Here you will find the latest information on investing with the investment funds offered by Siemens Fonds Invest GmbH.
On November 19, 2025, Siemens Fonds Invest received a “Special Award” at the XENIX ETF AWARDS Germany 2026 for its sustainable index fund, Siemens Global Equities (DE000A14XPG3 or A14XPG). The fund is the top-ranked fund in the segment of passively managed index funds that invest globally in equities from developed countries and meet the sustainability criteria under Article 8 of the EU’s SFDR regulation.
Siemens Global Equities
Breaks the EUR 500 Million Mark & Has Been One of the Most Affordable Funds of Its Class in Germany Since June 2025!
The Siemens Global Equities (ISIN: DE000A14XPG3) is enjoying great popularity and even exceeded the EUR 500 million mark at the beginning of October 2025. In June 2025, the fund's internal fees were reduced to 0.09% p.a. – placing us among the top 10 comparable ETFs in terms of cost. The fund was launched in 2018 and replicates the MSCI World Screened Index, thereby providing broad global diversification.
The positive inflows into this fund, as well as the recent "Top Global Equity Fund 2025" award from the SZ Institute in cooperation with Scope Fund Analysis (compared against 867 funds), further strengthen our pricing and product philosophy, which we intend to pursue in the future. Because our motto is: No hidden costs & efficiency is King!
WirtschaftsWoche: Best Sustainable Funds 2025 – Siemens Balanced Ranks 4th!
The financial magazine WirtschaftsWoche, in cooperation with the analysis firm MMD, conducted a study on the sustainability of more than 1,758 funds. The Siemens Balanced landed in 4th place out of 500 funds examined in the "Balanced (maximum 60 percent equities)" category.
SZ-Institut (Süddeutsche Zeitung): Top Global Equity Fund 2025 – Siemens Global Equities Awarded!
The Siemens Global Equities combines broad global diversification with a clear ESG focus and low costs – ideal characteristics for long-term investments in sustainable equities.
This is also the conclusion of the rating agency Scope, which conducted a comprehensive analysis of over 860 global equity funds on behalf of the SZ Institute. The decisive criteria were: above-average performance, a good risk-return ratio, and reasonable costs over the last five years, as well as stable fund management and reliable availability across common platforms.
The Siemens Global Equities convinced in all aspects and is now rightly included in the "Top Global Equity Funds 2025.
€uro ECO Ratings for Q4 2024
The publisher of the established financial publications BÖRSE ONLINE, €uro am Sonntag, and €uro-Magazin has released the results of the ECO Ratings for the fourth quarter of 2024. The result: A ratings for Siemens Euroinvest Corporates and Siemens High Yield!
Award from Capital & Greiff Research Institute
For the 13th time, Capital, Germany’s leading business magazine, has teamed up with the Greiff Research Institute to compile a ranking of funds with the most consistently strong performance.
The evaluation considered three factors: age (funds must have been on the market for at least ten years), management activity, and success (positive information ratio over three-, five-, and ten-year periods).
The result: Siemens Fonds Invest has been recognized as one of the “Best Active Fund Managers” with the Siemens Balanced fund in the Conservative Global Mixed Funds category! Detailed information on the survey and the award can be found online here and in the current issue of Capital (08/24).
Top ESG Providers – A “Very Good” Rating for Siemens Fonds Invest from TiAM and Mountain View Data!
Siemens Fonds Invest GmbH received a “Very Good” rating in the ESG (Environmental, Social, and Governance) fund assessment conducted by TiAM and Mountain View Data. Only a few of the 77 companies evaluated achieved this top rating.
The assessment was based on the complete portfolios of the companies authorized for distribution in Germany. This made it possible to analyze individual stocks, bonds, and other instruments. Mountain View awarded points and deductions across 10 categories (stocks): For example, in the “Arms in General” category. Here, the assessment measured the proportion of the total portfolio that the respective fund manager invested in this category. Less than 3% resulted in 10 points, more than 3% in 5 points. Other criteria included specific defense sectors (landmines, NBC weapons); nuclear energy, gas/oil; coal, fracking; the Global Compact; and renewable energies. The best funds won. The companies with the most top-rated funds (relative to the total number of their funds) took the top spots.
