The objective of this fund is to achieve long-term investment growth, while applying a defensive-to-balanced asset allocation strategy. The share class is accumulating.
The fund gains exposure to bonds and equities, with emphasis on bonds, by investing in other funds such as exchange-traded funds (ETFs) and index-tracking funds. The fund mainly invests in underlying funds where similar ESG-related processes, criteria and characteristics are applied or can be found, although these funds do not necessarily promote ESG characteristics. The fund may gain exposure to any credit quality, sector and country, including emerging markets.
Specifically, the fund's default asset allocation is 80% in bonds and 20% in equities, but this may be adjusted depending on the investment manager's market outlook.
The allocation to bonds and other debt instruments shall be 60% to 100% and the allocation to equities 0% to 40%.
The fund is categorized under SFDR article 6. The fund follows Danske Invest’s responsible investment policy.
In actively managing the fund’s portfolio, the management team applies a flexible asset allocation that seeks to take full advantage of market changes and opportunities.
The fund may use derivatives for hedging and efficient portfolio management.
The main part of the share class' NAV will be hedged against the base currency of the fund. However, the share class remains exposed to the currencies of the investments in the fund.
Recommendation: This fund may not be appropriate for investors who plan to withdraw their money within 3 years.