Danske Invest SICAV

Multi Asset Inflation Strategy Class A

Morningstar Rating : - Funds promoting environmental or social characteristics

- ISIN: LU1916065078

33.038

NAV as of 15.04.2024

-0.41%

Return 1 day

-0.15%

Return 1 month

-0.99%

Return (year-to-date)

Objectives and investment policy

Objectives

The objective of this fund is to achieve a return in excess of inflation (real return) in EUR over a 3 to 5-year period. The share class is accumulating.

Investment policy

The fund gains most of its exposure to investment grade bonds from anywhere in the world, including emerging markets, by investing directly in securities or indirectly, through derivatives and other funds. The fund may also invest in equities.

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.

In actively managing the fund’s portfolio, the management team applies a flexible and dynamic asset allocation (including both strategic and tactical asset allocation) that seeks to take full advantage of market changes and opportunities, and to protect the fund against inflation.

The fund may use derivatives for hedging and efficient portfolio management, as well as for investment purposes.

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

Funds promoting environmental or social characteristics (Article 8)
This type of fund promotes environmental (E) or social (S) conditions and ensures good governance practices (G). Depending on the fund's investment strategy, this may be done through screening, exclusion, inclusion and active ownership. The funds may partially invest in sustainable investments, but making sustainable investments is not their goal.
Funds that promote environmental or social characteristics are subject to the disclosure requirements set out in Article 8 of the EU's regulation on sustainability-related disclosures in the financial services sector.

Return

Multi Asset Inflation Strategy Class A

Advanced options

Past performance is not a reliable indicator of future results. Future returns may be negative. The return may increase and decrease as a result of currency fluctuations if the fund is issued in a currency other than the currency used in the country in which you are domiciled.

Risk indicator

Lower risk

Higher risk

Typically lower return

Typically higher return

The summary risk indicator is a guide to the level of risk of this product compared to other products. It shows how likely it is that the product will lose money because of movements in the markets or because we are not able to pay you.

This classification may change and may not reliably indicate the future risk profile of the fund. The lowest category does not mean risk free.

This product does not include any protection from future market performance so you could lose some or all of your investment.

Value of

Click to change the amount

€

0 years

years

5 years

years

€

of which n/a € in dividends.
Total charges during the period: n/a €.

Value of EUR 100

Periode	Værdi
1 year running	EUR 103.60
3 years running	EUR 99.19
5 years running	EUR 101.72

Manager

Søren Mose Nielsen

Title: Chief Portfolio Manager

Background: M.Sc. (Economics)

Years of experience: 17

Danske Bank Asset Management is an international asset manager and part of the Danske Bank Group.

Danske Bank Asset Management is Danske Invest’s main investment manager. Danske Bank Asset Management focuses its resources on selected core investment areas. These areas are Nordic equities, European equities, Eastern European equities, global equities, Nordic fixed income, European corporate bonds, global inflation-linked bonds, emerging markets debt as well as index based investments. Danske Bank Asset Management also manages hedge fund strategies within both equities and fixed income.

Asset allocation as of 29.02.2024

Please note that all holdings are delayed with 1 month.

Asset types Regions Countries Currency Sectors Duration

Multi Asset Inflation Strategy Class A

Holdings as of 29.02.2024

Name of investment/security	Weight	Type	Currency	Country	ISIN code
AUSTRALIAN GOVERNMENT 2.5% 20.09.2030	000000000000009.299.29%	Bonds	AUD	Australia	AU0000XCLWV6
Danske Invest Select Global Equity Solution - Akkumulerende, klasse DKK W	000000000000009.279.27%	Mutual funds	DKK	Denmark	DK0060507432
FRANCE (GOVT OF) 0.1% 01.03.2029	000000000000007.247.24%	Bonds	EUR	France	FR0013410552
TSY INFL IX N/B 1.125% 15.01.2033	000000000000006.306.30%	Bonds	USD	USA	US91282CGK18
TSY INFL IX N/B 0.75% 15.07.2028	000000000000006.156.15%	Bonds	USD	USA	US912828Y388
DEUTSCHLAND I/L BOND 0.1% 15.04.2033	000000000000006.146.14%	Bonds	EUR	Germany	DE0001030583
TSY INFL IX N/B 0.125% 15.04.2025	000000000000005.385.38%	Bonds	USD	USA	US912828ZJ22
Danske Invest Emerging Markets Debt Hard Currency - Accumulating, class EUR W h	000000000000005.165.16%	Mutual funds	EUR	Denmark	DK0060791994
Danske Invest Global High Yield Bonds - Accumulating, class EUR W h	000000000000005.105.10%	Mutual funds	EUR	Denmark	DK0060788420
AUSTRALIAN GOVERNMENT 2% 21.08.2035	000000000000004.974.97%	Bonds	AUD	Australia	AU000XCLWAF4

View entire list

Please note that all holdings are delayed with 1 month.

Charges

The charges you pay are used to cover the costs of running the fund, including marketing costs and distribution. These charges reduce the potential growth of your investment.

Charges taken from the fund over a year

Ongoing charge1.17%
Performance fee0.00%

One-off charges taken before or after you invest

Max. entry charge3.00%
Max. exit charge1.00%

Other charges *)

Management fee0.90%

*) Other charges are charges which entirely or partially are included in the ongoing charges and/or one-off charges.

Multi Asset Inflation Strategy Class A

Facts about the fund

Basic information

ISIN code	LU1916065078
Listed on stock exchange	No
Sub-fund of	Danske Invest SICAV
Fund domicile	Luxembourg
Dividends	No
Management company	Danske Invest Management A/S
Man. company domicile	Denmark
Depositary	J.P. Morgan
Currency	EUR
Price method	Single Price
Legal type	UCITS
Launch date	15.03.2019
Marketing permission	Finland, Luxembourg, Sweden, Norway, Denmark
Class of	Multi Asset Inflation Strategy
Other classes	Multi Asset Inflation Strategy Class A-sek h Multi Asset Inflation Strategy Class I Multi Asset Inflation Strategy Class WA

Profile

Today's figures

Risk key figures as of 27.03.2024

	1 year	3 years	5 years
Avg. annual return (%)	3.60	-0.27	0.34
Sharpe Ratio		-0.26	-0.06
Volatility		6.83	6.77
Calculation is based on end-of-month data.

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Profile	Actively managed
Type	Mixed
Investment area	Global
Benchmark	The fund has no benchmark.
Recommended investment horizon	3 years

Total assets, mill. EUR as of 15.04.2024	6.99
Shareclass total assets, mill. EUR as of 15.04.2024	6.91
Net asset value (NAV) EUR as of 15.04.2024	33.038

Products

Returns

Prices & returns

Holdings

Charges

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Return

Value of

Click to change the amount

€

€

Value of EUR 100

Søren Mose Nielsen

Asset allocation as of 29.02.2024

Multi Asset Inflation Strategy Class A

Holdings as of 29.02.2024

Charges taken from the fund over a year

One-off charges taken before or after you invest

Other charges *)

Multi Asset Inflation Strategy Class A

Facts about the fund

Basic information

Profile

Today's figures

Risk key figures as of 27.03.2024

Download documents

Return

Value of Click to change the amount €

€

Value of EUR 100

Manager

Søren Mose Nielsen

Asset allocation as of 29.02.2024

Multi Asset Inflation Strategy Class A

Holdings as of 29.02.2024

Charges

Charges taken from the fund over a year

One-off charges taken before or after you invest

Other charges *)

Basic information

Profile

Today's figures

Risk key figures as of 27.03.2024

Download documents

Value of

Click to change the amount

€