31 januari 2012
Raiffeisen-GlobalAllocation-Strategies Plus

Flexible Allocation based on a risk parity approach with a drawdown protection via asymmetric risk strategies

The Raiffeisen-GlobalAllocation-Strategies Plus (ISIN: AT0000A0SE25 – retail share) has been registered in the Netherlands. The fund is managed by the Austrian leading asset man-ager Raiffeisen Capital Management and offers an optimal risk/return profile with a long term volatility target of 10% per annum. Raiffeisen-GlobalAllocation-StrategiesPlus is a diversified fund, covering stocks, bonds, commodities and currency asset classes.

Raiffeisen Capital Management know-how: Raiffeisen-GlobalAllocation-StrategiesPlus investment process uses an actively managed « risk parity approach » to determine the portfolio asset allocation and includes asymmetric risk strategies for added protection. This approach aims at creating a balanced risk portfolio where one asset class does not bear a maximum risk premium compared to the other asset classes.

The first step of the investment process will evaluate how much overall risk, i.e. volatility, the fund should accept given the market environment and will look at the risk contribution of each main asset class. Four major risk pillars have been determined: equities, credits, duration and inflation. Within these four pillars, a risk allocation will be determined at a sub-asset class level and the fund manager will decide on which instruments to use for decision implementation.

The investment process aims at balancing the four main risk sources.

In addition, the Raiffeisen-GlobalAllocation-StrategiesPlus fund benefits from an extra three proprietary asymmetric risk strategies in overlay to act as a « safety net » and limit losses when the market trend is negative.

Launched in April 2008, this fund is now available to Dutch investors. With the Raif-feisen-GlobalAllocation-StrategiesPlus fund, the investor benefits from Raiffeisen Capital Management core expertise in multi-asset management and a dedicated team of 13 experienced professionals.