Danske Invest SICAV - Global Emerging Markets Small Cap 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 emerging market equities. Specifically, the fund invests at least two-thirds of net assets in equities and equity-related securities that are traded on a regulated market and are issued by companies that are domiciled, or do most of their business, in emerging markets (including emerging and frontier markets as classified by S&P Dow Jones Indices). 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 differ significantly from those of the benchmark. The fund may use derivatives for hedging and efficient portfolio management. The fund may invest in Chinese A-shares subject to quota and operational constraints, which may increase legal and counterparty risk. Recommendation: This fund may not be appropriate for investors who plan to withdraw their money within 7 years. Benchmark (for performance comparison) MSCI Emerging Markets Small Cap Index (net dividends reinvested).