WARBURG-TREND ALLOCATION PLUS-FONDS
ISIN DE0006780380 WKN 678 038

Changed investment strategy on July 25, 2017

The WARBURG-TREND ALLOCATION PLUS-FONDS was launched in May 2005 as a diversification to the G&W-DAXTREND-Strategy. The buy and sell signals for the dynamic weighting of the stock and bond holdings were calculated from the course of stock and bond prices.

The G&W-DAXTREND-Strategy has not been managed on an index-oriented basis since April 2017. The new opportunity/risk management based on individual issues already includes calculations on the relative strength of stocks and bonds. This changes the situation from a diversification perspective, offering the possibility, from July 25, 2017 onwards, to implement one of the most interesting finance-mathematical AIRC developments.

Risk

The risk in investments must be considered just as carefully as the opportunities. Please click risk for an overview of the basic risks and the specific risks of our approach.
Furthermore we request that you read the general and strategy-specific risk descriptions which are contained in the sales prospectus

 
Chart für WARBURG-TREND ALLOCATION PLUS-FONDS
Fund performance in rolling 12 month periods
gross *

gross of sales fee

net **

net of sales fee

Performance calculated on the basis of the repurchase price and reinvestment of payouts at the repurchase price:

gross of sales fee * ) = Fund performance in Euro according to BVI on the basis of the repurchase price. Initial sales fees were not taken into account.

net of sales fee * * ) = Performance for the investor in Euro including a sales fee of 4 % in the first period.

Custodian account fees are not included in this calculation. If they had been included the performance would have been less.

Risk/return profile of the fund (18.05.2005 - 29.09.2017)

Gross-Return* (Cumulative Performance) Risk (Annualized Volatility)
TREND ALLOCATION PLUS - FONDS + 67,4 % 16,1 %

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Performance of the fund in individual calendar years (gross of sales fee*)

2005 + 18,23 % (since inception 18.5.)
2006 + 9,88 %
2007 + 4,04 %
2008 - 17,90 %
2009 + 26,25 %
2010 - 7,13 %
2011 - 2,20 %
2012 +25,67 %
2013 + 9,33 %
2014 - 15,95 %
2015 + 10,27 %
2016 - 5,38 %
2017 until 29.09. + 9,16 %

30.09.2016 - 29.09.2017 + 20,54 % + 20,54 %
30.09.2015 - 30.09.2016 - 17,43 % - 17,43 %
30.09.2014 - 30.09.2015 + 16,17 % + 16,17 %
30.09.2013 - 30.09.2014 - 7,72 % - 7,72 %
28.09.2012 - 30.09.2013 + 2,00 % - 1,92 %

Investment Objectives

  • High degree of participation in uptrends (global stocks)
    • High uptrend quality of individual issues
    • Active portfolio management with presently up to 35 stocks
  • Reduction of drawdowns (all-time portfolio high > interim low)
    • High uptrend quality of individual issues
    • If, temporarily, no purchases of individual issues with high uptrend quality are possible (overall market weakness) then bonds will be purchased

Investment Strategy

  • The fund presently invests with a systematically integrated risk management in up to 35 individual issues
    • 15 stocks from the HDAX (Germany)
    • 10 stocks from the NASDAQ-100 (USA)
    • 10 stocks from the ASX 100 (Australia)
  • Currency exposure from US/Australian stocks hedged against EUR
  • Purchase of individual issues with the greatest uptrend quality
  • Calculation of the uptrend quality – linear regression
  • Stocks sold when uptrends break
  • Average holding period about 42 weeks
  • Risk management: if the proceeds cannot be invested in a different stock with the required minimum trend quality (overall market weakness) then the proceeds will be temporarily parked in government bonds.
  • The fund stock quota is a minimum of 51% of assets. If may have a near-index weighting, and then be completely hedged with stock index futures

Important Information:

Please note that past performance is not a reliable indicator for future performance. Tax treatment varies according to the personal situation of each investor and can change in the future. All information here has been carefully researched, but we cannot guarantee its accuracy. This document is a collection of information and is not advice or a recommendation. An investor must consult with his advisor and receive a customer- and product-oriented counseling prior to the purchase of the fund. The legal basis for the purchase of the fund is the Key Investor Information Document, the current fund prospectus as well as the annual and the semi-annual reports, which may be obtained from Grohmann & Weinrauter VermögensManagement GmbH, Warburg Invest KAG mbH, or the depositary bank. Please see the fund prospectus for general and strategy-specific information on risks.
Data sources: Warburg Invest and own calculations