Investment policy
The Main fund is managed by the CFK.
The fund pursues a cautious investment policy based on an "absolute return" strategy with moderate risk. The fund seeks a return of 1% above the interest earned on savings while limiting the risk of a loss.
The main part (60%-100%) of the portfolio consist of assets with minimal risk like cash and Euro Core government bonds. A smaller part (0-40%) of the portfolio has a higher exposure to risk like government bonds (< AA-/Aa3) and corporate bonds. This part of the portfolio can also hold corporate bonds, asset backed securities, equities, property worldwide and commodities.
About 17% of the portfolio consists of residential mortgages, residential and Retail.
The asset under management is about € 600 mln.