# Breakdowns
## Breakdown by Asset Category in %
Fund

## Breakdown by Currency in %
Money Market10.37
Bonds24.22
Swiss Equities24.85
Foreign Equities Developed Countries34.97
Equities Emerging Markets5.58
Minor deviations can be caused by rounding errors.

## Allocation by Asset Class and Region in %

### Europe Switz. N. Am. Pac. EM  Other	Total
| Money Market | -1.4 | 3.2 | 5.9 | 2.6 | 0.0 | 10.4 |
| --- | --- | --- | --- | --- | --- | --- |
| Bonds | 11.3 | 1.1 | 7.7 | 4.2 | 0.0 | 24.2 |
| Equity | 10.0 | 24.9 | 22.8 | 7.8 | n.a. | 65.4 |
| Total | 19.9 | 29.2 | 36.4 | 14.5 | 0.0 | 100.0 |

| Largest Positions in % |  |
| --- | --- |
|  | Fund |
| Nestlé SA | 4.81 |
| Roche Holding AG | 3.75 |
| Novartis AG | 2.61 |
| Microsoft Corp | 1.99 |
| Zurich Insurance Group AG | 1.80 |
| UBS Group AG | 1.74 |
| Lonza Group AG | 1.50 |
| Alphabet Inc | 1.32 |
| Alcon Inc | 1.18 |
| Sika AG | 1.00 |

Exposure values reflect the economic perspective. Negative values thus do not necess. result from actual short positions, but can arise due to the calc. method (such as derivatives or value diff.).
| Minor deviations can be caused by rounding errors. |  |
| --- | --- |
| Largest Issuers in % | Fund |
| Deutsche Bahn AG | 1.27 |
| Corp Andina de Fomento | 1.06 |
| Cooperatieve Rabobank UA | 1.03 |
| Commonwealth Bank of Australia | 0.98 |
| Canadian Imperial Bank of Commerce | 0.83 |
| BNP Paribas SA | 0.77 |
| European Investment Bank | 0.65 |
| AstraZeneca PLC | 0.65 |
| Asian Development Bank | 0.58 |
| Europ. Bank f. Reconstr. & Develop. | 0.57 |

Translation (ENFR, 2023-02-28):
# Breakdowns
## Allocation par catégorie de placement en %
Fonds

## Allocation par monnaie en %
Marché monétaire10.37
Obligations24.22
Actions suisses24.85
Actions étrangères pays industrialisés34.97
Actions marchés émergents5.58
Les petits écarts peuvent apparaître en raison des arrondis.

## Répartition par catégorie de placement et par région en %

### Europe Suisse Am. N. Pac. ME Autres	Total
| Marché monétaire | -1.4 | 3.2 | 5.9 | 2.6 | 0.0 | 10.4 |
| --- | --- | --- | --- | --- | --- | --- |
| Obligations | 11.3 | 1.1 | 7.7 | 4.2 | 0.0 | 24.2 |
| Actions | 10.0 | 24.9 | 22.8 | 7.8 | n.a. | 65.4 |
| Total | 19.9 | 29.2 | 36.4 | 14.5 | 0.0 | 100.0 |

| Positions principales en % |  |
| --- | --- |
|  | Fonds |
| Nestlé SA | 4.81 |
| Roche Holding AG | 3.75 |
| Novartis AG | 2.61 |
| Microsoft Corp | 1.99 |
| Zurich Insurance Group AG | 1.80 |
| UBS Group AG | 1.74 |
| Lonza Group AG | 1.50 |
| Alphabet Inc | 1.32 |
| Alcon Inc | 1.18 |
| Sika AG | 1.00 |

Les valeurs d'exposition au risque reflètent l'analyse économique. C'est pourquoi des valeurs négatives ne résultent pas forcément de positions courtes effectives mais peuvent apparaître en fonction de la méthode de calcul utilisée (par exemple, dérivés ou différences de dates de valeur)
| Les petits écarts peuvent apparaître en raison des arrondis. |  |
| --- | --- |
| Principaux débiteurs en % | Fonds |
| Deutsche Bahn AG | 1.27 |
| Corp Andina de Fomento | 1.06 |
| Cooperatieve Rabobank UA | 1.03 |
| Commonwealth Bank of Australia | 0.98 |
| Canadian Imperial Bank of Commerce | 0.83 |
| BNP Paribas SA | 0.77 |
| European Investment Bank | 0.65 |
| AstraZeneca PLC | 0.65 |
| Asian Development Bank | 0.58 |
| Europ. Bank f. Reconstr. & Develop. | 0.57 |