# Price Development AI in EUR*
Indexed - since Inception	Performance per calendar year in %
250
225
200
175
150
125
100
75
2002	2006	2010	2014	2018	2022
20
15
10
5
0
-5
-10
-15
-20
-25
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2002	2006	2010	2014	2018	2022
}
2/5	Performance of AI share class per calendar year in % (EUR)*
|  | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 2011 | 0.44 | 0.75 | -1.59 | 1.89 | 0.00 | -1.13 | 0.13 | -2.71 | -0.98 | 2.56 | -1.96 | 2.27 | -0.49 |
| 2012 | 2.11 | 1.73 | -0.28 | 0.09 | -1.75 | 0.49 | 1.82 | 0.38 | 0.90 | 0.14 | 1.02 | 1.06 | 7.93 |
| 2013 | 1.44 | 1.23 | 1.30 | 2.42 | -1.32 | -2.69 | 1.26 | -1.07 | 1.92 | 2.40 | 0.38 | -1.21 | 5.26 |
| 2014 | 1.49 | 1.18 | -0.14 | 1.14 | 1.66 | 0.26 | 0.76 | 2.41 | -1.47 | 0.49 | 2.09 | 0.55 | 10.85 |
| 2015 | 3.39 | 0.29 | -0.05 | -0.76 | -0.42 | -1.65 | 1.59 | -2.51 | -0.66 | 2.19 | 0.22 | -1.20 | 0.27 |
| 2016 | -0.81 | -0.42 | 0.83 | -0.35 | 1.18 | 1.17 | 2.24 | 0.47 | 0.11 | -1.33 | 0.80 | 1.66 | 5.63 |
| 2017 | 0.35 | 2.54 | 0.31 | 1.04 | 1.44 | -2.13 | 0.79 | 0.97 | -0.48 | 2.34 | 0.53 | -0.03 | 7.85 |
| 2018 | 0.43 | -1.64 | -0.51 | 1.01 | 1.46 | -0.04 | 0.19 | 0.86 | -1.12 | -3.89 | 1.78 | -1.50 | -3.07 |
| 2019 | 3.24 | 0.76 | 3.47 | 1.47 | -1.30 | 3.80 | 0.95 | -0.18 | 1.11 | 0.65 | 0.85 | 0.54 | 16.34 |
| 2020 | 0.10 | -4.03 | -7.38 | 1.93 | 0.74 | 0.90 | 0.18 | 1.13 | -0.73 | -1.14 | 3.63 | 0.60 | -4.47 |
| 2021 | -0.27 | 1.24 | 2.50 | 1.19 | 1.01 | 1.54 | 1.92 | 0.63 | -2.73 | 1.85 | -0.94 | 1.59 | 9.84 |
| 2022 | -3.70 | -1.65 | -1.54 | -2.77 | -1.29 | -1.49 | 1.58 | -5.96 | -2.43 | -0.14 | 0.53 | -2.14 | -19.27 |
| 2022 | 1.99 | - | - | - | - | - | - | - | - | - | - | - | 1.99 |

Performance of AI share class in % (EUR)*
| 1 month | YTD | 3 years p.a. | 5 years p.a. | 10 years p.a. | since inception |
| --- | --- | --- | --- | --- | --- |
| Fund | 1.99 | 1.99 | -4.78 | -0.60 | 2.50 | 93.39 |

| 02/2018 - 01/2019	02/2019 - 01/2020	02/2020 - 01/2021	02/2021 - 01/2022	02/2022 - 01/2023 |
| --- |
| Fund	-0.36	12.80	-4.82	6.07	-14.51 |

| * Source: Vontobel Asset Management AG. Historical performance is not an indicator of current or future performance. The performance data do not take into account the commissions and costs charged on the issue and redemption of units. The fund's return may rise or fall as a result of currency fluctuations. |
| --- |
| Fund Characteristics |

Return and Risk	Correlations Since Inception
| Return since inception p.a. [%] | 3.31 |
| --- | --- |
| Volatility [3 years, annualised] | 8.31 |
| Sharpe Ratio [3 years, annualised] | - |
| Sharpe Ratio [since inception, annualised] | 0.42 |
| Best Month [%] | 3.98 |
| Worst Month [%] | -7.38 |
| Positive Months | 153 |
| Value at Risk 95/1M [% ex-ante] | 3.66 |
| Duration [years] | 1.13 |

HFRI Index
BB Commodities
iBoxx € Eurozone
3M-EURIBOR
1
0.5
0
-0.5
-1
MSCI World
EuroStoxx50
iBoxx € Germany

