Danske Invest Emerging Markets Equity Fund D Emerging market ...
Da nske Invest Emerg ing Markets Equit y Fund D Emerg ing market equit y funds
Risk class
Investment policy Fund
Low risk
High risk
Fund facts Value 31-03-2011 (EUR) 1.22573 ISIN FI0008809439 Distribution of income Yes Benchmark index MSCI World TR -index Web site www.danskeinvest.fi Launch 27-09-2005 Total assets , million (EUR) 180.66 Base currency EUR Minimum subscription 500 EUR
Subscription fee Redemption fee Management fee
1,00 % / 8 EUR 1,00 % / 8 EUR 0.50 %
Danske Invest Emerging Markets Equity is a fund solution for return-oriented investors who are looking for an investment solution on the emerging equity markets that is profitable, professionally managed and welldiversified. The fund is well-suited, for longterm investment, to experienced investors who can accept even substantial changes in the value of the fund from time to time. Due to its higher risk level than that of a normal mutual fund, the fund is recommended only as a small part of a diversified investment portfolio. The recommended investment horizon in the fund is more than five years. The assets of Danske Invest Emerging Markets Equity are invested in other mutual funds that invest globally in the emerging equity markets. In our core view, the geographical distribution of the funds equity investments is: 35% Emerging Asia, 35% Eastern Europe, 20% Latin America and 10% Middle East and Africa. We seek the best returns for the fund by modifying the distribution of investments in different market conditions in line with our view. The general performance of the global emerging equity markets is reflected in the value of the
Performance 31-03-2011
Benchmark index Unofficial MSCI Emerging Markets TR Net -Index (Until 30.4.2009 MSCI World TR -Index)
Portfolio manager Danske Capital, Sampo Bank plc
Major investments 31-03-2011 Issuer
Key f igures - 1 y 31-03-2011 Volatility (%) Sharpe Tracking error IR Alpha Beta Duration
16.408 1.07 7.066 0.283 3.75 0.844 -
Danske Invest Latin America K Danske Invest Itä-Eurooppa Konvergenssi K Danske Invest India K Danske Invest Russia K Danske Invest China K Fidelity Funds - Korea Fund A Danske Invest Gl.Emerg. Markets Small Cap A Danske Invest Emerging Asia K Fidelity South East Asia Fund (EUR) ING (L) Invest-Middle East & North Africa -Cap Other
%
13.27 % 12.20 % 10.23 % 9.85 % 8.52 % 7.33 % 4.79 % 3.82 % 3.78 % 3.50 % 22.72 %
Performance 31-03-2011 YTD 1 month 3 month 6 month 12 month 36 month Fund -4.72 1.85 -4.72 5.11 11.02 12.93 Benchmark index -3.99 2.92 -3.99 5.10 12.21 30.63
Start 8.21 3.95
This Fund Review is not an invitation to subscribe or redeem Fund units. Even though the aim has been to give reliable information, Sampo Bank and Sampo Fund Management Ltd guarantees neither the completeness nor correctness of the information contained in this Fund review nor shall be held liable for any errors or omissions in the information contained therein. Past mutual fund performance is no guarantee of future returns. The return and interest expectations used in the review are not intended to be perceived as promises of future returns or interest. Investment always involves fluctuation in value the value of an investment may either rise or fall and customers are therefore at risk of losing assets invested in a mutual fund. There is no guarantee of actual returns or that the performance of the investment will be in accordance with the expected returns or always positive. Before making an investment decision, customers should always familiarise themselves with the characteristics, expenses and risks of the mutual funds which are outlined in the simplified prospectuses, fund regulations and price list of mutual funds, for example. Funds simplified prospectus and regulations can be found from www.danskeinvest.fi
Da nske Invest Emerg ing Markets Equit y Fund D Emerg ing market equit y funds
Sector allocation/asset allocation
Portfolio manager review
nEquity funds 98.48% nOther 1.52%
Country allocation nEurope 67.01% nAsia 11.06% nNorth America 6.96% nLatin America 5.90% nAustralia 0.45% nAfrica 0.13% nOther 8.49%
Currency nEUR 39.67% nUSD 38.51% nINR 4.03% nHKD 3.80% nPLN 2.99% nKRW 2.30% nBRL 1.74% nOther 6.96%
Return
Holding type nFund 62.61% nStock market 32.38% nBonds 0.00% nOther 5.01% Return and dividends for individual years
2006
2007
2008
2009
2010
Fund Benchmark index
21.27 7.83
27.66 -1.70
-57.62 -37.54
76.66 43.63
29.60 27.87
This Fund Review is not an invitation to subscribe or redeem Fund units. Even though the aim has been to give reliable information, Sampo Bank and Sampo Fund Management Ltd guarantees neither the completeness nor correctness of the information contained in this Fund review nor shall be held liable for any errors or omissions in the information contained therein. Past mutual fund performance is no guarantee of future returns. The return and interest expectations used in the review are not intended to be perceived as promises of future returns or interest. Investment always involves fluctuation in value the value of an investment may either rise or fall and customers are therefore at risk of losing assets invested in a mutual fund. There is no guarantee of actual returns or that the performance of the investment will be in accordance with the expected returns or always positive. Before making an investment decision, customers should always familiarise themselves with the characteristics, expenses and risks of the mutual funds which are outlined in the simplified prospectuses, fund regulations and price list of mutual funds, for example. Funds
