FACTSHEET ADVERTISING MATERIAL DJE - SHORT TERM BOND AIMS FOR STABILITY WITH HIGH- QUALITY SHORT TERM BONDS 1 | 4 DJE - SHORT TERM BOND PA (EUR) Fund Management: DJE Kapital AG Fund Manager Dr. Jens Ehrhardt INVESTMENT STRATEGY Responsible Since 27/01/2003 The DJE - Short Term Bond, which invests worldwide, uses the entire bond spectrum with a focus on short residual terms and high creditworthiness. The investment focus is on bonds denominated in Co-Fund Manager Michael Schorpp Euro. A high-quality selection of securities with dedicated evaluation of fundamental data results in Responsible Since 01/04/2014 a concentrated portfolio, which is supplemented by broad market analysis in the search for global yield opportunities. The fund is not linked to sectors, countries, creditworthiness or benchmark Minimum Investment - indices. With its global spectrum of short-dated bonds, the fund offers a balanced risk/reward profile and aims to achieve a sustained positive performance. Fund Facts ISIN LU0159549814 PERFORMANCE IN PERCENT SINCE INCEPTION (27/01/2003) WKN 164321 DJE - Short Term Bond PA (EUR) Bloomberg DJEINCP LX Reuters LU0159549814.LUF Asset Class Bond Funds Short-Dated Eurozone Minimum Equity none Partial Exemption of Income1 none Investment Company2 DJE Investment S.A. Fund Manager DJE Kapital AG Data: Anevis Solutions GmbH, own illustration. As at: 31/08/2021 Type of Share payout2 ROLLING PERFORMANCE OVER 5 YEARS IN PERCENT Financial Year 01/01 - 31/12 Fund (net) in consideration with the maximum issue surcharge of 1.00% Launch Date 27/01/2003 Fund (gross) DJE - Short Term Bond PA (EUR) Fund Currency EUR Fund Size (31/08/2021) 376.32 million EUR TER p.a. (30/12/2020)2 0.72% This sub-fund/fund promotes ESG features in accordance with Article 8 of the Disclosure Regulation (EU Nr. 2019/2088). Ratings & Awards3 (30/07/2021) Morningstar Rating Overall4 Data: Anevis Solutions GmbH, own illustration. As at: 31/08/2021 €uro Fund Award 2020 2nd place over 5 years and 3rd place over 1 and 3 years PERFORMANCE IN PERCENT in the category "Bonds Euroland/Short-term" 1 Mo YTD 1 Yr 3 Yrs 3 Yrs 5 Yrs 5 Yrs Since SI €uro Fund Award 2019 (p.a.) (p.a.) Inception (p.a.) 3rd place over 5 years in the category "Bonds Short- Fund 0.01% 0.52% 0.07% 1.80% 0.60% 2.45% 0.49% 43.00% 1.94% term Euro" €uro Fund Award 2018 Data: Anevis Solutions GmbH, own illustration. As at: 31/08/2021 The presented charts and tables concerning performance are based on our own calculations according to the gross performance (BVI) method2 and illustrate past 1st place over 3 years and 2nd place over 5 years in the development. Future results may vary both positively and negatively. The BVI method takes into account all costs incurred at the fund level (e.g. management category "Bonds Short-term Euro" fees), the net performance and the issue fee. Additional individual costs may be incurred at the customer level (e.g. custodian fees, commission and other charges). Model calculation (net): an investor wishes to purchase shares for Euro 1,000. With a maximum issue surcharge of 1.00% , he has to spend a one-off amount of Euro 10.00 when making the purchase. In addition, there may be custodian costs that reduce performance. The custodian costs are decided by your bank’s price list and service charges. Information regarding past development is not a reliable indicator of future performance. 1 | The fiscal treatment depends on the personal circumstances of the respective client and can be subject of change in the future. 2 | see also on (www.dje.de/DE_en/fonds/fondswissen/glossar) 3 | sources on homepage (www.dje.de/DE_en/page/14500) 4 | see also on page 4 Pullach | Frankfurt | Köln | Luxemburg | Zürich www.dje.de FACTSHEET ADVERTISING MATERIAL DJE - SHORT TERM BOND AIMS FOR STABILITY WITH HIGH- QUALITY SHORT TERM BONDS 2 | 4 DJE - SHORT TERM BOND PA (EUR) Asset Allocation in Percent of Fund Volume1 TOP TEN SECTORS IN PERCENT OF FUND VOLUME Bonds 88.52% Cash 11.48% As at: 31/08/2021 The asset allocation may differ marginally from 100% due to the addition of rounded figures. Top Countries in Percent of Fund Volume United States 29.90% As at: 31/08/2021 Germany 20.13% TOP HOLDINGS IN PERCENT OF FUND VOLUME Italy 15.33% France 2.15% Cayman Islands 2.00% As at: 31/08/2021 Fund Prices per 31/08/2021 Bid 114.92 EUR As at: 31/08/2021 Offer 116.07 EUR RISK MEASURES1 Standard Deviation (2 years) 2.06% Maximum Drawdown (1 year) -1.16% Fees2 Value at Risk (99% / 20 days) -1.32% Sharpe Ratio (2 years) 0.32 Initial Charge 1.00% As at: 31/08/2021 Management Fee p.a. 0.53% MONTHLY COMMENTARY Custodian Fee p.a 0.10% Despite rising inflation figures (USA 5.4%, Germany 2.3% vs. June 2020) the positive mood on the bond markets continued across the board in July. In particular yields on long-term government