The target of investment activities is to achieve better-than-money-market value increase on the invested assets through active asset management pursuant to the Act on Common Funds and the fund's regulations.
The assets are invested in a diversified manner in short-term euro-denominated fixed income instruments (e.g. floating-rate and fixed-rate bonds, commercial paper or other fixed income products). These may be issued by banks, companies and governments, municipalities and other public organisations. The fund's modified duration, or interest rate risk, may be a maximum of 2. The credit rating of securities and money market instruments issued by a non-Nordic issuers or issuers not listed in Finland must be at least Moody´s Baa3 S&P BBB- or Fitch BBB-. The fund is categorized under SFDR as article 8 and promotes environmental and social characteristics, as well as good governance practices, through screening, restrictions, investment analysis and decision-making as well as active ownership. The fund follows Danske Invest’s responsible investment policy. The returns on the fund's investments, such as dividends and 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 is intended for institutional investors (e.g. for corporate cash management). In normal circumstances, the fund's risks are higher than in a money market fund, and the fund's value may also decrease. 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 1 years.