Nordic bonds

Nordic bonds

Contact us

Any enquiries or questions in regard to the products can be directed to:

Atilla Olesen
Global Head of Asset Management Distribution

Parallelvej 17
DK-2800 Kgs. Lyngby
Tel.: (+45) 45 13 97 62

Send an e-mail

Danske Capital today manages more than EUR 30bn for retail and institutional clients within Danish Fixed Income. This ranges from absolute return focus to long duration focus. We currently offer two strategies as mutual funds in Luxembourg:

Danish Mortgage Bonds

The objective of this strategy is to generate a return at least equal to the return on long-term Danish bonds. The strategy is actively managed and the modified duration must be in the range of 3-9 years. The investments in the portfolio consists mainly of bonds listed on an official stock exchange. The bonds are mainly issued by Danish mortgage credit institutions and denominated in DKK.

Danish bonds

The objective of this strategy is to generate a return at least equal to the return on long-term Danish bonds. The strategy is actively managed and the modified duration must be in the range of 2-5 years. The investments in the portfolio consists mainly of bonds listed on an official stock exchange. The bonds are mainly issued by Danish mortgage credit institutions and denominated in DKK.

The modified duration indicates a.o. the price risk on the bonds the fund invests in. The lower the duration, the more price stable the bonds if interest rates change. The strategy may use financial derivative instruments.
 

Swedish bonds

In Sweden we have two main strategies; money market and bond funds. Both strategies are actively managed and denominated in SEK.

The money market strategy invests mainly in covered bonds and investment grade corporates and financials with the objective to generate a stable return with low risk.

The objective of the bond strategy is to generate a return at least equal to the return on medium-term Swedish bonds and the modified duration must be in the range of 1-5 years. The bond strategy mainly invests in government and covered bonds listed or traded on a regulated market in Sweden.

The modified duration indicates a.o. the price risk on the bonds the fund invests in. The lower the duration, the more price stable the bonds if interest rates change. The strategies may use financial derivative instruments.
 

Norwegian bonds

In Norway we have two main strategies; money market and bond funds. Both strategies are actively managed and denominated in NOK. Furthermore, both strategies invest in the investment grade universe. We have different funds to match individual needs when it comes to duration and average weighted maturity.

The investments consists mainly of securities issued or guaranteed by governments, municipalities and financial institutions.
 

Nordic Corporate Bonds

The Nordic Corporate Bonds strategy is based upon the well-established and successful strategies for European Investment Grade and High Yield, i.e. selecting bonds and constructing portfolios with diversified risk exposure aiming at deliver excess returns on the back of compressing individual bond risk premias.

The strategy is geographically concentrated on Nordic issuers. The strategy is relatively flexible in terms of bond maturity, part of capital structure, sector, rating and currency denomination. We will take greater or smaller exposures to single issuers depending on our assessment of the credit quality of the issuers and the current pricing in the market. We consider every bond important to ensure that no allocation to a single strategy has an excessive weight relative to the overall risk budget.