bonds developed encouragingly. Yields on the 2-year German Bund declined by 10 basis points to -0.76% and its Italian counterpart narrowed by 8 basis points to Risk Class (SRRI 1-7)2 -0.45%. Across the Atlantic 2-year U.S. Treasuries yielded 0.18%, down 7 basis points from previous month. Yields on good-quality corporate bonds fell by 17 basis points to 0.16% in Europe and by 11 basis points to 1.93% on the other side of Low Risk High Risk the Atlantic. High-yield corporate bonds performed negatively in July with their yields widening by 20 basis points to Lower Rewards Higher Rewards 2.99% in Europe and by 13 basis points to 3.88% in the US. In this market environment the price of the DJE - Short Term Bond increased slightly 0.28%. The fund price performance in July benefited from interest rate declines in both 1 2 3 4 5 6 7 government and corporate bonds with good credit ratings. In addition, the strong US dollar also had a positive impact. During the month the fund's management increased its holdings of higher-yielding corporate securities through purchases on both the primary and secondary markets. Chinese corporate bonds were sold under risk considerations (further government regulatory measures against Chinese companies). The fund's bond ratio remained almost stable at 82.15% (82.69% i previous month). The share of public securities decreased slightly from 39.86% to 38.78%. The modified duration was 2.00% (1.89% previous month). By the end of the month the euro was partially currency-hedged against the U.S. dollar. 1 | see also on homepage (www.dje.de/DE_en/fonds/fondswissen/glossar) LU0159549814/KIID/inline) 2 | see also on KIID (www.dje.de/de-en/documents/ Pullach | Frankfurt | Köln | Luxemburg | Zürich www.dje.de FACTSHEET ADVERTISING MATERIAL DJE - SHORT TERM BOND AIMS FOR STABILITY WITH HIGH- QUALITY SHORT TERM BONDS 3 | 4 DJE - SHORT TERM BOND PA (EUR) Target Group The Fund is Suitable for Investors INVESTMENT APPROACH + with a short to medium-term investment The investment focus of the globally investing fund is on bonds with short residual maturities, good horizon liquidity and high creditworthiness. The strategy focuses on corporate and government bonds, + who wish to invest mainly in bonds with mortgage bonds, profit participation certificates, zero-coupon bonds and variable-interest debt shorter maturities instruments. The DJE - Short Term Bond achieves a low currency risk by investing predominantly in + who prefer selective securities picking by EUR securities, whereby part of the fund assets can also be invested in foreign currency bonds. an experienced fund manager Active duration management using interest rate derivatives and management of residual maturities reduces the existing risk of interest rate changes. A balanced mix and an investment horizon geared The Fund is not Suitable for Investors to short maturities are intended to avoid major fluctuations in the strategy and achieve the most stable performance possible. - with a very short-term investment horizon - who prefer higher yields with COMPOSITION OF THE DJE - SHORT TERM BOND correspondingly higher risk - who are not prepared to accept even a low level of volatility Data: DJE Kapital AG OPPORTUNITIES AND RISKS Opportunities + Moderate investment horizon offers attractive risk/return profile + Active interest-rate and risk management + Return potential of short-term bonds Risks - Price drops in the money and capital markets when interest rates rise - Issuer country risks - Issuer credit and liquidity risks - Limited currency risks Pullach | Frankfurt | Köln | Luxemburg | Zürich www.dje.de FACTSHEET ADVERTISING MATERIAL DJE - SHORT TERM BOND AIMS FOR STABILITY WITH HIGH- QUALITY SHORT TERM BONDS 4 | 4 DJE - SHORT TERM BOND PA (EUR) DJE Kapital AG DJE Kapital AG is part of the DJE Group, can draw on LEGAL INFORMATION over 47 years of experience in asset management and The source of all information and responsible for the content and preparation is DJE Kapital AG, unless otherwise stated. is today one of the leading bank-independent financial service providers in German-speaking Europe. Our Figures subject to revision by the auditors on the reporting dates. The published information does not constitute investment strategy, both in equities and bonds, is investment advice or a recommendation, but only provides a brief summary of the key features of the fund. The current based on the FMM method developed in-house: a sales documents (Key Investor Information Document, prospectus, annual report and - if the annual report is older than systematic analysiwhich takes three views on securities eight months - the semi-annual report) for the respective investment funds form the sole basis for the purchase of and the financial markets, fundamental, monetary and securities.