The Tri Style Fund takes advantage of a wide variety of investment opportunities. Like conventional investment funds, it may invest directly in equities, bonds or money market instruments; in addition, it may purchase investment funds to further increase diversification and thus limit risk. Specifically, this allows to increase or decrease the equity allocation depending on the circumstances. The wide range that can be allocated to equities makes the Tri Style Fund very flexible. This can also help the fund react flexibly to market movements during sustained downturns.
Responsible manager since inception
|Category:||Global Balanced Funds - Flexible|
|VG/KVG:||MASTERINVEST Kapitalanlage GmbH|
|Fund Manager:||DJE Kapital AG|
|This sub-fund/fund promotes ESG features in accordance with Article 6 of the Disclosure Regulation (EU Nr. 2019/2088).|
|Type of Share:||accumulation|
|Financial Year:||01.10. - 30.09.|
|Fund Size (30/11/2022):||63,03 Mio EUR|
|TER p.a. (30/09/2017):||2,35 %|
|Initial Charge:||5,000 %|
|Management Fee p.a.:||1,760 %|
|Custodian Fee p.a.:||0,090 %|
Ratings & Awards (30/11/2022)
no esg data available
Performance in Percent
|Standard Deviation (1 years):||11,46 %|
|Tracking Error (1 years):||-|
|Value at Risk (99% / 20 days):||-7,60 %|
|Maximum Drawdown (1 year):||-17,27 %|
|Sharpe Ratio (1 years):||-1,07|
|Correlation (1 years):||-|
|Beta (1 years):||-|
|Treynor Ratio (1 years):||-|
Top Country Allocation (30/11/2022)
|United States||22,63 %|
|United Kingdom||7,18 %|
Asset Allocation (30/11/2022)
The Tri Style Fund can use the full range of asset allocation. The difference between the Tri Style Fund and a conventional balanced fund is that the former has complete freedom in selecting investments under current Austrian investment fund law. This allows to invest in all classes of equities, in bonds and in derivatives and certificates (see chart below). In addition, the Tri Style Fund has an asset management aspect. The portfolio managers seek attractive investment opportunities around the world in order to fulfil this responsibility.
- Maximum flexibility – no limits on the selection of investment instruments
- The selection and weighting of asset classes and securities is based on fundamental, monetary and market analysis - this FMM approach has has a proven track record of over 45 years
- Active risk management gives the fund asset management characteristics
- Currency risks resulting from the portfolio’s foreign investments
- Proven investment approach to date is no guarantee of future investment success
- Price risks for bonds, particularly when interest rates on the capital markets rise
- Equity prices may exhibit relatively strong fluctuations depending on market conditions
Most international stock markets experienced a brilliant comeback in October after a deep red third quarter. Hopes of a less aggressive monetary policy by the central banks in the USA and Europe were an important catalyst for the soaring share prices. This was reinforced by the price of gas, which fell significantly in an October that was warmer than average. However inflation rates, which remained very high, dashed these hopes. In the euro zone it rose to 10.7%, the highest level since the creation of the euro and in the USA to 8.2% year-on-year. On the bond markets yields on high-quality government and corporate bonds continued to rise, with only high-yield bonds yielding lower than previous month. On the international stock markets all sectors - with the exception of basic materials and real estate - performed positively in October. By far the highest price gains were recorded by the energy sector, followed by the sectors media, industry, credit institutions and insurance. In this market environment the Tri Style Fund registered a performance in height of +1.12%. The fund benefited in October from its positions in German software group SAP and U.S. agribusiness group Archer Daniels Midland, among others. Disappointing on the other hand were the results of Dutch technology investor Prosus and Chinese internet company JD.com, among others. During the month the fund's management increased various sectors slightly, including household goods and basic materials. Regionally, it slightly increased the allocation of Germany in particular. The fund's equity ratio increased to 58.97% (56.66% previous month). The fund ratio remained almost stable at 10.14% (10.33% previous month), as did the bond allocation of 25.04% (25.58% previous month). As of month-end Australian and U.S. dollar-denominated securities as well as Swiss franc and British pound-denominated securities were partially currency hedged.
Figures subject to revision by the auditors on the reporting dates. The published information does not constitute investment advice or a recommendation, but only provides a brief summary of the key features of the fund. The current sales documents (Key Investor Information Document, prospectus, annual report and - if the annual report is older than eight months - the semi-annual report) for the respective investment funds form the sole basis for the purchase of securities. The sales documents are available at no charge at the respective fund company, the distribution company or at www.dje.de.
All data and estimates are indicative and may change at any time. This information is based on our assessment of current legal and tax regulations. The data were carefully compiled, but no guarantee can be given for the accuracy of such information. All data are subject to change.
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.
The tax treatment depends on the individual circumstances of the investor and may be subject to change. Please see the prospectus for more detailed tax information.
In connection with brokering fund units, the Dr. Jens Ehrhardt Group and its distribution partners may receive reimbursements from costs charged to the funds by the investment companies in accordance with the respective prospectuses.
The units of this fund that are issued may only be sold or offered for sale in jurisdictions in which such offer or sale is permitted. Therefore the units of this fund may not be offered for sale or sold in the USA, or offered for sale or sold to or for the account of US citizens or US persons resident in the USA.
This document and the information it contains may not be distributed in the USA. The distribution and publication of this document and the offer or sale of units may also be subject to restrictions in other jurisdictions.
The management company of the funds is MASTERINVEST Kapitalanlage GmbH, Distributor is the DJE Kapital AG. A summary of investors' rights can be obtained free of charge in English in electronic form at www.masterinvest.at/umedia/files/Presentation/Rechtliche_Hinweise/Rechte_der_Anleger_DE.pdf. The funds described in this marketing document may have been notified for distribution in different EU Member States. Investors' attention is drawn to the fact that the relevant management company may decide to withdraw the arrangements it has made for the distribution of the units of its funds in accordance with Article 93a of Directive 2009/65/EC and Article 32a of Directive 2011/61/EU.