SPINOZA EURO ASSETS STRATEGY FUND

European debt and equity fund with
systematic asset class allocation

The Spinoza Euro Assets Strategy Fund invests in various asset classes with a geographical focus on Europe. In addition to equities, corporate bonds and government bonds, the fund also invests in convertible bonds and precious metals. The primary objective is to generate attractive returns. The fund pursues an anti-cyclical investment approach: In times of high prices and high valuations of equity markets, the fund reduces its equity allocation and takes a more conservative stance. In times of low prices or low valuations, the fund increases its equity allocation and takes a more dynamic stance.

The fund adapts proactively and systematically to the market environment. For this purpose, the fund uses a proprietary investment model ("Systematic Rebalancing Model").

„Market movements are important to the intelligent investor in a practical sense, because they alternately create low price levels at which he would be wise to buy and high price levels at which he certainly should refrain from buying and probably would be wise to sell.“

Benjamin Graham

The geographical focus of the fund is Europe. This enables the fund to seize investment opportunities in attractive European markets while achieving a high degree of diversification across national borders. The selection of investments is based on a thorough, fundamental analysis of the respective markets, regions and companies.

The risk-reward ratio is decisive for every investment decision. To achieve attractive returns, certain price fluctuations must be accepted. For success, it is crucial to understand the risks precisely instead of trying to avoid them completely. Price fluctuations even offer considerable opportunities to the smart investor: In times of low prices, the investor can increase his exposure, thus benefiting from lower entry prices. Conversely, in times of high valuations: The investor uses the optimism of the market to reduce his exposure and to reduce risks. Patience and deliberate action are decisive factors here.