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<br /> Årsrapport 2011<br /> Investeringsforeningen Nordea Invest<br /> Forening<br /> Investeringsforeningen Nordea Invest<br /> CVR.-nr: 73 41 00 10<br /> Nyropsgade 17, st.<br /> 1602 København V<br /> Tlf. 33 36 06 00<br /> Fax: 33 91 26 96<br /> www.nordeainvest.dk<br /> info@nordeainvest.dk<br /> Bestyrelse<br /> Lars Eskesen (formand)<br /> Hans Munk Nielsen (næstformand)<br /> Anne E. Jensen<br /> Lennart Meineche<br /> Marianne Philip<br /> Direktion<br /> Malene Ehrenskjöld (administrerende direktør)<br /> Revision<br /> Deloitte<br /> Statsautoriseret Revisionspartnerselskab<br /> Weidekampsgade 6<br /> 2300 København S<br /> Depotbank<br /> J. P. Morgan Europe Limited<br /> Kalvebod Brygge 39-41, 1. sal<br /> 1560 København V<br /> Henvendelser<br /> Vicedirektør<br /> Michael Petersen<br /> mp@nordeainvest.dk<br /> No. 001<br /> KLIMA-NEUTRAL<br /> TRYKSAG<br /> FoReningens leDelsesBeRetning<br /> Forord <a title="2011_IFNI_Aarsrapport page 1" href="http://viewer.zmags.com/publication/695c12e2?page=1"> Årsrapport 2011 Investeringsforeningen Nordea Inv</a> <a title="2011_IFNI_Aarsrapport page 2" href="http://viewer.zmags.com/publication/695c12e2?page=2"> Forening Investeringsforeningen Nordea Invest CVR</a> <a title="2011_IFNI_Aarsrapport page 3" href="http://viewer.zmags.com/publication/695c12e2?page=3"> FoReningens leDelsesBeRetning Forord </a> <a title="2011_IFNI_Aarsrapport page 4" href="http://viewer.zmags.com/publication/695c12e2?page=4"> </a> <a title="2011_IFNI_Aarsrapport page 5" href="http://viewer.zmags.com/publication/695c12e2?page=5"> Forord Nordea Invest er en af de største invest</a> <a title="2011_IFNI_Aarsrapport page 6" href="http://viewer.zmags.com/publication/695c12e2?page=6"> obligationsafdelinger endte året med af kast på m</a> <a title="2011_IFNI_Aarsrapport page 7" href="http://viewer.zmags.com/publication/695c12e2?page=7"> Den globale udvikling 2011 Ved indgangen til 20</a> <a title="2011_IFNI_Aarsrapport page 8" href="http://viewer.zmags.com/publication/695c12e2?page=8"> Sideløbende med det store opsparingsoverskud ligg</a> <a title="2011_IFNI_Aarsrapport page 9" href="http://viewer.zmags.com/publication/695c12e2?page=9"> Gennem 2011 udfordrede en række usikkerhedsfaktor</a> <a title="2011_IFNI_Aarsrapport page 10" href="http://viewer.zmags.com/publication/695c12e2?page=10"> finde tilstrækkelig vidtgående løsninger til at sk</a> <a title="2011_IFNI_Aarsrapport page 11" href="http://viewer.zmags.com/publication/695c12e2?page=11"> renter og faldende obligationskurser. Hen over so</a> <a title="2011_IFNI_Aarsrapport page 12" href="http://viewer.zmags.com/publication/695c12e2?page=12"> Udviklingen i Nordea Invest 2011 Afdelingerne i</a> <a title="2011_IFNI_Aarsrapport page 13" href="http://viewer.zmags.com/publication/695c12e2?page=13"> Under den stigende usikkerhed i 2011 betød strate</a> <a title="2011_IFNI_Aarsrapport page 14" href="http://viewer.zmags.com/publication/695c12e2?page=14"> Forventninger til 2012 Ved udgangen af 2011 var</a> <a title="2011_IFNI_Aarsrapport page 15" href="http://viewer.zmags.com/publication/695c12e2?page=15"> Udsagn om forventninger Disse forventninger til d</a> <a title="2011_IFNI_Aarsrapport page 16" href="http://viewer.zmags.com/publication/695c12e2?page=16"> Nordeas team for ansvarlige investeringer går om </a> <a title="2011_IFNI_Aarsrapport page 17" href="http://viewer.zmags.com/publication/695c12e2?page=17"> samfundsansvar Nordea Invest har sammen med Nor</a> <a title="2011_IFNI_Aarsrapport page 18" href="http://viewer.zmags.com/publication/695c12e2?page=18"> Overordnede risici Risici og risikostyring Som </a> <a title="2011_IFNI_Aarsrapport page 19" href="http://viewer.zmags.com/publication/695c12e2?page=19"> renterisikoen, kreditrisikoen og valutarisikoen. </a> <a title="2011_IFNI_Aarsrapport page 20" href="http://viewer.zmags.com/publication/695c12e2?page=20"> nedbrud. Disse procedurer og planer afprøves rege</a> <a title="2011_IFNI_Aarsrapport page 21" href="http://viewer.zmags.com/publication/695c12e2?page=21"> kan dette eksempelvis bevirke, at aktiver nationa</a> <a title="2011_IFNI_Aarsrapport page 22" href="http://viewer.zmags.com/publication/695c12e2?page=22"> Vigtige aftaler Depotselskabsaftale Foreningen </a> <a title="2011_IFNI_Aarsrapport page 23" href="http://viewer.zmags.com/publication/695c12e2?page=23"> Der er ingen omkostninger forbundet med denne aft</a> <a title="2011_IFNI_Aarsrapport page 24" href="http://viewer.zmags.com/publication/695c12e2?page=24"> 24 Foreningens Ledelsesberetning</a> <a title="2011_IFNI_Aarsrapport page 25" href="http://viewer.zmags.com/publication/695c12e2?page=25"> Investeringsforeningen Nordea Invest h</a> <a title="2011_IFNI_Aarsrapport page 26" href="http://viewer.zmags.com/publication/695c12e2?page=26"> Bestyrelse og direktion Foreningens bestyrelse </a> <a title="2011_IFNI_Aarsrapport page 27" href="http://viewer.zmags.com/publication/695c12e2?page=27"> Bestyrelse lars eskesen, formand Direktør, Fød</a> <a title="2011_IFNI_Aarsrapport page 28" href="http://viewer.zmags.com/publication/695c12e2?page=28"> Regnskabsoverblik Årsrapporten for 2011 Selskab</a> <a title="2011_IFNI_Aarsrapport page 29" href="http://viewer.zmags.com/publication/695c12e2?page=29"> Resultat 2011 Resultat 2010 </a> <a title="2011_IFNI_Aarsrapport page 30" href="http://viewer.zmags.com/publication/695c12e2?page=30"> De satser, som afdelingerne betaler, er uændret i</a> <a title="2011_IFNI_Aarsrapport page 31" href="http://viewer.zmags.com/publication/695c12e2?page=31"> omkostningsprocenter investeringsforeningen norde</a> <a title="2011_IFNI_Aarsrapport page 32" href="http://viewer.zmags.com/publication/695c12e2?page=32"> Omkostninger til bestyrelse og direktion i Nordea</a> <a title="2011_IFNI_Aarsrapport page 