Fund gets new benchmark
Danske Invest SICAV Global Corporate Sustainable Bond has from 20 October 2020 been assigned a new benchmark, so in future the fund will measure its return against the bond index Bloomberg Barclays Global Aggregate Corporate 1Bln+ (hedged into EUR). Up to now, the fund’s benchmark has been Bloomberg Barclays Global Aggregate Corporate Total Return Index (hedged into the respective class currency).
The main focus of the fund is global corporate bonds with a strong sustainability profile. As there are fewer bonds and bond issuers in the new benchmark, the fund’s portfolio managers can more readily obtain a solid insight into the individual bonds in the benchmark. Going forward, this will give the portfolio managers more time and resources for their work of selecting attractive investments and achieving the target of delivering a higher return than the benchmark.
The fund’s investment strategy and risk remain unchanged.
