The offensive mixed fund DJE – Alpha Global, launched in 2003, was renamed DJE – Multi Asset & Trends at the beginning of the month. Moritz Rehmann explains why the new name makes the range of services more transparent and what proven strengths the fund offers even in the current market environment
What will change after renaming DJE – Alpha Global to DJE – Multi Asset & Trends?
deer man: Just the name. We will continue the existing investment philosophy. Investment policy and risk profile remain unchanged. Investors continue to invest in a dynamically oriented theme fund whose new name emphasizes the core properties even more clearly. With DJE – Multi Asset & Trends, investors can benefit from structured, flowing trend lines across various asset classes. The bottom line is also a mixed fund that flexibly brings together many high-potential trends such as demographics. Based on the multi-asset principle, we focus on stocks and mix in bonds. We achieve additional diversification through gold investments. We invest worldwide with an offensive and flexible approach and can thus take advantage of the best possible opportunities. The renaming takes place as part of our further systematization of the DJE fund range.
Chickweed: Trends. Which dynamic and flowing currents does the fund focus on?
deer man: Every company we invest in falls into a broad thematic block with categorical trends. These currently include: demographics and health, digital life, infrastructure and production, green technologies and “tactical issues”. Tactical means: tailored to the current market environment. In the plan to raise interest rates, these include, for example, so-called value titles from utilities and insurance companies. We do not rely on start-ups that are hyped on the market, but above all on solid companies that draw their innovative strength from their own resources and also survive difficult market phases well.
How do you select companies?
deer man: We are pursuing an offensive strategy and are not guided by fixed benchmarks. Stocks are selected based on clear criteria. The foundation is formed by the conducted bottom-up research. Among other things, management qualities, balance sheets, valuations, market positioning, sustainability risks and momentum are important – i.e. whether it is the right time to enter a company. Before we invest in companies, we carefully examine the skills of the management. whether it has occasional industry experience and has also proven itself in about times. To this end, we are seeking a dialogue with the management on site. In addition, the discussions often result in cross-industry, new investment ideas. Our DJE analyst team conducts more than 600 such company meetings per year.
What distinguishes the fund in times of crisis or difficult stock market phases?
deer man: We use the flexibility of the fund and work with the equity ratio depending on market conditions. We also use hedging instruments. Above all, however, it depends on the selection of the individual stocks: The fund contains the knowledge and experience of our research team. The fund is broadly diversified across countries, themes, asset classes and individual stocks and is therefore well prepared for turbulent times. With the multi-asset principle mentioned at the beginning – in addition to stocks and corporate bonds, there are also precious metals in the portfolio – we not only use opportunities on a larger scale, but also spread the risks. Among other things, we have received the Scope Award “Mixed Fund Global Flexible” (1) as proof of our performance.
The number of theme funds is increasing. What should investors know about this?
deer man: Traceability counts. Specifically: We experience our increasingly aging society, artificial intelligence and renewable energies more or less directly in our professional and private everyday lives. We understand these issues from our own experience. This makes the investment spectrum of a fund like DJE – Multi Asset & Trends tangible. This lowers the investment hurdle. And these trends will be with us for a very long time. They are therefore interesting for a medium and comfortable investment horizon, also with a view to financial old-age provision.