33" href="http://viewer.zmags.com/publication/695c12e2?page=33"> Medlemmernes afkast i pct. før skat I nedenståend</a> <a title="2011_IFNI_Aarsrapport page 34" href="http://viewer.zmags.com/publication/695c12e2?page=34"> Udlodning – personskattepligtige I nedenstående t</a> <a title="2011_IFNI_Aarsrapport page 35" href="http://viewer.zmags.com/publication/695c12e2?page=35"> Udlodning – selskabsskattepligtige I nedenstående</a> <a title="2011_IFNI_Aarsrapport page 36" href="http://viewer.zmags.com/publication/695c12e2?page=36"> Specifikation af realiserede nettotab på aktier Re</a> <a title="2011_IFNI_Aarsrapport page 37" href="http://viewer.zmags.com/publication/695c12e2?page=37"> Påtegninger </a> <a title="2011_IFNI_Aarsrapport page 38" href="http://viewer.zmags.com/publication/695c12e2?page=38"> Ledelsespåtegning Bestyrelse og direktion har d</a> <a title="2011_IFNI_Aarsrapport page 39" href="http://viewer.zmags.com/publication/695c12e2?page=39"> Den uafhængige revisors erklæringer Til medlemm</a> <a title="2011_IFNI_Aarsrapport page 40" href="http://viewer.zmags.com/publication/695c12e2?page=40"> Det er på denne baggrund vores opfattelse, at opl</a> <a title="2011_IFNI_Aarsrapport page 41" href="http://viewer.zmags.com/publication/695c12e2?page=41"> Årsregnskaber </a> <a title="2011_IFNI_Aarsrapport page 42" href="http://viewer.zmags.com/publication/695c12e2?page=42"> Anvendt regnskabspraksis Generelt Årsregnskabet</a> <a title="2011_IFNI_Aarsrapport page 43" href="http://viewer.zmags.com/publication/695c12e2?page=43"> Administrationsomkostninger Afdelingsdirekte omko</a> <a title="2011_IFNI_Aarsrapport page 44" href="http://viewer.zmags.com/publication/695c12e2?page=44"> forekomme i en handel på balancedagen mellem uaf </a> <a title="2011_IFNI_Aarsrapport page 45" href="http://viewer.zmags.com/publication/695c12e2?page=45"> Årsregnskaber 45</a> <a title="2011_IFNI_Aarsrapport page 46" href="http://viewer.zmags.com/publication/695c12e2?page=46"> • Standardafvigelse (benchmark). • Udlodning kr. </a> <a title="2011_IFNI_Aarsrapport page 47" href="http://viewer.zmags.com/publication/695c12e2?page=47"> merne ultimo/cirkulerende andele ultimo året. Aco</a> <a title="2011_IFNI_Aarsrapport page 48" href="http://viewer.zmags.com/publication/695c12e2?page=48"> 48 Årsregnskaber</a> <a title="2011_IFNI_Aarsrapport page 49" href="http://viewer.zmags.com/publication/695c12e2?page=49"> Afdelingsberetninger & Årsregnskaber </a> <a title="2011_IFNI_Aarsrapport page 50" href="http://viewer.zmags.com/publication/695c12e2?page=50"> Læsevejledning Investeringsforeningen Nordea Inv</a> <a title="2011_IFNI_Aarsrapport page 51" href="http://viewer.zmags.com/publication/695c12e2?page=51"> obligationsafdelinger Fonde </a> <a title="2011_IFNI_Aarsrapport page 52" href="http://viewer.zmags.com/publication/695c12e2?page=52"> F Nordea Invest Fonde Nordea I</a> <a title="2011_IFNI_Aarsrapport page 53" href="http://viewer.zmags.com/publication/695c12e2?page=53"> Afdelingen følger ikke et benchmark, men af kaste</a> <a title="2011_IFNI_Aarsrapport page 54" href="http://viewer.zmags.com/publication/695c12e2?page=54"> Fonde mulighed for at investere i udenlandske</a> <a title="2011_IFNI_Aarsrapport page 55" href="http://viewer.zmags.com/publication/695c12e2?page=55"> Resultatopgørelse (i 1.000 kr.) note </a> <a title="2011_IFNI_Aarsrapport page 56" href="http://viewer.zmags.com/publication/695c12e2?page=56"> Fonde noter 1. Hoved og nøgletalsoversigt </a> <a title="2011_IFNI_Aarsrapport page 57" href="http://viewer.zmags.com/publication/695c12e2?page=57"> 6. obligationer obligationer, varighedsfordeling</a> <a title="2011_IFNI_Aarsrapport page 58" href="http://viewer.zmags.com/publication/695c12e2?page=58"> Nordea Invest globale obligationer GO </a> <a title="2011_IFNI_Aarsrapport page 59" href="http://viewer.zmags.com/publication/695c12e2?page=59"> forventningerne. Det lavere afkast skyldtes, at a</a> <a title="2011_IFNI_Aarsrapport page 60" href="http://viewer.zmags.com/publication/695c12e2?page=60"> globale obligationer I 2011 var afdelingens i</a> <a title="2011_IFNI_Aarsrapport page 61" href="http://viewer.zmags.com/publication/695c12e2?page=61"> Resultatopgørelse (i 1.000 kr.) note </a> <a title="2011_IFNI_Aarsrapport page 62" href="http://viewer.zmags.com/publication/695c12e2?page=62"> globale obligationer noter 1. Hoved og nøgl</a> <a title="2011_IFNI_Aarsrapport page 63" href="http://viewer.zmags.com/publication/695c12e2?page=63"> 6. obligationer obligationer, varighedsfordeling</a> <a title="2011_IFNI_Aarsrapport page 64" href="http://viewer.zmags.com/publication/695c12e2?page=64"> Nordea Invest Højrentelande HL Nordea</a> <a title="2011_IFNI_Aarsrapport page 65" href="http://viewer.zmags.com/publication/695c12e2?page=65"> gationer på baggrund af en forventning om, at der</a> <a title="2011_IFNI_Aarsrapport page 66" href="http://viewer.zmags.com/publication/695c12e2?page=66"> Højrentelande lande. Således havde den politi</a> <a title="2011_IFNI_Aarsrapport page 67" href="http://viewer.zmags.com/publication/695c12e2?page=67"> Resultatopgørelse (i 1.000 kr.) note </a> <a title="2011_IFNI_Aarsrapport page 68" href="http://viewer.zmags.com/publication/695c12e2?page=68"> Højrentelande noter 1. Hoved og nøgletalsov</a> <a title="2011_IFNI_Aarsrapport page 69" href="http://viewer.zmags.com/publication/695c12e2?page=69"> 6. obligationer Valutafordeling </a> <a title="2011_IFNI_Aarsrapport page 70" href="http://viewer.zmags.com/publication/695c12e2?page=70"> 1000 Nordea Invest korte obligationer KO No</a> <a title="2011_IFNI_Aarsrapport page 71" href="http://viewer.zmags.com/publication/695c12e2?page=71"> 3,9 pct. i 2011. Afdelingens af kast var 1,1 proc</a> <a title="2011_IFNI_Aarsrapport page 72" href="http://viewer.zmags.com/publication/695c12e2?page=72"> korte obligationer knytter sig dermed i høj g</a> <a