Selected

Credit

Fund I

The Key Information Document is a document known as the PRIIP KID.

The term PRIIP refers to packaged insurance and investment products for retail customers. For this type of product, there is a requirement to prepare a document containing key information about the product.

The document is called a KID, which stands for Key Information Document. It is comparable to the Key Information Document, which is intended to help investors understand how an investment product works and to enable them to compare a product with other similar investment products. However, the KID contains slightly more details and information, as the products are typically more complex.

You can find our Key Information Document here:

Dokument med central information (KID) Selected Credit Fund I

Selected Credit Fund I has a risk rating of 6 out of 7 according to the fund’s Key Information Document (KID), and you can read the document containing key information here.

The risk in the fund is primarily related to the credit risk of the underlying borrowers, including the risk that a borrower will be unable to meet its payment obligations or that the value of the collateral provided will fall below the amount of the loan. The fund mitigates this risk through thorough credit assessment, tailored collateral structures, and ongoing monitoring of each individual exposure.

Credit funds of this type are exposed to the risk that market conditions may change during the term of the loans, including interest rate hikes, deteriorating macroeconomic conditions, or sector-specific challenges faced by borrowers. However, the fund’s management and the manager have extensive experience in structuring and managing the types of companies to which loans are granted, which reduces the likelihood of unforeseen losses, although these cannot be ruled out.

The expected return reflects the risk premium associated with providing financing to companies and projects that do not have access to or do not wish to use traditional bank financing. This risk is mitigated by mechanisms tailored to individual loan cases, which may include loans secured by collateral, financial covenants, and other contractual protection mechanisms that allow the fund to act upon signs of credit deterioration.

Illiquidity risk is a natural part of the investment, as the fund’s loans are not traded on a regulated market. Investors should therefore have an investment horizon corresponding to the fund’s term and accept that it is not possible to sell or redeem shares on demand.

To view the fund’s complete sustainability-related information, visit this page:
Sustainability-related information

A credit fund is an investment fund that provides loans to businesses, often as a supplement to traditional bank loans.

The fund invests in direct loans to Nordic companies and projects.

The return is generated through ongoing interest payments and accruals from the underlying loans

Your investment will be registered with the Danish Central Securities Depository, and you will then be able to track your investment through your bank. In addition, updates and reports will be sent out to all investors on a regular basis.

You can invest using personal funds, business funds, and pension funds. Special rules apply to pension funds, so please contact an advisor to learn more.

Like any other investment, an investment in the Selected Credit Fund involves risk. Read more about the risks associated with the Selected Credit Fund under “Risk” above, or contact us.