Details can be found in the current issue of the magazine “TiAM – Trends in Asset Management” dated June 27, 2024.
SZ Institute Award - SZ Institute (Süddeutsche Zeitung) – Siemens Balanced named Top Mixed Fund of 2024
German Fund Champions 2024 – The Champions League for Fund Management Companies
The fund experts at f-fex AG, in collaboration with finanzen.net, have developed a new framework for evaluating the quality of fund management companies. The annual awards, which will be presented starting in fall 2019, primarily analyze large fund management companies whose funds are represented in the most important asset classes.
On January 31, 2024, the German Fund Champions 2024 were announced: Siemens Fonds Invest received an award in the “ESG/Sustainability” category.
Details at www.finanzen.net
Capital Fund Compass 2024 – Top Marks for Siemens Fonds Invest!
We are delighted to have received a very special award this year!
In collaboration with experts from Scope Fund Analysis and the Institute for Wealth Accumulation (IVA), Capital magazine assessed the performance of the 100 leading fund providers in Germany. Scope and IVA distinguished between 51 generalists with at least 32 mutual funds distributed in Germany and 49 specialists with fewer funds in their portfolio.
Siemens Fonds Invest achieved a fantastic 5th place in the overall ranking and 3rd place among the specialists!
The evaluation criteria are diverse. In addition to fund performance, they include service, social media presence, management, and the size of the product range, among others. A detailed explanation of the methodology can be found here.
January 25, 2024 | €uro FundAward 2024 – Top rankings for Siemens funds for seven consecutive years!
Since 2018, the funds of Siemens Fonds Invest GmbH have been honored with €uro FundAwards year after year. At this year’s awards ceremony hosted by Finanzen Verlag for the best investment funds in Germany, the following Siemens funds once again achieved outstanding rankings:
Siemens Global Growth: 3rd place (20 years) in the “International Equity Funds” category
Siemens Balance: 3rd place (1 year); 2nd place (10 years) in the “Mixed Funds, Primarily Bonds” category
TELOS Institutional Quantitative Check (TIQC) 2024 - Three Gold Awards Again for Siemens Funds!
This year, too, there was good news from Telos, an independent research firm: three Gold Awards for the Siemens Fonds Invest!
At this year’s TELOS Institutional Quantitative Check (TIQC), three top rankings were awarded to Siemens funds:
Siemens DC Balanced | DE000A0LF5G1 I Gold I Defensive Multi-Asset 3Y
Siemens DC Balanced | DE000A0LF5G1 I Gold I Defensive Multi-Asset 10Y
Siemens Euroinvest Bonds | DE0009772590 I Gold I Euro Government Bonds 5Y
For over 20 years, TELOS has been dedicated to the development and implementation of “qualitative ratings” in the capital markets.
July 12, 2023 | FUCHS-Kapital Product Review: Siemens Balanced
“…Conclusion: Since its launch nearly 17 years ago, the Siemens Balanced fund has impressed with above-average performance relative to the benchmark, while maintaining below-average risk. In terms of costs (no front-end load, below-average ongoing costs), the fund is also compelling. Even a potential variable performance fee is hardly a factor…." Read the full article
TELOS Institutional Quantitative Check (TIQC) 2023
Good news from Telos, an independent research firm: 5 gold ratings for Siemens funds!
At this year’s TELOS Institutional Quantitative Check (TIQC), Siemens funds secured 5 top rankings:
For over 20 years, TELOS has been dedicated to the development and implementation of “Qualitative Ratings” in the capital markets.
March 8, 2023 | FundAward 2023 – Top rankings for Siemens funds for six consecutive years!
Since 2018, the funds of Siemens Fonds Invest GmbH have been honored with the €uro FundAwards year after year. At this year’s awards ceremony hosted by Finanzen Verlag for the best investment funds in Germany, the following funds once again achieved outstanding rankings:
February 2, 2023 | CAPInside Article Series: Myths About Balanced Funds
CAPInside, the digital platform for investment professionals, has published a series of articles on the topic of “Myths About Balanced Funds.” Balanced funds are very popular in this country due to their many advantages. However, there are several clichés and misconceptions surrounding this fund category.
