Alessandro Costa
“During the last month we reviewed our entire portfolio. We replaced DWS Global Value, Gartmore Emerging Markets Equities, UOB Kinetics Paradigm, Mellon Global Bond and Long Term Investment Classic with Vontobel US Value, Templeton Mutual Discovery, Generali Euro Bond and UBS US Growth. All the changes follow the decision to reduce the tracking error of the portfolio. We removed the bets on emerging markets and on global bond asset classes and we increased the weight of defensive funds.”
AMOUNT (€) FUND
8,000 M&G UK Recovery
8,000 Nordea European Value
6,500 Axa Optimal Income
6,500 M&G Global Basics
6,500 MFS European Eq
6,500 Protea Wintergreen
5,500 Long Term Inv Classic
5,000 Vontobel Global Value Ex US
4,500 ING Global High Dividend
4,500 UOB Kinetics Paradigm
4,000 CA Arbitrage VaR4
4,000 DWS Alpha Rent
4,000 Invesco Global Bond
4,000 Mellon Global Bond
4,000 Templeton European TR Debt
3,500 ACM Global Value
3,500 Pictet Emerging Mkts Eq
3,500 UBAM Neuberger Berman US Value
3,000 Nordea North American Value
2,500 Henderson Japanese Eq
2,500 Legg Mason Global Value
