Formuepleje - PensionPlanner Balance is a balanced mutual fund of fund launched and managed by Absalon Capital Fondsmæglerselskab A/S. It invests in funds that invest in the public equity and fixed income markets across the globe. For its equity portion, the fund seeks to invest in other funds that invest in the stocks of companies operating across diversified sectors. It invests in funds that invest in the stocks of large-cap and mid-cap companies. For its fixed income portion, the fund invests in funds that invest in bonds with a maturity of up to 3 years. It employs active management style to manage its portfolio. The fund benchmarks the performance of its portfolio against a composite index comprising of 60SCI World Index Total Return Net, 20