Danske Invest

Date

Recommended holding period:	5 years
Example Investment:	EUR 10,000

		If you exit after 1 year	If you exit after 3 years	If you exit after 5 years
Stress	What you might get back after costs	EUR 7,367	EUR 8,913	EUR 9,412
Stress	Average return each year	-26.3 %	-10.9 %	-5.9 %
Unfavourable	What you might get back after costs	EUR 8,513	EUR 9,696	EUR 10,187
Unfavourable	Average return each year	-14.9 %	-3 %	1.9 %
Moderate	What you might get back after costs	EUR 10,409	EUR 11,253	EUR 12,703
Moderate	Average return each year	4.1 %	12.5 %	27 %
Favourable	What you might get back after costs	EUR 12,513	EUR 13,870	EUR 14,385
Favourable	Average return each year	25.1 %	38.7 %	43.9 %

Unfavourable scenario: This type of scenario occurred for an investment between 31.03.2015 and 31.03.2020.
Moderate scenario: This type of scenario occurred for an investment between 31.07.2019 and 31.07.2024.
Favourable scenario: This type of scenario occurred for an investment between 31.03.2020 and 31.03.2025.

Performance scenarios

Historic values