ืขืฉื” ืืช ื”ื”ืฉืงืขื•ืช ื”ื˜ื•ื‘ื•ืช ื‘ื™ื•ืชืจ ืฉืœ ื—ื™ื™ืš

23,8 % ร˜-Performance der Fair-Value-Strategie seit 2003
ืžืชื—ื™ืœื™ื ืž-2 ืื™ืจื•
Analyse
ืคืจื•ืคื™ืœ
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ื“ื ืžืจืง ื”ืชื•ืฆืจ ื”ืžืงื•ืžื™ ื”ื’ื•ืœืžื™ (ืชืž"ื’) ืžื”ื—ืงืœืื•ืช

ืฉืขืจ

8.344 ืžื™ืœื™ืืจื“ DKK
ืฉื™ื ื•ื™ +/-
+73 ืžื™ืœื™ื•ืŸ DKK
ืฉื™ืขื•ืจ ืฉื™ื ื•ื™ %
+0.88 %

ื”ืขืจืš ื”ื ื•ื›ื—ื™ ืฉืœ ื”ืชื•ืฆืจ ื”ืžืงื•ืžื™ ื”ื’ื•ืœืžื™ (ืชืž"ื’) ืžื”ื—ืงืœืื•ืช ื‘-ื“ื ืžืจืง ื”ื•ื 8.344 ืžื™ืœื™ืืจื“ DKK. ื”ืชื•ืฆืจ ื”ืžืงื•ืžื™ ื”ื’ื•ืœืžื™ (ืชืž"ื’) ืžื”ื—ืงืœืื•ืช ื‘-ื“ื ืžืจืง ืขืœื” ืœ-8.344 ืžื™ืœื™ืืจื“ DKK ื‘-1.3.2025, ืœืื—ืจ ืฉื”ื™ื” 8.271 ืžื™ืœื™ืืจื“ DKK ื‘-1.12.2024. ื‘ื™ืŸ 1.3.1990 ืœ-1.3.2025, ื”ืชืž"ื’ ื”ืžืžื•ืฆืข ื‘-ื“ื ืžืจืง ื”ื™ื” 7.34 ืžื™ืœื™ืืจื“ DKK. ื”ืฉื™ื ืฉืœ ื›ืœ ื”ื–ืžื ื™ื ื”ื•ืฉื’ ื‘-1.9.2014 ืขื 10.64 ืžื™ืœื™ืืจื“ DKK, ื‘ืขื•ื“ ื”ืขืจืš ื”ื ืžื•ืš ื‘ื™ื•ืชืจ ื ืจืฉื ื‘-1.12.1990 ืขื 3.09 ืžื™ืœื™ืืจื“ DKK.

ืžืงื•ืจ: Statistics Denmark

ื”ืชื•ืฆืจ ื”ืžืงื•ืžื™ ื”ื’ื•ืœืžื™ (ืชืž"ื’) ืžื”ื—ืงืœืื•ืช

  • ืฉืœื•ืฉ ืฉื ื™ื

  • ื—ืžืฉ ืฉื ื™ื

  • ืขืฉืจ ืฉื ื™ื

  • 25 ืฉื ื”

  • ืžืงืก

ืชื•ืฆืจ ืœืื•ืžื™ ื’ื•ืœืžื™ ืžื”ื—ืงืœืื•ืช

ื”ืชื•ืฆืจ ื”ืžืงื•ืžื™ ื”ื’ื•ืœืžื™ (ืชืž"ื’) ืžื”ื—ืงืœืื•ืช ื”ื™ืกื˜ื•ืจื™ื”

ืชืืจื™ืšืขืจืš
1.3.20258.344 ืžื™ืœื™ืืจื“ DKK
1.12.20248.271 ืžื™ืœื™ืืจื“ DKK
1.9.20248.371 ืžื™ืœื™ืืจื“ DKK
1.6.20248.225 ืžื™ืœื™ืืจื“ DKK
1.3.20248.487 ืžื™ืœื™ืืจื“ DKK
1.12.20238.09 ืžื™ืœื™ืืจื“ DKK
1.9.20238.429 ืžื™ืœื™ืืจื“ DKK
1.6.20238.329 ืžื™ืœื™ืืจื“ DKK
1.3.20237.977 ืžื™ืœื™ืืจื“ DKK
1.12.20228.552 ืžื™ืœื™ืืจื“ DKK
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3
4
5
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ืžื“ื“ื™ื ื›ืœื›ืœื™ื™ื ืžืงืจื• ื“ื•ืžื™ื ืœ-ื”ืชื•ืฆืจ ื”ืžืงื•ืžื™ ื”ื’ื•ืœืžื™ (ืชืž"ื’) ืžื”ื—ืงืœืื•ืช

