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Danske Invest PCC Limited

Hedge Fixed Income Relative Value Fund, USD Sub-Class

Funds promoting environmental or social characteristics - ISIN: GG00BP268062
Documents
Factsheet
Key Information Document (PRIIPs)
Articles of incorporation
Prospectus
Supplemental scheme particulars
Sustainability-related disclosure
Complaints procedure
Investor rights
04.11.2024 Important investor information: New subscriptions or conversions in the fund are currently closed.

2,192.21

NAV as of 11.11.2024

-0.16%

Return 1 day

-1.86%

Return 1 month

+15.27%

Return (year-to-date)

Objectives and investment policy

Important information about this fund

Objectives

The objective of the fund is to generate absolute returns. The share class is accumulating.

Investment policy

The fund mainly invests in long and short positions in bonds and other debt instruments listed or traded on a recognized market and are issued by credit institutions and governments in OECD countries.

The fund utilises to a large extent financial derivative instruments and leverage for risk taking or hedging purposes.

The gross exposure is capped at 150 times the value of net assets.

The investment strategy is active. This means that there may be significant differences in the return relative to the alternative investment fund's target.

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.

Fund shares can normally be redeemed on banking days.

Recommendation: This alternative investment 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

Hedge Fixed Income Relative Value Fund, USD Sub-Class
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Compare with other fund ...
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Alternatives - Global Future Class C pDanske Invest SICAV - SIF
Alternatives - Global Future Class C-sek h pDanske Invest SICAV - SIF
Alternatives - Global Private Credit Class C pDanske Invest SICAV - SIF
Alternatives - Global Private Credit Class C-sek h pDanske Invest SICAV - SIF
Alternatives - Global Private Credit Class W pDanske Invest SICAV - SIF
Alternatives - Global Private Equity Class C pDanske Invest SICAV - SIF
Alternatives - Global Private Equity Class C-sek h pDanske Invest SICAV - SIF
Alternatives - Global Private Equity Class W pDanske Invest SICAV - SIF
Europe Long-Short Equity Factors Class A pDanske Invest SICAV
Europe Long-Short Equity Factors Class A-nok h pDanske Invest SICAV
Europe Long-Short Equity Factors Class A-sek h pDanske Invest SICAV
Fixed Income Global Value Class C pDanske Invest SICAV - SIF
Fixed Income Global Value Class C-sek h pDanske Invest SICAV - SIF
Fixed Income Global Value Class W pDanske Invest SICAV - SIF
Global Alternative Opportunities Class A pDanske Invest SICAV
Global Alternative Opportunities Class A-sek h pDanske Invest SICAV
Global Alternative Opportunities Class I pDanske Invest SICAV
Global Alternative Opportunities Class WA pDanske Invest SICAV
Global Alternative Opportunities Class WI pDanske Invest SICAV
Global Alternative Opportunities Class WI-nok h pDanske Invest SICAV
Global Alternative Opportunities Class WI-sek h pDanske Invest SICAV
Global Cross Asset Volatility Class C pDanske Invest SICAV - SIF
Global Cross Asset Volatility Class C-sek h pDanske Invest SICAV - SIF
Global Cross Asset Volatility Class W pDanske Invest SICAV - SIF
Hedge Fixed Income Relative Value Fund, DKK Sub-ClassDanske Invest PCC Limited
Hedge Fixed Income Relative Value Fund, DKK Sub-Class WDanske Invest PCC Limited
Hedge Fixed Income Relative Value Fund, EUR Sub-ClassDanske Invest PCC Limited
Hedge Fixed Income Relative Value Fund, EUR Sub-Class WDanske Invest PCC Limited
Hedge Fixed Income Relative Value Fund, NOK Sub-Class WDanske Invest PCC Limited
Hedge Fixed Income Relative Value Fund, SEK Sub-ClassDanske Invest PCC Limited
Hedge Fixed Income Relative Value Fund, SEK Sub-Class WDanske Invest PCC Limited
Hedge Fixed Income Strategies Fund, DKK Sub-ClassDanske Invest PCC Limited
Hedge Fixed Income Strategies Fund, DKK Sub-Class ADanske Invest PCC Limited
Hedge Fixed Income Strategies Fund, DKK Sub-Class IDanske Invest PCC Limited
Hedge Fixed Income Strategies Fund, DKK Sub-Class WDanske Invest PCC Limited
Hedge Fixed Income Strategies Fund, EUR Sub-ClassDanske Invest PCC Limited
Hedge Fixed Income Strategies Fund, Obligationer Sub-ClassDanske Invest PCC Limited
Hedge Fixed Income Strategies Fund, Obligationer Sub-Class WDanske Invest PCC Limited
Hedge Fixed Income Strategies Fund, SEK Sub-ClassDanske Invest PCC Limited
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.

Monthly return

  2018 2019 2020 2021 2022 2023 2024
January + 0.76 + 2.54 + 0.97 + 1.96 – 1.37 + 4.58 + 1.71
February + 0.64 + 1.53 – 0.71 + 0.40 – 6.44 + 2.86 + 2.39
March + 0.13 + 0.64 – 8.30 + 0.74 – 2.35 – 1.70 + 3.35
April + 1.03 + 1.25 + 6.00 + 0.53 – 3.09 + 3.41 + 1.95
May + 0.31 + 0.13 + 4.64 – 0.05 – 2.96 – 0.08 + 2.28
June – 0.61 + 0.08 + 2.63 + 0.36 – 2.80 + 1.99 + 0.34
July + 1.28 + 0.02 + 1.95 – 0.57 + 1.09 + 3.11 + 2.08
August + 0.28 – 1.80 + 2.13 + 0.07 – 1.69 + 2.04 + 0.80
September + 0.66 + 1.84 + 0.53 + 0.41 – 8.76 + 1.85 + 1.27
October – 0.05 + 1.42 + 0.31 – 1.97 + 6.24 + 1.33 – 0.79
November – 0.30 + 0.71 + 2.02 – 0.22 + 9.95 + 3.89  
December – 0.90 + 0.91 + 0.74 + 1.99 + 2.40 + 1.67  

Risk indicator

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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
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0 years
years
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years

$

of which n/a $ in dividends.
Total charges during the period: n/a $. plus performance fee (if any).

