Götz Albert: 25th birthday of the Smaller German Champions equity fund - a challenge

Götz Albert has experienced simpler times in his industry. The partner and board member of the fund company Lupus alpha is currently celebrating the 25th birthday of the Smaller German Champions equity fund in Frankfurt. But looking at the past five years, the fund is seven percent in the red. That's quite a dry spell, especially since it's hardly any consolation that the benchmark we set ourselves, which consists of half M-Dax and S-Dax, has been sagging for five years. The fund has not even exceeded this benchmark for several years.

The Smaller German Champions is an equity fund that focuses on investing in smaller German companies. The long-term undervaluation relative to the benchmark raises questions about future strategy.