# Portfolio Analysis
## Asset Allocation (%)
0	10	20	30	40	50	60	70	80	90	100	110
| Equity | 63.59 | 63.24 | 63.54 | 59.75 | 56.72 | 60.00 | 57.68 | 56.83 | 51.28 | 53.38 | 50.05 | 54.21 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Bonds | 36.41 | 36.76 | 36.46 | 40.25 | 43.28 | 40.00 | 42.32 | 43.17 | 48.72 | 46.62 | 49.95 | 45.79 |


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

100
80
60
40
20
| 0 | USD | EUR | SEK | SGD | AUD | GBP | Other |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio | 97.02 | 1.85 | 0.34 | 0.21 | 0.19 | 0.18 | 0.21 |
| Equity : 54% of the overall Portfolio Top 10 Holdings |  |  |  |
| Equity | Weighting (%) | Sector | Geography |
| Prologis Inc | 6.23 | Real Estate | United States |
| Goodman Group | 2.86 | Real Estate | Australia |
| Equinix Inc | 2.46 | Real Estate | United States |
| AvalonBay Communities Inc | 2.35 | Real Estate | United States |
| American Homes 4 Rent | 2.09 | Real Estate | United States |
| Alexandria Real Estate Equi... | 2.09 | Real Estate | United States |
| Capitaland Investment Ltd | 2.06 | Real Estate | Singapore |
| Link REIT | 1.93 | Real Estate | Hong Kong |
| CapitaLand Integrated Comme... | 1.84 | Real Estate | Singapore |
| Welltower Inc | 1.68 | Real Estate | United States |
| Total (%) | 25.58 |  |  |

Companies shown are for illustrative purposes only at the date of this report and may no longer be in the portfolio later. It should not be considered a recommendation to purchase or sell any security.

## Sector Breakdown (%)
Portfolio
Real estate	100.00
Fixed Income : 42% of the overall portfolio

## Top 10 Holdings
| Name | Weighting (%) | Issuer country | Mod. Duration | Contribution |
| --- | --- | --- | --- | --- |
| EURO-BUND FUTURE MAR23 Counter Expo | 3.54 | Germany | 0.0 | 0.00 |
| US 10YR NOTE (CBT)MAR23 Counter Expo | 2.09 | United States | 0.0 | 0.00 |
| Sun Hung Kai Properties 2.875% 01/21/2030 | 1.37 | Hong Kong | 6.2 | 0.08 |
| SELP FINANCE Sarl 3.75% 08/10/2027 | 1.27 | Luxembourg | 3.8 | 0.05 |
| Nerval SAS 2.875% 04/14/2032 | 1.20 | France | 7.3 | 0.09 |
| Segro Capital Sarl 0.5% 09/22/2031 | 1.04 | United Kingdom | 7.9 | 0.08 |
| Fonciere des Murs SCA 1% 07/27/2029 | 1.02 | France | 5.7 | 0.06 |
| Inmobiliaria Colonial SA 0.75% 06/22/2029 | 1.00 | Spain | 5.7 | 0.06 |
| Sagax AB 2.25% 03/13/2025 | 0.97 | Sweden | 1.7 | 0.02 |
| Cofinimmo SA 0.875% 12/02/2030 | 0.95 | Belgium | 7.0 | 0.07 |
| Total (%) | 14.46 |  |  |  |

Companies shown are for illustrative purposes only at the date of this report and may no longer be in the portfolio later. It should not be considered a recommendation to purchase or sell any security.

## Maturity Breakdown (%)
35
30
25
20
15
10
5
0	Cash	0 - 1 Year	1 - 3 years	3 - 5 years	5 - 7 years	7 - 10 years	10 - 15 years
Portfolio	7.33	1.29	10.17	31.08	28.18	21.49	0.46

Translation (ENDE, 2023-01-31):
# Portfolioanalyse
## Portfolio-Strukterierung (%)
0	10	20	30	40	50	60	70	80	90	100	110
| Aktien | 63.59 | 63.24 | 63.54 | 59.75 | 56.72 | 60.00 | 57.68 | 56.83 | 51.28 | 53.38 | 50.05 | 54.21 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Anleihen | 36.41 | 36.76 | 36.46 | 40.25 | 43.28 | 40.00 | 42.32 | 43.17 | 48.72 | 46.62 | 49.95 | 45.79 |

