Overview

Investment Objective

Taaleri Optimi funds investment strategy can be described as a liquid and fully transparent version of the biggest university endowments allocation mandates (for ex. Yale). The objective is to achieve equity like returns with significantly lower volatility. The core of the investment strategy is to use quantitative portfolio optimization tools to allocate funds across various asset classes. The fund uses mainly ETPs to implement the strategy.

Growth of 100 (EUR)

8/31/19

Risk Level 5/7

1 = Lower risk, lower expected return
7 = Higher risk, higher expected return

ISIN
FI0008812276
Inception Date
10/11/07
Net Asset Value (NAV)
138.61 EUR
9/13/19
Total Net Assets (mil)
7.87 EUR
7/31/19

Fund Benchmark

Markit iBoxx EUR Sovereigns TR (50%)
MSCI World NR USD (50%)

Performance

Trailing Returns

9/13/19

Year to Date
12.44%
3 Years Annualised
4.04%
5 Years Annualised
4.20%
10 Years Annualised
5.53%

Return/Risk Analysis

8/31/19

Morningstar
Risk Measurement 1 Year 3 Years 5 Years
Standard Deviation 9.68 6.55 8.51
Sharpe Ratio 0.26 0.54 0.53
Positive Months 6 19 35
Negative Months 6 17 25

Portfolio

Asset Allocation %

Net
Stocks 59.43
Bonds 21.82
Cash 4.70
Other 14.05

Stock Sector Weightings %

Fund
Cyclical 39.27
Basic Materials 4.47
Consumer Cyclical 11.67
Financial Services 13.15
Real Estate 9.98
Sensitive 35.99
Communication Services 4.17
Energy 2.43
Industrials 11.62
Technology 17.77
Defensive 24.74
Consumer Defensive 9.74
Healthcare 11.98
Utilities 3.02

Country Exposure %

Fund
United States 35.69
Germany 12.85
Japan 8.89
United Kingdom 7.76
Australia 5.46
Switzerland 3.69
Netherlands 3.68
France 3.65
China 3.40
Hong Kong SAR China 2.80
Other 12.12

Top 10 Holdings

71.92% of total assets in the fund

  1. iShares Core S&P 500 ETF USD Acc
    Ireland
    12.52%
  2. Amundi IS MSCI Europe Quality Fctr ETF-C
    Luxembourg
    10.54%
  3. iShares Edge S&P 500 Min Vol ETF USD Acc
    Ireland
    8.15%
  4. Invesco Goldman Sachs Eq Fac EM ETF AUSD
    Ireland
    7.63%
  5. iShares Global Corp Bond EURH ETF Dist
    Ireland
    6.11%
  6. iShares Core MSCI Pac ex-Jpn ETF USD Acc
    Ireland
    5.99%
  7. X DB Bloomberg Cmdty Optm Y Swap ETF2C H
    Luxembourg
    5.89%
  8. iShares € High Yield CorpBd ETF EUR Dist
    Ireland
    5.87%
  9. Amundi ETF iStoxx Eurp M-Fac Mkt Ntr A/I
    France
    4.78%
  10. iShares TecDAX® (DE)
    Germany
    4.44%

Fees and Expenses

Switching Fee
0.00%
Exit Charge
1.00%
Initial Charge
1.00%
Ongoing Charge
1.40%
Performance Fee
20.00%
Management Fee
0.90%
Total Expense Ratio (TER)
0.93%

Purchase Details

Additional Investment
100 EUR
Initial Investment
100 EUR

Portfolio Managers

Niko Fagernäs

Niko Fagernäs

Portfolio Manager
Portfolio Management
Helsinki
+358 44 9818 644

Filings