Where it invests:
The mutual fund mainly invests in high cap equities of US companies on the Dow Jones Industrial Average index, and to a lesser extent in the equities of global companies that comprise the S&P 500 index. It can also invest no more than 5% of the fund’s assets in the equities of newly-listed companies. A small percentage of the portfolio can also be invested in treasury and/or corporate bonds/debentures both short- and medium- to long-term.
Who is it for:
Long-term, aggressive investors (with an investment horizon over 5 years) knowledgeable about and experienced in investments on the US stock market, who want to tie their investment into how shares perform on the DJ and S&P 500 indexes.
What is the investment goal:
To maximise returns over the long-term by assuming high investment risk.
Which factors affect returns:
- Changes in share prices on the S&P 500 index
- Shifts in interest rates on the interbank market
- The €/$ exchange rate