It’s high time to set the record straight:
The Investment.com of 14.12.2022: These dinosaur funds made over 450 percent profits in 20 years
26th place: Siemens Global Growth in the category Small & Mid Cap World Equity Funds
TIAM Fundresearch from 09.12.2022: The best equity funds in 20 years
1st place for Siemens Global Growth
FUCHS-Kapital 42/2022:
Top marks for the Siemens Quality and Dividends USA!
CAPinsight.com of 28.09.2022: The best defensive mixed funds for savers in a 5-year comparison
1st place for Siemens Balanced!
Das Investment 03/2022: The best equity funds for global small caps
Siemens Global Growth in 2nd place.
Stock Exchange Online05_2022: Siemens Balanced - the fund of the week
"The defensive mixed fund has reached the sound barrier of one billion euros for the first time. It owes this success to strong performance and low fees. ...“
€uro am Sonntag vom 17.12.2021: TOPS AND FLOPS 2021
"At this point, we list the best and worst funds from the following price statistics since the beginning of the year. In doing so, we alternate between different regions, industries and fund classes. We subject two interesting funds to a brief analysis.
SIEMENS BALANCED
With a traditional investment allocation of 70 percent bonds and 30 percent stocks, the mixed fund from Siemens Fonds Invest comes along. However, the portfolio proves that traditional does not have to mean boring with its many years of good performance. The fund's low administrative costs are also very welcome: 0.31 percent p.a. ISIN DE 000 A0K EXM 6 Performance 3 years 24.2 %
€uro am Sonntag vom 26.09.2021: SIEMENS AGO. & DIVID. EUROPE Special Focus
"Reliable dividend payments are often a hallmark of quality companies. The Siemens Quality & Dividend Europe equity fund focuses on European companies with high dividends. Growth and the continuity of dividend payments are particularly important. The largest position in the portfolio was recently the luxury goods group LVMH. The fund, which is managed by a subsidiary of the Siemens Group, also stands out positively for investors due to its low fees."
Capital magazine from 17.09.2021: Money or go
„… The alternative to negative interest rates
If the money can rest for five to seven years, it is worth taking a look at balanced mixed funds of stocks and bonds such as Siemens Balanced (DE 000 A0KEXM 6, costs: 0.31% p.a.) ..."
Capinside as of 10.09.2021: These were the funds with the most inflows and outflows
„… In third place is the Siemens Absolute Return, a mixed fund that is not normally found among the top products. In August, the defensive and quantitative strategy, which is marketed by the Munich-based conglomerate like a dozen other funds, earned its placement with an almost 100 percent increase in assets under management. Inflows of 274 million euros catapulted assets under management just below the 600 million euro mark. "Attractive fees, sustainable performance and a transparent investment policy are popular with potential investors. If these characteristics are combined with products that are currently sought after on the market, there may also be above-average inflows of funds in a short period of time. These are usually attributable to institutional investors," says Erik Macharzina, CEO of Siemens Fonds Invest GmbH, explaining the high inflows of the Siemens fund. …“
Euro am Sonntag investor info from 27.08.2021 and Börse online from 02.09.2021:
"Strong substance"
Siemens Qualität & Dividende USA, which is managed by the Siemens Group's asset management department, actively invests in U.S. dividend stocks. In addition to the retailer Target and the tractor manufacturer Deere, the largest positions recently included the pharmaceutical company Abbvie. Continuity of the dividend payment is an important criterion when choosing shares. Fees are low for an active equity fund.
Fundresearch.de of 19.08.2021: The ten best global small cap funds of the past three years
TIAM Fundresearch published the top ten of the last 3 years. Siemens Global Growth reached 2nd place.
