Our credo “simple value approaches beat the market” also proves true in difficult times, and therefore we also remain true to our approaches in problematic times. This strategy has rewarded us with an absolute increase in value of over 260% (02/28/2011) since the ACATIS Aktien Global Fonds UI was launched and regular outperformance versus the benchmark (see figure). We are proud that this good performance has been achieved across our entire product portfolio and testifies to the quality of our methodology.

• Indices are simply benchmarks in our view and do not play a role in our investment decisions.
• As a rule, currency positions are not hedged.
• We are always invested close to100%.
• The turnover rate is low – the average holding period is approx. 2 years.
• We like uncertain, volatile times because these phases offer favourable opportunities for us to invest.