Block
Conservative:
Value 20
 Strategy
Value 40 Jan 22
Regular returns

Interest income and dividends ensure long-term real preservation of your assets with small price fluctuations

In-house bond fund

The focus is on our in-house bond fund, which invests in a selective range of attractive corporate bonds.

Handpicked individual shares

The units of the bond fund are efficiently supplemented with 20-25 hand-selected individual stocks.

Block
Conservative:
Value 20
 Strategy
Value 40 Jan 22
Regular returns

Interest income and dividends ensure long-term real preservation of your assets with small price fluctuations

In-house bond fund

The focus is on our in-house bond fund, which invests in a selective range of attractive corporate bonds.

Hand-picked individual stocks

The units of the bond fund are efficiently supplemented with 20-25 hand-selected individual stocks.

Block
Performance
2016*
2017*
2018*
2019*
2020*
2021*
2022
since begin
Value 20
Benchmark
11,94%
4,30%
8,41%
2,58%
0,10%
-2,09%
15,46%
8,20%
4,59%
2,49%
8,36%
3,02%
-14,31%
-6,55%
36,21%
11,83%
Value 100
+0,93%
Benchmark*
+0,61%

The performance shown is before costs and taxes. The benchmark serves as a comparison and consists of 10.5% MSCI World Price Index EUR, 4.5% Euro STOXX 50, 70% Euro Corporate Total Return Index Value and 15% Cash.
 
*Values are based on back calculations of the sample portfolios.

As of: 31.05.2022

Commentary on current performance

High-performance corporate bonds

In-house “Fructus Value Capital” bond fund

The “Fructus Value Capital Fund” serves as an optimal complement to your shares. In 2020, the fund achieved a performance of 29.65% (before costs and taxes). A large part (80-100%) of the capital under management is invested in a selection of attractive corporate bonds. A small portion may be invested in government bonds to manage liquidity, and convertible bonds may be used as an opportunistic complement.
Estably equities

Hand-selected individual shares

Outstanding companies at a bargain price

Instead of ETFs or equity funds, we invest your assets in approx. 20 – 25 carefully selected individual stocks. For us to buy a share, a company has to convince us on a whole level. In addition to balance sheets and key figures, we are particularly interested in the soft factors that cannot be determined by numbers. These include, for example, the quality of the business model, the management, or unique competitive advantages.
Block
Performance
Value 20
Benchmark
13,49%
3,50%
-1,22%
-3,46%

since begin

36,21%
11,83%
Value 20
Benchmark
13,49%
3,50%
-1,22%
-3,46%

2022

-14,31%
-6,55%
Value 20
Benchmark
13,49%
3,50%
-1,22%
-3,46%

2021*

8,36%
3,02%
Value 20
Benchmark
13,49%
3,50%
-1,22%
-3,46%

2020*

4,59%
2,49%
Value 20
Benchmark
13,49%
3,50%
-1,22%
-3,46%

2019*

15,46%
8,20%
Value 20
Benchmark
13,49%
3,50%
-1,22%
-3,46%

2018*

0,10%
-2,09%
Value 20
Benchmark
13,49%
3,50%
-1,22%
-3,46%

2017*

8,41%
2,58%
Value 20
Benchmark
13,49%
3,50%
-1,22%
-3,46%

2016*

11,94%
4,30%

The performance shown is before costs and taxes. The benchmark serves as a comparator and is composed of 10.5% MSCI World Price Index EUR, 4.5% Euro STOXX 50, 70% Euro Corporate Total Return Index Value and 15% cash.
 
*Values based on back calculations of the model portfolios

Status: 31.05.2022

Risk management

Safety margin concept

The concept of the “safety margin” within the framework of our value investing strategy provides that each share in your portfolio has a sufficient safety cushion. This cushion is created by the difference between the share price and the actual value of the company. The more undervalued a company is according to our analyses, the more likely it is to weaken (for example in times of crisis) in order to still be profitable. In addition, we invest primarily in companies that have already proven in the past that they can survive crises unscathed or that have sufficient liquidity to master a future one.
More about our strategy

20.000€ / 100.000€

Minimum investment amount
(depending on custodian bank)

1,2% / 1,5% p.a.

All-In Fee
(depending on custodian bank)

10%

Performance Fee
(High-Water-Mark Prinzip)

New customer promotion: Pay only with positive performance

We offer to new customers the opportunity to invest free of fixed costs (without all-in fee). Instead, a performance fee of 19% is charged on the profits only if we were able to increase your assets.
Everything about the special promotion
Value

Value 20 Strategy

You Receive

  • Professional Asset management
  • Your own custody account at Baader Bank or LLB
  • Participation's in outstanding companies
  • Units in the Fructus Value Capital bond fund
  • Access to your personal dashboard
  • Regular information in the form of summarized quarterly reports and company updates
Invest your assets now

View more portfolios:

Value 40 / Value 60 / Value 80 / Value 100 / Value 100 Green