Translation (ENDE, 2023-01-01):
# Wertentwicklung AI in EUR*
Indexiert - seit Auflage	Performance pro Kalenderjahr in %
250
225
200
175
150
125
100
75
2002	2006	2010	2014	2018	2022
20
15
10
5
0
-5
-10
-15
-20
-25
2002	2006	2010	2014	2018	2022
}
2/5	Performance der AI Anteilsklasse pro Kalenderjahr in % (EUR)*
|  | Jan | Feb | Mär | Apr | Mai | Jun | Jul | Aug | Sep | Okt | Nov | Dez | Total |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 2011 | 0.44 | 0.75 | -1.59 | 1.89 | 0.00 | -1.13 | 0.13 | -2.71 | -0.98 | 2.56 | -1.96 | 2.27 | -0.49 |
| 2012 | 2.11 | 1.73 | -0.28 | 0.09 | -1.75 | 0.49 | 1.82 | 0.38 | 0.90 | 0.14 | 1.02 | 1.06 | 7.93 |
| 2013 | 1.44 | 1.23 | 1.30 | 2.42 | -1.32 | -2.69 | 1.26 | -1.07 | 1.92 | 2.40 | 0.38 | -1.21 | 5.26 |
| 2014 | 1.49 | 1.18 | -0.14 | 1.14 | 1.66 | 0.26 | 0.76 | 2.41 | -1.47 | 0.49 | 2.09 | 0.55 | 10.85 |
| 2015 | 3.39 | 0.29 | -0.05 | -0.76 | -0.42 | -1.65 | 1.59 | -2.51 | -0.66 | 2.19 | 0.22 | -1.20 | 0.27 |
| 2016 | -0.81 | -0.42 | 0.83 | -0.35 | 1.18 | 1.17 | 2.24 | 0.47 | 0.11 | -1.33 | 0.80 | 1.66 | 5.63 |
| 2017 | 0.35 | 2.54 | 0.31 | 1.04 | 1.44 | -2.13 | 0.79 | 0.97 | -0.48 | 2.34 | 0.53 | -0.03 | 7.85 |
| 2018 | 0.43 | -1.64 | -0.51 | 1.01 | 1.46 | -0.04 | 0.19 | 0.86 | -1.12 | -3.89 | 1.78 | -1.50 | -3.07 |
| 2019 | 3.24 | 0.76 | 3.47 | 1.47 | -1.30 | 3.80 | 0.95 | -0.18 | 1.11 | 0.65 | 0.85 | 0.54 | 16.34 |
| 2020 | 0.10 | -4.03 | -7.38 | 1.93 | 0.74 | 0.90 | 0.18 | 1.13 | -0.73 | -1.14 | 3.63 | 0.60 | -4.47 |
| 2021 | -0.27 | 1.24 | 2.50 | 1.19 | 1.01 | 1.54 | 1.92 | 0.63 | -2.73 | 1.85 | -0.94 | 1.59 | 9.84 |
| 2022 | -3.70 | -1.65 | -1.54 | -2.77 | -1.29 | -1.49 | 1.58 | -5.96 | -2.43 | -0.14 | 0.53 | -2.14 | -19.27 |
| 2023 | 1.99 | - | - | - | - | - | - | - | - | - | - | - | 1.99 |

Performance der AI Anteilsklasse in % (EUR)*
| 1 Monat | YTD | 3 Jahre p.a. | 5 Jahre p.a. | 10 Jahre p.a. | Seit Auflage |
| --- | --- | --- | --- | --- | --- |
| Fonds | 1.99 | 1.99 | -4.78 | -0.60 | 2.50 | 93.39 |

| 02.2018 - 01.2019	02.2019 - 01.2020	02.2020 - 01.2021	02.2021 - 01.2022	02.2022 - 01.2023 |
| --- |
| Fonds	-0.36	12.80	-4.82	6.07	-14.51 |

| * Quelle: Vontobel Asset Management AG. Die historische Performance stellt keinen Indikator für die laufende oder zukünftige Performance dar. Die Performancedaten lassen die bei der Ausgabe und Rücknahme der Anteile erhobenen Kommissionen und Kosten unberücksichtigt. Die Rendite des Fonds kann infolge von Währungsschwankungen steigen oder fallen. |
| --- |
| Kennzahlen |

Ertrag und Risiko	Korrelationen seit Auflage
| Rendite seit Auflage p.a. [%] | 3.31 |
| --- | --- |
| Volatilität [3 Jahre, annualisiert] | 8.31 |
| Sharpe Ratio [3 Jahre, annualisiert] | - |
| Sharpe Ratio [seit Auflage, annualisiert] | 0.42 |
| Bester Monat [%] | 3.98 |
| Schwächster Monat [%] | -7.38 |
| Positive Monate | 153 |
| Value at Risk 95/1M [% ex-ante] | 3.66 |
| Duration [Jahre] | 1.13 |

HFRI Index
BB Commodities
iBoxx € Eurozone
3M-EURIBOR
1
0.5
0
-0.5
-1
MSCI World
EuroStoxx50
iBoxx € Germany