Management Style

Asset Manager: Kraemer, Schwab & Co AG 

Kraemer, Schwab & Co AG is an independent Asset Management and Investment Advisory Company, wholly controlled by its partners. The company was founded in 1983. All partners have completed higher education in the field of finance and have many years of experience. Presently, Kraemer, Schwab & Co AG manages some US$ 1.4 Bio in assets.

Their primary aim is to achieve a long term above average capital appreciation by investing in a diversified portfolio of stocks and bonds. The return should comfortably beat inflation. They look, often against the actual fashion, for undervalued stocks and bonds, which over time will provide good added value. For Equity investments Kraemer, Schwab & Co AG focuses on well financed companies, which are less susceptible to cyclical swings and have products with good or even high profitability, whenever they are available at attractive prices. They tend to stay with their investments for several years and participate in their growth. Very often Kraemer, Schwab & Co AG acquires these companies when they suffer temporary setbacks or when they are unpopular for one reason or another.

Bonds are being purchased for attractive yields at acceptable quality. In most cases, they are below investment grade. Kraemer, Schwab & Co AG carefully looks at the capacity of the debtor to pay interest and principal. Often the debtor is an emerging country, but also orporate bonds are being purchased.

The performance track record of Kraemer, Schwab & Co AG looks as follows:

* including DEM-Performance 1987 - 2001

(Last update: End 2009)