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 (16/05/2024): | 168,00 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 (16/05/2024)
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 (16/05/2024) |
|
---|---|
Standard Deviation (2 years): | 8,97 % |
Tracking Error (1 years): | - |
Value at Risk (99% / 20 days): | -5,54 % |
Maximum Drawdown (1 year): | -4,68 % |
Sharpe Ratio (2 years): | 0,43 |
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 30/04/2024
Top Country Allocation in % of Fund Volume (30/04/2024) |
|
---|---|
Luxembourg | 50,52 % |
Ireland | 25,22 % |
Germany | 9,42 % |
United States | 9,21 % |
Asset allocation in % of the fund volume (30/04/2024) |
|
---|---|
Funds | 85,16 % |
Certificates | 9,21 % |
Cash | 5,63 % |
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 fell moderately by -0.30% in April. The gold certificate made the largest contribution to performance, as the gold price rose by 2.53% in USD terms to 2,286.25 per troy ounce. The Schroder ISF Asian Opportunities fund, which invests in the Asian region, and the Squad Capital Squad Value global equity fund also posted positive results. All other target funds were unable to escape the negative stock market trend in April. The ETFs Xtrackers MSCI USA ESG and Invesco Markets S&P 500 ESG, which invest passively in the USA, suffered heavier losses. The active JPM America Equity Fund also fell. In the European investment region, the active Allianz European Equity Dividend remained almost unchanged from the previous month, while the MFS Meridian European Value suffered significant losses. The ETF for the Japanese equity market, iShares MSCI Japan SRI, ended the month almost unchanged. The ProfitlichSchmidlin Fund UI mixed fund fell slightly in April. Due to the broad rise in yields for almost all bond types, bond funds also followed the negative trend, with the active BlackRock Strategic Funds -Sustainable Euro Corporate Bond Fund performing better than the passive target fund Amundi Index US Corp SRI.