# Asset breakdown - by CapStac sector
## In % of total economic exposure
Benchmark 

## Portfolio Benchmark	
Portfolio 
| Senior unsecured | 83.59 | 81.73 |  |
| --- | --- | --- | --- |
| Senior secured | 14.27 | 14.69 |  |
| Cash | 0.84 | n/a |  |
| Senior non-preferred | 0.83 | 2.90 |  |
| Subordinate | 0.48 | 0.40 |  |
| Others | 0.00 | 0.29 |  |

| Top 10 positions |  |
| --- | --- |
| In % of total economic exposure |
| Instrument Name | ISIN | Coupon p.a. | Maturity date | Weight |
| KFW BANKENGRUPPE | CH0022268004 | 2.50% | 25.08.2025 | 2.55% |
| EUROPEAN INVESTMENT BANK | CH0196878661 | 1.13% | 26.04.2023 | 2.53% |
| BANK NEDERLANDSE GEMEENTEN | CH0021894602 | 2.50% | 21.07.2025 | 1.69% |
| JPMORGAN CHASE & CO | CH0272024669 | 0.50% | 04.12.2023 | 1.55% |
| APPLE INC | CH0271171685 | 0.38% | 25.11.2024 | 1.55% |
| NATIONWIDE BUILDING SOCIETY | CH0485445982 | 0.00% | 11.07.2025 | 1.38% |
| DEUTSCHE BAHN FINANCE GMBH | CH0385997108 | 0.45% | 08.11.2030 | 1.36% |
| CIE FINANCEMENT FONCIER | CH0024141100 | 2.50% | 24.02.2031 | 1.33% |
| NV BANK NEDERLANDSE GEMEENTEN | CH0241528741 | 1.25% | 30.04.2024 | 1.28% |
| RABOBANK NEDERLAND NV | CH0026620846 | 3.13% | 15.09.2026 | 1.22% |
|  |  |  |  |  |
| Top 10 issuers In % of total economic exposure |  |  |  | in % |
| DEUTSCHE BAHN FINANCE GMBH |  |  |  | 3.62 |
| BNG BANK NV |  |  |  | 3.33 |
| EUROPEAN INVESTMENT BANK |  |  |  | 3.23 |
| CREDIT AGRICOLE HOME LOAN SFH |  |  |  | 2.93 |
| MUENCHENER HYPOTHEKENBK EG |  |  |  | 2.86 |
| KFW |  |  |  | 2.58 |
| NORTH AMERICAN DEVELOPMENT BANK |  |  |  | 2.46 |
| APPLE INC |  |  |  | 2.39 |
| KOMMUNEKREDIT |  |  |  | 2.37 |
| OESTERREICH KONTROLLBANK |  |  |  | 2.34 |

Translation (ENDE, 2022-02-28):
# Vermögensstruktur - nach CapStac Sektor
in % des Exposures
Benchmark 
| AAA | 23.94 | 19.10 |  |
| --- | --- | --- | --- |
| AA+ | 7.17 | 6.93 |  |
| AA | 6.76 | 6.64 |  |
| AA- | 12.38 | 12.18 |  |
| A+ | 17.36 | 14.33 |  |
| A | 11.33 | 11.29 |  |
| A- | 5.23 | 6.67 |  |
| BBB+ | 9.47 | 13.22 |  |
| BBB | 4.25 | 6.63 |  |
| BBB- | 1.27 | 2.76 |  |  |
|  |
| BB+ | n.a. | 0.24 |  |
| D | 0.01 | n.a. |  |
| Cash und FX | 0.84 | n.a. |  |
| Rest | 0.00 | n.a. |  |

Portfolio Benchmark	
Portfolio 
| Vorrangig unbesichert | 83.59 | 81.73 |  |
| --- | --- | --- | --- |
| Vorrangig besichert | 14.27 | 14.69 |  |  |
|  |
|  |
| Liquidität | 0.84 | n.a. |  |
| Vorrangig mit Verlustabsorption | 0.83 | 2.90 |  |
| Nachrangig | 0.48 | 0.40 |  |
| Rest | 0.00 | 0.29 |  |

| 10 grösste Positionen |  |
| --- | --- |
| in % des Exposures |
| Wertschriften Name | ISIN | Coupon p. a. | Fälligkeitstag | Gewichtung |
| KFW BANKENGRUPPE | CH0022268004 | 2.50% | 25.08.2025 | 2.55% |
| EUROPEAN INVESTMENT BANK | CH0196878661 | 1.13% | 26.04.2023 | 2.53% |
| BANK NEDERLANDSE GEMEENTEN | CH0021894602 | 2.50% | 21.07.2025 | 1.69% |
| JPMORGAN CHASE & CO | CH0272024669 | 0.50% | 04.12.2023 | 1.55% |
| APPLE INC | CH0271171685 | 0.38% | 25.11.2024 | 1.55% |
| NATIONWIDE BUILDING SOCIETY | CH0485445982 | 0.00% | 11.07.2025 | 1.38% |
| DEUTSCHE BAHN FINANCE GMBH | CH0385997108 | 0.45% | 08.11.2030 | 1.36% |
| CIE FINANCEMENT FONCIER | CH0024141100 | 2.50% | 24.02.2031 | 1.33% |
| NV BANK NEDERLANDSE GEMEENTEN | CH0241528741 | 1.25% | 30.04.2024 | 1.28% |
| RABOBANK NEDERLAND NV | CH0026620846 | 3.13% | 15.09.2026 | 1.22% |
|  |  |  |  |  |
| 10 grösste Emittenten in % des Exposures |  |  |  | in % |
| DEUTSCHE BAHN FINANCE GMBH |  |  |  | 3.62 |
| BNG BANK NV |  |  |  | 3.33 |
| EUROPEAN INVESTMENT BANK |  |  |  | 3.23 |
| CREDIT AGRICOLE HOME LOAN SFH |  |  |  | 2.93 |
| MUENCHENER HYPOTHEKENBK EG |  |  |  | 2.86 |
| KFW |  |  |  | 2.58 |
| NORTH AMERICAN DEVELOPMENT BANK |  |  |  | 2.46 |
| APPLE INC |  |  |  | 2.39 |
| KOMMUNEKREDIT |  |  |  | 2.37 |
| OESTERREICH KONTROLLBANK |  |  |  | 2.34 |