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 (01/12/2022): | 195,79 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 (01/12/2022)
| Morningstar*: |
|
no esg data available
Perfomance Chart
Performance in Percent
Risk metrics |
|
|---|---|
| Standard Deviation (2 years): | 11,40 % |
| Tracking Error (1 years): | - |
| Value at Risk (99% / 20 days): | -7,31 % |
| Maximum Drawdown (1 year): | -15,02 % |
| Sharpe Ratio (2 years): | 0,13 |
| Correlation (1 years): | - |
| Beta (1 years): | - |
| Treynor Ratio (1 years): | - |
Top Country Allocation (30/11/2022) |
|
|---|---|
| Luxembourg | 50,13 % |
| Ireland | 21,24 % |
| Germany | 8,71 % |
| United States | 6,96 % |
Asset Allocation (30/11/2022) |
|
|---|---|
| Funds | 82,06 % |
| Cash | 12,96 % |
| Certificates | 4,98 % |
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
The price of the DJE Lux - DJE Multi Flex rose 1.05% in October. The ETF on the energy sector delivered by far the highest contribution to fund performance in the month under review. In addition titles of the financial sector also generated strong gains. Further pleasing results came from the ETFs investing in the US, such as the ETF on sustainable US stocks focusing value and the ETF exposed to sustainable US companies with high market capitalization. The cybersecurity ETF and the equity fund investing in the agricultural and food sector as well as the equity fund investing in the healthcare industry also contributed positively to fund price performance. Finally, the target fund focused on European dividend stocks also posted stronger gains. On the other side the mixed fund investing in Europe was only able to gain a slight price increase. Negative impulses in October came from the equity fund investing in Asia and the Pacific region and the certificate on physical gold. During the month the fund management increased the existing European dividend fund and the ETFs investing in the USA. On the other hand, it reduced the Asian allocation. The sub-fund investing in Japan was sold completely. At the end of the month futures contracts were part of the portfolio for hedging purposes.