563.52

NAV
10/05/2021

-0.12%

Change

Investment policy

Investment is chiefly made directly and indirectly in bonds issued by countries that are in a period of transition from developing countries to industrial nations, mainly in the areas Latin America, Asia, Eastern Europe and Africa. The bonds involve a certain credit risk. Investment is made primarily in bonds issued by or guaranteed by states. Investments will primarily be made in bonds denominated in USD. Investments may also be made in bonds denominated in local currencies in the emerging markets. Generally these investments will not be hedged to USD.

The fund may invest a maximum of 10% of its assets in units in other umbrella funds, individual funds and investment institutions.

The objective of the portfolio management is continuously to generate a risk-adjusted return which is at least in line with the risk-adjusted return of the fund’s benchmark.
The return is measured over the time horizon which the typical investor in the fund should have as a minimum according to the paragraph on ‘The typical investor’.
The portfolio return is stated after costs of active portfolio management.

Financial instruments

The fund may use derivative financial instruments.

Benchmark

JPM EMBI Global Diversified

The benchmark has applied since: 01.11.2005

Facts

10/06/1992
DK0016272446
Bond funds
USD
Yes
Yes
Yes
A0B726
1819887
29/04/2021
10,409,000 USD