Danske Invest Norden Indeks, formerly Danske Invest Indeks Norden, (the Fund) is a Denmark-based investment fund. It is engaged in making specialty investments in the index-based equities of Nordic companies listed on the stock exchanges of Sweden, Denmark, Finland and Norway. As of December 31, 2012, the Fund principally invested in such sectors, as industry (24.2%), finance (19.2%), health care (11.8%), energy (10.1%) and consumer goods (9.2%), among others. As of May 31, 2012, its investment portfolio comprised the shares of Novo Nordisk (8.19%), Hennes & Mauritz AB (5%), Ericsson, Telefon AB LM (3.93%), Statoil ASA (3.9%) and Volvo (3.17%), among others. Danske Invest Indeks Norden is a division of Investeringsforeningen Danske Invest, an investment association based in Denmark.