Fact sheet: Deutsche Conc Kaldmrg

Fund information
Fund name
Deutsche Concept Kaldemorgen CH RD GBP
Fund manager company
Deutsche Asset Management SA
Fund type
No data available.
Fund manager
  • Klaus Kaldemorgensince 01/05/2011
Fund objective
The objective of DWS Concept Kaldemorgen is to achieve a total return in Euro by investing in different markets and instruments depending on the overall economic cycle and assessment of the fund management. It also intends to build up long and synthetic short positions profiting from respective over- and undervaluation of various asset classes/instruments and to take advantage of the ability to invest in derivatives for hedging market risks.
Benchmark
  • No Specified Index
Investment style
Multi Strategy
Investment method
Mixed
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
FO Hedge/Stru Prod - Mixed
Yield
-
Fund size
£5,369m (£3,872m last year)
Top in this sector
Fund name1 Year
H2O MultiStrategies34.8%
Pimco GIS Stk Pl26.6%
LFIS VisionPremiaOpps23.6%
Castellain Value22.7%
GLG Mkt Neutral20.7%
...more in FO Hedge/Stru Prod - Mixed

Performance snapshot

Holdings snapshot

  • Money Market30%
    USA21.7%
    Germany10.7%
    UK6.4%
    Others4.7%
  • BB47.3%
    B16.8%
    AAA15.4%
    BBB14.4%
    A3.8%
  • Money Market30%
    US Equities11%
    US Fixed Interest10.7%
    German Equities9.1%
    Commodity & Energy4.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.9%3.7%6.9%---
Sector1.2%1.9%0.4%1%4.4%7.1%
Rank within sector50 / 14028 / 1459 / 142---
Quartile2nd1st1st
Calendar performance
 YTD - 20172016201520142013
Fund2%----
Sector1.1%-0.5%-0.6%5.1%1.4%
Rank within sector37 / 139----
Quartile2nd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
-
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
-
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
-
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
-
Price movement
52 week high111.25
52 week low99.34
Current bid price111.13
Current offer price111.13
Current mid price-
Region
1Money Market30%
2USA21.7%
3Germany10.7%
4UK6.4%
5Others4.7%
6France4.6%
7Switzerland3.5%
8Brazil3.4%
9Japan3.2%
Industry sector
1BB47.3%
2B16.8%
3AAA15.4%
4BBB14.4%
5A3.8%
6Others1%
7AA0.7%
8Non-Rated0.7%
9Unknown-0.1%
Asset type
1Money Market30%
2US Equities11%
3US Fixed Interest10.7%
4German Equities9.1%
5Commodity & Energy4.8%
6UK Fixed Interest3.9%
7French Equities3.7%
8Swiss Equities3.5%
9Brazilian Fixed Interest3.4%
Individual holdings
1UNITED STATES OF AMER TREAS NOTES 0.750% TB 31/10/17 USD1005.4%
2GOLD BULLION SECURITIES LD ETC DLZERO GLD LKD NT 2004 UND4.6%
3NESTLE SA3.3%
4UNITED STATES OF AMER TREAS BONDS 1.5% BDS 15/08/26 USD10003.3%
5ALCOA INC 5.125% BDS 01/10/24 USD20002.3%
6MONSANTO CO2.3%
7ITALY(REPUBLIC OF) 4.75% BDS 01/05/17 EUR10002.1%
8DEUTSCHE TELEKOM AG1.7%
9ING GROEP N.V.1.7%
Management
Fund manager group
DWS Investment
Fund manager company
Deutsche Asset Management SA
Fund type
No data available.
Fund objective
The objective of DWS Concept Kaldemorgen is to achieve a total return in Euro by investing in different markets and instruments depending on the overall economic cycle and assessment of the fund management. It also intends to build up long and synthetic short positions profiting from respective over- and undervaluation of various asset classes/instruments and to take advantage of the ability to invest in derivatives for hedging market risks.
Benchmark
  • No Specified Index
Investment style
Multi Strategy
Investment method
Mixed
Fund manager
NameSinceBiography
Klaus Kaldemorgen01/05/2011Klaus Kaldemorgen Global Head of Equities and member of the Asset Management Global Operating Committee; Spokesman of the Board of DWS Investment GmbH and Board Member of Deutsche Asset Management International GmbH: Frankfurt.He Joined the company in 1982 as fund manager for international bonds; moved to international equities in 1983 and became head of international equities in 1991. In 2003 was appointed Board Member of DWS Investment GmbH and Head of Equities responsible for all equity fund management. In July 2005 became European Chief Investment Officer for Equities and in December 2005 was appointed to the Asset Management Global Operating Committee. In 2006 was named Global Head of Equities.He finished Master's degree in economics from Johannes-Gutenberg-University, Mainz.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Spain, France, United Kingdom, Italy, Luxembourg, Netherlands, Offshore, Portugal
