Anlagepolitik
So investiert der Capeo High Yield Fund USD A TC Fonds: The sub-fund pursues an active asset allocation strategy. The investment strategy is based on a quantitative model, which generates a momentum signal for entry and exit points into the US and Global High Yield bond market according to multiple top-down macro and technical data points. According to the signal‚ the sub-fund seeks to implement its investment objective by primarily investing in a diversified portfolio of high yield fixed income mutual funds or in cash through various cash management solutions. The sub-fund may also invest in equity funds for diversification purposes. The strategy seeks to participate in above average returns during investment periods by making use of leverage. The selection of the respective investment periods is based on the academically proven momentum strategy. The main objective of the approach is a significant reduction of absolute losses ("drawdown reduction") as well as the long-term risk-weighted outperformance comp
