Munsbach, 25 March 2026 – Strong performance, low volatility: Over the past five years, Ethna-AKTIV has demonstrated that first-class returns and active risk management can go hand in hand. With a performance of 23.26% and volatility of just 5.86% during the same period, the fund underlines its ambitious risk-return profile and strengthens its position as a stable anchor in the multi-asset segment.

Core competencies as a guarantee of success

The success of Ethna-AKTIV is based on a disciplined, macroeconomic investment approach. Particularly noteworthy is that the strong performance was achieved without relying on price-sensitive alternatives such as gold as a stabilizing factor.

“The focus on our core competencies has paid off,” explains Jörg Held, Head of Portfolio Management. “Our macroeconomic expertise, combined with high flexibility and active risk management, was key to delivering convincing results even in a challenging market environment.”

Double award confirms investment strategy

The continuous work of recent years is now reflected in two prestigious awards that underline the quality of the fund management:

- Morningstar Rating: The independent research house currently awards Ethna-AKTIV the highest rating of five stars.

- Austrian Fund Award: At the 27th FONDS professionell CONGRESS in Vienna, the fund received the distinction “Outstanding” in the category “Mixed Funds Global Multi Asset”. The award is presented jointly with the daily newspaper Die Presse and the professional partner Institut für Vermögensaufbau (IVA).

Active management as the key to success

These recognitions confirm Ethna-AKTIV as one of the leading solutions for investors seeking flexible yet stable asset management.

Luca Pesarini, Founder and CIO of ETHENEA Independent Investors, emphasizes: “Success arises where macroeconomic expertise meets decisive action. We do not rely on market trends; instead, we actively manage the portfolio across all asset classes - from currency allocation to targeted duration management. The double award for Ethna-AKTIV highlights our goal of delivering attractive returns with controlled volatility. This is not just theory; it creates real added value in our investors’ portfolios.”

Pesarini concludes by thanking the team for their excellent work and the investors for the trust they have placed in them.