title="2011_IFNI_Aarsrapport page 73" href="http://viewer.zmags.com/publication/695c12e2?page=73"> Resultatopgørelse (i 1.000 kr.) note </a> <a title="2011_IFNI_Aarsrapport page 74" href="http://viewer.zmags.com/publication/695c12e2?page=74"> korte obligationer noter 1. Hoved og nøglet</a> <a title="2011_IFNI_Aarsrapport page 75" href="http://viewer.zmags.com/publication/695c12e2?page=75"> 6. obligationer obligationer, varighedsfordeling</a> <a title="2011_IFNI_Aarsrapport page 76" href="http://viewer.zmags.com/publication/695c12e2?page=76"> 1000 Nordea Invest korte obligationer Privat </a> <a title="2011_IFNI_Aarsrapport page 77" href="http://viewer.zmags.com/publication/695c12e2?page=77"> steg 3,5 pct. i 2011. Afdelingens af kast var 1,5</a> <a title="2011_IFNI_Aarsrapport page 78" href="http://viewer.zmags.com/publication/695c12e2?page=78"> korte obligationer Privat som af hænger af sa</a> <a title="2011_IFNI_Aarsrapport page 79" href="http://viewer.zmags.com/publication/695c12e2?page=79"> Resultatopgørelse (i 1.000 kr.) note </a> <a title="2011_IFNI_Aarsrapport page 80" href="http://viewer.zmags.com/publication/695c12e2?page=80"> korte obligationer Privat noter 1. Hoved og</a> <a title="2011_IFNI_Aarsrapport page 81" href="http://viewer.zmags.com/publication/695c12e2?page=81"> 6. obligationer obligationer, varighedsfordeling</a> <a title="2011_IFNI_Aarsrapport page 82" href="http://viewer.zmags.com/publication/695c12e2?page=82"> 1000 Nordea Invest korte obligationer 2 KO2 </a> <a title="2011_IFNI_Aarsrapport page 83" href="http://viewer.zmags.com/publication/695c12e2?page=83"> 4,5 pct. fra afdelingens start den 21. januar 201</a> <a title="2011_IFNI_Aarsrapport page 84" href="http://viewer.zmags.com/publication/695c12e2?page=84"> korte obligationer 2 Særlige risici – herunde</a> <a title="2011_IFNI_Aarsrapport page 85" href="http://viewer.zmags.com/publication/695c12e2?page=85"> Resultatopgørelse (i 1.000 kr.) note </a> <a title="2011_IFNI_Aarsrapport page 86" href="http://viewer.zmags.com/publication/695c12e2?page=86"> korte obligationer 2 noter 1. Hoved og nøgl</a> <a title="2011_IFNI_Aarsrapport page 87" href="http://viewer.zmags.com/publication/695c12e2?page=87"> 5. til rådighed for udlodning i 1.000 kr. 2011 Re</a> <a title="2011_IFNI_Aarsrapport page 88" href="http://viewer.zmags.com/publication/695c12e2?page=88"> 1000 Nordea Invest lange obligationer LO No</a> <a title="2011_IFNI_Aarsrapport page 89" href="http://viewer.zmags.com/publication/695c12e2?page=89"> 9,2 pct. i 2011. Afdelingens af kast var 3,5 proc</a> <a title="2011_IFNI_Aarsrapport page 90" href="http://viewer.zmags.com/publication/695c12e2?page=90"> lange obligationer Således nåede renten på et</a> <a title="2011_IFNI_Aarsrapport page 91" href="http://viewer.zmags.com/publication/695c12e2?page=91"> Resultatopgørelse (i 1.000 kr.) note </a> <a title="2011_IFNI_Aarsrapport page 92" href="http://viewer.zmags.com/publication/695c12e2?page=92"> lange obligationer noter 1. Hoved og nøglet</a> <a title="2011_IFNI_Aarsrapport page 93" href="http://viewer.zmags.com/publication/695c12e2?page=93"> 6. obligationer obligationer, varighedsfordeling</a> <a title="2011_IFNI_Aarsrapport page 94" href="http://viewer.zmags.com/publication/695c12e2?page=94"> 1000 Nordea Invest lange obligationer Privat </a> <a title="2011_IFNI_Aarsrapport page 95" href="http://viewer.zmags.com/publication/695c12e2?page=95"> steg 7,7 pct. i 2011. Afdelingens af kast var 5,0</a> <a title="2011_IFNI_Aarsrapport page 96" href="http://viewer.zmags.com/publication/695c12e2?page=96"> lange obligationer Privat realkreditobligatio</a> <a title="2011_IFNI_Aarsrapport page 97" href="http://viewer.zmags.com/publication/695c12e2?page=97"> Resultatopgørelse (i 1.000 kr.) note </a> <a title="2011_IFNI_Aarsrapport page 98" href="http://viewer.zmags.com/publication/695c12e2?page=98"> lange obligationer Privat noter 1. Hoved og</a> <a title="2011_IFNI_Aarsrapport page 99" href="http://viewer.zmags.com/publication/695c12e2?page=99"> 6. obligationer obligationer, varighedsfordeling</a> <a title="2011_IFNI_Aarsrapport page 100" href="http://viewer.zmags.com/publication/695c12e2?page=100"> 1000 Nordea Invest Mellemlange obligationer M</a> <a title="2011_IFNI_Aarsrapport page 101" href="http://viewer.zmags.com/publication/695c12e2?page=101"> steg 6,3 pct. i 2011. Afdelingens af kast var 2,9</a> <a title="2011_IFNI_Aarsrapport page 102" href="http://viewer.zmags.com/publication/695c12e2?page=102"> Mellemlange obligationer afdelingen en forret</a> <a title="2011_IFNI_Aarsrapport page 103" href="http://viewer.zmags.com/publication/695c12e2?page=103"> Resultatopgørelse (i 1.000 kr.) note </a> <a title="2011_IFNI_Aarsrapport page 104" href="http://viewer.zmags.com/publication/695c12e2?page=104"> Mellemlange obligationer noter 1. Hoved og </a> <a title="2011_IFNI_Aarsrapport page 105" href="http://viewer.zmags.com/publication/695c12e2?page=105"> 6. obligationer obligationer, varighedsfordeling</a> <a title="2011_IFNI_Aarsrapport page 106" href="http://viewer.zmags.com/publication/695c12e2?page=106"> 1000 Nordea Invest Mellemlange obligationer P</a> <a title="2011_IFNI_Aarsrapport page 107" href="http://viewer.zmags.com/publication/695c12e2?page=107"> Privat steg 5,8 pct. i 2011. Afdelingens af kast </a> <a title="2011_IFNI_Aarsrapport page 108" href="http://viewer.zmags.com/publication/695c12e2?page=108"> Mellemlange obligationer Privat gerne faldt r</a> <a title="2011_IFNI_Aarsrapport page 109" href="http://viewer.zmags.com/publication/695c12e2?page=109"> Resultatopgørelse (i 1.000 kr.) note </a> <a title="2011_IFNI_Aarsrapport page 110" href="http://viewer.zmags.com/publication/695c12e2?page=110"> Mellemlange obligationer Privat noter 1. Ho</a> <a title="2011_IFNI_Aarsrapport page 111" href="http://viewer.zmags.com/publication/695c12e2?page=111"> 