Objectives

The target of investment activities is to achieve long-term value increase on the invested assets through active asset management pursuant to the Act on Common Funds and the fund's regulations.

Investment policy

The investments are diversified in bonds and other interest-bearing securities that are euro-denominated and primarily issued by governments in the European Economic Area. The Fund uses derivatives as part of its investment activities. Returns are sought by taking an active view of e.g. general interest rates, the yield spreads of issuer countries and different securities and the shape of yield curves. The modified duration, which describes the interest rate risk of investments, is the benchmark duration +/- 3 years. The fund is categorised as article 8 under SFDR and promotes environmental and/or social characteristics, as well as good governance practices, through screening, exclusions, investment analysis and decision-making as well as active ownership. The fund follows Danske Invest's responsible investment policy. The returns, such as interest, will be reinvested. The fund's base currency is the euro.

It is generally expected that the fund's holdings may differ significantly from those of the benchmark, e.g. in relation to issuer, credit quality, countries and duration. The fund's performance may therefore differ from the benchmark. The fund suits investors who seek steady long-term value increase. The fund is well-suited as an alternative to direct bond investments. Investors must accept that the fund's value may also fall. Investors may subscribe for and redeem fund units on every banking day.

Recommendation: This fund may not be appropriate for investors who plan to withdraw their money within 3 years.