Jyske Invest

169.59

NAV
kl. 13:01

-0.16%

Change

Investment policy

The fund's assets are chiefly invested directly and indirectly in bonds and money-market instruments denominated in local currencies by countries that are in a period of transition from developing countries to industrial nations, mainly in the regions Latin America, Asia, Eastern Europe, and Africa. Generally, local-currency investments are not hedged. The bonds involve a certain credit risk.

Investment is made primarily in bonds issued by or guaranteed by states. Assets may also be invested in instruments issued by other issuers provided these instruments are denominated in local emerging-market currencies. Furthermore, assets may be invested in instruments denominated in currencies other than local currencies, provided the return on those instruments is related to the development in one or more local currencies or emerging-market bond yields. Part of the fund's assets may be placed on deposit with financial institutions.

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

In principle, local currency investments in the emerging markets are not hedged. In principle, investments in other currencies will be hedged to EUR. The fund's benchmark is J.P. Morgan GBI EM Diversified Unhedged - EUR. 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

JPM GBI-EM Global Diversified

The benchmark has applied since: 01.09.2013

Facts

15/12/2005
DK0060009751
Bond funds
EUR
Yes
Yes
Yes
A0NCYL
2355476
30/06/2017
26,927,000 EUR