28/02/2022
31/03/2022
29/04/2022
31/05/2022
30/06/2022
29/07/2022
31/08/2022
30/09/2022
31/10/2022
30/11/2022
30/12/2022
31/01/2023

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

100
80
60
40
20
| 0 | USD | EUR | SEK | SGD | AUD | GBP | Sonstige |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio | 97.02 | 1.85 | 0.34 | 0.21 | 0.19 | 0.18 | 0.21 |

| Aktien : 54% des Gesamtportfolios |  |
| --- | --- |
| Top 10 Positionen |
| Aktie | Gewichtung (%) | Sektor | Land |
| Prologis Inc | 6.23 | Immobilien | Vereinigten Staaten |
| Goodman Group | 2.86 | Immobilien | Australien |
| Equinix Inc | 2.46 | Immobilien | Vereinigten Staaten |
| AvalonBay Communities Inc | 2.35 | Immobilien | Vereinigten Staaten |
| American Homes 4 Rent | 2.09 | Immobilien | Vereinigten Staaten |
| Alexandria Real Estate Equi... | 2.09 | Immobilien | Vereinigten Staaten |
| Capitaland Investment Ltd | 2.06 | Immobilien | Singapur |
| Link REIT | 1.93 | Immobilien | Hong-Kong |
| CapitaLand Integrated Comme... | 1.84 | Immobilien | Singapur |
| Welltower Inc | 1.68 | Immobilien | Vereinigten Staaten |
| Summe (%) | 25.58 |  |  |

Die aufgeführten Unternehmen dienen ausschließlich zur Veranschaulichung zum Zeitpunkt dieses Berichts und sind später möglicherweise nicht mehr im Portfolio enthalten. Es ist nicht als Empfehlung für den Kauf oder Verkauf von Wertpapieren aufzufassen.
| Sektorengewichtung (%) |  |
| --- | --- |
|  |  |  | Portfolio |
| Immobilien |  |  | 100.00 |
| Anleihen : 42% des Gesamtportfolios Top 10 Positionen |  |  |  |
| Name	Gewichtung (%) | Investiert in | Mod. Duration | Beitrag |
| EURO-BUND FUTURE MAR23 Counter Expo	3.54 | Deutschland | 0.0 | 0.00 |
| US 10YR NOTE (CBT)MAR23 Counter Expo	2.09 | Vereinigten Staaten | 0.0 | 0.00 |
| Sun Hung Kai Properties 2.875% 01/21/2030	1.37 | Hong-Kong | 6.2 | 0.08 |
| SELP FINANCE Sarl 3.75% 08/10/2027	1.27 | Luxemburg | 3.8 | 0.05 |
| Nerval SAS 2.875% 04/14/2032	1.20 | Frankreich | 7.3 | 0.09 |
| Segro Capital Sarl 0.5% 09/22/2031	1.04 | Großbritannien | 7.9 | 0.08 |
| Fonciere des Murs SCA 1% 07/27/2029	1.02 | Frankreich | 5.7 | 0.06 |
| Inmobiliaria Colonial SA 0.75% 06/22/2029	1.00 | Spanien | 5.7 | 0.06 |
| Sagax AB 2.25% 03/13/2025	0.97 | Schweden | 1.7 | 0.02 |
| Cofinimmo SA 0.875% 12/02/2030	0.95 | Belgien | 7.0 | 0.07 |
| Summe (%)	14.46 |  |  |  |

Die aufgeführten Unternehmen dienen ausschließlich zur Veranschaulichung zum Zeitpunkt dieses Berichts und sind später möglicherweise nicht mehr im Portfolio enthalten. Es ist nicht als Empfehlung für den Kauf oder Verkauf von Wertpapieren aufzufassen.

## Engagement nach Laufzeit (%)
35
30
25
20
15
10
5
0	Liquide Mittel	0 - 1 Jahr	1 - 3 Jahre	3 - 5 Jahre	5 - 7 Jahre	7 - 10 Jahre	10 - 15 Jahre
Portfolio	7.33	1.29	10.17	31.08	28.18	21.49	0.46