# Portfolio Analysis
## Asset Allocation (%)
0	10	20	30	40	50	60	70	80	90	100	110
| Equity | 61.15 | 61.28 | 60.42 | 65.24 | 63.19 | 62.21 | 63.37 | 62.25 | 63.81 | 62.52 | 62.96 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Bonds | 38.85 | 38.72 | 39.58 | 34.76 | 36.81 | 37.79 | 36.63 | 37.75 | 36.19 | 37.48 | 37.04 |

31/03/2021
30/04/2021
28/05/2021
30/06/2021
30/07/2021
31/08/2021
29/10/2021
30/11/2021
31/12/2021
21/01/2022
28/02/2022

## Currency Breakdown (%)
120
|  |  |  |
| --- | --- | --- |
|  |  |
|  |  |
|  |  |
|  |  |

100
80
60
40
20
0
|  | EUR | SGD | JPY | GBP | NOK | SEK | Other |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio | 100.63 | 0.23 | 0.03 | 0.01 | - | - | -0.90 |

-20
| Equity Top 10 Holdings |  |
| --- | --- |
| Equity | Weighting (%)	Sector | Geography |
| Prologis Inc | 4.90	Real Estate | United States |
| Equinix Inc | 2.85	Real Estate | United States |
| AvalonBay Communities Inc | 2.71	Real Estate | United States |
| Goodman Group | 2.69	Real Estate | Australia |
| Capitaland Investment Ltd | 2.22	Real Estate | Singapore |
| Xior Student Housing NV | 2.10	Real Estate | Belgium |
| Vib Vermoegen AG | 1.95	Real Estate | Germany |
| Duke Realty Corp | 1.89	Real Estate | United States |
| American Homes 4 Rent | 1.88	Real Estate | United States |
| CapitaLand Integrated Comme... | 1.80	Real Estate | Singapore |
| Total (%) | 24.98 |  |
| Sector Breakdown (%) |  |  |
|  |  | Portfolio |
| Real estate |  | 100.00 |
| Fixed Income Top 10 Holdings |  |  |
| Name | Weighting (%)	Issuer country | Mod. Duration	Contribution |
| EURO-BUND FUTURE MAR22 Counter Expo | 8.71	Germany | 0.0	0.00 |
| US 10YR ULTRA FUT JUN22 Counter Expo | 3.03	United States | 0.0	0.00 |
| US 10YR NOTE (CBT)JUN22 Counter Expo | 2.59	United States | 0.0	0.00 |
| Sun Hung Kai Properties 2.875% 01/21/2030 | 1.34	Hong Kong | 7.0	0.09 |
| Segro Capital Sarl 0.5% 09/22/2031 | 1.13	United Kingdom | 8.9	0.10 |
| Fonciere des Murs SCA 1% 07/27/2029 | 1.12	France | 6.8	0.08 |
| Inmobiliaria Colonial SA 0.75% 06/22/2029 | 1.05	Spain | 6.7	0.07 |
| Sagax AB 2.25% 03/13/2025 | 0.95	Sweden | 2.6	0.02 |
| UDR Inc 4.4% 01/26/2029 | 0.89	United States | 5.8	0.05 |
| SELP FINANCE Sarl 1.5% 12/20/2026 | 0.85	Luxembourg | 4.4	0.04 |
| Total (%) | 21.66 |  |


## Maturity Breakdown (%)
40
30
20
10
0	0 - 1 Year	1 - 3 years	3 - 5 years	5 - 7 years	7 - 10 years	10 - 15 years
Portfolio	2.10	4.52	27.60	27.44	37.81	0.53

Translation (ENDE, 2022-02-28):
# Portfolioanalyse
## Portfolio-Strukterierung (%)
0	10	20	30	40	50	60	70	80	90	100	110
| Aktien | 61.15 | 61.28 | 60.42 | 65.24 | 63.19 | 62.21 | 63.37 | 62.25 | 63.81 | 62.52 | 62.96 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Anleihen | 38.85 | 38.72 | 39.58 | 34.76 | 36.81 | 37.79 | 36.63 | 37.75 | 36.19 | 37.48 | 37.04 |

31/03/2021
30/04/2021
28/05/2021
30/06/2021
30/07/2021
31/08/2021
29/10/2021
30/11/2021
31/12/2021
21/01/2022
28/02/2022

## Engagement nach Währung (%)
120
|  |  |  |
| --- | --- | --- |
|  |  |
|  |  |
|  |  |
|  |  |

100
80
60
40
20
0
|  | EUR | SGD | JPY | GBP | NOK | SEK | Sonstige |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio | 100.63 | 0.23 | 0.03 | 0.01 | - | - | -0.90 |

-20
| Aktien Top 10 Positionen |  |
| --- | --- |
| Aktie | Gewichtung (%)	Sektor | Land |  |
| Prologis Inc | 4.90	Immobilien | Vereinigten Staaten |  |
| Equinix Inc | 2.85	Immobilien | Vereinigten Staaten |  |
| AvalonBay Communities Inc | 2.71	Immobilien | Vereinigten Staaten |  |
| Goodman Group | 2.69	Immobilien | Australien |  |
| Capitaland Investment Ltd | 2.22	Immobilien | Singapur |  |
| Xior Student Housing NV | 2.10	Immobilien | Belgien |  |
| Vib Vermoegen AG | 1.95	Immobilien | Deutschland |  |
| Duke Realty Corp | 1.89	Immobilien | Vereinigten Staaten |  |
| American Homes 4 Rent | 1.88	Immobilien | Vereinigten Staaten |  |
| CapitaLand Integrated Comme... | 1.80	Immobilien | Singapur |  |
| Summe (%) | 24.98 |  |  |
| Sektorengewichtung (%) |  |  |  |
|  |  |  | Portfolio |
| Immobilien |  |  | 100.00 |
| Anleihen Top 10 Positionen |  |  |  |
| Name | Gewichtung (%)	Investiert in | Mod. Duration | Beitrag |
| EURO-BUND FUTURE MAR22 Counter Expo | 8.71	Deutschland | 0.0 | 0.00 |
| US 10YR ULTRA FUT JUN22 Counter Expo | 3.03	Vereinigten Staaten | 0.0 | 0.00 |
| US 10YR NOTE (CBT)JUN22 Counter Expo | 2.59	Vereinigten Staaten | 0.0 | 0.00 |
| Sun Hung Kai Properties 2.875% 01/21/2030 | 1.34	Hong-Kong | 7.0 | 0.09 |
| Segro Capital Sarl 0.5% 09/22/2031 | 1.13	Großbritannien | 8.9 | 0.10 |
| Fonciere des Murs SCA 1% 07/27/2029 | 1.12	Frankreich | 6.8 | 0.08 |
| Inmobiliaria Colonial SA 0.75% 06/22/2029 | 1.05	Spanien | 6.7 | 0.07 |
| Sagax AB 2.25% 03/13/2025 | 0.95	Schweden | 2.6 | 0.02 |
| UDR Inc 4.4% 01/26/2029 | 0.89	Vereinigten Staaten | 5.8 | 0.05 |
| SELP FINANCE Sarl 1.5% 12/20/2026 | 0.85	Luxemburg | 4.4 | 0.04 |
| Summe (%) | 21.66 |  |  |


## Engagement nach Laufzeit (%)
40
30
20
10
0	0 - 1 Jahr	1 - 3 Jahre	3 - 5 Jahre	5 - 7 Jahre	7 - 10 Jahre	10 - 15 Jahre
Portfolio	2.10	4.52	27.60	27.44	37.81	0.53