Targeted diversification which includes tangible assets offers the prospect of good returns and also increases investment stability. This is the objective pursued by the Top Select portfolio concept. The Top Select series of funds was issued by BVT and Dr. Werner Bauer in 2005 via the joint company Top Select Management GmbH. The idea of investing capital where it can work effectively has been systematically developed ever since. A key factor in the success of the Top Select concept is that all the payments and commission that the target fund companies or the providers of the target funds offer in the case of investments are passed on in full to the portfolio funds – and therefore also to the investors. This can therefore largely offset the portfolio fund costs, which are usually double the normal amount.