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 assets are invested in a diversified manner in euro-denominated bonds and other interest-bearing securities issued by European Economic Area governments. The modified duration, which describes the interest rate risk of investments, may be a maximum of 10. 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 as well as active ownership. The fund follows Danske Invest's responsible investment policy. The returns, such as dividends and interest, will be reinvested. The fund's base currency is the euro.

The investment strategy is passive, i.e. index-based. This means that the investments in the portfolio reflects the fund's benchmark index. As an investor you can expect that the return in general corresponds to the development in the index. The return will typically be slightly lower that the development in the index due to charges. The fund is mainly intended for institutional investors. The fund suits investors who seek steady long-term value increase on the invested assets and a diversified, index-like investment solution on the government bond market. The fund is well-suited as an alternative to direct bond investments. However, 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.