DGC NOTZ STUCKI RAYMOND JAMES STRONG BUY SELECTION’S ASSETS CLIMB ABOVE € 50 MILLION FOR ITS FIRST ANNIVERSARY
The fund exhibits a 19.14% performance since the beginning of the year
What are the origins of this blockbuster? After a setup of several months, a partnership was created between Notz Stucki Group, one of the largest independent asset management companies in Switzerland, incorporated in 1964, and Raymond James & Associates, a US firm founded in 1962 which proposes various financial services like brokerage, research and advice. This partnership gave birth to a US Equities fund. Raymond James & Associates, thanks to the depth and quality of its research, brings the list of its « Strong Buy » rated stocks, and Notz Stucki takes care of portfolio construction and supervisory of each position (weightings, rebalancing,..).
The fund is a UCIT V daily product and is under the umbrella of the DGC Sicav (« Diversified Growth Company ») which is run by Notz Stucki’s Luxemburg team. The fund’s performance this year puts it in the top 8% of its Bloomberg peer group.
How is the fund invested? The fund replicates the entire Raymond James US Strong Buy list. 3 different weightings are applied, depending on market caps. This fund is fully invested with cash levels typically below 1.5%. Very much attention is paid to transaction costs and for that purpose, rebalancing is activated only twice a month. The fund is extremely reactive: stocks upgraded to « Strong Buy » are almost immediately included in the portfolio while those downgraded to any recommendation below “Strong Buy” are excluded from DGC Notz Stucki Raymond James Strong Buy Selection’s portfolio right away.