313.13

NAV
25/11/2020

1.03%

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, which will be hedged to EUR. Investments may also be made in bonds denominated in local currencies in the emerging markets. Generally these investments will not be hedged to EUR.

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 to generate a return over time which is at least in line with the market development - measured by a comparable benchmark return.

Financial instruments

The fund may use derivative financial instruments.

Benchmark

J.P. Morgan EMBI Global Diversified (Hedged EUR)

The benchmark has applied since: 01.11.2005

Facts

14/02/2000
DK0016261910
Bond funds
EUR
Yes
Yes
Yes
A0B728
1759135
30/10/2020
32,068,000 EUR