The Qualitas Alta Value Fund leads with 26.5 percent plus all global equity funds and clearly exceeds the weakening MSCI World. (Photo: Freepik, Eyeem)
After years in which tech and growth stocks dominated the headlines, substance values in 2025 experience an impressive comeback. Overheated Growth reviews, geopolitical uncertainty and the return of the interest have catapulted value shares back into the spotlight. Anyone who invests cleverly does not focus on the next modestory – but in real quality at a fair price.
A fund that not only preaches this approach, but also spectacularly implements, comes from an industry newcomer: the Qualitas Alta Value Fund (ISIN: DE000A3DCBD4) -a boutique product with mini volume, but maxi return.
With 26.5 percent plus in 1st place
While industry sizes such as DWS, Allianz Global Investors, DEKA & Co. 2025 at best deliver mediocrity, a previously barely respected fund draws its circles at the top: The Qualitas Alta Value Fund has been with the end of April since the beginning of the year Plus 26.5 percent Round in 1st place worldwide 9,400 actively managed global all-cap stock funds.
For comparison: the MSCI World almost noted in the same period 10 percent in the minus – A bitter setback for many investors who put on the world index via ETF. The fund also sets standards in the view of the past 12 months: with a plus of 35.3 percent he not only leaves the MSCI World (Plus 4.78 percent) Clearly behind, but also all established Germany and world funds. Value lives – and how!
The man behind the success: Schu-Minn Kim
The fund is from Schu-Minn Kim Management, an old bunny from the financial industry with more than 30 years of experience – but not in the classic fund business. Born in South Koreans, who came to Germany at the age of 5, began his career at Deloitte and later switched to investment banking, where he specialized in the financing of Leveraged Buyouts.
But Kim wanted more than power point and transaction advice: 2022 he founded his own fund boutique that Qualitas Alta Capital GmbH in Frankfurt – and put on the fund on self -administration. With private money, the money of friends and an uncompromising quality standards.
“”Qualitas Alta – the highest quality – reflects my claim to this fund“, Says Kim in conversation. The name of the fund comes from his then 12-year-old daughter-developed together with her Latin teacher.
The recipe for success: real value, real focus
Instead of a broadly scattered smorgasbord, Kim relies on a focused portfolio with current 27 handpicked stocks. The focus is on small and medium -sized companies from the German -speaking area, usually with a market capitalization of less than 3 billion euros.
Investments are only made when 2 things come together: a clear discount On the inner value and a clear catalyst For a reassessment-be it through spin-offs, takeovers or turnarounds. The strategy is based on the principles of Graham, Buffett & Co., but with its own research and clear conviction. The cash pad remains slim (maximum 20 percent) so that capital works almost completely.
Top positions: Quality with trigger
A look into the portfolio shows that it is not put in hot air, but at hard facts:
- Friedrich Vorwerk Group SE For example, the biggest individual title, scores with growth and profitability. “The company offers a rare combination of enormous growth perspectives and strong profitability. The focus on margin-strong segments and tight project management has almost doubled to over 16 percent in 2024,” said Kim.
- Lang & Schwarz AGSpecialist for out-of-the-counter trade, is a “cash cow” for Kim. “Stable yields, low risk and clear visible trading volumes,” praises the fund advisor.
- Mutares sethe gymnastics specialist, the catalyst principle is ideal: “Mutares buys company remains, reactivates it and realizes the profits when selling.”
The portfolio is supplemented by positions such as Vonovia,, Pro Credit Holding,, Flatex and Controversy – all with clear triggers for a reassessment.
Why the smallness is an advantage
With a fund volume of currently only 5.5 million euros is a real “hidden champion” in the fund landscape of the quality alta value fund. But the smallness in particular is his biggest trump card: While billion funds are forced to invest in high -liquid large caps, Kim can flexibly go into medium -sized spaces – companies that simply have to overlook or avoid larger addresses.
The fund also remains within the costs. The ter of the retail tranche is included 1.80 percentthat of the institutional S-tranche 1.31 percent – Fair, measured by the individual title selection and performance.
Conclusion: The little fund with the big power
Anyone who wants to put on value in 2025 should Schu-Minn Kim and have his fund dwarf on the radar. The Qualitas Alta Value Fund shows what is possible when passion meets with experience – and when a manager is involved with his own money.
Instead of copying trends or copying benchmarks, Kim goes his own way – consistently, focused, successful. And thus strikes the large providers’ flagships from the field.
If you love Value, you may find the most exciting fund of the year.
Disclaimer:
No investment advice. No call to buy or sell securities.