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
Please contact us at any time if you have questions or suggestions.
ETHENEA Independent Investors S.A.
16, rue Gabriel Lippmann · 5365 Munsbach
Phone +352 276 921-0 · Fax +352 276 921-1099
email@example.com · ethenea.com
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