
26 Jan 2022 | 0.10 | 100 DKK |
Holdings
Name | Currency | Percent | ISIN |
---|---|---|---|
Jyske Realkredit A/S 5% | DKK | 13.79% | DK0009409419 |
Nykredit Realkredit A/S 5% | DKK | 13.77% | DK0009541013 |
Faroe (Government of) 0.12% | DKK | 11.71% | DK0030467022 |
Realkredit Danmark A/S 5% | DKK | 11.00% | DK0004627056 |
Danmarks Skibskredit A/S 4.23% | DKK | 10.45% | DK0004133568 |
Nykredit Realkredit A/S 1% | DKK | 8.32% | DK0004924347 |
Realkredit Danmark A/S 1% | DKK | 8.15% | DK0004610243 |
Nykredit Realkredit A/S 0.5% | DKK | 7.82% | DK0004924933 |
Nordea Kredit Realkreditaktieselskab 1% | DKK | 7.80% | DK0002058692 |
Nordea Kredit Realkreditaktieselskab 5% | DKK | 7.21% | DK0002058429 |