hpinvest

Short Term Danish Bonds

To overview

Investment 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

Short Term DBBenchmark
1 year3 years5 yearsLifetime

Risk Figures

3 years5 years10 years
Sharpe-0.22-0.300.18
Standard Deviation2.602.291.67
Tracking Error1.421.401.08
Information Ratio1.030.730.96

Risk Indicator

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Information

ISINDK0061150984
DomicileDenmark
AdvisorHP Fondsmæglerselskab
AdministratorWealth Fund Partners
Inception Date18-12-2019
DepositorySEB
Risk indicatorYellow
NAV (in mio. DKK)2,472.11 DKK
Investment HorizonMinimum 2 years
Duration2.74
Income DistributingYes
UCITSYes
Risk indicatorYellow
NAV (in mio. DKK)2,472.11 DKK
Investment HorizonMinimum 2 years
Duration2.74
Income DistributingYes
UCITSYes

Expenses

Entry charges0.00%
Exit charges0.00%
Indirect transaction costs0.05%
Performance Fee0.00%
Ongoing charges0.22%

Distributions

DateDistributionDenomination
5 Feb 20253.80100 DKK
26 Jan 20220.10100 DKK

Holdings

NameCurrencyPercentISIN
Jyske Realkredit A/S 5%DKK13.79%DK0009409419
Nykredit Realkredit A/S 5%DKK13.77%DK0009541013
Faroe (Government of) 0.12%DKK11.71%DK0030467022
Realkredit Danmark A/S 5%DKK11.00%DK0004627056
Danmarks Skibskredit A/S 4.23%DKK10.45%DK0004133568
Nykredit Realkredit A/S 1%DKK8.32%DK0004924347
Realkredit Danmark A/S 1%DKK8.15%DK0004610243
Nykredit Realkredit A/S 0.5%DKK7.82%DK0004924933
Nordea Kredit Realkreditaktieselskab 1%DKK7.80%DK0002058692
Nordea Kredit Realkreditaktieselskab 5%DKK7.21%DK0002058429

Facts

Fact Sheet

Download our fact sheet as PDF here:

Download Fact Sheet

Advisor

HP Fondsmæglerselskab
Bernstoffsgade 50
1577 København V