GERMANY - Deutscher Investment Trust is launching a European equity fund with a discount strategy through its subsidiary in Luxembourg.
The dit-High Dividend Discount fund – which invests in European stocks with a high dividend yield – will be launched on November 30.
Deutscher said the fund’s management aims to earn additional income by utilising systematised option deals.
“By reason of their construction, equity funds with a discount strategy, particularly in stagnating and slowly rising markets, earn more income compared to funds without a discount,” Deutscher said in a statement.
“The dit-High Dividend Discount is thus particularly suitable for risk-aware investors who are anticipating continued sideways movement on the European stock markets and nevertheless wish to earn an attractive yield.”
Henrik Büscher has been appointed fund manager.
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