Fact sheet: Danske Gbl Corporate Bond

Fund information
Fund name
Danske Global Corporate Bond A
Fund manager company
Danske Invest LUX
Fund type
No data available.
Fund managers
  • Andreas Dankelsince 18/12/2014
Fund objective
The objective of this fund is to generate a return at least equal to the return on international corporate bonds. The fund is accumulating.
Benchmark
  • Barclays Capital Euro-Aggregate 500 MM Corp A-BBB
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
6.8%
1 Year rank in sector
20/61
Sector
FO Fixed Int - EUR Investment Grade
Yield
-
Fund size
£200m (£227m 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.
62
Top in this sector
Fund name1 Year
Capital Group EBdFL26.7%
Russell IC II Euro FI25.1%
BlueBay Inv Grd € Govt Bd10.7%
Fidelity Core Euro Bond8.1%
Robeco Inv Grd Corp Bds7.9%
...more in FO Fixed Int - EUR Investment Grade

Performance snapshot

Holdings snapshot

  • International100%
  • Short dated bonds51%
    Medium dated bonds36.8%
    Very short dated bonds6.9%
    Long dated bonds5.3%
  • Global Fixed Interest100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0%2.5%3.7%6.8%16.3%42.4%
Sector-0.1%2.5%3.3%6.7%16.9%37.6%
Rank within sector18 / 6217 / 6218 / 6220 / 6129 / 561 / 48
Quartile2nd2nd2nd2nd3rd1st
Calendar performance
 YTD - 20162015201420132012
Fund6.1%-1%8.6%5%16.8%
Sector5.7%-0.2%8.9%3.4%15.2%
Rank within sector22 / 6148 / 6033 / 572 / 513 / 48
Quartile2nd4th3rd1st1st
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.
0.4
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.
0.91
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.
0.64
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%.
3.2
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.
1.49
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.
-0.06
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.
0.79
Price movement
52 week high38.27
52 week low35.38
Current bid price-
Current offer price-
Current mid price38.14
Region
1International100%
Industry sector
1Short dated bonds51%
2Medium dated bonds36.8%
3Very short dated bonds6.9%
4Long dated bonds5.3%
Asset type
1Global Fixed Interest100%
Individual holdings
1GAS NATURAL CAPITAL MARKETS SA 6% BDS 27/01/20 EUR10002.2%
22.0 ANHEUSER-BUSCH INBEV SA 29/3-2016/20281.7%
36,5 ENEL SOCIETA PER AZIONI 20/6-2007/20741.6%
44,625 TVO EMTN 4/2-2012/20191.3%
5AIR LIQUIDE FINANCE 0.75% BDS 13/06/24 USD1000001.3%
6AUTOSTRADE SPA 1.125% MTN 04/11/21 EUR1000001.3%
7GOLDMAN SACHS GROUP INC 2.5% BDS 18/10/21 EUR10001.2%
8NASDAQ INC 3.875% BDS 07/06/21 EUR1000001.2%
9VOLKSWAGEN FINANCIAL SERVICES AG 0.75% MTN 14/10/21 EUR10001.2%
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 international corporate bonds. The fund is accumulating.
Benchmark
  • Barclays Capital Euro-Aggregate 500 MM Corp A-BBB
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Andreas Dankel18/12/2014
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 Global Corporate 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)1.05%
Bid price-
Offer price-
Mid price38.136
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFM76
Danske Global Corporate 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)1.05%
Bid price-
Offer price-
Mid price147.92
CurrencyNOK
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeA03J
Danske Global Corporate 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)1.05%
Bid price-
Offer price-
Mid price158.24
CurrencySEK
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDZE2
Danske Global Corporate Bond I
Initial charge-
Annual charge0.8%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.31%
Bid price-
Offer price-
Mid price14.057
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code060J
Data provided by

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