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Korte Danske Obligationer - KL A

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Investment Strategy

The fund invest so that the overall interest rate risk is low, the average modified duration must be below 3 years. Hence the fund is the natural choice for the investor who wishes a safe investment as an alternative to a cash deposit. Positions are primarily taken in bonds denominated issued by Danish government and Danish mortgage institutions. Furthermore, the fund can invest up to 15 % in credit bond issued by Danish institutions in DKK. Considering the current low yield environment, the focus is on capital preservation and the strategy will be very cautious.

Returns

Korte Danske Obl.Benchmark
1 year3 years5 yearsLifetime

Yearly Returns

%20212020201920182017201620152014201320122011201020092008
Korte Danske Obl.-0.400.550.280.871.511.88-0.321.662.514.294.503.708.535.73

Short Returns

%1 week1 month3 months6 months
Korte Danske Obl.0.05-0.07-0.47-0.46

Trailing Returns

%Year to Date1 year3 years ann.5 years ann.Since inception ann.
Korte Danske Obl.-0.400.770.390.762.63

Riscs

3 years5 years10 years
Sharpe0.961.711.91
Standard Deviation0.820.691.00
Tracking Error0.530.510.87
Information Ratio1.922.541.72

Risc Rating

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Key Figures

ISINDK0061150984
DomicileDenmark
AdvisorHP Fondsmæglerselskab
AdministratorNykredit Portefølje Administration
Inception Date18-12-2019
DepositoryNykredit Bank
Risc RatingYellow
NAV (in mio. DKK)335.76 DKK
Investment HorizonMinimum 2 years
Duration0.93
Income DistributingYes
UCITSYes
Risc RatingYellow
NAV (in mio. DKK)335.76 DKK
Investment HorizonMinimum 2 years
Duration0.93
Income DistributingYes
UCITSYes

Benchmark

BenchmarkNordea GCM 2Y IR DKK 35% + Nordea MCM 3Y 65%

Expenses

Emission Fee0.00%
Redemption Fee0.00%
Indirect Expenses0.06%
Performance Fee0.00%
Danish ÅOP0.25%

Portfolio

NameCurrencyPercentISIN
Nordea Kredit Realkreditaktieselskab 2%DKK21.16%DK0002039049
Denmark (Kingdom Of) 0.1%DKK15.86%DK0009922916
Foroya Landsstyri 0.12%DKK10.19%DK0030467022
Foroya Landsstyri 0%DKK10.09%DK0030466990
LR Realkredit A/S 1%DKK7.85%DK0004924347
Nordea Kredit Realkreditaktieselskab 2%DKK7.17%DK0002038744
Realkredit Danmark A/S 2%DKK7.06%DK0004606134
Jyske Realkredit A/S 0.74%DKK7.02%DK0009361701
Nykredit Realkredit A/S 3%DKK6.87%DK0009789570
Jyske Realkredit A/SDKK6.72%DK0009398893

Facts

Fact Sheet

Download our fact sheet as PDF here:

Download Fact Sheet

Advisor

HP Fondsmæglerselskab
Otto Mønsteds Plads 9
1780 København V