ืฉืื ื•ื›ื—ื™ืงื•ื“ืืชื“ื™ืจื•ืช
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ื”ืฉืงืขื•ืช ื‘ืžืชืงื ื™ื ื’ื•ืœืžื™ื•ืช
142.9 ืžื™ืœื™ื•ืŸ DKK152.5 ืžื™ืœื™ื•ืŸ DKKืจื‘ืขื•ืŸ
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ืฆืžื™ื—ืช ืชื•ืฆืจ ื‘ืจื•ื˜ื• ืœืื•ืžื™ ื‘ืฉื ื” ืžืœืื”
3.6 %2.5 %ืฉื ืชื™
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ืฉื™ืขื•ืจ ื’ื“ื™ืœืช ื”ืชื•ืฆืจ
โ€Ž-0.5 %1.6 %ืจื‘ืขื•ืŸ
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ืฉื™ืขื•ืจ ื”ืฆืžื™ื—ื” ื”ืฉื ืชื™ ืฉืœ ื”ืชื•ืฆืจ ื”ืžืงื•ืžื™ ื”ื’ื•ืœืžื™
3.6 %4.2 %ืจื‘ืขื•ืŸ
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ืชื•ืฆืจ ื‘ืจื•ื˜ื• ืœืื•ืžื™ ืžื”ื ื™ื”ื•ืœ ื”ืฆื™ื‘ื•ืจื™
113.962 ืžื™ืœื™ืืจื“ DKK112.962 ืžื™ืœื™ืืจื“ DKKืจื‘ืขื•ืŸ
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ืชื•ืฆืจ ื”ืžื•ืฆืจ ื”ืžืงื•ืžื™ ื”ื’ื•ืœืžื™
407.09 ืžื™ืœื™ืืจื“ USD401.95 ืžื™ืœื™ืืจื“ USDืฉื ืชื™
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ืชื•ืฆืจ ืœืื•ืžื™ ื’ื•ืœืžื™ ืœื ืคืฉ ื‘ืฉื•ื•ื™ ื›ื•ื— ืงื ื™ื™ื”
71,390 USD70,170.22 USDืฉื ืชื™
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ืชื•ืฆืจ ืœื ืคืฉ
61,295.98 USD60,248.67 USDืฉื ืชื™
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ืชื•ืฆืจ ืžืคืขื™ืœื•ืช ื›ืจื™ื™ื”
1.954 ืžื™ืœื™ืืจื“ DKK1.903 ืžื™ืœื™ืืจื“ DKKืจื‘ืขื•ืŸ
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ืชื•ืฆืจ ื ืืฆื™ื•ื ืœื™ ื’ื•ืœืžื™
661.639 ืžื™ืœื™ืืจื“ DKK686.985 ืžื™ืœื™ืืจื“ DKKืจื‘ืขื•ืŸ
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ืชืž"ื’ ื‘ืžื—ื™ืจื™ื ืงื‘ื•ืขื™ื
684.388 ืžื™ืœื™ืืจื“ DKK687.873 ืžื™ืœื™ืืจื“ DKKืจื‘ืขื•ืŸ
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ืชืž"ื’ ืžื”ื™ื™ืฆื•ืจ
119.547 ืžื™ืœื™ืืจื“ DKK126.944 ืžื™ืœื™ืืจื“ DKKืจื‘ืขื•ืŸ
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ืชืž"ื’ ืžืขื ืฃ ื”ื‘ื ื™ื™ื”
34.006 ืžื™ืœื™ืืจื“ DKK34.898 ืžื™ืœื™ืืจื“ DKKืจื‘ืขื•ืŸ
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ืชืž"ื’ ืžืชื—ื•ื ื”ืชื—ื‘ื•ืจื”
117.695 ืžื™ืœื™ืืจื“ DKK115.179 ืžื™ืœื™ืืจื“ DKKืจื‘ืขื•ืŸ

