Danske Invest Neutral Fund D Alternative asset class funds
Da nske Invest Neutral Fund D Alternat ive asset class funds
Risk class Fund Low risk
High risk
Fund facts Value 31-05-2011 (EUR) 19.87414 ISIN FI0008804117 Distribution of income Yes Duration 0.40 Web site www.danskeinvest.fi Launch 15-10-1998 Total assets , million (EUR) 84.05 Base currency EUR Minimum subscription 500 EUR
Subscription fee Redemption fee TER 2010 Management fee
Investment policy
Performance 31-05-2011
Danske Invest Neutral is a mutual fund whose assets are invested mainly in fixed income instrument markets in other mutual funds or in derivatives. The funds investment policy is based on utilising market-neutral investment strategies, i.e. investment strategies that are not dependent on the general performance of the markets. Investments in individual investment instruments are carried out by hedging the market risk associated with the securities in question. Derivatives are used actively as well as for hedging purposes. The funds investment activities aim to achieve a return that exceeds money market returns in all market conditions and that is not dependent on the general performance of the markets. The fund is suitable for investors who seek moderate returns in all market situations. The recommended investment horizon in the fund is more than one year.
Benchmark index
1,00 % / 8 EUR 1,00 % / 8 EUR 1,15 % 1.10 %
Unofficial -
Portfolio manager Danske Capital, Sampo Bank plc
Major investments 31-05-2011 Issuer
Key f igures - 1 y 31-05-2011 Volatility (%) Sharpe Duration
0.9 1.774 0.4
OUTOKUMPU OYJ FRN 21/5-2007/2012 6,339 SAMPO OYJ 10/4-09/2012 5,125 Stora Enso Oyj 23/6-2004/2014 NORDEA BANK AB FRN 10/9-2008/2018 BRADFORD & BINGLEY FRN 20/9-2006/2011 F & C Portfolios Fund F&C Global Cnc. Bond Fnd FORTUM OYJ EMTN FRN 14/9-10/2015 A.P. Møller - Mærsk A/S 09/14 Frn 6,125 UPM-KYMMENE 23/1-2002/2012 3,00 Elisa Oyj 22/3-2010/2013 Other
%
4.73 % 4.47 % 4.22 % 3.93 % 3.75 % 3.66 % 3.65 % 3.13 % 3.11 % 2.70 % 62.66 %
Performance 31-05-2011 Fund
YTD 1 month 3 month 6 month 12 month 36 month 0.89 0.03 0.19 0.88 2.45 5.53
Start 3.07
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 Neutral Fund D Alternat ive asset class funds
Maturity allocation
Portfolio manager review nUnder 1 year 34.18% n1-3 years 23.07% n4-5 years 21.08% n6-10 years 11.31% nOver 10 years 10.36%
Currency nEUR 90.27% nSEK 3.70% nNOK 3.15% nUSD 2.88% nDKK 0.00% nGBP 0.00%
Holding type nBonds 93.17% nFund 8.68% n 0.09%
Return
Return and dividends for individual years Fund
2006
2007
2008
2009
2010
2.51
1.06
0.02
3.23
1.81
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 Fund Low risk
High risk
Fund facts Value 31-05-2011 (EUR) 19.87414 ISIN FI0008804117 Distribution of income Yes Duration 0.40 Web site www.danskeinvest.fi Launch 15-10-1998 Total assets , million (EUR) 84.05 Base currency EUR Minimum subscription 500 EUR
Subscription fee Redemption fee TER 2010 Management fee
Investment policy
Performance 31-05-2011
Danske Invest Neutral is a mutual fund whose assets are invested mainly in fixed income instrument markets in other mutual funds or in derivatives. The funds investment policy is based on utilising market-neutral investment strategies, i.e. investment strategies that are not dependent on the general performance of the markets. Investments in individual investment instruments are carried out by hedging the market risk associated with the securities in question. Derivatives are used actively as well as for hedging purposes. The funds investment activities aim to achieve a return that exceeds money market returns in all market conditions and that is not dependent on the general performance of the markets. The fund is suitable for investors who seek moderate returns in all market situations. The recommended investment horizon in the fund is more than one year.
Benchmark index
1,00 % / 8 EUR 1,00 % / 8 EUR 1,15 % 1.10 %
Unofficial -
Portfolio manager Danske Capital, Sampo Bank plc
Major investments 31-05-2011 Issuer
Key f igures - 1 y 31-05-2011 Volatility (%) Sharpe Duration
0.9 1.774 0.4
OUTOKUMPU OYJ FRN 21/5-2007/2012 6,339 SAMPO OYJ 10/4-09/2012 5,125 Stora Enso Oyj 23/6-2004/2014 NORDEA BANK AB FRN 10/9-2008/2018 BRADFORD & BINGLEY FRN 20/9-2006/2011 F & C Portfolios Fund F&C Global Cnc. Bond Fnd FORTUM OYJ EMTN FRN 14/9-10/2015 A.P. Møller - Mærsk A/S 09/14 Frn 6,125 UPM-KYMMENE 23/1-2002/2012 3,00 Elisa Oyj 22/3-2010/2013 Other
%
4.73 % 4.47 % 4.22 % 3.93 % 3.75 % 3.66 % 3.65 % 3.13 % 3.11 % 2.70 % 62.66 %
Performance 31-05-2011 Fund
YTD 1 month 3 month 6 month 12 month 36 month 0.89 0.03 0.19 0.88 2.45 5.53
Start 3.07
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 Neutral Fund D Alternat ive asset class funds
Maturity allocation
Portfolio manager review nUnder 1 year 34.18% n1-3 years 23.07% n4-5 years 21.08% n6-10 years 11.31% nOver 10 years 10.36%
Currency nEUR 90.27% nSEK 3.70% nNOK 3.15% nUSD 2.88% nDKK 0.00% nGBP 0.00%
Holding type nBonds 93.17% nFund 8.68% n 0.09%
Return
Return and dividends for individual years Fund
2006
2007
2008
2009
2010
2.51
1.06
0.02
3.23
1.81
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
