German “Mr Dax” to launch new equity fund
German author and stock broker Dirk Müller (pictured), colloquially known as Mr Dax, has announced the launch of a new equity fund in collaboration with M.M. Warburg and Focam Ag.
The Dirk Müller Premium Equity Fund aims to provide a response to the current low-yield environment. “I have launched this project because despite the fact that there are plenty of equity funds available, none of them has convinced me sufficiently to invest my own money” comments Müller.
The fund pursues a value strategy, investing in European and US equities whilst applying Warren Buffet’s and Benjamin Graham’s analytic methodologies.
The Funds’ assets are managed by M.M. Warburg Invest, in collaboration with Frankfurt-based Focam AG. Andreas Feiden, former head of private clients at Fidelity, will be in charge of strategy and distribution.
With minimum investments of €500, the fund is predominantly aimed at German retail investors.