OTP Trend Alap

public, open end, equitiy fund

Inception: 23.12.2011. | Bloomberg: OTPINEQ HB Equity | Benchmark: 95% MSCI World (Net Dividend) + 5% ZMAX

_{The components of the benchmark are converted into the currency of the series at the MNB's middle exchange rate of the current banking day.}

Portfolio managers

Investment policy, about the portfolio

The Fund aims to identify and invest in the most popular stocks in the US and Western European capital markets. In most cases, there are fundamental reasons for a company to become popular among customers and investors. Appealing company fundamentals combined with the herding behaviour of investors can create an above-average performance on stock markets in good times. There is no free lunch however: in case of the inevitable risk-off periods, glamour stocks tend to suffer above-average losses. The fund manager seeks to mitigate those tail-risk periods by analysing the trend of the broader market: if the established up-trend is violated he increases the cash allocation of the Fund. The equity allocation of the Fund is between 0-100% and the average allocation over a typical 3-5 year market cycle is roughly 75%.

Downloads

• Monthly factsheet