ื“ืคื™ ืžืืงืจื• ืœืžื“ื™ื ื•ืช ืื—ืจื•ืช ื‘ ืื™ืจื•ืคื”

ืžื”ื• ื”ืชื•ืฆืจ ื”ืžืงื•ืžื™ ื”ื’ื•ืœืžื™ (ืชืž"ื’) ืžื”ื—ืงืœืื•ืช

ืชื•ืฆืจ ืžืงื˜ื’ื•ืจื™ื™ืช "ืชื•ืฆืจ ื—ืงืœืื•ืช" ื‘-GDP: ื—ืฉื™ื‘ื•ืช, ืžื’ืžื•ืช ื•ื“ื’ืฉื™ื "ืžื—ืœืงืช ื”ืชื•ืฆืจ ืžื—ืงืœืื•ืช" ื”ื™ื ืžืจื›ื™ื‘ ืžืจื›ื–ื™ ื‘ื›ืœื›ืœืช ื”ืžื“ื™ื ื•ืช ื•ื”ืžืฉืง ื”ืขื•ืœืžื™. ืžื’ื–ืจ ื–ื” ื›ื•ืœืœ ืืช ื›ืœ ื”ืคืขื™ืœื•ื™ื•ืช ื”ื—ืงืœืื™ื•ืช ื”ืงืฉื•ืจื•ืช ืœื™ื™ืฆื•ืจ ืžื–ื•ืŸ ื•ื’ื™ื“ื•ืœ ื—ืงืœืื™ ืœื’ื•ืจืžื™ื ืชืขืฉื™ื™ืชื™ื™ื ื•ืžืกื—ืจื™ื™ื ื”ืžืžืœืื™ื ืชืคืงื™ื“ ืžื”ื•ืชื™ ื‘ืฆืžื™ื—ื” ื”ื›ืœื›ืœื™ืช. ื”ืืชืจ ืฉืœื ื•, "ืื•ืœืจืคื•ืœ" ืžืชื™ื™ื—ื“ ื‘ื”ืฆื’ืช ื ืชื•ื ื™ื ื›ืœื›ืœื™ื™ื ืžืงื™ืคื™ื ื•ืžืขืžื™ืงื™ื ื•ื‘ืจื•ืจ ื›ื™ ืชื•ืฆืจ ื”ื—ืงืœืื•ืช ืžื”ื•ื•ื” ื ื“ื‘ืš ืงืจื™ื˜ื™ ื‘ื—ืงืจ ื”ืžืงืจื•-ื›ืœื›ืœื”. ื‘ืžืืžืจ ื–ื” ื ืกืงื•ืจ ืืช ื—ืฉื™ื‘ื•ืช ืชื•ืฆืจ ื”ื—ืงืœืื•ืช, ื”ืžื’ืžื•ืช ื”ืขื™ืงืจื™ื•ืช, ื•ื“ื’ืฉื™ื ื—ืฉื•ื‘ื™ื ื‘ืžืฉืง ื”ื—ืงืœืื™. ื”ื—ืฉื™ื‘ื•ืช ืฉืœ ืชื•ืฆืจ ื”ื—ืงืœืื•ืช ื ืขื•ืฆื” ื‘ืชืจื•ืžืชื• ื”ื™ืฉื™ืจื” ื•ื”ืขืงื™ืคื” ืœื›ืœื›ืœื”. ืชื•ืฆืจ ื”ื—ืงืœืื•ืช ืชื•ืจื ืœื ืจืง ื‘ืืžืฆืขื•ืช ื™ื™ืฆื•ืจ ืžื–ื•ืŸ ื•ืชื•ืฆืจืช ื—ืงืœืื™ืช ืืœื ื’ื ื‘ืขืงื™ืคื™ืŸ - ื“ืจืš ื”ืฉืคืขืชื• ืขืœ ืชืขืฉื™ื•ืช ืฉื•ื ื•ืช ื›ืžื• ืชืขืฉื™ื•ืช ื”ืžื–ื•ืŸ, ื˜ืงืกื˜ื™ืœ, ื•ืชืจื•ืคื•ืช. ื‘ื ื•ืกืฃ ืœื›ืš, ื”ื•ื ืชื•ืจื