Deutsche Concept Kaldemorgen A2H USD
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.45%
Total expense ratio (TER)1.63%
Bid price119.73
Offer price126.04
Mid price-
CurrencyUSD
Price updated23/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFHEU
Deutsche Concept Kaldemorgen CH RD GBP
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price111.13
Offer price111.13
Mid price-
CurrencyGBP
Price updated23/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE9WA
Deutsche Concept Kaldemorgen E2H USD
Initial charge-
Annual charge0.75%
Min single investment£400,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.74%
Total expense ratio (TER)0.92%
Bid price121.1
Offer price121.1
Mid price-
CurrencyUSD
Price updated23/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFHEV
Deutsche Concept Kaldemorgen FC
Initial charge-
Annual charge0.75%
Min single investment£400,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.85%
Total expense ratio (TER)0.83%
Bid price146.56
Offer price146.56
Mid price-
CurrencyEUR
Price updated23/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNMJ8
Deutsche Concept Kaldemorgen FCH CHF
Initial charge-
Annual charge0.75%
Min single investment£400,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.36%
Bid price108.69
Offer price108.69
Mid price-
CurrencyCHF
Price updated23/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFWVU
Deutsche Concept Kaldemorgen FD
Initial charge-
Annual charge0.75%
Min single investment£400,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price101.28
Offer price101.28
Mid price-
CurrencyEUR
Price updated23/02/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNR0G
Deutsche Concept Kaldemorgen IC
Initial charge-
Annual charge0.6%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.65%
Total expense ratio (TER)0.64%
Bid price134.56
Offer price134.56
Mid price-
CurrencyEUR
Price updated23/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF3MP
Deutsche Concept Kaldemorgen LC
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.62%
Total expense ratio (TER)1.59%
Bid price141.01
Offer price148.43
Mid price-
CurrencyEUR
Price updated23/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNMJ9
Deutsche Concept Kaldemorgen LD
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.6%
Total expense ratio (TER)1.59%
Bid price139.62
Offer price146.97
Mid price-
CurrencyEUR
Price updated23/02/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNMK0
Deutsche Concept Kaldemorgen NC
Initial charge3%
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.31%
Total expense ratio (TER)2.29%
Bid price135.45
Offer price139.63
Mid price-
CurrencyEUR
Price updated23/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNMK1
Deutsche Concept Kaldemorgen SC
Initial charge-
Annual charge0.5%
Min single investment£25,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.47%
Total expense ratio (TER)0.58%
Bid price122.22
Offer price122.22
Mid price-
CurrencyEUR
Price updated23/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFIFQ
Deutsche Concept Kaldemorgen SCR
Initial charge-
Annual charge0.75%
Min single investment£100,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.29%
Bid price111.06
Offer price111.06
Mid price-
CurrencyEUR
Price updated23/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFX0X
Deutsche Concept Kaldemorgen SFC
Initial charge5%
Annual charge1.65%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.31%
Bid price108.4
Offer price114.11
Mid price-
CurrencyEUR
Price updated23/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE19G
Deutsche Concept Kaldemorgen SFCH CHF
Initial charge5%
Annual charge1.65%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.31%
Bid price107.42
Offer price113.07
Mid price-
CurrencyCHF
Price updated23/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE19F
Deutsche Concept Kaldemorgen SFCH USD
Initial charge5%
Annual charge1.65%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.31%
Bid price109.73
Offer price115.5
Mid price-
CurrencyUSD
Price updated23/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE19H
Deutsche Concept Kaldemorgen VC
Initial charge5%
Annual charge1.5%
Min single investment£400,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.64%
Bid price110.03
Offer price115.82
Mid price-
CurrencyEUR
Price updated23/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFX1P
Data provided by

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