Börse online 26 from 01.07.2021-07.07.2021: Stock market outlook: Eleven stocks, funds and certificates for the second half of the year
„… Siemens Balanced Fund: A secure backing
September marks the 15th anniversary of the Siemens Balanced edition. It is only in recent years that more and more investors have discovered the performance of portfolio managers. The mixed fund convinces with stable performance and low fees. Currently, almost a third of assets are held in shares. Those responsible are relying on the technology group Apple, for example. Around 64 percent of the fund is invested in bonds. …“
Courage Magazine from 25.04.2021: Putting together the portfolio - tips and tricks
„ … If you don't want to take care of the selection of the different products yourself, you can rely on so-called mixed funds, also known as multi-asset funds. They invest – with different risk-return profiles – in several asset classes: mostly in shares and bonds, sometimes supplemented, for example by commodities, especially gold, real estate or fixed-term deposits. As a defensive mixed fund, the Siemens Balanced (ISIN: DE 000 A0K EXM 6) is convincing. Over the past ten years – despite its rather defensive orientation – it has generated an average return of around five percent per year with a relatively small fluctuation range. The fund portfolio usually consists of around 70 per cent European bonds and around 30 per cent equities from Europe and the USA. The big advantage of the fund is the low costs of only 0.31 percent per year."
€uro am Sonntag 01. - 08.04.2021: Relaxed in the rain of money (dividend fund)
„… From the approximately 170 dividend funds available in this country, the editorial team has selected three that it considers particularly recommendable. Performance over five years, volatility and costs played a decisive role in the selection. .... SIEMENS QUALITY & VARIOUS EUROPE: Attractive conditions. Over a five-year period, Siemens Quality & Dividend Europe is one of the highest-yielding portfolios for European equities with high dividends. It invests in companies that can be expected to generate continuous and, ideally, even increasing dividends. An analysis of data beyond the usual financial indicators (including innovative strength or brand strength) is intended to protect against future dividend cuts. The unusually low fees for an actively managed fund are remarkable."
Focus money | Issue 10_21: The best mix
The coveted seal of "outstanding asset management" went to Siemens Balanced, among others (only 65 funds achieved the highest rating).
Börse online 08.03.2021: The most successful mixed funds at a glance
"With the most successful mixed funds, investors have a good chance of their assets growing steadily without having to fear too large losses. Many investors would like to invest more in equities, but shy away from their high fluctuations. For this group, mixed funds are ideal for entering equities with the brakes on. However, not all mixed funds are the same. With some funds, investors know from the outset that the equity allocation is a maximum of 30 or 60 percent and the remaining share flows into bonds. With other funds, a manager decides how much shares and bonds he wants to hold, depending on the stock market situation. Fixed odds. Great clarity is offered here by the Siemens Balanced ... ."
Financial trends online from 06.02.2021: Siemens Global Growth Fund: Bet on global growth!
„… The fund has always developed positively since its inception in 2000. There were major price slumps during the financial crisis in 2009 and the Corona crisis in 2020. The fund was able to recover from this and recently reached a high point. Overall, the Siemens Global Growth Fund recorded a performance of 169.5%. …“
€uro am Sonntag from 22.01.2021: Siemens Balanced: Good and cheap
„… Costs are an essential factor for the long-term success of an investment. This is proven not least by funds such as Siemens Balanced, which shine with low management fees. In the case of the defensive mixed fund of Siemens Asset Management, which the editors recommended a year ago, it is only 0.31 percent per year. The portfolio has also been convincing in the past twelve months. With an increase of just under four percent, it is among the best sixth of its peer group. Because Siemens Balanced consistently performs well, it even ranks 2nd among 170 mixed funds with a focus on bonds over a five-year period. …“
fundresearch.de from 21.01.2021: Decade winners: The best defensive mixed funds from 2011 to 2020
In terms of returns, Siemens Balanced was able to place among the top ten in the ten-year ranking.
The Investment / January 2021 Issue
„… One product in particular stands out: Siemens Balanced (ISIN: DE000A0KEXM6), a defensive mixed fund with a good risk-reward ratio, outperformance compared to its peer group and low running costs of 0.32 percent per year. …“
Focus Money / November 2020 Issue: The Best Dividend Funds
The Siemens Quality & Dividend Europe is listed among the top dividend funds for investors (European dividend funds).
“...No one can deny that we are currently living in difficult (stock market) times. That is why it is particularly worthwhile right now to take a look at the best dividend funds, which, in addition to above-average performance, provide an extra safety buffer through the dividends of the companies in their portfolios. The differences in quality among dividend funds are immense—and even greater than with most actively managed funds anyway.
