Danske Invest SICAV - Denmark Focus A

Objectives The objective of this fund is to achieve above-market performance. The share class is accumulating. Investment policy The fund invests mainly in a narrow and focused selection of Danish equities. Specifically, the fund invests at least two-thirds of net assets in equities and equity-related securities that are traded on the Nasdaq OMX Copenhagen (a regulated market in Denmark). In actively managing the fund's portfolio, the management team selects securities that appear to offer superior investment characteristics. The fund generally expects that its holdings, and therefore its performance, may not differ significantly from those of the benchmark. The fund may use derivatives for hedging and efficient portfolio management. Recommendation: This fund may not be appropriate for investors who plan to withdraw their money within 5 years. Benchmark (for performance comparison) OMX Copenhagen CAP GI Index (net dividends reinvested).