Georges Wolff
“During last month, we have made no changes to the portfolio. On a year to date basis, most of our funds have delivered decent performance versus their respective benchmark index. Moreover we maintain our conviction in the different managers. On the allocation side, we keep the small allocation to convertible and high yield funds. We believe that the recent spread widening offers attractive opportunities going forward.”
AMOUNT () FUND
18,000 BGF Global Allocation Fund A2 USD (asset allocation neutral)
15,500 Sinopia AF GBMN 300 € (bond global)
15,500 Templeton Global Bond A MDis USD (bond global)
8,000 BGF US Flexible Equity Fund A2 USD (equity USA)
7,000 DWS Global Value (equity global)
7,000 Sparinvest-Global Value EUR R (equity global)
5,000 Investec American A Acc Net (equity USA)
5,000 UBAM Neuberger Berman US Eq Value (equity USA)
4,000 DWS Invest Convertibles LC (convertible global)
4,000 Henderson HF Pan European Equity A2 (equity Europe)
3,000 Cazenove Pan Europe B EUR (equity Europe)
3,000 JPMorgan - Highbridge Statistical Market Neutral (statistical
arbitrage)
3,000 OYSTER European Opportunities EUR (equity Europe)
2,000 JPM Global High Yield Bond A Acc EUR (high yield)
