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 of Funds |
| VG/KVG: | DJE Investment S.A. |
| Fund Manager: | DJE Kapital AG |
| Risk Category: | 5 |
| This sub-fund/fund promotes ESG features in accordance with Article 6 of the Disclosure Regulation (EU Nr. 2019/2088). | |
| Type of Share: | distribution |
| Financial Year: | 01.01. - 31.12. |
| Launch Date: | 01/07/2008 |
| Fund currency: | EUR |
| Fund Size (16/05/2022): | 207,80 Mio EUR |
| TER p.a. (30/12/2021): | 0,66 % |
| 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 (16/05/2022)
| Morningstar*: |
|
|
Awards: Austrian Fund of Funds Award 2020 Winner in the category "Global Funds of Funds" over 1 and 5 years |
no esg data available
Perfomance Chart
Performance in Percent
Risk metrics |
|
|---|---|
| Standard Deviation (2 years): | 10,51 % |
| Tracking Error (1 years): | - |
| Value at Risk (99% / 20 days): | -6,50 % |
| Maximum Drawdown (1 year): | -11,92 % |
| Sharpe Ratio (2 years): | 0,75 |
| Correlation (1 years): | - |
| Beta (1 years): | - |
| Treynor Ratio (1 years): | - |
Top Country Allocation (29/04/2022) |
|
|---|---|
| Luxembourg | 59,30 % |
| Ireland | 23,65 % |
| United States | 6,94 % |
| Germany | 4,25 % |
Asset Allocation (29/04/2022) |
|
|---|---|
| Funds | 89,29 % |
| Cash | 5,78 % |
| Certificates | 4,93 % |
Investment approach
Chances
- The selection and weighting of asset classes and securities is based on fundamental, monetary and market analysis - this FMM approach has proven itself for over 45 years
- Maximum flexibility - no restrictions in the choice of investment instruments
- Asset management character through active risk management
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
DJE Lux - DJE Multi Flex corrected -3.06% in April. As in the previous month the fund benefited primarily from the significant price increase of the equity fund invested in the agricultural and food sector. An ETF investing in Great Britain and a sub-fund investing in valuable European equities also delivered pleasing contributions to performance. Nevertheless the cybersecurity ETF and the global financials ETF suffered significant price declines. Regionally the USA ETF and the sub-fund investing in Japan also fell more sharply. In addition the target fund investing in European equities with a focus on Germany and the target fund investing in quality and growth stocks in the DACH region performed negatively. The two globally investing equity funds each with a focus on high-dividend companies and growth stocks, were also unable to escape the downward trend and suffered slight declines in value. Finally the gold certificate also declined in the current market environment. During the month the fund management acquired a Northern Europe ETF and in return sold an ETF on the travel & leisure sector. The fund's allocation remained almost stable at 89.29% after 89.23%, as did the share of certificates at 4.93% after 4.83%. By the end of April futures contracts were included in the portfolio of the fund for investment purposes.