Skip to main content

Maximum equity allocation in the Ethna-DYNAMISCH raised

More scope in future to take advantage of the opportunities to be had in global equity markets!

A change in the investment policy of the Ethna-DYNAMISCH will take effect on 1 July 2019, which will enable the fund management to increase the equity allocation to 100% if appropriate. This will enable us to give a positive assessment of the equity markets a stronger influence in the asset allocation of our equity-focused mixed fund.

The Ethna-DYNAMISCH stands for risk-controlled access to global equity markets and has a high degree of flexibility. This flexibility enables the fund management to position the fund optimally whatever the market environment. Increasing the maximum equity allocation to 100% will allow the opportunities in equity markets to be used to better advantage, because, in the past, the cap of 70% on the equity allocation was a restriction in this regard.

In the ongoing low-interest environment in the eurozone, equities continue to have a very attractive risk/return ratio. Given that the equity allocation was limited to 70%, the Ethna-DYNAMISCH’s cash holding was increased recently. Some of this cash holding can now be used to make further attractive investments in equities.

The Ethna-DYNAMISCH will remain true to its fundamentally conservative outlook, even though this move defines more clearly the characteristics of the fund, which are to take advantage of opportunities that arise in global equity markets whilst limiting risks efficiently and effectively.

Regardless of this change to the prospectus, all investment processes – bottom-up and top-down – will continue in the established manner and will be continually enhanced. There are no plans to change the fund’s risk profile. However, this strategic change offers potential to participate to a greater extent in positive equity market trends coupled with an appropriate level of volatility. We feel confident that this enables us to support our clients even better in achieving their investment goals

 

 

Now almost ten years old, the fund’s track record shows that ETHENEA’s fundamental philosophy of preserving capital and generating attractive returns in the long term is applied at every stage of the investment process within the Ethna-DYNAMISCH as well.

Legal notices: An investment in investment funds, as with all securities and comparable financial assets, carries the risk of capital or currency losses. Consequently, the unit price and the yield are variable and cannot be guaranteed. The costs of a fund investment have an effect on the actual profit. No guarantee can be given that the investment objectives will be achieved. The statutory sales documents (Key Investor Information Document, sales prospectuses and reports) provide detailed information on potential risks and form the sole legal basis for a purchase of units. These documents can be obtained free of charge from the management company, ETHENEA Independent Investors S.A., the custodian bank, as well as the relevant national paying and information agents. All information published here constitutes a product description only. It does not constitute investment advice, an offer to enter into an agreement for the provision of advice or information, or an offer to buy or sell securities. The contents have been carefully researched, compiled and checked. No guarantee can be given for correctness, completeness or accuracy. The information includes past data which are no indicator of future performance. The management fee, custodian bank fee and all other additional costs are taken into account in the calculation of the unit price as stated in the provisions of the contract. Performance is calculated using the BVI method (German federal association for investment and asset management), which means that the calculations do not include an issuing charge, transaction costs (such as order fees and brokerage fees), custodian bank fees, or other management fees. Including the issuing surcharge would reduce performance. The performance shown is not a reliable indicator of future performance. 05/06/2019