Around 50 percent: The best dividend-oriented equity funds approach 50 percent over five years—and, thanks to the dividends from the companies they hold, offer a safety cushion especially in times of crisis. …”
Süddeutsche Zeitung online, June 12, 2020: Ten Tips for Successful Saving
“… For cautious investors who simply want to set up a savings plan, the Siemens Balanced mixed fund is an affordable alternative; the fund performs well in a five-year performance comparison. …”
Morningstar article at www.morningstar.de from March 26, 2020: Actively managed balanced funds can also be affordable
“… In recent years, actively managed balanced funds have not paid off for the majority of investors. … We have identified 15 actively managed balanced funds for retail investors that have some of the lowest fees on the market and also boast a positive Morningstar Quantitative Rating. …
The defensive mixed fund Siemens Balanced also holds a “Gold” rating. It invests in equities worldwide as well as in fixed-income securities. Although it can invest up to 49 percent in equities, the equity allocation has in practice been significantly lower, so we have classified it in the group of defensive euro mixed funds. On the fixed-income side, the fund invests in government and corporate bonds. The fund management follows a quantitative investment process. The fund ranks among the best in its category over the long term...;
... Even though the fund charges a (fairly structured) performance fee, the fees of just 0.32 percent annually are impressively low. It is worth commending that Siemens KVG has opened its low-cost employee funds to the general public, who can now also benefit from the funds’ very low fees. In addition to the Siemens Balanced Fund, two other funds from Siemens’ asset manager appear on the list of well-rated mixed funds, all of which stand out for their low fees. ... "
Euro am Sonntag, March 22, 2020, and finanzen.net: Stock Market Crash: A Black Week
“Investors with a long-term investment horizon should not be deterred by current developments. A crash is also not a bad time to start building wealth. These funds, for example, are well-suited for this purpose. … The defensive mixed fund from Siemens focuses primarily on bonds. …
Siemens Balanced DE000A0KEXM6 0.27%
1-year performance; Source: fondsweb; As of: March 13, 2020”
Focus Money Issue 6/2020
The Siemens Balanced fund was awarded the Seal of Excellence for Asset Management in the current issue 6/2020 of Focus Money. Only actively managed funds that consistently maintained a 5-star rating over a 5-year period in the MMD ranking (MMD Analyse & Advisory GmbH) throughout 2019 are awarded this seal.
Börse online, February 26, 2020: Why It’s Still Worth Investing in U.S. Equity Funds
Among the top funds for U.S. stocks and global equities is the Siemens Global Growth:
“…The Siemens Global Growth has become a regular among Fund Awards winners. The Siemens fund invests in innovative companies with rapidly growing revenue and profits. Its holdings come from the German TecDAX, the Japanese TSE Mothers Index, and the U.S. Nasdaq-100 Index. In this way, the Siemens fund holds U.S. mega-caps such as Amazon and Apple, as well as German and Japanese small- and mid-cap stocks such as Bechtle and Itochu Techno-Solutions. …”
Lipper Fund Awards Austria 2020
Award for the Siemens Quality & Dividend Europe in the Equity Europe Income category at the Refinitiv Lipper Fund Awards for the 3-year and 5-year periods.
Süddeutsche Zeitung, October 22, 2019: Pension Provision Special "No Fear of Funds" "... 'Management fees for actively managed funds are often three times higher,' states Stiftung Warentest. However, there are occasionally affordable actively managed funds. The table lists three such balanced funds that have also performed well in terms of returns in the past... The 'Siemens Balanced' fund is managed by Siemens' pension administration and has been open to the general public for several years. It is characterized by very low fees..."
€uro am Sonntag, October 5, 2019: Defensive Funds with Equities The Siemens Balanced fund is presented as a defensive investment option.
Magazin Capital (Issue 11/2019): Expensive Balanced Funds - Siemens Does It Better "Balanced funds, so popular with German investors, are more expensive in this country than almost any other country in the world. ...Products launched in Germany cost an average of 1.80 percent in annual fees, according to a study by analysis firm Morningstar. ...The fund subsidiary of the industrial group Siemens proves that there's another way: With average costs of 0.7 percent, it offers the most affordable products that also perform well."
