Fact sheet: Danske Danish Mortg Bond

Fund information
Fund name
Danske Danish Mortgage Bond A
Fund manager company
Danske Invest LUX
Fund type
No data available.
Fund managers
  • Ulrik Carstenssince 01/02/2010
Fund objective
The objective of this fund is to generate a return at least equal to the return on long-term Danish bonds. The fund is accumulating.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
2.7%
1 Year rank in sector
2/2
Sector
FO Fixed Int - Other Single Securitised
Yield
-
Fund size
£1,651m (£480m 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.
71
Top in this sector
Fund name1 Year
Nordea 1 Danish Mortgage Bd3.2%
Danske Danish Mortg Bond2.7%
...more in FO Fixed Int - Other Single Securitised

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.2%-2.1%-0.2%2.7%7%12.7%
Sector-1.1%-1.9%-0.1%3%6.2%13.9%
Rank within sector2 / 22 / 22 / 22 / 22 / 22 / 2
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund3.1%-1.4%5.3%-0.1%4.1%
Sector3.3%-1.8%4.8%0.7%5.4%
Rank within sector2 / 21 / 22 / 21 / 22 / 2
Quartile
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.
0.34
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.
0.96
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%.
2.36
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.
0.76
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.
0.34
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.
0.9
Price movement
52 week high229.33
52 week low217.27
Current bid price-
Current offer price-
Current mid price224.15
Region
1Denmark100%
Industry sector
1Fixed Interest100%
Asset type
1Danish Fixed Interest100%
Individual holdings
12.50 NORDEA ANNUITETSLÅN 20479.1%
22.00 BRFKREDIT 111.E 20376%
3DANSK STATSLÅN ST LÅN (INK) 4.50% 2039 5.8%
4NORDEA KREDIT REALKREDITAKTIESELSKA 2.5% BDS 01/10/34 DKK0.015.3%
51.50 BRFKREDIT 111.E 20474.9%
61.50 NYKREDIT 01E A 20474.2%
7VAR. REALKREDIT DANMARK 41S.R.O.A 20394.2%
81.50 REALKREDIT DANMARK 22S.S 20373.9%
9DANMARKS SKIBSKREDITFOND VAR. SK19 20193.8%
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 long-term Danish bonds. The fund is accumulating.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Ulrik Carstens01/02/2010The 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 Mortgage 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 price224.15
CurrencyDKK
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDN57
Danske Danish Mortgage 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 price101.86
CurrencyDKK
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFP88
Danske Danish Mortgage Bond A H EUR
Initial charge-
Annual charge0.8%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.04%
Bid price-
Offer price-
Mid price11.03
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF1QF
Danske Danish Mortgage Bond A H NOK
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 price169.14
CurrencyNOK
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDZE5
Danske Danish Mortgage Bond A H SEK
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 price152.33
CurrencySEK
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDZE6
Danske Danish Mortgage Bond I
Initial charge-
Annual charge0.2%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.31%
Bid price-
Offer price-
Mid price120.83
CurrencyDKK
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMVI3
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.