Balance DKK W R

Bonds
51.79
Equities
46.8
Cash & others
1.41

Morningstar™

Not rated

{{circleReturns.selectedValue.returnValueSign}} {{circleReturns.selectedValue.returnValueAbs.toLocaleString('en-GB', { maximumFractionDigits: 2 })}}%

Risk

1 2 3 4 5 6 7
Past performance does not predict future returns
Management Company
Sparinvest SICAV
Name
Balance DKK W R
Investment concept
The Fund aims at providing a positive return over the medium to long term. The Fund invests 25-60% of its total net assets in equities and/or equity-equivalent securities (such as ADR/GDR) and 35-70% of its total net assets in fixed income transferable securities. Of the fixed income part, the Fund invests about 2/3 in developed markets investment grade government and Danish covered bonds and about 1/3 in rated corporate bonds (investment grade corporate bonds or high yield corporate bonds), emerging markets sovereign bonds (investment grade or high yield) and/or non-rated bonds. The Fund may invest up to 10% of its total net assets in China A-Shares via the China-Hong Kong Stock Connect and China B-Shares. The Fund may, to a limited extent, invest in convertible securities, contingent convertibles (less than 5% of the total net assets) and warrants on transferable securities. The Fund may invest in liquid assets and/or in regularly traded money market instruments with a residual term of a maximum of 12 months. The Fund may, to a limited extent, invest in other funds, including closed-end funds with alternative strategies. The Fund can hold up to 15% in cash. There is no limitation in terms of currency of investments. The Fund may invest in all regions, including up to 30% of its total net assets in emerging markets. The Fund may use derivatives to protect the portfolio against currency fluctuations. Environmental and social characteristics as well as good governance of the companies invested into are taken into consideration when making investment decisions. The Fund promotes environmental and social characteristics, but does not have sustainable investment as an objective.
ISIN
LU1616403876
Allocation
46.8% Equities, 51.79% Bonds, 1.41% Cash & others
NAV
0 DKK (4 August 2023)
Fund Manager
Mads Deth Hesselholdt - Nykredit Bank A/S

Return

NAV
0.00
Return
{{returns.selectedRefundsOption.returnValue == null ? "-" : (returns.selectedRefundsOption.returnValue > 0 ? "+" : "") + (returns.selectedRefundsOption.returnValue.toLocaleString('en-GB', { maximumFractionDigits: 2 })) + "%"}}
Benchmark: BM - Mix Medium
Morningstar™: EUR Moderate Allocation - Global
Past performance does not predict future returns
Past performance does not predict future returns
Tidsperiode Fund Morningstar™ Category Benchmark
1 day - - -
1 week - - -
1 month - - -
3 months - - -
6 months - - -
Year to date - - -
1 year - - -
3 years annualised - - -
5 years annualised - - -
10 years annualised - - -
Past performance does not predict future returns

Performance

Past Performance and performance scenarios

Allocation

Last update: 1 January 0001
*Benchmark: BM - Mix Medium
Last update: 1 January 0001
*Benchmark: BM - Mix Medium

Portfolio

Portfolio Sectors Currency Weight%
{{hd.Name == null ? "-" : hd.Name}} {{hd.CountryName == null ? "-" : hd.CountryName}} {{hd.BondType == null ? "-" : hd.BondType}} {{hd.SectorLabel == null ? "-" : hd.SectorLabel}} {{hd.LocalCurrencyCode == null ? "-" : hd.LocalCurrencyCode}} {{hd.Percentage == null ? "-" : (hd.Percentage .toLocaleString('en-GB', { maximumFractionDigits: 2, minimumFractionDigits: 2 })) + "%"}}
31/05/2025

Costs

Costs
Expected ongoing charges - Last update: 27 March 2023 {{expenses.OngoingChargePercentage == null ? "-" : (expenses.OngoingChargePercentage .toLocaleString('en-GB', { maximumFractionDigits: 2, minimumFractionDigits: 2 })) + "%"}}
- Last update: 1 January 0001 } {{expenses.DanishAaopPercentage == null ? "-" : (expenses.DanishAaopPercentage .toLocaleString('en-GB', { maximumFractionDigits: 2, minimumFractionDigits: 2 })) + "%"}}
Indirect trading costs {{expenses.TransactionCostIndirectPercentage == null ? "-" : (expenses.TransactionCostIndirectPercentage .toLocaleString('en-GB', { maximumFractionDigits: 2, minimumFractionDigits: 2 })) + "%"}}
{{expenses.TransactionCostTotalPercentage == null ? "-" : (expenses.TransactionCostTotalPercentage .toLocaleString('en-GB', { maximumFractionDigits: 2, minimumFractionDigits: 2 })) + "%"}}
Applied Management fee {{expenses.ManagementFeePercentage == null ? "-" : (expenses.ManagementFeePercentage .toLocaleString('en-GB', { maximumFractionDigits: 2, minimumFractionDigits: 2 })) + "%"}}
TER - as of 31 December 2022 {{expenses.TerPercentage == null ? "-" : (expenses.TerPercentage .toLocaleString('en-GB', { maximumFractionDigits: 2, minimumFractionDigits: 2 })) + "%"}}
Expected TER {{expenses.ExpectedTerPercentage == null ? "-" : (expenses.ExpectedTerPercentage .toLocaleString('en-GB', { maximumFractionDigits: 2, minimumFractionDigits: 2 })) + "%"}}
Fund Trading Fees
Subscription fee (max.) {{expenses.FrontLoadPercentage == null ? "-" : (expenses.FrontLoadPercentage .toLocaleString('en-GB', { maximumFractionDigits: 2, minimumFractionDigits: 2 })) + "%"}}
Redemption fee (max.) {{expenses.DeferLoadPercentage == null ? "-" : (expenses.DeferLoadPercentage .toLocaleString('en-GB', { maximumFractionDigits: 2, minimumFractionDigits: 2 })) + "%"}}

Facts and downloads

Downloads
ESG
Factsheet
PRIIP KID document
SFDR-WebsiteDisclosure
This shareclass is accumulating and doesn't pay any dividends.
Master data
Fund code (ISIN) LU1616403876
Bloomberg SPBADWR LX
Fund start date 30 June 2017
Size 100.00 DKK
Listed No
Incometype Accumulating
Issue currency DKK
Domicile Luxembourg
Management company Nykredit Bank A/S
Custodian Banque et Caisse d'Epargne de l'Etat, Luxembourg
Portfolio manager
Mads Deth Hesselholdt - Nykredit Bank A/S
Profile
Investment profile Active
Investment concept Asset Allocation
Turnover rate -
Type Blend
Investment area -
Benchmark BM - Mix Medium
Active share -
Today's numbers Updated
NAV 0.00 DKK (4 August 2023)
Fund size 0.0 (MN) DKK 04/08/2023
1 year 3 years 5 years 10 years
Average annual return
- - - -
Volatility
- - - -
Sharpe Ratio
- - - -
Tracking Error
- - - -
Information Ratio
- - - -

Portfolio manager

Mads Deth Hesselholdt

Underdirektør