6. obligationer obligationer, varighedsfordeling</a> <a title="2011_IFNI_Aarsrapport page 112" href="http://viewer.zmags.com/publication/695c12e2?page=112"> Nordea Invest Verdens obligationsmarked</a> <a title="2011_IFNI_Aarsrapport page 113" href="http://viewer.zmags.com/publication/695c12e2?page=113"> Foreningen har en stor såvel bred som dybtgående </a> <a title="2011_IFNI_Aarsrapport page 114" href="http://viewer.zmags.com/publication/695c12e2?page=114"> Verdens obligationsmarkeder markets-landene, </a> <a title="2011_IFNI_Aarsrapport page 115" href="http://viewer.zmags.com/publication/695c12e2?page=115"> Verdens obligationsmarkeder Resultatopgørels</a> <a title="2011_IFNI_Aarsrapport page 116" href="http://viewer.zmags.com/publication/695c12e2?page=116"> Verdens obligationsmarkeder noter 1. Hoved </a> <a title="2011_IFNI_Aarsrapport page 117" href="http://viewer.zmags.com/publication/695c12e2?page=117"> 6. skat Afdelingen er ikke skattepligtig. Periode</a> <a title="2011_IFNI_Aarsrapport page 118" href="http://viewer.zmags.com/publication/695c12e2?page=118"> Nordea Invest Virksomhedsobligationer V</a> <a title="2011_IFNI_Aarsrapport page 119" href="http://viewer.zmags.com/publication/695c12e2?page=119"> Afdelingens udvikling Den indre værdi i Nordea In</a> <a title="2011_IFNI_Aarsrapport page 120" href="http://viewer.zmags.com/publication/695c12e2?page=120"> Virksomhedsobligationer i forhold til udvikli</a> <a title="2011_IFNI_Aarsrapport page 121" href="http://viewer.zmags.com/publication/695c12e2?page=121"> Resultatopgørelse (i 1.000 kr.) note </a> <a title="2011_IFNI_Aarsrapport page 122" href="http://viewer.zmags.com/publication/695c12e2?page=122"> Virksomhedsobligationer noter 1. Hoved og n</a> <a title="2011_IFNI_Aarsrapport page 123" href="http://viewer.zmags.com/publication/695c12e2?page=123"> 6. til rådighed for udlodning i 1.000 kr. 2</a> <a title="2011_IFNI_Aarsrapport page 124" href="http://viewer.zmags.com/publication/695c12e2?page=124"> Nordea Invest Virksomhedsobligationer H</a> <a title="2011_IFNI_Aarsrapport page 125" href="http://viewer.zmags.com/publication/695c12e2?page=125"> Højrente steg 2,3 pct. i 2011. Afdelingens af kas</a> <a title="2011_IFNI_Aarsrapport page 126" href="http://viewer.zmags.com/publication/695c12e2?page=126"> Virksomhedsobligationer Højrente rentespændet</a> <a title="2011_IFNI_Aarsrapport page 127" href="http://viewer.zmags.com/publication/695c12e2?page=127"> Resultatopgørelse (i 1.000 kr.) note </a> <a title="2011_IFNI_Aarsrapport page 128" href="http://viewer.zmags.com/publication/695c12e2?page=128"> Virksomhedsobligationer Højrente noter 1. H</a> <a title="2011_IFNI_Aarsrapport page 129" href="http://viewer.zmags.com/publication/695c12e2?page=129"> 6. obligationer Valutafordeling </a> <a title="2011_IFNI_Aarsrapport page 130" href="http://viewer.zmags.com/publication/695c12e2?page=130"> Nordea Invest aktier A Nordea Invest</a> <a title="2011_IFNI_Aarsrapport page 131" href="http://viewer.zmags.com/publication/695c12e2?page=131"> det indiske marked. Undervægten i amerikanske akt</a> <a title="2011_IFNI_Aarsrapport page 132" href="http://viewer.zmags.com/publication/695c12e2?page=132"> aktier gennem året. Virksomhedernes generelt </a> <a title="2011_IFNI_Aarsrapport page 133" href="http://viewer.zmags.com/publication/695c12e2?page=133"> Resultatopgørelse (i 1.000 kr.) note </a> <a title="2011_IFNI_Aarsrapport page 134" href="http://viewer.zmags.com/publication/695c12e2?page=134"> aktier noter 1. Hoved og nøgletalsoversigt </a> <a title="2011_IFNI_Aarsrapport page 135" href="http://viewer.zmags.com/publication/695c12e2?page=135"> 8. kapitalandele aktieinvesteringer, sektorforde</a> <a title="2011_IFNI_Aarsrapport page 136" href="http://viewer.zmags.com/publication/695c12e2?page=136"> Nordea Invest aktier ii A2 Nordea Inv</a> <a title="2011_IFNI_Aarsrapport page 137" href="http://viewer.zmags.com/publication/695c12e2?page=137"> det indiske marked. Undervægten i amerikanske akt</a> <a title="2011_IFNI_Aarsrapport page 138" href="http://viewer.zmags.com/publication/695c12e2?page=138"> aktier ii udviklingen, mens en mulig eskaleri</a> <a title="2011_IFNI_Aarsrapport page 139" href="http://viewer.zmags.com/publication/695c12e2?page=139"> Resultatopgørelse (i 1.000 kr.) note </a> <a title="2011_IFNI_Aarsrapport page 140" href="http://viewer.zmags.com/publication/695c12e2?page=140"> aktier ii noter 1. Hoved og nøgletalsoversi</a> <a title="2011_IFNI_Aarsrapport page 141" href="http://viewer.zmags.com/publication/695c12e2?page=141"> 8. kapitalandele aktieinvesteringer, sektorforde</a> <a title="2011_IFNI_Aarsrapport page 142" href="http://viewer.zmags.com/publication/695c12e2?page=142"> Nordea Invest Danmark DK Nordea Inves</a> <a title="2011_IFNI_Aarsrapport page 143" href="http://viewer.zmags.com/publication/695c12e2?page=143"> bidrog investeringerne i bryggeriet Royal Unibrew</a> <a title="2011_IFNI_Aarsrapport page 144" href="http://viewer.zmags.com/publication/695c12e2?page=144"> Danmark domineret af få meget store selskaber</a> <a title="2011_IFNI_Aarsrapport page 145" href="http://viewer.zmags.com/publication/695c12e2?page=145"> Resultatopgørelse (i 1.000 kr.) note </a> <a title="2011_IFNI_Aarsrapport page 146" href="http://viewer.zmags.com/publication/695c12e2?page=146"> Danmark noter 1. Hoved og nøgletalsoversigt</a> <a title="2011_IFNI_Aarsrapport page 147" href="http://viewer.zmags.com/publication/695c12e2?page=147"> 8. kapitalandele aktieinvesteringer, sektorforde</a> <a title="2011_IFNI_Aarsrapport page 148" href="http://viewer.zmags.com/publication/695c12e2?page=148"> Nordea Invest Danske aktier DK A Nord</a> <a title="2011_IFNI_Aarsrapport page 149" href="http://viewer.zmags.com/publication/695c12e2?page=149"> Investeringerne i Bavarian Nordic faldt, da det i</a> <a title="2011_IFNI_Aarsrapport page 