# Performance attribution
## Top 10 negative / positive contributors (3 months)
Negative contributors	Positive contributors
| Instrument Name | ISIN | Contribution |  | Instrument Name | ISIN | Contribution |
| --- | --- | --- | --- | --- | --- | --- |
| HEADHUNTER GROUP ADR PLC | US42207L1061 | -3.45% |  | NIIT LTD | INE161A01038 | 0.77% |
| ROBLOX CORP CLASS A | US7710491033 | -2.21% |  | CHEGG INC | US1630921096 | 0.58% |
| UPWORK INC | US91688F1049 | -1.10% |  | STRIDE INC | US86333M1080 | 0.28% |
| 2U INC | US90214J1016 | -1.09% |  | MEDPEER INC | JP3921240002 | 0.14% |
| FIVERR INTERNATIONAL LTD | IL0011582033 | -1.02% |  | NERDY INC CLASS A | US64081V1098 | 0.13% |
| LITALICO INC | JP3974470001 | -0.84% |  | MEDLEY INC | JP3921310003 | 0.06% |
| SMS LTD | JP3162350007 | -0.70% |  | INFORMA PLC | GB00BMJ6DW54 | 0.05% |
| UT GROUP LTD | JP3949500007 | -0.67% |  | ARCO PLATFORM LTD CLASS A | KYG045531061 | 0.04% |
| RECRUIT HOLDINGS LTD | JP3970300004 | -0.63% |  | S-POOL INC | JP3163900008 | 0.03% |
| INFO EDGE INDIA LTD | INE663F01024 | -0.62% |  | POWERSCHOOL HOLDINGS INC CLASS A | US73939C1062 | 0.01% |


## Top 10 negative / positive contributors (12 months)
Negative contributors	Positive contributors
| Instrument Name | ISIN | Contribution |  | Instrument Name | ISIN | Contribution |
| --- | --- | --- | --- | --- | --- | --- |
| TAL EDUCATION GROUP ADR REPTG | US8740801043 | -3.12% |  | NIIT LTD | INE161A01038 | 2.21% |
| GAOTU TECHEDU ADR REPRESENTING I | US36257Y1091 | -2.79% |  | CORNERSTONE ONDEMAND INC | US21925Y1038 | 0.70% |
| NEW ORIENTAL EDUCATION & TECHNOLOG | US6475811070 | -2.66% |  | RELX PLC | GB00B2B0DG97 | 0.63% |
| 2U INC | US90214J1016 | -2.59% |  | STRIDE INC | US86333M1080 | 0.57% |
| OFFCN EDUCATION TECHNOLOGY LTD A | CNE100001641 | -2.56% |  | IDP EDUCATION PTY LTDINARY | AU000000IEL5 | 0.38% |
| FIVERR INTERNATIONAL LTD | IL0011582033 | -2.37% |  | DOCEBO INC | CA25609L1058 | 0.29% |
| CHEGG INC | US1630921096 | -2.00% |  | SEEK LTD | AU000000SEK6 | 0.26% |
| COURSERA INC | US22266M1045 | -1.54% |  | LITALICO INC | JP3974470001 | 0.15% |
| HEADHUNTER GROUP ADR PLC | US42207L1061 | -1.46% |  | YDUQS PARTICIPACOES SA | BRYDUQACNOR3 | 0.15% |
| CHINA EAST EDUCATION HOLDINGS LTD | KYG2120T1004 | -1.37% |  | RECRUIT HOLDINGS LTD | JP3970300004 | 0.14% |


## Asset allocation, stock selection and interaction
3 months	12 months
-4.0%	-3.0%	-2.0%	-1.0%	0.0%	1.0%	2.0%
Communication Services Consumer Discretionary Consumer Staples
Energy Financials Health Care Industrials
Information Technology
Materials Real Estate
Utilities
-25.0%  -20.0%  -15.0%  -10.0%	-5.0%	0.0%	5.0%
Communication Services Consumer Discretionary Consumer Staples
Energy Financials Health Care Industrials
Information Technology
Materials Real Estate
Utilities
Allocation	Selection	Interaction	Allocation	Selection	Interaction

