Fact sheet: Danske Danish Bond

Fund information
Fund name
Danske Danish Bond A
Fund manager company
Danske Invest LUX
Fund type
No data available.
Fund managers
  • Ulrik Carstenssince 01/01/2010
Fund objective
The objective of this fund is to generate a return at least equal to the return on medium-term Danish bonds. The fund is accumulating.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
0.8%
1 Year rank in sector
13/31
Sector
FO Fixed Int - Other Single Currency
Yield
-
Fund size
£301m (£265m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
68
Top in this sector
Fund name1 Year
HSBC GIF Brazil Bond36.9%
Aberdeen Gbl Brazil Bond29.6%
Baring China Bond17.1%
Aberdeen Gbl Indian Bond12.2%
PrivEd Inc Partn RMB Debt2.9%
...more in FO Fixed Int - Other Single Currency

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.7%-1.1%-0.4%0.8%2.9%7.6%
Sector-1.8%-2.2%-0.6%1%4.7%9.9%
Rank within sector9 / 319 / 3116 / 3113 / 3113 / 2413 / 21
Quartile2nd2nd3rd2nd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund1.1%-0.9%3.2%0.2%3.5%
Sector1.6%-0.9%4.2%-0.3%4.3%
Rank within sector13 / 3115 / 2711 / 2413 / 2213 / 21
Quartile2nd3rd2nd3rd3rd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
0.32
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.45
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-0
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
1.39
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
1.54
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-0.38
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.41
Price movement
52 week high408.52
52 week low397.69
Current bid price-
Current offer price-
Current mid price402.49
Region
1Denmark100%
Industry sector
1Fixed Interest100%
Asset type
1Danish Fixed Interest100%
Individual holdings
13,00 DANSK STATSLÅN ST LÅN (INK) 20217.9%
2BYGGERIETS REALKREDITFOND (NO MIN/NO MAX) NTS 1/10/2038 DKK0.017.8%
3NYKREDIT REALKREDIT AS FRN 01/10/38 DKK1000007.5%
42,00 NORDEA ANNUITETSLÅN 20376.2%
5REALKREDIT DANMARK 2% BDS 01/10/47 DKK0.015.8%
6REALKREDIT DANMARK FLTG RATE NTS 01/10/38 DKK1000004.8%
72,00 REALKREDIT DANMARK 22S.S 20373.8%
8NYKREDIT VAR. 33D 500CF6 20383.7%
92,50 BRFKREDIT 111.E 20373.5%
Management
Fund manager group
Danske Invest LUX
Fund manager company
Danske Invest LUX
Fund type
No data available.
Fund objective
The objective of this fund is to generate a return at least equal to the return on medium-term Danish bonds. The fund is accumulating.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Ulrik Carstens01/01/2010The investments are selected and monitored by Danske Capital's Danish Fixed Income Team. The team consists of 12 experienced portfolio managers. The responsibility for the portfolio's investments lies with Senior Portfolio Manager Ulrik Carstens. Ulrik Carstens holds a Master of Science in Economics.
Compliance
Transparent for Swiss Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Switzerland, Germany, United Kingdom, Ireland, Luxembourg, Norway, Offshore, Sweden
Danske Danish Bond A
Initial charge-
Annual charge0.8%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.06%
Bid price-
Offer price-
Mid price402.49
CurrencyDKK
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDN54
Danske Danish Bond A Dis
Initial charge-
Annual charge0.8%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.06%
Bid price-
Offer price-
Mid price117.67
CurrencyDKK
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeDN55
Data provided by

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