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Danske Invest Eastern Europe Convergence A

Ranked 11 out of 12 in - Emerging Markets Europe over 12 months
All calculations are in EUR unless stated

Managed by

Morten Lund Ligaard

Currently based in Denmark, Morten Lund Ligaard works at Danske Capital as a chief portfolio manager where he runs equity strategies. Prior to taking up his current role in the company, he worked for 12 years as a senior portfolio manager of Eastern European equities from 2001 to 2013. Before 2001, he spent a year at PG Bank and also worked at Nykredit from 1997 to 2000. Morten graduated from Copenhagen Business School with an MSc in economics and mathematics and a BSc in business administration and management service. He is also a CFA charterholder.

Objective

This Sub-Fund will invest in transferable securities, mainly equities and equity-related securities admitted or dealt on a Regulated Market and issued by companies domiciled in, or with main activity, in Eastern Europe, except Russia. The investments in Eastern Europe may include, but will not be limited to investment in the hereunder countries. A minor part may be invested in equities and equity-related securities issued by companies domiciled in countries bordering to Eastern Europe, except Russia.

Showing fund performance in Estonia View performance globally

Performance

Emerging Markets Europe over : 30/06/2017 - 30/06/2018

Total Return

Quarterly Performance

to 30/06/2018 Annual Q1 Q2 Q3 Q4
2018 -7.0% -10.2%
2017 21.9% 10.3% 6.2% 0.3% 3.8%
2016 5.9% 4.3% -7.8% 6.3% 3.5%
2015 1.2% 10.2% -0.7% -6.8% -0.8%
2014 4.3% 1.3% 3.0% 2.5% -2.4%
2013 -1.3% -3.9% -5.4% 8.9% -0.2%
2012 27.7% 13.5% -3.8% 9.7% 6.5%
2011 -27.1% 2.8% -2.0% -27.0% -0.9%
2010 22.2% 13.7% -12.7% 16.7% 5.5%
2009 46.3% -20.2% 36.5% 29.8% 3.5%
2008 -61.2% -19.0% -2.7% -18.7% -39.5%
2007 20.3% 5.5% 19.6% -2.1% -2.6%
2006 20.9% 5.2% -12.7% 11.5% 18.1%
2005 47.8% 8.7% 6.9% 24.8% 2.0%
2004 48.2% 17.5% 0.8% 7.9% 16.0%
2003 19.1% -8.8% 10.3% 14.7% 3.2%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Denmark
  2. Estonia
  3. Finland
  4. Germany
  5. Latvia
  6. Luxembourg
  7. Norway
  8. Sweden
  9. Switzerland
  10. United Kingdom

Fund Info

  • Launch date16/12/2002
  • Share Class size20Mn
  • Base currencyEUR
  • ISIN LU0156840208

Purchase Info

  • Min. initial investment1
  • Min. regular additional investment0

Charges

  • Annual management1.60%

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).