Translation (ENDE, 2022-03-31):
# Performance-Attribution
## 10 grösste negative / positive Beitragsfaktoren (3 Monate)
Negative Beitragsfaktoren	Positive Beitragsfaktoren
| Wertschriften Name | ISIN | Beitrag |  | Wertschriften Name | ISIN | Beitrag |
| --- | --- | --- | --- | --- | --- | --- |
| HEADHUNTER GROUP ADR PLC | US42207L1061 | -3.45% |  | NIIT LTD | INE161A01038 | 0.77% |
| ROBLOX CORP CLASS A | US7710491033 | -2.21% |  | CHEGG INC | US1630921096 | 0.58% |
| UPWORK INC | US91688F1049 | -1.10% |  | STRIDE INC | US86333M1080 | 0.28% |
| 2U INC | US90214J1016 | -1.09% |  | MEDPEER INC | JP3921240002 | 0.14% |
| FIVERR INTERNATIONAL LTD | IL0011582033 | -1.02% |  | NERDY INC CLASS A | US64081V1098 | 0.13% |
| LITALICO INC | JP3974470001 | -0.84% |  | MEDLEY INC | JP3921310003 | 0.06% |
| SMS LTD | JP3162350007 | -0.70% |  | INFORMA PLC | GB00BMJ6DW54 | 0.05% |
| UT GROUP LTD | JP3949500007 | -0.67% |  | ARCO PLATFORM LTD CLASS A | KYG045531061 | 0.04% |
| RECRUIT HOLDINGS LTD | JP3970300004 | -0.63% |  | S-POOL INC | JP3163900008 | 0.03% |
| INFO EDGE INDIA LTD | INE663F01024 | -0.62% |  | POWERSCHOOL HOLDINGS INC CLASS A | US73939C1062 | 0.01% |


## 10 grösste negative / positive Beitragsfaktoren (12 Monate)
| Negative Beitragsfaktoren |  |  |  | Positive Beitragsfaktoren |  |
| --- | --- | --- | --- | --- | --- |
| Wertschriften Name | ISIN | Beitrag |  | Wertschriften Name | ISIN | Beitrag |
| TAL EDUCATION GROUP ADR REPTG | US8740801043 | -3.12% |  | NIIT LTD | INE161A01038 | 2.21% |
| GAOTU TECHEDU ADR REPRESENTING I | US36257Y1091 | -2.79% |  | CORNERSTONE ONDEMAND INC | US21925Y1038 | 0.70% |
| NEW ORIENTAL EDUCATION & TECHNOLOG | US6475811070 | -2.66% |  | RELX PLC | GB00B2B0DG97 | 0.63% |
| 2U INC | US90214J1016 | -2.59% |  | STRIDE INC | US86333M1080 | 0.57% |
| OFFCN EDUCATION TECHNOLOGY LTD A | CNE100001641 | -2.56% |  | IDP EDUCATION PTY LTDINARY | AU000000IEL5 | 0.38% |
| FIVERR INTERNATIONAL LTD | IL0011582033 | -2.37% |  | DOCEBO INC | CA25609L1058 | 0.29% |
| CHEGG INC | US1630921096 | -2.00% |  | SEEK LTD | AU000000SEK6 | 0.26% |
| COURSERA INC | US22266M1045 | -1.54% |  | LITALICO INC | JP3974470001 | 0.15% |
| HEADHUNTER GROUP ADR PLC | US42207L1061 | -1.46% |  | YDUQS PARTICIPACOES SA | BRYDUQACNOR3 | 0.15% |
| CHINA EAST EDUCATION HOLDINGS LTD | KYG2120T1004 | -1.37% |  | RECRUIT HOLDINGS LTD | JP3970300004 | 0.14% |

Asset-Allokation, Titelselektion und Interaktion
3 Monate	12 Monate
-4.0%	-3.0%	-2.0%	-1.0%	0.0%	1.0%	2.0%
Kommunikationsdienstle... Zyklische Konsumgüter ichtzyklische Konsumgüter
Energie Finanzwesen Gesundheitswesen
Industrie Informationstechnologi...
Grundstoffe Immobilienanlagen Total
Versorger
-25.0%  -20.0%  -15.0%  -10.0%	-5.0%	0.0%	5.0%
Kommunikationsdienstle... Zyklische Konsumgüter ichtzyklische Konsumgüter
Energie Finanzwesen Gesundheitswesen
Industrie Informationstechnologi...
Grundstoffe Immobilienanlagen Total
Versorger
Allokation	Selektion	Interaktion	Allokation	Selektion	Interaktion