Key information
The fund focuses its investments on German equities from all segments, with the majority of investments being made in financially solid German large caps. Selected small and medium-size companies are also part of the investment mix. Particular emphasis is placed on an intensive contact with the company. Additionally, up to 10% of the fund's assets may be invested outside Germany. The fund is actively managed and the cash reserves can be dynamically managed depending on the market situation.
Responsible manager since inception
Key information
ISIN: | LU0087798301 |
WKN: | 921807 |
Category: | Fund Germany Equity |
Minimum Equity: | 51% |
Partial Exemption of Income ¹: | 30% |
VG/KVG: | UBP Asset Management (Europe) S.A. |
Fund Management: | DJE Kapital AG |
Risk Category: | 5 |
Type of Share: | accumulation |
Financial Year: | 01.01. - 31.12. |
Launch Date: | 25/05/1998 |
Fund currency: | EUR |
Fund Size (18/09/2024): | 23,06 Mio EUR |
TER p.a. (30/06/2020): | 2,18 % |
Reference Index: | 100% DAX INDEX |
Fees
Initial Charge: | 3,000 % |
Management Fee p.a.: | 1,500 % |
Custodian Fee p.a.: | 0,100 % |
Advisory Fee p.a.: | 0,60 % |
Ratings & Awards (18/09/2024)
Morningstar*: |
|
Awards: €uro Fund Award 2023 1st place over 1 year and 2nd place over 3 years in the category "Equity funds Germany" |
no esg data available
- The fiscal treatment depends on the personal circumstances of the respective client and can be subject of change in the future.
- 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 vs. Reference Index
Rolling performance in %
Risk metrics (18/09/2024) |
|
---|---|
Standard Deviation (1 years): | 9,93 % |
Tracking Error (1 years): | 19,12 % |
Value at Risk (99% / 20 days): | -6,18 % |
Maximum Drawdown (1 year): | -5,95 % |
Sharpe Ratio (1 years): | 1,17 |
Correlation (1 years): | 0,01 |
Beta (1 years): | -0,05 |
Treynor Ratio (1 years): | -257,12 |
Country allocation total portfolio (% NAV)
*Note: Cash position is included here because it is not assigned to any country or currency.
Data: Anevis Solutions GmbH, own illustration 30/08/2024
Top Country Allocation in % of Fund Volume (30/08/2024) |
|
---|---|
Germany | 85,75 % |
Ireland | 2,34 % |
Asset allocation in % of the fund volume (30/08/2024) |
|
---|---|
Stocks | 63,64 % |
Bonds | 24,45 % |
Cash | 11,91 % |
Investment strategy
Germany is a country that has a lot to offer: It is not only by far the largest economy in the European Union (EU), but also the fourth largest in the world. Although Germany was home to only around 1.1 percent of the world's population in 2020, it accounted for 8.9 percent of global goods exports and 6.6 percent of goods imports in the same year, according to UNCTAD estimates. Germany is one of the world's most important export and import nations. Germany's growth is generated on a broadly diversified basis. In addition, Germany enjoys a leading global market position in key industries, including automotive, chemicals and mechanical engineering, thanks to its skilled workforce and the large number of small and medium-sized companies with high innovative strength. The high savings rate of consumers, the healthy real estate price development, the excellent infrastructure and the first-class quality of life also open up further potential. UBAM - Dr. Ehrhardt German Equity focuses on the further development and dynamics of German companies. The fund management invests not only in well-known large stocks from the German share index DAX, but also in medium-sized and smaller companies.
Chances
- Experienced fund manager following an investment approach based on fundamental, monetary and market-technical (FMM) analysis, which has a proven track record of approx. 50 years
- The mix of smaller and medium-size companies allows investors to profit from the small and mid-cap segment
- Active management – high cash reserves can be built up ahead of sharp market falls
Risks
- Proven investment approach to date is no guarantee of future investment success
- Equity prices may exhibit relatively strong fluctuations depending on market conditions
- Issuer credit risks
Target group
Der Fonds eignet sich für Anleger
- who wish to invest primarily on the Germany equity market
- who are also interested in investing in smaller and medium-size companies
- with a medium- to long-term investment horizon
Der Fonds eignet sich nicht für Anleger
- who seek a safety-conscious investment
- who are not prepared to accept any volatility and significant losses
- with a short-term investment horizon
Monthly Commentary
No commentary is provided for this fund.
Sales prospectus and further documents
The supervisory and regulatory documents as well as the factsheet for this fund are available on the website of the investment company under the following link: UBP