Anlageziel
We implement our eclectic global strategy to value investing through the construction of an actively managed, concentrated value portfolio—in both quantitative and qualitative terms—usually of larger capitalizations, using GARP (growth at a reasonable price) and focusing on favorable industries. Discounted non-tangibles, future excess cash flow expectations and the allocation of actual rising interest from the company’s investment participants may be considered secondary tactics, without overall market timing efforts. In other words, we target both EPS growth and P/E expansion to achieve faster overall appreciation. Using technical and alternative data, we allocate to positive trends and employ a combined value/growth side-by-side equity investment style to reach new highs.
Our investment is based on consistent fundamental company analysis, which involves a systematic and disciplined stock screening strategy. The method integrates bottom-up and top-down approaches. We do not emphasize measuring the systematic risk at the portfolio level. Instead, we rely on a careful review of risks at the holdings level empowered by our qualitative assessment in the investment selection process. The fund will minimally diversify globally into different countries and sectors given the prevailing market conditions. Our investment mandate limitations include derivatives, FX speculation. We may use leverage up to a predefined limit. The Investment Advisor does not invest in initial public offerings.
Our primary investment objective is to secure a consistent and sustainable increase in capital, denominated in euros, over the long term. We hold a firm belief that a strategic approach focused on measured growth is essential for the preservation of capital. To achieve this, our fund places its investments predominantly in top-tier, well-managed companies with a track record of stability and performance, and whose shares exhibit high liquidity. We are committed to pursuing an investment strategy that aims to deliver an annualized return that surpasses the fund's annualized volatility, with a minimum investment of no less than 15% in a diverse equity universe.
