Fact sheet: JI Danish Bonds CL

Fund information
Fund name
JI Danish Bonds CL
Fund manager company
Jyske Invest International
Fund type
No data available.
Fund managers
  • Peter Bune Juhlsince 01/11/2011
Fund objective
The fund's assets are chiefly invested directly and indirectly in DKK-denominated bonds. Investment is primarily made in bonds issued by or guaranteed by states, mortgage-credit institutions and international organisations.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
3.1%
1 Year rank in sector
2/3
Sector
FO Fixed Int - Other Single Government
Yield
-
Fund size
£364m (£398m 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.
70
Top in this sector
Fund name1 Year
Boost Gilts 10Y 3x Leverage Dly ETP13%
Vanguard JpnGvBdIdx4.3%
JI Danish Bonds CL3.1%
JI Swedish Bonds CL2.4%
...more in FO Fixed Int - Other Single Government

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.8%-1%0.7%3.1%8.8%17%
Sector-1.1%-1.4%-0.3%7.4%5.6%1.6%
Rank within sector1 / 32 / 32 / 32 / 32 / 32 / 3
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund3.6%-1.2%7%-0.3%7.1%
Sector8.9%-5.6%3.4%-6.3%1.5%
Rank within sector3 / 32 / 32 / 32 / 31 / 3
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.
3.31
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.
0.08
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.
-
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%.
2.49
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.
6.62
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.
0.28
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.
0.04
Price movement
52 week high254.57
52 week low241.39
Current bid price-
Current offer price-
Current mid price250.14
Region
1Europe100%
Industry sector
1Financials100%
Asset type
1European Fixed Interest100%
Individual holdings
1DENMARK(KINGDOM OF) 0.1% BDS 15/11/23 DKK0.018.11%
2BRFKREDIT 1.5% NTS 01/10/37 DKK0.015.92%
3NORDEA KREDIT REALKREDITAKTIESELSK 2 10/01/20475.81%
4NORDEA REALKREDIT 1.5% BDS 01/10/37 DKK10004.09%
5BRFKREDIT 2% BDS 01/10/47 DKK0.014.04%
6NYKREDIT REALKREDIT AS 2% NTS 01/10/32 DKK0.014.02%
7NYKREDIT REALKREDIT AS 2.5% BDS 10/01/37 DKK0.013.84%
8NORDEA KREDIT REALKREDITAKTIESELSKA 2% BDS 10/01/32 DKK0.013.55%
9DENMARK(KINGDOM OF) 3% BDS 15/11/21 DKK0.013.5%
Management
Fund manager group
Jyske Invest International
Fund manager company
Jyske Invest International
Fund type
No data available.
Fund objective
The fund's assets are chiefly invested directly and indirectly in DKK-denominated bonds. Investment is primarily made in bonds issued by or guaranteed by states, mortgage-credit institutions and international organisations.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Peter Bune Juhl01/11/2011Holds a Master in Economics from the Aarhus School of Business. She started working in 1991 as an assistant trader for A.G. Edwards & Sons in Washington DK. From 1994 to 1998 Benedikte worked as a market maker for Mortgage Backed Bonds at Danske Bank. In 1998 she moved to BG Bank to work as a Fixed Income Portfolio Manager. From 2001 to 2006 Benedikte managed a reserve of more than 15 bn. EUR at the Danish Central Bank invested primarily in G7 bonds. In April 2006 she joined Jyske Invest.
Compliance
Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Switzerland, Germany, Denmark, Spain, United Kingdom, Gibraltar, Luxembourg, Netherlands, Norway, Offshore, Sweden
JI Danish Bonds CL
Initial charge1%
Annual charge0.55%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.73%
Bid price-
Offer price-
Mid price250.14
CurrencyDKK
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZZ95
Data provided by

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