150" href="http://viewer.zmags.com/publication/695c12e2?page=150"> Danske aktier mens en mulig eskalering af sta</a> <a title="2011_IFNI_Aarsrapport page 151" href="http://viewer.zmags.com/publication/695c12e2?page=151"> Resultatopgørelse (i 1.000 kr.) note </a> <a title="2011_IFNI_Aarsrapport page 152" href="http://viewer.zmags.com/publication/695c12e2?page=152"> Danske aktier noter 1. Hoved og nøgletalsov</a> <a title="2011_IFNI_Aarsrapport page 153" href="http://viewer.zmags.com/publication/695c12e2?page=153"> 8. kapitalandele aktieinvesteringer, sektorforde</a> <a title="2011_IFNI_Aarsrapport page 154" href="http://viewer.zmags.com/publication/695c12e2?page=154"> Nordea Invest emerging Markets EM Nor</a> <a title="2011_IFNI_Aarsrapport page 155" href="http://viewer.zmags.com/publication/695c12e2?page=155"> Olieselskabet Petrobras, som er Latinamerikas stø</a> <a title="2011_IFNI_Aarsrapport page 156" href="http://viewer.zmags.com/publication/695c12e2?page=156"> emerging Markets fra regionen ventes dog at b</a> <a title="2011_IFNI_Aarsrapport page 157" href="http://viewer.zmags.com/publication/695c12e2?page=157"> Resultatopgørelse (i 1.000 kr.) note </a> <a title="2011_IFNI_Aarsrapport page 158" href="http://viewer.zmags.com/publication/695c12e2?page=158"> emerging Markets noter 1. Hoved og nøgletal</a> <a title="2011_IFNI_Aarsrapport page 159" href="http://viewer.zmags.com/publication/695c12e2?page=159"> 8. kapitalandele aktieinvesteringer, sektorforde</a> <a title="2011_IFNI_Aarsrapport page 160" href="http://viewer.zmags.com/publication/695c12e2?page=160"> Nordea Invest europa EUR Nordea Inves</a> <a title="2011_IFNI_Aarsrapport page 161" href="http://viewer.zmags.com/publication/695c12e2?page=161"> eskalerede, og den økonomiske vækst udviklede sig</a> <a title="2011_IFNI_Aarsrapport page 162" href="http://viewer.zmags.com/publication/695c12e2?page=162"> europa Resultatopgørelse (i 1.000 kr.) note</a> <a title="2011_IFNI_Aarsrapport page 163" href="http://viewer.zmags.com/publication/695c12e2?page=163"> europa noter 1. Hoved og nøgletalsoversigt </a> <a title="2011_IFNI_Aarsrapport page 164" href="http://viewer.zmags.com/publication/695c12e2?page=164"> europa 8. kapitalandele aktieinvesterin</a> <a title="2011_IFNI_Aarsrapport page 165" href="http://viewer.zmags.com/publication/695c12e2?page=165"> europa </a> <a title="2011_IFNI_Aarsrapport page 166" href="http://viewer.zmags.com/publication/695c12e2?page=166"> Nordea Invest europa small Cap EUR sc </a> <a title="2011_IFNI_Aarsrapport page 167" href="http://viewer.zmags.com/publication/695c12e2?page=167"> et af de største oliefund i Norge nogensinde. Et </a> <a title="2011_IFNI_Aarsrapport page 168" href="http://viewer.zmags.com/publication/695c12e2?page=168"> europa small Cap Resultatopgørelse (i 1.000 k</a> <a title="2011_IFNI_Aarsrapport page 169" href="http://viewer.zmags.com/publication/695c12e2?page=169"> europa small Cap noter 1. Hoved og nøgletal</a> <a title="2011_IFNI_Aarsrapport page 170" href="http://viewer.zmags.com/publication/695c12e2?page=170"> europa small Cap 8. kapitalandele aktie</a> <a title="2011_IFNI_Aarsrapport page 171" href="http://viewer.zmags.com/publication/695c12e2?page=171"> europa small Cap </a> <a title="2011_IFNI_Aarsrapport page 172" href="http://viewer.zmags.com/publication/695c12e2?page=172"> Nordea Invest Fjernøsten FJØ Nordea I</a> <a title="2011_IFNI_Aarsrapport page 173" href="http://viewer.zmags.com/publication/695c12e2?page=173"> udviste investeringerne i specielt Taiwan betydel</a> <a title="2011_IFNI_Aarsrapport page 174" href="http://viewer.zmags.com/publication/695c12e2?page=174"> Fjernøsten dette. I efteråret 2011 annoncered</a> <a title="2011_IFNI_Aarsrapport page 175" href="http://viewer.zmags.com/publication/695c12e2?page=175"> Resultatopgørelse (i 1.000 kr.) note </a> <a title="2011_IFNI_Aarsrapport page 176" href="http://viewer.zmags.com/publication/695c12e2?page=176"> Fjernøsten noter 1. Hoved og nøgletalsovers</a> <a title="2011_IFNI_Aarsrapport page 177" href="http://viewer.zmags.com/publication/695c12e2?page=177"> 8. kapitalandele aktieinvesteringer, sektorforde</a> <a title="2011_IFNI_Aarsrapport page 178" href="http://viewer.zmags.com/publication/695c12e2?page=178"> Nordea Invest global teknologi Nordea Invest Gl</a> <a title="2011_IFNI_Aarsrapport page 179" href="http://viewer.zmags.com/publication/695c12e2?page=179"> overvægt i it-selskabet Oracle, som faldt efter o</a> <a title="2011_IFNI_Aarsrapport page 180" href="http://viewer.zmags.com/publication/695c12e2?page=180"> global teknologi Resultatopgørelse (i 1.000 k</a> <a title="2011_IFNI_Aarsrapport page 181" href="http://viewer.zmags.com/publication/695c12e2?page=181"> global teknologi noter 1. Hoved og nøgletal</a> <a title="2011_IFNI_Aarsrapport page 182" href="http://viewer.zmags.com/publication/695c12e2?page=182"> global teknologi 8. kapitalandele aktie</a> <a title="2011_IFNI_Aarsrapport page 183" href="http://viewer.zmags.com/publication/695c12e2?page=183"> global teknologi </a> <a title="2011_IFNI_Aarsrapport page 184" href="http://viewer.zmags.com/publication/695c12e2?page=184"> $$$ Nordea Invest global Value G va Nord</a> <a title="2011_IFNI_Aarsrapport page 185" href="http://viewer.zmags.com/publication/695c12e2?page=185"> globale økonomi. Investeringerne var blandt andet</a> <a title="2011_IFNI_Aarsrapport page 186" href="http://viewer.zmags.com/publication/695c12e2?page=186"> global Value Resultatopgørelse (i 1.000 kr.) </a> <a title="2011_IFNI_Aarsrapport page 187" href="http://viewer.zmags.com/publication/695c12e2?page=187"> global Value noter 1. Hoved og nøgletalsove</a> <a title="2011_IFNI_Aarsrapport page 188" href="http://viewer.zmags.com/publication/695c12e2?page=188"> global Value 8. kapitalandele aktieinve</a> <a title="2011_IFNI_Aarsrapport page 189" href="http://viewer.zmags.com/publication/695c12e2?page=189"> global