Michael Richter
“The only major change we made to our portfolio, aimed at increasing the diversification in our bond segment, was the substitution of the Invesco Global Corporate Bond fund with the BondPortfolio Preferred Securities, which is managed by Spectrum Asset Management. In addition, we reduced the weighting of the AMEX Global Emerging Market Short Term Bond by 5 percentage points and initiated a holding of the Henderson HF Global Property fund, due to our positive outlook on real estate.”
Amount (E) Fund
10,000 Meinl European Land (Real estate Eastern Europe)
8,000 M&G Global Leaders (Equity global)
8,000 Dexia Inflation Linked Bond Fund
8,000 Magna Emerging Markets Equity
7,000 American Express Epic Global Emerging Market Short Term Bond Fund EUR-hedged
7,000 BondPortfolio Preferred Securities
6,000 Fidelity European Growth
6,000 Spaengler Cash Trust
6,000 Magna Eastern European Fund
5,000 Henderson HF Global Property Fund
5,000 American Express European Small & Mid Cap
4,000 Henderson European Equity Market Neutral Fund
4,000 Dexia Credit Arbitrage
4,000 Janus Risk Managed Core Fund (US equity)
4,000 AXA Rosenberg Japan Equity Alpha
4,000 Pioneer US Mid Cap Value EUR
4,000 American Express Epic Global High Yield Euro
