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Danish Kroner Reserve



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Fund Investment Principles

The fund objective is to preserve the invested capital and to provide stable rate of return, which is compliant with the short-term interest rates on the inter-bank market in Denmark. According to the strategy most of the fund assets are invested in exchange traded promissory notes and other money market instruments with residual term up to 2 years in DKK, issued by the current Danish government, companies, municipalities, banks, international financial organisations or mortgage institutions with safe ability to repay borrowed funds, which has been assessed as the IG investment grade. This fund is suitable for experienced investors, for whom it is important to divide resources among investment funds of different risks and who are prepared to accept medium short-term fluctuations in currency. The recommended minimum investment term is 6-12 months. The fund manager may use the benchmark index for the purpose of evaluating the results and restricting the investment structure.

Return of Investment 2012-02-07
CCY Price *) Var YTD **) 1 year 3 years 5 years
DKK 167.07 up +0.01 +0.17 +1.21 +5.81 +13.01

Performance for period: 1.17% Download data in CSV format

Show Price Variation Chart NAV History

Comparison:

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Fund information
Fund name Danish Kroner Reserve
Unit price in base currency 167.07
Day variantion in % +0.01
Year to date variation in % +0.17
Annual variation in % +1.21
Fund manager Nordea Investment Management AB; Denmark
ISIN code LU0173785030 (EUR)
LU0064321317 (DKK)
LU0173919332 (NOK)
Launch date 1995-01-27
Base currency DKK
Minimum investment 50 EUR

*) In comparison to previous price
**) Year to date performance

Past performance is no indication of current or future performance.