Concept K is the popular, targeted absolute return fund launched in the Irish market by Friends First on May 5th 2016. The fund, which is managed by Deutsche Asset Management, invests in Concept Kaldemorgen; a well-established strategy with a proven track record. This underlying strategy has an impressive six year track record delivering strong returns whilst controlling volatility.
Deutsche Concept Kaldemorgen, the underlying strategy for Concept K, is managed by a seasoned team of investment professionals under strong leadership. The team aims to adhere to two key risk parameters; keep both annualised volatility and maximum drawdown in any calendar year to single digits. The team have a clearly defined investment philosophy which involves focusing on ‘Downside Risk Management’ using a state of the art proprietary shortfall model.
A flexible approach to multi asset investing
Since the launch of Concept K it has been a difficult time for target absolute return strategies as markets have been hit with significant ‘shock’ events such as the result of the Brexit vote in the UK and the election of Trump as US president. However, Concept K has managed to navigate market twists and turns during this time. The Concept K fund performance since launch is 6.74%*.
In the targeted absolute return space the Compass Range has recently invested in the Concept K strategy. This addition complements the targeted absolute return allocations already held in the Insight Currency Fund managed by Alder Capital and the Multi Strategy Global Bond fund managed by Deutsche Asset Management.
The funds referred to on this page may be linked to an insurance-based investment product and the Key Information Document (KID) for this product is available at www.friendsfirst.ie/kids. The Risk Ratings of the funds referred to in this document differ from the corresponding Summary Risk Indicators shown in the KID. An explanation of the differences between the Risk Rating and the Summary Risk Indicator is available at the location above.
Warning: If you invest in this product, you may lose some or all of the money you invest.
Warning: Past performance is not a reliable guide to future performance.
Warning: The value of your investment can go down as well as up.
Warning: Funds may be affected by changes in currency exchange rates.