Fact sheet: Danske Swedish Bond

Fund information
Fund name
Danske Swedish Bond A
Fund manager company
Danske Invest LUX
Fund type
No data available.
Fund managers
  • Henrik Holminsince 01/04/2012
Fund objective
The objective of this fund is to generate a return at least equal to the return on medium-term Swedish bonds. The fund is accumulating.
Benchmark
  • OMRX Total Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
1.4%
1 Year rank in sector
25/32
Sector
FO Fixed Int - Other Single Currency
Yield
-
Fund size
£2,047m (£2,590m 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.
65
Top in this sector
Fund name1 Year
HSBC GIF Brazil Bond61%
Aberdeen Gbl Brazil Bond53.9%
Baring China Bond20.3%
Aberdeen Gbl Indian Bond9.8%
Stratton Street RenminbiBd UI9.2%
...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-0.3%0.9%1.2%1.4%8.6%10.8%
Sector0%1.4%2.4%4.5%8.1%12.2%
Rank within sector21 / 3314 / 3319 / 3325 / 328 / 258 / 20
Quartile3rd2nd3rd4th2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund2.4%-0.5%5.5%-0.3%2.8%
Sector4%-0.9%4.2%-0.3%4.3%
Rank within sector20 / 3313 / 297 / 2618 / 2418 / 22
Quartile3rd2nd2nd3rd4th
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.
1.11
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.
0.67
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%.
1.78
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.
1.45
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.
0.16
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.
0.44
Price movement
52 week high252.42
52 week low245.2
Current bid price-
Current offer price-
Current mid price251.26
Region
No data available.
Industry sector
1Fixed Interest100%
Asset type
1Swedish Fixed Interest100%
Individual holdings
13,00 SEB OBLIGATIONSLÅN 572 19/6-13/201911.5%
2SWEDBANK MORTGAGE AB 3.75% BDS 19/06/19 SEK100011.5%
3STADSHYPOTEK AB 4.25% MTN 17/06/20 SEK100000010.3%
4SWEDEN(KINGDOM OF) 5% BDS 1/12/20 SEK10009.2%
5KOMMUNINVEST I SVERIGE AB 4% BDS 12/08/17 SEK100008.2%
6SWEDEN(KINGDOM OF) 1% MTG BDS 11/12/26 SEK50007.3%
73,00 SEB OBLIGATIONSLÅN 571 20/6-12/20187%
8NORDEA HYPOTEK AB 2% BDS 20/06/18 SEK1000007%
93.50 SWEDISH GOVERNMENT S.1054 1/6-10/20226.6%
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 Swedish bonds. The fund is accumulating.
Benchmark
  • OMRX Total Index
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Henrik Holmin01/04/2012
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 Swedish 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%
Bid price-
Offer price-
Mid price251.26
CurrencySEK
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDN75
Danske Swedish Bond Y
Initial charge-
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.73%
Bid price-
Offer price-
Mid price139.82
CurrencySEK
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFZ16
Data provided by

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