Flossbach von Storch - Foundation Defensive offers professional and efficient asset management for charitable foundations; its objective is to generate sustainable returns and preserve the value of the investment. According to the principle of risk diversification, the fund management invests globally in equities, bonds, convertible bonds, currencies, gold (indirectly) and investment funds. Derivatives may be used for hedging purposes or to optimise earnings; up to 35% of the portfolio may be invested in equities. When selecting individual stocks, the fund management uses rating models developed in-house, as well as sustainability criteria. The fund pays a dividend once per year. The sub-fund is actively managed. The fund manager determines, regularly reviews and, if necessary, adjusts the composition of the portfolio exclusively in accordance with the criteria specified in the investment policy. The sub-fund is not managed in reference to a index.
|Authorised for distribution:||AT, BE, CH, DE, LI, LU|
|Fund type / legal structure:||UCITS / FCP|
|Launch date:||5 January 2021|
|Financial year end:||30 September|
|Management company:||Flossbach von Storch Invest S.A.|
|Custodian bank / Paying agent:||DZ PRIVATBANK S.A.|
|Manager:||Flossbach von Storch AG|
|which includes a management fee of:||1.56%|
|Issue surcharge:||up to 5.00%|
* incl. max. issue surcharge 5.00%
Source: Custodian bank / Paying agent
In accordance with regulatory requirements, we are not permitted to provide performance figures for this fund, as it has been active for less than a year.
|As at||Share class currency||Issue price||Redemption price||NAV|