Fund Matrix

The risk return matrix sets the annual performance of each investment fund in relation to its underlying risk (expressed as volatility p.a.). Generally a higher expected return implies acceptance of a higher degree of risk. The following graphic shows the average annual performance as well as the underlying risk of the DJE Funds over the last 5 years in relation to their respective benchmark.

DJE's defensive products (money market and real estate) on average have achieved a slightly lower return at a lower risk than the bond benchmark (JP Morgan Global Government Bonds Index in EUR) over the past 5 years. The DJE Kapital AG managed equity funds have in general shown a significantly higher return for similar risk compared to the relevant equity benchmark (MSCI World EUR).

Source: DJE Kapital AG, Bloomberg, as at 30/04/2013

The performance is calculated using the BVI (Bundesverband Investment und Asset Management e.V.) method, i.e. without taking into account the subscription fee. Individual expenses such as fees, commissions and other charges are not taken into account in the data and would have a detrimental effect on the performance if they were. The subscription fees payable reduce the invested capital as well as the performance depicted. Data on past performance are not a reliable indicator of future performance.