Present funds currently favored at the broker pool, Fonds Finances.
The Flossbach von Storch Multiple Opportunities R fund, managed by Bert Flossbach, has been one of the top-performing products in the "Flexible Mixed Funds" category in the long term[1]. In 2021, the fund achieved a remarkable return of +11.23%, outperforming the comparison category[2].
The fund's investment strategy is characterised by a highly flexible allocation across multiple asset classes, primarily equities, bonds, convertible bonds, and precious metals, without strict benchmark constraints[2][3]. This approach allowed the fund to adapt to market conditions and seize opportunities across various markets.
In normal phases, the equity quota ranges between 50 percent and 70 percent. However, the fund's equity focus can be adjusted between 25 percent and 100 percent, reflecting the house view of Flossbach von Storch[3]. During the second quarter of 2021, the fund's performance was driven by "Big-Tech" stocks like Alphabet, Facebook, and Microsoft, as well as quality stocks like Roche or Nestlé[3].
A unique feature of the fund is its strategic gold quota of around 10 percent. Gold serves as a hedge and "currency of last resort," providing a balance to the fund's equity-focused strategy[2]. This strategic allocation has historically helped the fund to outperform in all market phases[1].
Despite the fund's focus on growth, it maintains a risk management approach that seeks to understand and manage the risk/reward profile actively[2]. In 2021, the fund's volatility was about 7.15%, and the maximum drawdown was approximately -6.18%. These figures, along with a modest Sharpe ratio around 0.05, reflect moderate risk levels relative to the returns achieved[1].
The Flossbach von Storch Multiple Opportunities R fund is used in several mixed portfolios by the Munich-based company and is featured on the Fonds Finanz fund recommendation list[1]. The ISIN for the fund is LU0323578657[1]. As of January 2022, the fund has gained 9.3 percent since the beginning of 2021, while the comparison category "Flexible Mixed Funds" only gained 7.1 percent[1].
[1] Fonds Finanz [2] Flossbach von Storch Invest [3] Morningstar
- The fund's flexible investment strategy in various asset classes like equities, bonds, convertible bonds, and precious metals, allows it to seize investing opportunities across different markets, providing a unique business approach that sets it apart.
- In addition to its focus on equities, the fund's strategic gold quota of around 10 percent serves as a hedge, offering a balance to the equity-focused strategy, particularly during volatile market conditions, making it a strong performer in all market phases.
