Christoph Hott
“The prospect of more rate cuts has failed to stem the sell-off, as fears of a recession caused stocks sensitive to the US consumer to plunge. Cyclicals and consumer discretionary stocks have suffered a miserable start to 2008. The sector entered a ‘bear market’, having fallen more than 20 per cent below its previous market peak. As the odds of recession have grown and credit concerns have not diminished, large-cap growth funds have been a haven for those seeking stability. This does not speak well for overall market sentiment, but could be a possibility to outperform the stock market in the long term.”
AMOUNT (E) FUND
15,000 eb.rexx Gov Germany 1.5-2.5 yrs (euro bond; short term)
12,000 eb.rexx Gov Germany 2.5-5.5 yrs (euro bond; medium term)
7,500 Allianz-dit High Dividend Discount (European certificate funds; alt investments)
7,500 MainFirst avant-garde (Europe equity; large-cap growth)
7,500 Schroder Euro Dynamic Growth (Europe equity; large-cap growth)
5,000 BlackRock Merrill Lynch US Growth (US equity; large-cap growth)
5,000 Nordea European High Yield Bond Fund (European high-yield bond)
5,000 OP Hedge Multi Strategies Plus (fund of hedge funds; alt invests)
5,000 OP Value European Equities (Europe equity; large-cap value)
5,000 UBS (Lux) European Opportunities (Europe equity; large-cap blend)
5,000 UBS Emerging Economies-local currencies (emerging markets bond; short term)
4,000 DWS Bonuszertifikate (European certificate funds; alt invests)
4,000 HSBC Trinkaus Aktienstrukturen Europa (European certificate funds; alt investments)
2,500 AXA Rosenberg Japan Equ Alpha (Japan equity; large-cap blend)
2,500 eb.rexx Gov Germany 5.5-10.5 yrs (euro bond; long term)
2,500 Janus Intech US Risk Managed Core (US equity, large-cap growth)
2,500 Templeton Asian Growth (Asian ex J. Equity; large-cap value)
2,500 WIP Pramerica US Value (US equity; large-cap value)