Value </a> <a title="2011_IFNI_Aarsrapport page 190" href="http://viewer.zmags.com/publication/695c12e2?page=190"> Nordea Invest global Vækst G væ Nor</a> <a title="2011_IFNI_Aarsrapport page 191" href="http://viewer.zmags.com/publication/695c12e2?page=191"> imidlertid udviklede sig svagt, trak disse invest</a> <a title="2011_IFNI_Aarsrapport page 192" href="http://viewer.zmags.com/publication/695c12e2?page=192"> global Vækst Resultatopgørelse (i 1.000 kr.) </a> <a title="2011_IFNI_Aarsrapport page 193" href="http://viewer.zmags.com/publication/695c12e2?page=193"> global Vækst noter 1. Hoved og nøgletalsove</a> <a title="2011_IFNI_Aarsrapport page 194" href="http://viewer.zmags.com/publication/695c12e2?page=194"> global Vækst 8. kapitalandele aktieinve</a> <a title="2011_IFNI_Aarsrapport page 195" href="http://viewer.zmags.com/publication/695c12e2?page=195"> global Vækst </a> <a title="2011_IFNI_Aarsrapport page 196" href="http://viewer.zmags.com/publication/695c12e2?page=196"> Nordea Invest HealthCare HC Nordea In</a> <a title="2011_IFNI_Aarsrapport page 197" href="http://viewer.zmags.com/publication/695c12e2?page=197"> hospitalsvæsnet og universiteter. Denne sektor bl</a> <a title="2011_IFNI_Aarsrapport page 198" href="http://viewer.zmags.com/publication/695c12e2?page=198"> HealthCare Resultatopgørelse (i 1.000 kr.) </a> <a title="2011_IFNI_Aarsrapport page 199" href="http://viewer.zmags.com/publication/695c12e2?page=199"> HealthCare noter 1. Hoved og nøgletalsovers</a> <a title="2011_IFNI_Aarsrapport page 200" href="http://viewer.zmags.com/publication/695c12e2?page=200"> HealthCare 8. kapitalandele aktieinvest</a> <a title="2011_IFNI_Aarsrapport page 201" href="http://viewer.zmags.com/publication/695c12e2?page=201"> HealthCare </a> <a title="2011_IFNI_Aarsrapport page 202" href="http://viewer.zmags.com/publication/695c12e2?page=202"> Nordea Invest indien IN Nordea Invest</a> <a title="2011_IFNI_Aarsrapport page 203" href="http://viewer.zmags.com/publication/695c12e2?page=203"> påvirkede også afdelingens investeringer i finanss</a> <a title="2011_IFNI_Aarsrapport page 204" href="http://viewer.zmags.com/publication/695c12e2?page=204"> indien Resultatopgørelse (i 1.000 kr.) note</a> <a title="2011_IFNI_Aarsrapport page 205" href="http://viewer.zmags.com/publication/695c12e2?page=205"> indien noter 1. Hoved og nøgletalsoversigt </a> <a title="2011_IFNI_Aarsrapport page 206" href="http://viewer.zmags.com/publication/695c12e2?page=206"> indien 7. kapitalandele aktieinvesterin</a> <a title="2011_IFNI_Aarsrapport page 207" href="http://viewer.zmags.com/publication/695c12e2?page=207"> indien </a> <a title="2011_IFNI_Aarsrapport page 208" href="http://viewer.zmags.com/publication/695c12e2?page=208"> Nordea Invest Japan JP Nordea Invest </a> <a title="2011_IFNI_Aarsrapport page 209" href="http://viewer.zmags.com/publication/695c12e2?page=209"> selskaber sig betydeligt bedre end selskaber, der</a> <a title="2011_IFNI_Aarsrapport page 210" href="http://viewer.zmags.com/publication/695c12e2?page=210"> Japan Resultatopgørelse (i 1.000 kr.) note </a> <a title="2011_IFNI_Aarsrapport page 211" href="http://viewer.zmags.com/publication/695c12e2?page=211"> Japan noter 1. Hoved og nøgletalsoversigt </a> <a title="2011_IFNI_Aarsrapport page 212" href="http://viewer.zmags.com/publication/695c12e2?page=212"> Japan 8. kapitalandele aktieinvesteringe</a> <a title="2011_IFNI_Aarsrapport page 213" href="http://viewer.zmags.com/publication/695c12e2?page=213"> Japan </a> <a title="2011_IFNI_Aarsrapport page 214" href="http://viewer.zmags.com/publication/695c12e2?page=214"> Nordea Invest kina KI Nordea Invest K</a> <a title="2011_IFNI_Aarsrapport page 215" href="http://viewer.zmags.com/publication/695c12e2?page=215"> fra, men ikke tidligt nok til at undgå en negativ</a> <a title="2011_IFNI_Aarsrapport page 216" href="http://viewer.zmags.com/publication/695c12e2?page=216"> kina Resultatopgørelse (i 1.000 kr.) note </a> <a title="2011_IFNI_Aarsrapport page 217" href="http://viewer.zmags.com/publication/695c12e2?page=217"> kina noter 1. Hoved og nøgletalsoversigt </a> <a title="2011_IFNI_Aarsrapport page 218" href="http://viewer.zmags.com/publication/695c12e2?page=218"> kina 8. kapitalandele aktieinvesteringe</a> <a title="2011_IFNI_Aarsrapport page 219" href="http://viewer.zmags.com/publication/695c12e2?page=219"> kina </a> <a title="2011_IFNI_Aarsrapport page 220" href="http://viewer.zmags.com/publication/695c12e2?page=220"> Nordea Invest klima og Miljø K&M Nord</a> <a title="2011_IFNI_Aarsrapport page 221" href="http://viewer.zmags.com/publication/695c12e2?page=221"> i de offentlige investeringer i projekter inden f</a> <a title="2011_IFNI_Aarsrapport page 222" href="http://viewer.zmags.com/publication/695c12e2?page=222"> klima og Miljø Resultatopgørelse (i 1.000 kr.</a> <a title="2011_IFNI_Aarsrapport page 223" href="http://viewer.zmags.com/publication/695c12e2?page=223"> klima og Miljø noter 1. Hoved og nøgletalso</a> <a title="2011_IFNI_Aarsrapport page 224" href="http://viewer.zmags.com/publication/695c12e2?page=224"> klima og Miljø 8. kapitalandele aktieinv</a> <a title="2011_IFNI_Aarsrapport page 225" href="http://viewer.zmags.com/publication/695c12e2?page=225"> klima og Miljø </a> <a title="2011_IFNI_Aarsrapport page 226" href="http://viewer.zmags.com/publication/695c12e2?page=226"> Nordea Invest latinamerika LA Nordea </a> <a title="2011_IFNI_Aarsrapport page 227" href="http://viewer.zmags.com/publication/695c12e2?page=227"> ringer i produktionsanlæg, hvilket skabte tvivl o</a> <a title="2011_IFNI_Aarsrapport page 228" href="http://viewer.zmags.com/publication/695c12e2?page=228"> latinamerika Resultatopgørelse (i 1.000 kr.) </a> <a title="2011_IFNI_Aarsrapport page 229" href="http://viewer.zmags.com/publication/695c12e2?page=229"> latinamerika noter 1. Hoved