Danske Invest Global Tech Fund D Style and theme equity funds
Da nske Invest Global Tech Fund D St yle and theme equit y funds
Risk class
Investment policy Fund
Low risk
High risk
Fund facts Value 31-05-2011 (EUR) 0.10884 ISIN FI0008803150 Distribution of income Yes Benchmark index GS Tech -index Web site www.danskeinvest.fi Launch 31-12-1998 Total assets , million (EUR) 103.77 Base currency EUR Minimum subscription 500 EUR
Subscription fee Redemption fee TER 2010 Management fee
1,00 % / 8 EUR 1,00 % / 8 EUR 1,70 % 1.70 %
Danske Invest Global Tech is a mutual fund whose assets are invested globally, mainly in publicly traded equities and equity-linked securities of technology companies. Technology companies include companies operating, for example, in the telecommunications, information technology, biotechnology, electronics and communications technology sectors. The funds investment policy is based on active equity selection and the fund does not follow a predetermined geographical investment allocation. The fund is suitable as a longterm investment alternative for experienced investors who are seeking an investment alternative in the technology sector. The general global performance of technology companies is reflected in the value of the fund, which may fluctuate substantially. Due to its higher level of risk than in conventional mutual funds, the fund is recommended as a small part of a diversified investment portfolio. The recommended investment horizon in the fund is more than five years.
Performance 31-05-2011
Benchmark index Unofficial Goldman Sachs Technology Index
Portfolio manager Allianz Global Investors Europe GMBH
Major investments 31-05-2011 Issuer
Key f igures - 1 y 31-05-2011 Volatility (%) Sharpe Tracking error IR Alpha Beta Duration
22.64 0.891 8.954 3.121 13.821 1.078 -
Apple Inc. Oracle Corp. Netflix Inc. Citrix Systems Inc. TIBCO Software Inc. Salesforce.com Inc. Intuit Inc. Intel Corp. EMC Corp. Hitachi Other
%
7.99 % 5.21 % 5.18 % 4.60 % 3.99 % 3.64 % 3.63 % 3.49 % 3.42 % 3.24 % 55.62 %
Performance 31-05-2011 YTD 1 month 3 month 6 month 12 month 36 month Fund 1.18 1.16 -3.70 1.50 19.65 38.21 Benchmark index -2.71 0.72 -5.30 -0.53 4.46 18.24
Start 0.27 -1.42
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 Global Tech Fund D St yle and theme equit y funds
Country allocation
Portfolio manager review nUnited States 74.10% nChina 5.76% nCayman Islands 5.70% nFinland 5.68% nJapan 3.24% nSweden 2.07% nSingapore 1.28% nOther 2.17%
Currency nUSD 92.52% nJPY 3.26% nEUR 3.11% nSEK 1.09% nKRW 0.02% nHKD 0.01%
Holding type nStock market 94.32% nOther 5.68%
Return
Return and dividends for individual years
2006
2007
2008
2009
2010
Fund Benchmark index
-2.85 -2.68
14.71 4.14
-42.62 -40.67
56.41 56.50
35.54 20.14
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 31-05-2011 (EUR) 0.10884 ISIN FI0008803150 Distribution of income Yes Benchmark index GS Tech -index Web site www.danskeinvest.fi Launch 31-12-1998 Total assets , million (EUR) 103.77 Base currency EUR Minimum subscription 500 EUR
Subscription fee Redemption fee TER 2010 Management fee
1,00 % / 8 EUR 1,00 % / 8 EUR 1,70 % 1.70 %
Danske Invest Global Tech is a mutual fund whose assets are invested globally, mainly in publicly traded equities and equity-linked securities of technology companies. Technology companies include companies operating, for example, in the telecommunications, information technology, biotechnology, electronics and communications technology sectors. The funds investment policy is based on active equity selection and the fund does not follow a predetermined geographical investment allocation. The fund is suitable as a longterm investment alternative for experienced investors who are seeking an investment alternative in the technology sector. The general global performance of technology companies is reflected in the value of the fund, which may fluctuate substantially. Due to its higher level of risk than in conventional mutual funds, the fund is recommended as a small part of a diversified investment portfolio. The recommended investment horizon in the fund is more than five years.
Performance 31-05-2011
Benchmark index Unofficial Goldman Sachs Technology Index
Portfolio manager Allianz Global Investors Europe GMBH
Major investments 31-05-2011 Issuer
Key f igures - 1 y 31-05-2011 Volatility (%) Sharpe Tracking error IR Alpha Beta Duration
22.64 0.891 8.954 3.121 13.821 1.078 -
Apple Inc. Oracle Corp. Netflix Inc. Citrix Systems Inc. TIBCO Software Inc. Salesforce.com Inc. Intuit Inc. Intel Corp. EMC Corp. Hitachi Other
%
7.99 % 5.21 % 5.18 % 4.60 % 3.99 % 3.64 % 3.63 % 3.49 % 3.42 % 3.24 % 55.62 %
Performance 31-05-2011 YTD 1 month 3 month 6 month 12 month 36 month Fund 1.18 1.16 -3.70 1.50 19.65 38.21 Benchmark index -2.71 0.72 -5.30 -0.53 4.46 18.24
Start 0.27 -1.42
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 Global Tech Fund D St yle and theme equit y funds
Country allocation
Portfolio manager review nUnited States 74.10% nChina 5.76% nCayman Islands 5.70% nFinland 5.68% nJapan 3.24% nSweden 2.07% nSingapore 1.28% nOther 2.17%
Currency nUSD 92.52% nJPY 3.26% nEUR 3.11% nSEK 1.09% nKRW 0.02% nHKD 0.01%
Holding type nStock market 94.32% nOther 5.68%
Return
Return and dividends for individual years
2006
2007
2008
2009
2010
Fund Benchmark index
-2.85 -2.68
14.71 4.14
-42.62 -40.67
56.41 56.50
35.54 20.14
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
