Investing in the AI cycle
The Private Alpha funds – supported by CaesarDPT, our proprietary AI research terminal.
Global Value Leaders Fund
Always invested in the best global value stocks, those with the highest potential.
Partners
Fund in brief
The investment idea.
The Global Value Leaders Fund invests specifically in undervalued quality companies worldwide with the aim of achieving long-term capital growth.
Its focus is on companies with robust business models, strong balance sheets and sustainably predictable cash flows that offer attractive value potential. Holdings are selected through a systematic, four-stage investment process combining fundamental quality with allocation geared to the market phase. The result is a globally diversified portfolio directed at the structural winners in the value segment, which can at the same time be adapted flexibly to different market phases.
Undervalued
Attractive value potential.
High potential
Structural winners in the value segment.
Strong balance sheets
Robust business models.
Sustainable value
Predictable cash flows.
Performance & key figures
Performance.
As at 15 Sep 2026
Performance in per cent
including distributions
| Periods | Calendar years | ||||||
|---|---|---|---|---|---|---|---|
| 1 Monat | 3 Monate | 6 Monate | YTD | Seit Auflage | 2023 * | 2024 | 2025 |
| −1,75 % | −1,60 % | +5,99 % | +7,29 % | +29,36 % | +3,07 % | +10,73 % | +5,64 % |
Periods
1 Monat
−1,75 %
3 Monate
−1,60 %
6 Monate
+5,99 %
YTD
+7,29 %
Seit Auflage
+29,36 %
Calendar years
2023 *
+3,07 %
2024
+10,73 %
2025
+5,64 %
* 2023 from inception, hence a shorter period. Calculated in accordance with the BVI method, assuming reinvestment of distributions. Source: HANSAINVEST Hanseatische Investment-GmbH.
Past performance is not a reliable indicator of future performance and permits no conclusions to be drawn about future returns. Figures are gross unless marked otherwise; any front-end load and custody fees are not taken into account and reduce the return.
The AI-Leaders 140 Index shows clear outperformance year to date against S&P 500 Technology and the Nasdaq ETF.
Private Alpha Research
15 Sep 2026
Portfolio
Where the capital works.
As at 30 Apr 2026
Top holdings
- Marvell Technology4.4%
- UnitedHealth Group3.8%
- SBA Communications3.6%
- Amazon.com3.5%
- Alphabet (Class A)3.4%
- Meta Platforms (Class A)3.4%
- Siemens3.3%
- Target3.2%
- BHP Group3.2%
- Jones Lang LaSalle3.1%
Sector breakdown
- Technology16.7%
- Consumer discretionary11.9%
- Industrials11.6%
- Real estate9.6%
- Basic materials9.0%
- Energy8.6%
- Utilities8.3%
- Consumer staples8.0%
- Health care6.4%
- Other8.3%
Top holdings are shown for a maximum of 60% of the fund’s assets. Sector figures relate to the equity component, so the total does not necessarily reach 100%. Values are rounded. The composition may change at any time.
The process
Analyst judgement and CaesarDPT — in three steps.
Every holding in the Global Value Leaders goes through the same sequence: a model signal, a human selection decision and a continuous risk judgement.
Signal
CaesarDPT evaluates the AI Leaders Index (AIL140) continuously and identifies patterns in fundamentals, market structure and sentiment across the entire AI value chain.
Selection
From the 140 index members the team narrows the selection to 25 holdings and weights market-cap leaders against upcoming stars according to the market phase.
Risk management
Concentration is by design, not by accident: position sizes, sector clusters and drawdown signals are tested continuously against the model.
Share classes & documents
Key data and documents.
NAV and fund volume as at 30 Apr 2026 (factsheet). Performance is updated daily — see the as-at date above.
How to invest
You can subscribe to any share class through your custodian bank: enter the ISIN or WKN in your bank’s order mask. For subscriptions through distribution partners or for institutional mandates, please contact us directly.
Further key data
- Product type
- Fund
- Inception date
- 1 Feb 2023
- Fund volume
- EUR 11.50m
- Domicile
- Germany
- Management company
- HANSAINVEST Hanseatische Investment-GmbH
- Depositary
- Donner & Reuschel AG
- Risk class
- 4 of 7 (SRI)
Monthly commentary
From the fund management team.
August 2026
Consistently positioned towards global quality companies
In our August market outlook our conclusion was: «Overall ... the picture going into August is a positive one for the market as a whole» — and that is exactly how it turned out: after -2.29% in the previous month, our fund recorded a rebound of +2.78% in USD (+1.64% in EUR) in the month under review. The heavy losers of the preceding months in particular, such as Qualcomm and Marvell Technology, came back strongly. The strongest, however, was Schlumberger, at +21.19%.
Particularly positive contributions to the month came from Interactive Brokers, with a share price gain of +10.57%, and Synopsys, at +13.07%. Interactive Brokers benefited from persistently high trading activity and a continued strong operating environment, while Synopsys benefited from the positive trend in semiconductor design and EDA software. Weak this month, by contrast, were Celestica (-10.35%) and Tapestry (-19.02%).
The recovery confirms our constructive stance towards high-quality value stocks with robust earning power, solid cash flows and sensible valuations. The positive development of individual portfolio companies shows precisely that temporary market dislocations can unwind quickly where fundamental quality is intact. We therefore remain consistently positioned towards global quality companies with an attractive risk/reward profile, and continue to use market inefficiencies deliberately to strengthen the portfolio.