Fact sheet: Danske European Bond

Fund information
Fund name
Danske European Bond A Inc
Fund manager company
Danske Invest LUX
Fund type
No data available.
Fund manager
  • Rikke Sechersince 04/07/1989
Fund objective
The objective of this fund is to generate a return at least equal to the return on European bonds. Dividends are normally distributed to investors each spring.
Benchmark
  • Barclays Capital Euro-Aggregate 500MM
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
1%
1 Year rank in sector
23/33
Sector
FO Fixed Int - EUR
Yield
-
Fund size
£37m (£30m 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.
73
Top in this sector
Fund name1 Year
Nordea 1 European Fin Debt14.2%
CS 1Lux Ctgt Cap Eur12.5%
Schroder ISF EURCrConv11.1%
Union Quoniam Sel SICV€Cr5.7%
BNP Paribas FlxSecuritisation5.5%
...more in FO Fixed Int - EUR

Performance snapshot

Holdings snapshot

  • No data available.
  • Short dated bonds47.3%
    Medium dated bonds44.6%
    Very short dated bonds7.8%
    Long dated bonds0.3%
  • European Fixed Interest100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.8%-0.4%-3.2%1%8%23%
Sector-0.2%0.4%-1.3%2.2%8.4%20.4%
Rank within sector29 / 3426 / 3424 / 3423 / 3321 / 3112 / 26
Quartile4th4th3rd3rd3rd2nd
Calendar performance
 YTD - 20172016201520142013
Fund-1%3%-1.8%10%2.5%
Sector-0.3%2.6%0%7.7%1.5%
Rank within sector26 / 3413 / 3331 / 3213 / 316 / 28
Quartile4th2nd4th2nd1st
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.
-1.16
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.
1.39
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%.
3.59
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.
1.74
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.
-0.09
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.
0.83
Price movement
52 week high12.16
52 week low11.66
Current bid price-
Current offer price-
Current mid price11.73
Region
No data available.
Industry sector
1Short dated bonds47.3%
2Medium dated bonds44.6%
3Very short dated bonds7.8%
4Long dated bonds0.3%
Asset type
1European Fixed Interest100%
Individual holdings
1ITALY(REPUBLIC OF) 5.5% BDS 01/11/22 EUR100011.6%
2SPAIN(KINGDOM OF) 5.5% NTS 30/04/21 EUR10009.3%
3ITALY(REPUBLIC OF) 3.75% BDS 01/08/21 EUR10006.4%
4SPAIN(KINGDOM OF) 4.4% BDS 31/10/23 EUR10004.7%
5ITALY(REPUBLIC OF) 2.5% BDS 01/12/24 EUR10003.2%
6AIB MORTGAGE BANK 0.875% MTN 04/02/23 EUR1000002.8%
7IRELAND(REPUBLIC OF) 3.4% TB 18/03/24 EUR2.7%
8CAISSE DE REFINANCEMENT L`HABITAT 5% BDS 08/04/19 EUR10002.5%
9FRANCE(GOVT OF) 1.75%2.4%
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 European bonds. Dividends are normally distributed to investors each spring.
Benchmark
  • Barclays Capital Euro-Aggregate 500MM
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Rikke Secher04/07/1989Rikke Secher holds a banking diploma in investments and has worked in the sector since 1990. She has been employed by Danske Capital since 1997.
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 European Bond A Acc
Initial charge-
Annual charge0.8%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.14%
Bid price-
Offer price-
Mid price20.118
CurrencyEUR
Price updated17/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDN59
Danske European Bond A Hedged Acc NOK
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price109.79
CurrencyNOK
Price updated17/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFK6X
Danske European Bond A Inc
Initial charge-
Annual charge0.8%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.14%
Bid price-
Offer price-
Mid price11.729
CurrencyEUR
Price updated17/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFD37
Data provided by

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