og nøgletalsove</a> <a title="2011_IFNI_Aarsrapport page 230" href="http://viewer.zmags.com/publication/695c12e2?page=230"> latinamerika 8. kapitalandele aktieinve</a> <a title="2011_IFNI_Aarsrapport page 231" href="http://viewer.zmags.com/publication/695c12e2?page=231"> latinamerika </a> <a title="2011_IFNI_Aarsrapport page 232" href="http://viewer.zmags.com/publication/695c12e2?page=232"> Nordea Invest norden N Nordea Invest</a> <a title="2011_IFNI_Aarsrapport page 233" href="http://viewer.zmags.com/publication/695c12e2?page=233"> økonomiske udvikling og større konkurrence skabte</a> <a title="2011_IFNI_Aarsrapport page 234" href="http://viewer.zmags.com/publication/695c12e2?page=234"> norden er der stor indbyrdes uenighed mellem </a> <a title="2011_IFNI_Aarsrapport page 235" href="http://viewer.zmags.com/publication/695c12e2?page=235"> Resultatopgørelse (i 1.000 kr.) note </a> <a title="2011_IFNI_Aarsrapport page 236" href="http://viewer.zmags.com/publication/695c12e2?page=236"> norden noter 1. Hoved og nøgletalsoversigt </a> <a title="2011_IFNI_Aarsrapport page 237" href="http://viewer.zmags.com/publication/695c12e2?page=237"> 8. kapitalandele aktieinvesteringer, sektorforde</a> <a title="2011_IFNI_Aarsrapport page 238" href="http://viewer.zmags.com/publication/695c12e2?page=238"> Nordea Invest nordic small Cap N sc </a> <a title="2011_IFNI_Aarsrapport page 239" href="http://viewer.zmags.com/publication/695c12e2?page=239"> Sectra, som begge leverede stærke regnskaber. Des</a> <a title="2011_IFNI_Aarsrapport page 240" href="http://viewer.zmags.com/publication/695c12e2?page=240"> nordic small Cap Nogle af de væsentligste ris</a> <a title="2011_IFNI_Aarsrapport page 241" href="http://viewer.zmags.com/publication/695c12e2?page=241"> Resultatopgørelse (i 1.000 kr.) note </a> <a title="2011_IFNI_Aarsrapport page 242" href="http://viewer.zmags.com/publication/695c12e2?page=242"> nordic small Cap noter 1. Hoved og nøgletal</a> <a title="2011_IFNI_Aarsrapport page 243" href="http://viewer.zmags.com/publication/695c12e2?page=243"> 8. kapitalandele aktieinvesteringer, sektorforde</a> <a title="2011_IFNI_Aarsrapport page 244" href="http://viewer.zmags.com/publication/695c12e2?page=244"> Nordea Invest stabile aktier SA Norde</a> <a title="2011_IFNI_Aarsrapport page 245" href="http://viewer.zmags.com/publication/695c12e2?page=245"> denne strategi ventes afdelingen at klare sig rel</a> <a title="2011_IFNI_Aarsrapport page 246" href="http://viewer.zmags.com/publication/695c12e2?page=246"> stabile aktier en attraktiv prisfastsættelse </a> <a title="2011_IFNI_Aarsrapport page 247" href="http://viewer.zmags.com/publication/695c12e2?page=247"> Resultatopgørelse (i 1.000 kr.) note </a> <a title="2011_IFNI_Aarsrapport page 248" href="http://viewer.zmags.com/publication/695c12e2?page=248"> stabile aktier noter 1. Hoved og nøgletalso</a> <a title="2011_IFNI_Aarsrapport page 249" href="http://viewer.zmags.com/publication/695c12e2?page=249"> 8. kapitalandele aktieinvesteringer, sektorforde</a> <a title="2011_IFNI_Aarsrapport page 250" href="http://viewer.zmags.com/publication/695c12e2?page=250"> Nordea Invest stabile aktier akkumulere</a> <a title="2011_IFNI_Aarsrapport page 251" href="http://viewer.zmags.com/publication/695c12e2?page=251"> strategi, hvor målet er, at afdelingen skal udvis</a> <a title="2011_IFNI_Aarsrapport page 252" href="http://viewer.zmags.com/publication/695c12e2?page=252"> stabile aktier akkumulerende Forventninger ti</a> <a title="2011_IFNI_Aarsrapport page 253" href="http://viewer.zmags.com/publication/695c12e2?page=253"> Resultatopgørelse (i 1.000 kr.) note </a> <a title="2011_IFNI_Aarsrapport page 254" href="http://viewer.zmags.com/publication/695c12e2?page=254"> stabile aktier akkumulerende noter 1. Hoved</a> <a title="2011_IFNI_Aarsrapport page 255" href="http://viewer.zmags.com/publication/695c12e2?page=255"> 7. kapitalandele aktieinvesteringer, sektorforde</a> <a title="2011_IFNI_Aarsrapport page 256" href="http://viewer.zmags.com/publication/695c12e2?page=256"> Nordea Invest Usa USA Nordea Invest U</a> <a title="2011_IFNI_Aarsrapport page 257" href="http://viewer.zmags.com/publication/695c12e2?page=257"> nem året. Det var primært investeringerne i de to</a> <a title="2011_IFNI_Aarsrapport page 258" href="http://viewer.zmags.com/publication/695c12e2?page=258"> Usa Resultatopgørelse (i 1.000 kr.) note </a> <a title="2011_IFNI_Aarsrapport page 259" href="http://viewer.zmags.com/publication/695c12e2?page=259"> Usa noter 1. Hoved og nøgletalsoversigt </a> <a title="2011_IFNI_Aarsrapport page 260" href="http://viewer.zmags.com/publication/695c12e2?page=260"> Usa 8. kapitalandele aktieinvesteringer</a> <a title="2011_IFNI_Aarsrapport page 261" href="http://viewer.zmags.com/publication/695c12e2?page=261"> Usa </a> <a title="2011_IFNI_Aarsrapport page 262" href="http://viewer.zmags.com/publication/695c12e2?page=262"> Nordea Invest Verden V Nordea Invest</a> <a title="2011_IFNI_Aarsrapport page 263" href="http://viewer.zmags.com/publication/695c12e2?page=263"> tivt. Amerikanske aktier klarede sig relativt god</a> <a title="2011_IFNI_Aarsrapport page 264" href="http://viewer.zmags.com/publication/695c12e2?page=264"> Verden Resultatopgørelse (i 1.000 kr.) note</a> <a title="2011_IFNI_Aarsrapport page 265" href="http://viewer.zmags.com/publication/695c12e2?page=265"> Verden noter 1. Hoved og nøgletalsoversigt </a> <a title="2011_IFNI_Aarsrapport page 266" href="http://viewer.zmags.com/publication/695c12e2?page=266"> Verden 8. kapitalandele aktieinvesteringer,</a> <a title="2011_IFNI_Aarsrapport page 267" href="http://viewer.zmags.com/publication/695c12e2?page=267"> Verden </a> <a title="2011_IFNI_Aarsrapport page 268" href="http://viewer.zmags.com/publication/695c12e2?page=268"> Nordea Invest Østeuropa Øeur Nordea I</a> <a title="2011_IFNI_Aarsrapport page 