ืœืชืขืกื•ืงื” ื‘ื”ืงืฆืืช ื›ื•ื— ืื“ื ืจื‘ื•ืช ื•ืœืคื™ืชื•ื— ื”ืื–ื•ืจื™ื ื”ื›ืคืจื™ื™ื, ื•ื‘ื›ืš ืžืงื“ื ื™ืฆื™ื‘ื•ืช ื—ื‘ืจืชื™ืช ื•ื›ืœื›ืœื™ืช. ื”ืžื’ื–ืจ ื”ื—ืงืœืื™ ืžืฉืชื ื” ืžืฉืžืขื•ืชื™ืช ืžืžื“ื™ื ื” ืœืžื“ื™ื ื” ื‘ื”ืชืื ืœืืงืœื™ื, ื”ืชืฉืชื™ื•ืช, ื•ื”ืžื“ื™ื ื™ื•ืช ื”ืžืžืฉืœืชื™ืช. ื‘ืžื“ื™ื ื•ืช ืžืชืคืชื—ื•ืช, ื”ื—ืงืœืื•ืช ืžื”ื•ื•ื” ื—ืœืง ื ื›ื‘ื“ ืžื”ืชื•ืฆืจ ื”ืžืงื•ืžื™ ื”ื’ื•ืœืžื™ (GDP) ืขืงื‘ ืชืœื•ืช ืจื‘ื” ื‘ืื’ืจื•ืช ื—ืงืœืื™ื•ืช ื›ืžืงื•ืจ ื”ื›ื ืกื” ืขื™ืงืจื™. ืขื ื–ืืช, ื‘ืžื“ื™ื ื•ืช ืžืคื•ืชื—ื•ืช, ื”ื—ืงืœืื•ืช ื ื—ืฉื‘ืช ืœื—ืœืง ืงื˜ืŸ ื™ื•ืชืจ ืžืกืš ื”ืชื•ืฆืจ ืืฃ ืขืœ ืคื™ ืฉื”ื™ื ืžืชื‘ื˜ืืช ื‘ื˜ื›ื ื•ืœื•ื’ื™ื•ืช ืžืชืงื“ืžื•ืช ื•ื‘ืชืคื•ืงื•ืช ื’ื‘ื•ื”ื•ืช. ืžื’ื•ื•ืŸ ื”ืžื’ืžื•ืช ื”ืžืขืฆื‘ื•ืช ืืช ืคื ื™ ื”ื—ืงืœืื•ืช ื‘ืขื•ืœื ืžืฉืชื ื” ื‘ืžื”ืจื”. ื‘ื™ืŸ ื”ืžื’ืžื•ืช ื”ื‘ื•ืœื˜ื•ืช ื ื™ืชืŸ ืœืžื ื•ืช ืืช ื”ื”ืกืชืžื›ื•ืช ื”ื’ื•ื‘ืจืช ืขืœ ื˜ื›ื ื•ืœื•ื’ื™ื” ื—ืงืœืื™ืช ืžืชืงื“ืžืช โ€“ ืฉื™ืžื•ืฉ ื‘ืจื•ื‘ื•ื˜ื™ืงื”, ื ื™ืชื•ื— ื ืชื•ื ื™ื ืžื‘ื•ืกืก ื‘ื™ื ื” ืžืœืื›ื•ืชื™ืช, ื•ืฉื™ืžื•ืฉ ื‘ื—ืงืœืื•ืช ืžื“ื•ื™ืงืช. ื˜ื›ื ื•ืœื•ื’ื™ื•ืช ืืœื• ืžืืคืฉืจื•ืช ืœื—ืงืœืื™ื ืœื”ืชื™ื™ืขืœ ื•ืœื”ื‘ื™ื ืœืชืฉื•ืื•ืช ื’ื‘ื•ื”ื•ืช ื™ื•ืชืจ. ื ื•ืกืฃ ืขืœ ื›ืš, ื™ืฉื ื” ื“ื’ืฉ ื”ื•ืœืš ื•ื’ื•ื‘ืจ ืขืœ ืงื™ื™ืžื•ืช ื•ืฉื™ืžื•ืจ ื”ืกื‘ื™ื‘ื”, ืืฉืจ ืžืชื‘ื˜ื