Key information
The DJE Lux - DJE Multi Flex invests in fixed income bonds, equities, target funds and certificates. Depending on the assessment of the market situation, the fund assets may invest up to 100% of the subfund's assets in target funds or securities. However, it is also possible to invest up to 100% of the sub-fund assets in liquid assets, time deposits or money market instruments in the short term.
Key information
ISIN: | LU0346993305 |
WKN: | A0NDNP |
Category: | Fund EUR Flexible Allocation - Global |
VG/KVG: | DJE Investment S.A. |
Fund Management: | DJE Kapital AG |
Risk Category: | 3 |
This sub-fund/fund promotes ESG features in accordance with Article 6 of the Disclosure Regulation (EU Nr. 2019/2088). | |
Type of Share: | |
Financial Year: | 01.01. - 31.12. |
Launch Date: | 01/07/2008 |
Fund Currency: | |
Fund Size (18/04/2024): | 164,28 Mio |
TER p.a. (29/12/2023): | 0,67 % |
Reference Index: | - |
Fees
Initial Charge: | 6,000 % |
Management Fee p.a.: | 0,500 % |
Custodian Fee p.a.: | 0,070 % |
Advisory Fee p.a.: | 0,30 % |
Ratings & Awards (18/04/2024)
Morningstar*: |
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no esg data available
- is proprietary to Morningstar and/or ist content providers may not be copied or distributed and is not warranted ob e accurate, complete or timely. Neither Morningstar nor ist content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
Perfomance Chart
Performance in Percent
Risk metrics (18/04/2024) |
|
---|---|
Standard Deviation (2 years): | 9,72 % |
Tracking Error (1 years): | - |
Value at Risk (99% / 20 days): | -6,23 % |
Maximum Drawdown (1 year): | -4,68 % |
Sharpe Ratio (2 years): | -0,14 |
Correlation (1 years): | - |
Beta (1 years): | - |
Treynor Ratio (1 years): | - |
Top Country Allocation (28/03/2024) |
|
---|---|
Luxembourg | 50,30 % |
Ireland | 25,68 % |
Germany | 9,75 % |
United States | 9,14 % |
Asset Allocation (28/03/2024) |
|
---|---|
Funds | 85,73 % |
Certificates | 9,14 % |
Cash | 5,14 % |
Investment strategy
Chances
- Maximum flexibility - no restrictions in the choice of investment instruments
- Asset management character through active risk management
- The selection and weighting of asset classes and securities is based on fundamental, monetary and market analysis - this FMM approach has proven itself for approx. 50 years
Risks
- Previously proven investment approach does not guarantee future investment success
- Share prices can fluctuate relatively strongly due to market conditions
- Currency risks due to foreign content in the portfolio
- Price risks for bonds, especially in the event of rising interest rates on the capital market
Monthly Commentary
In March, the DJE Lux – DJE Multi Flex gained 3.44%. All target funds held reported positive results in the reporting period. The highest increases came from the gold certificate. Funds investing passively and actively in US and European equities also achieved strong performance. Good results, although less strong, came from the target funds investing in Asia in general and in Japan. The mixed funds held were also able to make a positive contribution to performance. The bond funds held also achieved positive results. The highest growth at bond level came from European corporate bonds.