269" href="http://viewer.zmags.com/publication/695c12e2?page=269"> De østeuropæiske banker blev generelt påvirket ne</a> <a title="2011_IFNI_Aarsrapport page 270" href="http://viewer.zmags.com/publication/695c12e2?page=270"> Østeuropa Resultatopgørelse (i 1.000 kr.) n</a> <a title="2011_IFNI_Aarsrapport page 271" href="http://viewer.zmags.com/publication/695c12e2?page=271"> Østeuropa noter 1. Hoved og nøgletalsoversi</a> <a title="2011_IFNI_Aarsrapport page 272" href="http://viewer.zmags.com/publication/695c12e2?page=272"> Østeuropa 8. kapitalandele aktieinveste</a> <a title="2011_IFNI_Aarsrapport page 273" href="http://viewer.zmags.com/publication/695c12e2?page=273"> Østeuropa </a> <a title="2011_IFNI_Aarsrapport page 274" href="http://viewer.zmags.com/publication/695c12e2?page=274"> Nordea Invest Basis 1 Nordea Invest Basis 1 inv</a> <a title="2011_IFNI_Aarsrapport page 275" href="http://viewer.zmags.com/publication/695c12e2?page=275"> som klarede sig dårligere end statsobligationer, </a> <a title="2011_IFNI_Aarsrapport page 276" href="http://viewer.zmags.com/publication/695c12e2?page=276"> Basis 1 Forventninger til afdelingen Ved ud</a> <a title="2011_IFNI_Aarsrapport page 277" href="http://viewer.zmags.com/publication/695c12e2?page=277"> Resultatopgørelse (i 1.000 kr.) note </a> <a title="2011_IFNI_Aarsrapport page 278" href="http://viewer.zmags.com/publication/695c12e2?page=278"> Basis 1 noter 1. Hoved og nøgletalsoversigt</a> <a title="2011_IFNI_Aarsrapport page 279" href="http://viewer.zmags.com/publication/695c12e2?page=279"> 7. obligationer obligationer, varighedsfordeling</a> <a title="2011_IFNI_Aarsrapport page 280" href="http://viewer.zmags.com/publication/695c12e2?page=280"> Nordea Invest Basis 2 Nordea Invest Basis 2 inv</a> <a title="2011_IFNI_Aarsrapport page 281" href="http://viewer.zmags.com/publication/695c12e2?page=281"> som klarede sig dårligere end statsobligationer, </a> <a title="2011_IFNI_Aarsrapport page 282" href="http://viewer.zmags.com/publication/695c12e2?page=282"> Basis 2 Forventninger til afdelingen Ved udg</a> <a title="2011_IFNI_Aarsrapport page 283" href="http://viewer.zmags.com/publication/695c12e2?page=283"> Resultatopgørelse (i 1.000 kr.) note </a> <a title="2011_IFNI_Aarsrapport page 284" href="http://viewer.zmags.com/publication/695c12e2?page=284"> Basis 2 noter 1. Hoved og nøgletalsoversigt</a> <a title="2011_IFNI_Aarsrapport page 285" href="http://viewer.zmags.com/publication/695c12e2?page=285"> 7. obligationer obligationer, varighedsfordeling</a> <a title="2011_IFNI_Aarsrapport page 286" href="http://viewer.zmags.com/publication/695c12e2?page=286"> Nordea Invest Basis 3 Nordea Invest Basis 3 inv</a> <a title="2011_IFNI_Aarsrapport page 287" href="http://viewer.zmags.com/publication/695c12e2?page=287"> som klarede sig dårligere end statsobligationer, </a> <a title="2011_IFNI_Aarsrapport page 288" href="http://viewer.zmags.com/publication/695c12e2?page=288"> Basis 3 Forventninger til afdelingen Ved udg</a> <a title="2011_IFNI_Aarsrapport page 289" href="http://viewer.zmags.com/publication/695c12e2?page=289"> Resultatopgørelse (i 1.000 kr.) note </a> <a title="2011_IFNI_Aarsrapport page 290" href="http://viewer.zmags.com/publication/695c12e2?page=290"> Basis 3 noter 1. Hoved og nøgletalsoversigt</a> <a title="2011_IFNI_Aarsrapport page 291" href="http://viewer.zmags.com/publication/695c12e2?page=291"> 7. obligationer obligationer, varighedsfordeling</a> <a title="2011_IFNI_Aarsrapport page 292" href="http://viewer.zmags.com/publication/695c12e2?page=292"> Nordea Invest kapitalsikring KS Norde</a> <a title="2011_IFNI_Aarsrapport page 293" href="http://viewer.zmags.com/publication/695c12e2?page=293"> bliver udløst, såfremt indre værdi er under det a</a> <a title="2011_IFNI_Aarsrapport page 294" href="http://viewer.zmags.com/publication/695c12e2?page=294"> kapitalsikring Forventninger til afdelingen I</a> <a title="2011_IFNI_Aarsrapport page 295" href="http://viewer.zmags.com/publication/695c12e2?page=295"> Resultatopgørelse (i 1.000 kr.) note </a> <a title="2011_IFNI_Aarsrapport page 296" href="http://viewer.zmags.com/publication/695c12e2?page=296"> kapitalsikring noter 1. Hoved og nøgletalso</a> <a title="2011_IFNI_Aarsrapport page 297" href="http://viewer.zmags.com/publication/695c12e2?page=297"> 5. obligationer Valutafordeling </a> <a title="2011_IFNI_Aarsrapport page 298" href="http://viewer.zmags.com/publication/695c12e2?page=298"> Nordea Invest stabil Balanceret SB No</a> <a title="2011_IFNI_Aarsrapport page 299" href="http://viewer.zmags.com/publication/695c12e2?page=299"> i danske realkreditobligationer og afdækningen af</a> <a title="2011_IFNI_Aarsrapport page 300" href="http://viewer.zmags.com/publication/695c12e2?page=300"> stabil Balanceret terne på statsobligationer </a> <a title="2011_IFNI_Aarsrapport page 301" href="http://viewer.zmags.com/publication/695c12e2?page=301"> Resultatopgørelse (i 1.000 kr.) note </a> <a title="2011_IFNI_Aarsrapport page 302" href="http://viewer.zmags.com/publication/695c12e2?page=302"> stabil Balanceret noter 1. Hoved og nøgleta</a> <a title="2011_IFNI_Aarsrapport page 303" href="http://viewer.zmags.com/publication/695c12e2?page=303"> 8. obligationer obligationer, varighedsfordeling</a> <a title="2011_IFNI_Aarsrapport page 304" href="http://viewer.zmags.com/publication/695c12e2?page=304"> Om nordea invest Nordea Invest – en god investe</a> <a title="2011_IFNI_Aarsrapport page 305" href="http://viewer.zmags.com/publication/695c12e2?page=305"> Formålet med en investeringsforenings arbejde er </a> <a title="2011_IFNI_Aarsrapport page 306" href="http://viewer.zmags.com/publication/695c12e2?page=306"> Finanskalender 2012 24. februar 2012 År</a> <a title="2011_IFNI_Aarsrapport page 307" href="http://viewer.zmags.com/publication/695c12e2?page=307"> Nordea Invest Fund Management A/S Nyropsgade 17, </a>