Friends First Concept K fund was introduced to the Irish market in May 2016 and is actively managed by an award-winning team in Deutsche Asset Management. The fund is a multi-asset absolute return fund, focused on providing a return rather than just beating a benchmark. The fund continues to deliver consistent growth and has a positive performance of 6.38% since its introduction to the Irish Market.
Concept K fund competitor analysis
When compared to the performance of competitors’ absolute return funds, Concept K comes out on top.
Bespoke risk control
To generate returns your clients have to take on some risk but Concept K has explicit objectives to control risk:
to keep losses in any calendar year below 10%
keep annualised volatility below 10% per year
capture the majority of market gains but avoid significant losses
Who might this fund be suitable for?
This fund may be suitable if your client is seeking a fund which is:
free to move between asset classes as the fund managers see fit
focused on downside risk with an objective of limiting losses to 10% in any calendar year
categorised with a risk rating of 4 out of 7 on the ESMA risk scale
The Concept K fund is available as a standalone fund option as well as featuring within a number of our Magnet and Compass range of portfolio funds. The Magnet and Compass ranges are ready-made portfolios, each designed with a particular type of investor in mind, making it easier for you to select the right investment for your client’s needs.