Gauly | Dittrich | van de Weyer launches first mutual fund
Gauly | Dittrich | van de Weyer Asset Management, the manager that started operations in Frankfurt on 1 January this year, has launched its first mutual fund, the Multi-Asset Global 5.
The fund is based on an active asset allocation strategy developed by the company’s managing directors Markus van de Weyer and Carsten Vennemann – who are the designated portfolio managers. It is a globally diversified strategy that allocates to equities and fixed income assets including inflation-linked bonds. Allocation uses ETFs, and the absolute return objective is to generate a yield of about 5% annually over an investment cycle.
The fund is launched as a mutual fund under German law, with Metzler Investment GmbH acting as the administering “Master KAG”. Two share classes ensure that although the fund primarly targets institutional investors – such as as pension funds, foundations, insurance companies and banks, as well as public-sector and ecclesiastical organisations – it is also available to private investors.
Markus van de Weyer said: “Following an extensive research and back-testing process, we are pleased to present a mutual fund that embodies our strategy. In an increasingly complex market environment, we offer our customers access to global stock and bond markets and, through active asset allocation, the possibility to profit from opportunities in global markets and regions.”