Risk class
Investment policy Fund
Low risk
High risk
Fund facts Value 31-03-2011 (EUR) 1.22573 ISIN FI0008809439 Distribution of income Yes Benchmark index MSCI World TR -index Web site www.danskeinvest.fi Launch 27-09-2005 Total assets , million (EUR) 180.66 Base currency EUR Minimum subscription 500 EUR
Subscription fee Redemption fee Management fee
1,00 % / 8 EUR 1,00 % / 8 EUR 0.50 %
Danske Invest Emerging Markets Equity is a fund solution for return-oriented investors who are looking for an investment solution on the emerging equity markets that is profitable, professionally managed and welldiversified. The fund is well-suited, for longterm investment, to experienced investors who can accept even substantial changes in the value of the fund from time to time. Due to its higher risk level than that of a normal mutual fund, the fund is recommended only as a small part of a diversified investment portfolio. The recommended investment horizon in the fund is more than five years. The assets of Danske Invest Emerging Markets Equity are invested in other mutual funds that invest globally in the emerging equity markets. In our core view, the geographical distribution of the funds equity investments is: 35% Emerging Asia, 35% Eastern Europe, 20% Latin America and 10% Middle East and Africa. We seek the best returns for the fund by modifying the distribution of investments in different market conditions in line with our view. The general performance of the global emerging equity markets is reflected in the value of the
Performance 31-03-2011
Benchmark index Unofficial MSCI Emerging Markets TR Net -Index (Until 30.4.2009 MSCI World TR -Index)
Portfolio manager Danske Capital, Sampo Bank plc
Major investments 31-03-2011 Issuer
Key f igures - 1 y 31-03-2011 Volatility (%) Sharpe Tracking error IR Alpha Beta Duration
16.408 1.07 7.066 0.283 3.75 0.844 -
Danske Invest Latin America K Danske Invest Itä-Eurooppa Konvergenssi K Danske Invest India K Danske Invest Russia K Danske Invest China K Fidelity Funds - Korea Fund A Danske Invest Gl.Emerg. Markets Small Cap A Danske Invest Emerging Asia K Fidelity South East Asia Fund (EUR) ING (L) Invest-Middle East & North Africa -Cap Other
%
13.27 % 12.20 % 10.23 % 9.85 % 8.52 % 7.33 % 4.79 % 3.82 % 3.78 % 3.50 % 22.72 %
Performance 31-03-2011 YTD 1 month 3 month 6 month 12 month 36 month Fund -4.72 1.85 -4.72 5.11 11.02 12.93 Benchmark index -3.99 2.92 -3.99 5.10 12.21 30.63
Start 8.21 3.95
This Fund Review is not an invitation to subscribe or redeem Fund units. Even though the aim has been to give reliable information, Sampo Bank and Sampo Fund Management Ltd guarantees neither the completeness nor correctness of the information contained in this Fund review nor shall be held liable for any errors or omissions in the information contained therein. Past mutual fund performance is no guarantee of future returns. The return and interest expectations used in the review are not intended to be perceived as promises of future returns or interest. Investment always involves fluctuation in value the value of an investment may either rise or fall and customers are therefore at risk of losing assets invested in a mutual fund. There is no guarantee of actual returns or that the performance of the investment will be in accordance with the expected returns or always positive. Before making an investment decision, customers should always familiarise themselves with the characteristics, expenses and risks of the mutual funds which are outlined in the simplified prospectuses, fund regulations and price list of mutual funds, for example. Funds simplified prospectus and regulations can be found from www.danskeinvest.fi
Da nske Invest Emerg ing Markets Equit y Fund D Emerg ing market equit y funds
Sector allocation/asset allocation
Portfolio manager review
nEquity funds 98.48% nOther 1.52%
Country allocation nEurope 67.01% nAsia 11.06% nNorth America 6.96% nLatin America 5.90% nAustralia 0.45% nAfrica 0.13% nOther 8.49%
Currency nEUR 39.67% nUSD 38.51% nINR 4.03% nHKD 3.80% nPLN 2.99% nKRW 2.30% nBRL 1.74% nOther 6.96%
Return
Holding type nFund 62.61% nStock market 32.38% nBonds 0.00% nOther 5.01% Return and dividends for individual years
2006
2007
2008
2009
2010
Fund Benchmark index
21.27 7.83
27.66 -1.70
-57.62 -37.54
76.66 43.63
29.60 27.87
This Fund Review is not an invitation to subscribe or redeem Fund units. Even though the aim has been to give reliable information, Sampo Bank and Sampo Fund Management Ltd guarantees neither the completeness nor correctness of the information contained in this Fund review nor shall be held liable for any errors or omissions in the information contained therein. Past mutual fund performance is no guarantee of future returns. The return and interest expectations used in the review are not intended to be perceived as promises of future returns or interest. Investment always involves fluctuation in value the value of an investment may either rise or fall and customers are therefore at risk of losing assets invested in a mutual fund. There is no guarantee of actual returns or that the performance of the investment will be in accordance with the expected returns or always positive. Before making an investment decision, customers should always familiarise themselves with the characteristics, expenses and risks of the mutual funds which are outlined in the simplified prospectuses, fund regulations and price list of mutual funds, for example. Funds
