The Danske Invest European Equities Absolute invests in European equities, and has long and short positions. The Fund targets an absolute return of 6-8% above Euribor p.a., while seeking to protect the capital. The Fund intend to have 150%-200% gross exposure with some directional exposure that could impact the return. The risk, measured as volatility of the returns, is supposed to be below the European market volatility.
The objectives should be reached primarily through thematic trading strategies and short selling together with derivatives for hedging and speculative purposes.
The Fund is designed for investors who have the necessary experience and knowledge to understand the risk involved with hedge funds, and is only suitable for investors with the appropriate risk profile and time horizon, together with an investment strategy that includes hedge funds.