hpinvest

Short Term Danish Mortgage 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 in bonds denominated issued by Danish government and Danish mortgage institutions

Returns

Short Term Danish Mortgage BondsBenchmark
1 yearLifetime

Annual Returns

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%202520242023
Short Term Danish Mortgage Bonds2.845.205.03
Benchmark2.504.524.53
Excess Return0.340.680.50

Short Term Returns

%1 week1 month3 months6 months
Short Term Danish Mortgage Bonds0.150.381.001.83
Benchmark0.000.240.711.33
Excess Return0.150.130.290.49

Long Term Returns

%Year to Date1 yearSince inception ann.
Short Term Danish Mortgage Bonds2.843.463.97
Benchmark2.503.163.62
Excess Return0.340.300.34

Risk Figures

Risk Indicator

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Information

ISINDK0061929205
DomicileDenmark
AdvisorHP Fondsmæglerselskab
AdministratorWealth Fund Partners
Inception Date01-12-2022
DepositorySEB
Risk indicatorYellow
NAV (in mio. DKK)916.26 DKK
Investment HorizonMinimum 3 years
Duration2.83
Income DistributingYes
UCITSYes
Risk indicatorYellow
NAV (in mio. DKK)916.26 DKK
Investment HorizonMinimum 3 years
Duration2.83
Income DistributingYes
UCITSYes

Benchmark

BenchmarkNordea MCM 3Y 50% + Nordea NCMCM 1Y 50% DKK

Expenses

Entry charges0.10%
Exit charges0.10%
Indirect transaction costs0.02%
Performance Fee0.00%
Ongoing charges0.37%

Distributions

DateDistributionDenomination
5 Feb 20254.30100 DKK
7 Feb 20243.20100 DKK

Holdings

NameCurrencyPercentISIN
Jyske Realkredit A/S 2.26%DKK16.80%DK0009412207
Nordea Kredit Realkreditaktieselskab 2.18%DKK16.77%DK0002062108
Faroe (Government of) 2.38%DKK11.00%DK0030549696
Realkredit Danmark A/S 3.5%DKK9.92%DK0004630274
Jyske Realkredit A/S 3.5%DKK8.83%DK0009416034
Nordea Kredit Realkreditaktieselskab 2.15%DKK8.08%DK0002060599
Denmark (Kingdom Of) 0.5%DKK7.95%DK0009923567
Realkredit Danmark A/S 1%DKK7.27%DK0004603891
Nykredit Realkredit A/S 2.48%DKK7.18%DK0009548968
Realkredit Danmark A/S 4%DKK6.20%DK0004627130

Facts

Fact Sheet

Download our fact sheet as PDF here:

Download Fact Sheet

Advisor

HP Fondsmæglerselskab
Bernstoffsgade 50
1577 København V