ื‘ืคื™ืชื•ื— ื•ืฉื™ืžื•ืฉ ื‘ืฉื™ื˜ื•ืช ื—ืงืœืื™ื•ืช ื”ืžืชื—ืฉื‘ื•ืช ื‘ืืงืœื™ื ื•ื‘ืžืฉืื‘ื™ ื”ื˜ื‘ืข. ืœื ื ื™ืชืŸ ืœื”ืชืขืœื ืžื”ืืชื’ืจื™ื ื”ื ื™ืฆื‘ื™ื ื‘ืคื ื™ ืžื’ื–ืจ ื”ื—ืงืœืื•ืช. ืฉื™ื ื•ื™ื™ ื”ืืงืœื™ื, ืœืžืฉืœ, ืžื”ื•ื•ื™ื ืื™ื•ื ืžืžืฉื™ ืขืœ ื”ื™ื‘ื•ืœื™ื ื”ื—ืงืœืื™ื™ื ืขื ืชื ืื™ ืžื–ื’ ืื•ื•ื™ืจ ืงืฉื™ื ื™ื•ืชืจ ื•ื—ื•ืกืจ ื™ืฆื™ื‘ื•ืช ื‘ืขื•ื ื•ืช ื”ืฉื ื”. ื ื•ืกืฃ ืขืœ ื›ืš, ื—ื•ืกืจ ื”ื•ื•ื“ืื•ืช ื‘ืฉื•ืงื™ ื”ืกื—ื•ืจื•ืช, ื”ืขืœื™ื•ืช ื‘ืขืœื•ื™ื•ืช ื”ืฉื•ื ื•ืช (ื›ืžื• ืขืœื•ื™ื•ืช ื”ืžื™ื ื•ื”ื“ืœืง), ื•ืžืขื‘ืจ ื’ื™ืื•ืคื•ืœื™ื˜ื™ ื•ืชืคื•ืงืชื™ ืžื”ื•ื•ื™ื ืžื›ืฉื•ืœื™ื ืฉื—ืงืœืื™ื ื—ื™ื™ื‘ื™ื ืœื”ืชืžื•ื“ื“ ืื™ืชื ืขืœ ื‘ืกื™ืก ืงื‘ื•ืข. ืžื“ื™ื ื™ื•ืช ืžืžืฉืœืชื™ืช ืžืฉื—ืงืช ืชืคืงื™ื“ ื—ืฉื•ื‘ ื‘ืขื™ืฆื•ื‘ ืžื’ื–ืจ ื”ื—ืงืœืื•ืช. ืžื˜ืจืชื” ื”ื™ื ืœืงื“ื ืฆืžื™ื—ื” ื•ืฉื™ืคื•ืจ ื‘ืชื ืื™ ื”ื—ื™ื™ื ืฉืœ ื”ื—ืงืœืื™ื ื‘ืืžืฆืขื•ืช ืกื•ื‘ืกื™ื“ื™ื•ืช, ืชืžื™ื›ื•ืช ื›ืกืคื™ื•ืช, ื•ื”ืงืœื•ืช ื‘ืžืก. ืžื“ื™ื ื•ืช ืจื‘ื•ืช ืžืงืฆื•ืช ื—ืœืง ื ื›ื‘ื“ ืžืชืงืฆื™ื‘ ื”ืžื“ื™ื ื” ืœื”ืงืžืช ืชืฉืชื™ื•ืช ื—ืงืœืื™ื•ืช ืžืชืงื“ืžื•ืช, ืชืžื™ื›ื” ื‘ืžื—ืงืจ ื•ืคื™ืชื•ื—, ื•ืขื™ื“ื•ื“ ื”ืงืžืช ืฉื•ื•ืงื™ื ื—ื“ืฉื™ื. ื‘ืžืืžืจ ื–ื” ืžืชื•ืืจืช ื—ืฉื™ื‘ื•ืชื• ื”ืจื‘ื” ืฉืœ ืชื•ืฆืจ ื”ื—ืงืœืื•ืช ื”ืŸ ื‘ืชืจื•ืžืชื• ื”ื›ืœื›ืœื™ืช ื•ื”ืŸ ื‘ื—ืฉื™ื‘ื•ืชื• ื”ื—ื‘ืจืชื™ืช. ืžื’ืžื•ืช