DJE - Short Term Bond PA (EUR)

The fund aims to invest globally in high-quality bonds with short maturities and investment-grade ratings, primarily denominated in Euro, to achieve a balanced risk/reward profile and positive performance.

The fund is exposed to bonds (96.95% of fund volume) and cash (3.05% of fund volume), with top holdings in the United States (38.23%), Germany (22.45%), Italy (6.72%), and Finland (6.37%). It invests without constraints on sectors, countries, credit ratings, or benchmark indexes.

The fund has a low risk profile, with a management fee of 0.43% p.a., a standard deviation of 2.32% over two years, a maximum drawdown of 0.06% over one year, and a value at risk of -1.47% at a 99% confidence level over 20 days.

https://www.dje.de/media/DJE_Website/Dokumente/Beraterunterlagen/2024_05_DJE-Short_Term_Bond_PA_Beraterunterlage_final.pdf