Bild am Sonntag, September 29, 2019 "...Today, ANYONE can go to Siemens Fonds Invest GmbH. Siemens currently offers 13 different funds, including some very sensible ones. 'Siemens Qualität & Dividende Europa' (Siemens Quality & Dividend Europe)... The investment successes are considerable... the fees are comparatively low..."
fondsprofessionell online, September 24, 2019: Hard to Believe: Even Morningstar Likes These Five Balanced Funds The rating agency is one of the sharpest critics of actively managed balanced funds. But even Morningstar analysts have words of praise for some portfolios in this category. Siemens Fonds Invest GmbH is even represented with two funds: Siemens Balanced and Siemens Diversified Growth. (Source: www.fondsprofessionell.de)
€uro am Sonntag, Issue 28 (July 13-19, 2019): Worldwide Hunt for Dividends "Siemens Qualität & Dividende Europa: Good & Affordable. The asset management arm of the Siemens Group offers all investors the opportunity to invest in the stock market at very favorable conditions..."
Magazin Capital, Issue 06/2019: Fund Ranking 2019 The Siemens Global Growth fund is among the best active funds (3rd place in the Global Equities category).
Der Fonds Analyst (a publication of Greiff Research Institut GmbH) No. 9, April 23, 2019 "...The Siemens Global Growth fund is once again among the 'study winners' in our fund study, and looking at the results in the large 'Equity Global' peer group, the fund ranks second over a 10-year period and first within 'International Mid-/Small-Cap Equity Funds' over 5 and 10 years (Source: Lipper for Investment Management)..."
Frankfurter Allgemeine Zeitung GMBH (FAZ), March 24, 2019: Money and More: Affordable Funds from Siemens "...in this smallest segment, called Financial Services, lies a great opportunity for private investors. Because financial services also include the investment company Siemens Fonds Invest, which not only manages the pension funds of group employees but also offers funds at exceptionally favorable prices. It's no wonder that the Munich-based conglomerate represents a rather unknown part of the fund industry. For one, Siemens funds are, to put it mildly, not aggressively distributed. Banks and other sales outlets do not receive incentives in the form of commissions from Siemens. Secondly, Siemens itself shies away from 'aggressive advertising strategies' and is reluctant to speak publicly about its financial products even when asked. All this leads to the fact that the good dozen actively managed Siemens funds are silent stars in the industry..."
manager magazin, April 2019: Secret Cost Traps "...Anyone who is not entirely sure whether Rothschild and Flossbach will continue to be among the top 2 percent in their category in the future should instead take a look at 'Siemens Balanced.' The flexible balanced fund from the financial department of the DAX group charges only 0.34 percent in total costs. The Siemens financiers thus start each year with an almost 2 percentage point lead over Flossbach and work very solidly."
€uro am Sonntag, March 30, 2019: The Big Money Rain/European Dividend Funds "The old continent is one of the most attractive regions for dividend hunters. A good 30 funds focus their investments here. An outstanding representative of the genre is the relatively young Siemens Qualität & Dividende Europa. Siemens? Yes, that's right, the DAX group from Munich is not only a good dividend payer itself... but also offers a fund with this special orientation. ... A small but excellent range of equity, balanced, and bond portfolios is offered. Among them is the European dividend fund, launched in 2012, which is exceptionally affordable with a fee of 0.62 percent. With this portfolio, fund manager Rainer Hackl invests broadly diversified across all Western European countries where he finds attractive companies. Companies that have consistently paid dividends over several years and ideally increased them over time are interesting to him. In addition, the criterion of innovation plays a major role for him. 'For example, the number of employees in research and development, the research quota, or the development of patents and the patent portfolio are evaluated,' says Hackl..."
€uro-Magazin 02/2019: The Best Funds "...Nevertheless, there are good balanced funds. Among the best defensive representatives of recent years are Kapital Plus and Siemens Balanced..." "...Equally strong is Siemens Global Growth, which receives three FundAwards for its very stable performance. It focuses on growth stocks such as Wirecard, Amazon, or Microsoft..."