ืขื›ืฉื•ื•ื™ื•ืช ื›ืžื• ืื•ื˜ื•ืžืฆื™ื” ื—ืงืœืื™ืช ื•ืงื™ื™ืžื•ืช ืžืฉืคื™ืขื•ืช ืขืœ ื”ื“ืจืš ืฉื‘ื” ื—ืงืœืื™ื ืžื ื”ืœื™ื ืืช ืขืกืงื™ื”ื ื•ืžืฆืœื™ื—ื™ื ืœืขืžื•ื“ ื‘ืืชื’ืจื™ื ื”ืžื•ื“ืจื ื™ื™ื. ื”ื‘ื ืช ืžื’ื–ืจ ื–ื” ื‘ืฆื•ืจื” ืžืขืžื™ืงื” ืžืืคืฉืจืช ืœืžืงื‘ืœื™ ื”ื—ืœื˜ื•ืช ื•ืœืžืฉืงื™ืขื™ื ืœืงื‘ืœ ื”ื—ืœื˜ื•ืช ืžื‘ื•ืกืกื•ืช ื•ืžืชืื™ืžื•ืช ืœืงื™ื“ื•ื ืžื’ื–ืจ ื”ื—ืงืœืื•ืช ื•ืœื”ื‘ื˜ื—ืช ืขืชื™ื“ื•. ื‘ื—ื™ื ืช ื”ื”ืงืฉืจื™ื ื”ืจื—ื‘ื™ื ืฉืœ ืชื•ืฆืจ ื”ื—ืงืœืื•ืช ื‘ืžืงืจื•-ื›ืœื›ืœื”, ื•ื”ื‘ื ืช ื”ืžื’ืžื•ืช ื•ื”ืืชื’ืจื™ื ื”ื™ื™ื—ื•ื“ื™ื™ื ืœืฉื•ืง ื–ื”, ื”ืŸ ืžืคืชื— ืœืฉื™ืคื•ืจ ืžืชืžื™ื“ ืฉืœ ื”ืžืขืจื›ืช ื”ื›ืœื›ืœื™ืช ื”ื›ื•ืœืœืช. ื‘ืืชืจ "ืื•ืœืจืคื•ืœ" ืื ื• ืžื—ื•ื™ื‘ื™ื ืœืกืคืง ืืช ื”ื ืชื•ื ื™ื, ื”ื ื™ืชื•ื—ื™ื ื•ื”ืชื•ื‘ื ื•ืช ื”ืขื“ื›ื ื™ื•ืช ื•ื”ืžืงื™ืคื•ืช ื‘ื™ื•ืชืจ ื›ื“ื™ ืœื”ืฆื™ืข ืœืงื”ืœ ื”ืžืฉืชืžืฉื™ื ืฉืœื ื• ืจืื™ื™ื” ื›ื•ืœืœืช ื•ืžื“ื•ื™ืงืช ืฉืœ ืชื•ืฆืจ ื”ื—ืงืœืื•ืช ื•ื”ืฉืคืขืชื• ื”ืจื—ื‘ื” ืขืœ ื”ื›ืœื›ืœื”. ื—ืฉื•ื‘ ืœืฆื™ื™ืŸ ื›ื™ ืžืขืงื‘ ืžืชืžื™ื“ ืื—ืจ ื ืชื•ื ื™ ืชื•ืฆืจ ื—ืงืœืื•ืช ื•ื ื™ืชื•ื— ืžื’ืžื•ืช ื”ืฉื•ืง ื™ื›ื•ืœ ืœื”ื‘ื™ื ืœืชื•ื‘ื ื•ืช ืขืจื›ื™ื•ืช ื•ืขืžื•ืงื•ืช ื‘ืขื•ืœื ื”ืžืงืจื•-ื›ืœื›ืœื”, ื•ืžื›ืืŸ ื ื•ื‘ืขืช ื—ืฉื™ื‘ื•ืชื• ืฉืœ ืชื•ืฆืจ ื—ืงืœืื•ืช ื›ื ื“ื‘ืš ืžืจื›ื–ื™ ืœื›ืœื›ืœื” ืขื•ืœืžื™ืช ื™ืฆื™ื‘ื” ื•ื‘ืจื™ืื”.