Gold is currently in high demand. The name of the DJE Gold & Stabilitätsfonds says it all: the fund generally holds around 30% of its fund assets in the precious metal, in addition to substantial equities and high-quality bonds - and it is benefiting from the current gold rally.
The capital markets remain challenging: inflation, geopolitical tensions and increasing volatility have further intensified the need for stability among many investors in recent years. In this context, gold has been considered a safe haven for centuries. It is seen as protection against loss of purchasing power and inflation and as an anchor of stability in times of crisis. This characteristic makes the precious metal an essential building block in a balanced investment portfolio.
Gold is booming
The current market environment underlines this role particularly clearly in view of political uncertainties and geopolitical conflicts. The price of gold has established itself above the USD 3,000 per troy ounce mark over the course of 2025 and recently surpassed the USD 4,000 mark. This puts the precious metal at its highest level ever. Industry experts point out that cost inflation in the commodities sector has now reached a plateau and that the extraction costs of major producers remain stable. Against this backdrop, new scope for margins and cash flows is opening up.
The DJE experts see structural elements in the current rally. Especially in the context of the US currency, which has recently been unable to live up to its character as a crisis currency in its historical form. Continuous central bank purchases to diversify central bank balance sheets are also continuing in many countries around the world. Although precious metals have already risen significantly in the short term, there are numerous structural factors in the medium and long term that continue to argue in favor of an admixture of investment assets.
For investors, this means that the role of gold as a hedge against inflation and an anchor of stability is in greater demand than it has been for years.
Stability with a system
This is precisely where the DJE Gold & Stabilitätsfonds comes in. It combines the traditional security function of gold with other more defensive asset classes, thus creating a robust foundation for long-term wealth preservation. Around 30 percent of the fund's assets are currently invested in physically backed gold. The total proportion, including indirect investments such as securitizations, is adjusted flexibly depending on the market situation and can be up to 49%. This enables the fund to react to different economic and market phases in a targeted manner - with the aim of cushioning risks and at the same time not missing out on opportunities on the gold market.
In addition to the gold allocation, the fund is based on substantial equities from defensive sectors. These include companies from the energy sector, basic materials producers, real estate companies, utilities, providers of non-cyclical consumer goods and telecommunications companies. These sectors are characterized by robust business models and reliable demand. Consistent dividend payments provide regular cash flows and additional security in uncertain phases. Stocks from the Swiss equity market are also included. Stocks are carefully selected according to the in-house FMM method and with a view to fundamental, monetary and market criteria. The focus is always on long-term quality, not speculation on short-term price gains.
Another pillar of the fund is high-quality government and corporate bonds. They are selected specifically on the basis of creditworthiness, solid financial structure and reliable credit standing. These bonds reduce the overall risk of the portfolio and contribute to the stable income through current interest income. This counterbalances the equity component, which may be more susceptible to fluctuations, and thus contributes to the broad diversification of the fund
Currency diversification as a risk buffer
To round off the defensive basic structure, the DJE Gold & Stabilitätsfonds relies on targeted currency diversification. The Swiss franc as the fund currency is particularly noteworthy here. The Swiss franc has been regarded as a crisis anchor for decades and enjoys worldwide trust. In the portfolio, it helps to cushion possible exchange rate fluctuations and thus additionally stabilize the fund's performance.
Balance of value preservation and moderate growth
The fund management deliberately does not pursue any risky growth strategies. Instead, the focus is on substance, quality and defensive sources of income. The DJE Gold & Stabilitätsfonds thus offers investors an investment that is geared towards preserving value without completely ignoring opportunities on the stock market. Gold and the Swiss franc form the safety net, while equities and bonds are intended to provide current income and moderate growth. This combination of stability and opportunity makes the fund a reliable companion through all market phases.
The current gold price trend reinforces the relevance of the concept. In an environment in which precious metals are trading at historically high levels and the risks on the capital markets are not diminishing for the time being, a multi-asset approach that focuses on security while offering diversification is becoming increasingly important. The result is a portfolio that can cushion short-term turbulence and provide a solid foundation for wealth preservation in the long term.
Conclusion
With its clear focus on value preservation and stability, the DJE Gold & Stabilitätsfonds combines the advantages of various asset classes. Physical gold provides basic protection against inflation and market stress. Defensive equities can take advantage of equity market opportunities, and bonds provide stability and current income, while currency diversification additionally reduces risks. The fund thus aims to combine security and opportunity under one roof - a strategy that is gaining in appeal, especially in times of high gold prices and uncertain capital markets.
Legal information
This is a marketing advertisement. Please read the prospectus for the fund in question and the PRIIPs KID before making a final investment decision. This also contains detailed information on opportunities and risks. These documents are available free of charge in German at www.dje.de under the fund in question. A summary of investor rights is available free of charge in German in electronic form on the website at www.dje.de/de/zusammenfassung-der-anlegerrechte. All information published here is for your information only, is subject to change at any time and does not constitute investment advice or any other recommendation. The statements contained in this document reflect the current assessment of DJE Kapital AG. The opinions expressed may change at any time without prior notice. All information in this overview has been compiled with due care in accordance with the state of knowledge at the time of preparation. However, no guarantee and no liability can be assumed for the accuracy and completeness.