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Latest hires at Fonds Finances unveiled

Last month, portfolio manager Maximilian Kreitlmeier showcased the five top-performing funds that were highly demanded at the Fonds Finanz broker pool.

Fresh recruits join Fonds Finances sales team.
Fresh recruits join Fonds Finances sales team.

Latest hires at Fonds Finances unveiled

The Flossbach von Storch Multiple Opportunities, a flexible global mixed fund, has been one of the top-performing products in its category in the long term. Managed by Bert Flossbach, this fund has shown resilience in the ever-changing market conditions.

Since the beginning of 2021, the fund has gained an impressive +9.5%, while the peer group managed only +8.2%. This outperformance can be attributed to the strategic and tactical asset allocation, as well as the equity selection process.

The equity quota of the fund currently stands around 80%, with a strategic gold quota of approximately 10%. Notably, there are no bonds in the portfolio, reflecting the house view of Flossbach von Storch Invest, the fund management company.

In August, the fund slightly lagged behind the peer group with a return of +0.2%. This was due to the development of individual stocks such as Pinterest, Barrick Gold, and Unilever. However, quality companies like Nestlé and Alphabet continued to perform well, contributing to the overall growth of the fund.

The stock analysis for the Flossbach von Storch Multiple Opportunities is conducted by BlackRock, a well-known name in the investment world. This association is indicative of the rigorous analysis that goes into selecting titles for the fund.

It's important to note that while sustainability criteria are taken into account in the selection of titles, the Flossbach von Storch Multiple Opportunities is not a sustainable or green fund.

In normal market phases, the equity share of the fund is between 50% and 70%. However, this quota can adjust between 25% and 100%, providing flexibility to navigate various market conditions.

The Flossbach von Storch Multiple Opportunities was highlighted as one of the funds most frequently sold by Fonds Finanz in August. This suggests that it is a core investment for long-term oriented investors, who value its potential for growth and stability.

Bert Flossbach, the fund manager, holds the view that equities are the most attractive asset class in an environment of extremely low bond yields. His strategic approach and belief in equities have undoubtedly contributed to the success of the Flossbach von Storch Multiple Opportunities.

For those interested in investing, the Flossbach von Storch SICAV - Multiple Opportunities can be a compelling choice. The ISIN for the fund is LU0323578657. As always, it's essential to conduct thorough research and consider your individual investment goals before making any decisions.

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