# Portfolio Analysis
## Asset Allocation (%)
0	10	20	30	40	50	60	70	80	90	100	110
| Equity | 60.10 | 63.26 | 61.83 | 63.95 | 61.87 | 63.59 | 63.24 | 63.54 | 59.75 | 56.72 | 60.00 | 57.68 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Bonds | 39.90 | 36.74 | 38.17 | 36.05 | 38.13 | 36.41 | 36.76 | 36.46 | 40.25 | 43.28 | 40.00 | 42.32 |


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

100
80
60
40
20
0
|  | USD | SEK | JPY | NOK | CHF | CAD | Other |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio | 101.29 | 0.14 | 0.04 | - | -0.02 | -0.04 | -1.42 |  |
| Equity Top 10 Holdings |  |  |  |  |
| Equity | Weighting (%) | Sector | Geography |  |
| Prologis Inc | 5.16 | Real Estate | United States |  |
| AvalonBay Communities Inc | 2.84 | Real Estate | United States |  |
| Goodman Group | 2.81 | Real Estate | Australia |  |
| Equinix Inc | 2.39 | Real Estate | United States |  |
| Capitaland Investment Ltd | 2.20 | Real Estate | Singapore |  |
| American Homes 4 Rent | 2.09 | Real Estate | United States |  |
| Duke Realty Corp | 1.94 | Real Estate | United States |  |
| Link REIT | 1.92 | Real Estate | Hong Kong |  |
| Mitsui Fudosan Co Ltd | 1.91 | Real Estate | Japan |  |
| Extra Space Storage Inc | 1.86 | Real Estate | United States |  |
| Total (%) | 25.12 |  |  |  |
| Sector Breakdown (%) |  |  |  |  |
|  |  |  |  | Portfolio |
| Real estate |  |  |  | 100.00 |

-20
| Fixed Income |  |
| --- | --- |
| Top 10 Holdings |
| Name | Weighting (%) | Issuer country | Mod. Duration | Contribution |
| EURO-BUND FUTURE SEP22 Counter Expo | 6.37 | Germany | 0.0 | 0.00 |
| US 10YR ULTRA FUT DEC22 C Expo | 2.63 | United States | 0.0 | 0.00 |
| US 10YR NOTE (CBT)DEC22 Counter Expo | 2.58 | United States | 0.0 | 0.00 |
| Sun Hung Kai Properties 2.875% 01/21/2030 | 1.35 | Hong Kong | 6.5 | 0.09 |
| Segro Capital Sarl 0.5% 09/22/2031 | 0.96 | United Kingdom | 8.2 | 0.08 |
| Fonciere des Murs SCA 1% 07/27/2029 | 0.94 | France | 6.2 | 0.06 |
| Inmobiliaria Colonial SA 0.75% 06/22/2029 | 0.90 | Spain | 6.1 | 0.05 |
| UDR Inc 4.4% 01/26/2029 | 0.89 | United States | 5.3 | 0.05 |
| Sagax AB 2.25% 03/13/2025 | 0.86 | Sweden | 2.1 | 0.02 |
| Physicians Realty LP 4.3% 03/15/2027 | 0.85 | United States | 3.8 | 0.03 |
| Total (%) | 18.33 |  |  |  |
| Maturity Breakdown (%) |  |  |  |  |

40
30
20
10
0	0 - 1 Year	1 - 3 years	3 - 5 years	5 - 7 years	7 - 10 years
Portfolio	3.21	6.48	36.50	25.02	28.78

Translation (ENDE, 2022-08-31):
# Portfolioanalyse
## Portfolio-Strukterierung (%)
0	10	20	30	40	50	60	70	80	90	100	110
| Aktien | 60.10 | 63.26 | 61.83 | 63.95 | 61.87 | 63.59 | 63.24 | 63.54 | 59.75 | 56.72 | 60.00 | 57.68 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Anleihen | 39.90 | 36.74 | 38.17 | 36.05 | 38.13 | 36.41 | 36.76 | 36.46 | 40.25 | 43.28 | 40.00 | 42.32 |

30/09/2021
29/10/2021
30/11/2021
31/12/2021
21/01/2022
28/02/2022
31/03/2022
29/04/2022
31/05/2022
30/06/2022
29/07/2022
31/08/2022

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

100
80
60
40
20
0
|  | USD | SEK | JPY | NOK | CHF | CAD | Sonstige |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio | 101.29 | 0.14 | 0.04 | - | -0.02 | -0.04 | -1.42 |

-20
| Aktien Top 10 Positionen |  |
| --- | --- |
| Aktie | Gewichtung (%) | Sektor | Land |  |
| Prologis Inc | 5.16 | Immobilien | Vereinigten Staaten |  |
| AvalonBay Communities Inc | 2.84 | Immobilien | Vereinigten Staaten |  |
| Goodman Group | 2.81 | Immobilien | Australien |  |
| Equinix Inc | 2.39 | Immobilien | Vereinigten Staaten |  |
| Capitaland Investment Ltd | 2.20 | Immobilien | Singapur |  |
| American Homes 4 Rent | 2.09 | Immobilien | Vereinigten Staaten |  |
| Duke Realty Corp | 1.94 | Immobilien | Vereinigten Staaten |  |
| Link REIT | 1.92 | Immobilien | Hong-Kong |  |
| Mitsui Fudosan Co Ltd | 1.91 | Immobilien | Japan |  |
| Extra Space Storage Inc | 1.86 | Immobilien | Vereinigten Staaten |  |
| Summe (%) | 25.12 |  |  |  |
| Sektorengewichtung (%) |  |  |  |  |
|  |  |  |  | Portfolio |
| Immobilien |  |  |  | 100.00 |
| Anleihen Top 10 Positionen |  |  |  |  |
| Name | Gewichtung (%) | Investiert in | Mod. Duration | Beitrag |
| EURO-BUND FUTURE SEP22 Counter Expo | 6.37 | Deutschland | 0.0 | 0.00 |
| US 10YR ULTRA FUT DEC22 C Expo | 2.63 | Vereinigten Staaten | 0.0 | 0.00 |
| US 10YR NOTE (CBT)DEC22 Counter Expo | 2.58 | Vereinigten Staaten | 0.0 | 0.00 |
| Sun Hung Kai Properties 2.875% 01/21/2030 | 1.35 | Hong-Kong | 6.5 | 0.09 |
| Segro Capital Sarl 0.5% 09/22/2031 | 0.96 | Großbritannien | 8.2 | 0.08 |
| Fonciere des Murs SCA 1% 07/27/2029 | 0.94 | Frankreich | 6.2 | 0.06 |
| Inmobiliaria Colonial SA 0.75% 06/22/2029 | 0.90 | Spanien | 6.1 | 0.05 |
| UDR Inc 4.4% 01/26/2029 | 0.89 | Vereinigten Staaten | 5.3 | 0.05 |
| Sagax AB 2.25% 03/13/2025 | 0.86 | Schweden | 2.1 | 0.02 |
| Physicians Realty LP 4.3% 03/15/2027 | 0.85 | Vereinigten Staaten | 3.8 | 0.03 |
| Summe (%) | 18.33 |  |  |  |


## Engagement nach Laufzeit (%)
40
30
20
10
0	0 - 1 Jahr	1 - 3 Jahre	3 - 5 Jahre	5 - 7 Jahre	7 - 10 Jahre
Portfolio	3.21	6.48	36.50	25.02	28.78