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.
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Value of USD 100

PeriodeVærdi
1 year runningUSD 122.98
3 years runningUSD 135.31
5 years runningUSD 158.13
7 years runningUSD 177.60
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.
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Manager

Michael Petry

Title: Chief Portfolio Manager
Background: HD (Finansiering)
Years of experience: 29

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, 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.

Awards

with.Intelligence The Eurohedge Awards 2023

Winner of the The Eurohedge Awards 2023 (Fixed Income)
Danske Invest Hedge Fixed Income Relative Value Fund

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 charge1.10%
  • Performance fee
    20% of the outperformance against the hurdle rate.

One-off charges taken before or after you invest

  • Max. entry charge5.00%
  • Max. exit charge5.00%

Other charges *)

*) Other charges are charges which entirely or partially are included in the ongoing charges and/or one-off charges.
Hedge Fixed Income Relative Value Fund, USD Sub-Class

Facts about the fund

  • Basic information

    Basic information

    ISIN code GG00BP268062
    Listed on stock exchange No
    Sub-fund of Danske Invest PCC Limited
    Fund domicile Guernsey
    Dividends No
    Management company Danske Invest Management A/S
    Man. company domicile Denmark
    Depositary J.P. Morgan
    Minimum initial investment USD 1,000
    Currency USD
    Price method Single Price
    Legal type AIF
    Launch date 26.01.2015
    Marketing permission (Retail) Sweden, Denmark
    Marketing permission (Professional) Sweden, Denmark, Guernsey
    Class of Danske Invest Hedge Fixed Income Relative Value Fund
    Other classes Hedge Fixed Income Relative Value Fund, DKK Sub-Class
    Hedge Fixed Income Relative Value Fund, DKK Sub-Class W
    Hedge Fixed Income Relative Value Fund, EUR Sub-Class
    Hedge Fixed Income Relative Value Fund, EUR Sub-Class W
    Hedge Fixed Income Relative Value Fund, NOK Sub-Class W
    Hedge Fixed Income Relative Value Fund, SEK Sub-Class
    Hedge Fixed Income Relative Value Fund, SEK Sub-Class W
  • Profile

    Profile

    Profile Actively managed
    Type Alternatives & other
    Investment area Global
    Benchmark The benchmark used as hurdle rate for performance fee calculation is the US Federal Funds effective rate. The alternative investment fund is managed without any constraint related to the benchmark.
    Recommended investment horizon 3 years
  • Today's figures

    Today's figures

    Total assets, mill. DKK as of 11.11.2024 3,612.78
    Shareclass total assets, mill. USD as of 11.11.2024 5.83
    Net asset value (NAV) USD as of 11.11.2024 2,192.21
  • Risk key figures as of 31.10.2024

    Risk key figures as of 31.10.2024

      1 year 3 years 5 years 7 years 10 years
    Avg. annual return (%) 22.98 10.60 9.60 8.55
    Sharpe Ratio 0.54 0.63 0.64
    Volatility 11.47 10.46 9.01
    Tracking Error
    Information Ratio
    Calculation is based on end-of-month data.
  • Download documents

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Disclaimer

Please note that these products are restricted to investors fulfilling specific requirements in regard to invested amount as well as investor types. These restrictions could be a requirement to be a “Qualified Investor” for ICAV’s;  a “Well-informed Investor” for SICAV SIF’s or similar national requirements. These requirements are always fully described in the prospectus and other fund documentation.

The contents of this site are for information purposes only. Any information or opinions contained herein are based on information obtained from sources believed to be reliable but which have not been independently verified. Danske Bank makes no guarantee, representation or warranty and accepts no responsibility or liability as to its accuracy and completeness.

In no circumstances should any information at this site be construed as an offer to purchase or sell shares  in the sub-funds. Subscriptions for shares in the funds will be accepted only on the basis of the most recent prospectus, which is available on this site. Danske Bank accepts no liability for any damages or losses arising from the use of this site or its contents. Readers should not act upon any material contained herein and should seek independent advice whenever necessary.

Any information given or representation made by any dealer, salesman or other person which is (in either case) not contained herein should be regarded as unauthorised and, accordingly, should not be relied upon. Neither the delivery of this prospectus etc. nor the offer, issue or sale of participating shares shall, under any circumstances, constitute a representation that the information contained in this prospectus is correct as of any time subsequent to the date hereof.

Prices, rates and values are provided for information purposes only and are indicative unless otherwise stated. Such prices, rates and values do not necessarily represent the terms at which a new transaction can be executed or an existing transaction can be liquidated. Historical returns are no guarantee of future returns.

Potential subscribers of Participating Shares should inform themselves as to:

(a) the possible tax consequences;
(b) the legal requirements; and
(c) any foreign exchange restrictions or exchange control requirements which they might encounter under the laws of the countries of their citizenship, residence, incorporation or domicile and which might be relevant to the subscription, holding, or disposal of Participating shares.

Any products, services, information or opinions mentioned on this site are not intended for distribution to, or use by, any person in any jurisdiction or country where such distribution or use would be unlawful and, specifically, are not intended for any U.S. person within the meaning of the United States Securities Act of 1933, as amended nor any person in the United Kingdom.

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