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.
Responsible manager since -
Key information
ISIN: | LU0346993305 |
WKN: | A0NDNP |
Category: | Fund EUR Flexible Allocation - Global |
Minimum Equity: | 25% |
Partial Exemption of Income ¹: | 15% |
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: | distribution |
Financial Year: | 01.01. - 31.12. |
Launch Date: | 01/07/2008 |
Fund currency: | EUR |
Fund Size (18/09/2024): | 169,62 Mio EUR |
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 (18/09/2024)
Morningstar*: |
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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
Rolling performance in %
Risk metrics (18/09/2024) |
|
---|---|
Standard Deviation (2 years): | 7,86 % |
Tracking Error (1 years): | - |
Value at Risk (99% / 20 days): | -4,75 % |
Maximum Drawdown (1 year): | -6,72 % |
Sharpe Ratio (2 years): | 0,67 |
Correlation (1 years): | - |
Beta (1 years): | - |
Treynor Ratio (1 years): | - |
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) |
|
---|---|
Luxembourg | 52,12 % |
Ireland | 20,07 % |
United States | 9,70 % |
Germany | 9,64 % |
Asset allocation in % of the fund volume (30/08/2024) |
|
---|---|
Funds | 81,83 % |
Certificates | 9,70 % |
Cash | 8,47 % |
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
Target group
Der Fonds eignet sich für Anleger
Der Fonds eignet sich nicht für Anleger
Monthly Commentary
The DJE Lux - DJE Multi Flex rose by0.92% in August. Gold reached an all-time high in August, with the price of the troy ounce rising by 2.28% to USD 2,503. The precious metal was therefore the strongest asset class in August and the gold certificate in the portfolio made a pleasing contribution to the fund's performance. Positive performance contributions also came from the newly acquired ETF Amundi S&P 500 Equal Weight ESG, which invests in the broad US equity market. The target funds that invest in the European equity market also made good progress, including an ETF that invests in the European utilities sector and the two actively managed target funds in European value and dividend stocks. Exposure to Asia, including via the Schroder Fund Asian Opportunities C, also made a positive contribution to performance. Exposure in the bond segment, two target funds for US and European corporate bonds, ended the month virtually unchanged. By contrast, the fund's performance was negatively impacted by the passively managed target funds that invest in the Japanese and US equity markets. In addition, the ProfitlichSchmidlin Funds UI mixed fund and DJE - Umwelt & Werte fell slightly.