Michael Richter
“We reduced the number of holdings by selling the AmEx European Small & Mid Cap Fund and, instead of the Janus Risk Managed Core Fund and the Pioneer US Mid Cap Value Euro Fund, we picked the OP American Equities Fund. Furthermore, we replaced the Spaengler CashTrust with the ESPA Euro Cash and the Dexia Inflation Linked Bond Fund with the Aberdeen Sov. High Yield Bond Fund due to poor performance.”
Amount (E) Fund
10,000 Aberdeen Sov. High Yield Bond Fund
10,000 Meinl European Land (Real estate Eastern Europe)
9000 Fidelity European Growth
8000 BondPortfolio Preferred Securities
7000 American Express Epic Global Emerging Market Short Term Bond Fund euro-hedged
6000 Axa Rosenberg Japan Equity Alpha
6000 ESPA Euro Cash
6000 Magna Global Emerging Markets Equity
6000 M&G Global Leaders (Equity global)
6000 OP American Equities
5000 Global CC AMI
5000 Henderson HF Asian Property Fund
4000 DIT Europazins (Austria) (European investment grade bonds)
4000 Henderson Pan European Equity Multi Strategy Fund
4000 First State Global Resources Long/Short Equity Fund
4000 Invesco Absolute Return Fund
