OVHaiLLM/Flipper huggingface dataset:
# Performance overview - yearly
| 2018 | 2019 | 2020 | 2021 | 2022 | ITD |
| --- | --- | --- | --- | --- | --- |
| Portfolio net	4.38 | 12.70 | 1.75 | -9.32 | -14.65 | -7.37 |
| Portfolio net incl. max sales	4.38 | 12.70 | 1.75 | -9.32 | -14.65 | -7.37 |
| Benchmark	4.76 | 13.47 | 2.69 | -8.75 | -14.40 | -4.65 |
| Relative net	-0.38 | -0.77 | -0.95 | -0.58 | -0.25 | -2.73 |


## since 01.09.2018, in %

## charge

## Figures shown include the deduction of the maximum sales charge of 0% in the first year of investment.

Translation (ENDE, 2022-08-31):
# Performance-Übersicht – jährlich
| 2018 | 2019 | 2020 | 2021 | 2022 | ITD |
| --- | --- | --- | --- | --- | --- |
| Portfolio netto	4.38 | 12.70 | 1.75 | -9.32 | -14.65 | -7.37 |
| Portfolio netto inkl. max.	4.38 | 12.70 | 1.75 | -9.32 | -14.65 | -7.37 |
| Benchmark	4.76 | 13.47 | 2.69 | -8.75 | -14.40 | -4.65 |
| Relativ netto	-0.38 | -0.77 | -0.95 | -0.58 | -0.25 | -2.73 |


## Seit 01.09.2018, in %

## Ausgebeaufschlag

## Die genannten Beträge verstehen sich nach Abzug des für den Anleger maximal anfallenden Ausgabeaufschlags in Höhe von 0% im ersten Anlagejahr.
# Performance overview - yearly
since 01.01.2014, in %
| 2014	2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio net	1.17	-1.90 | 10.76 | 6.33 | -6.39 | 12.46 | 7.66 | -4.71 | -23.91 | 0.23 |

Translation (ENDE, 2023-02-28):
# Performance-Übersicht – jährlich
| 2014	2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio netto	1.17	-1.90 | 10.76 | 6.33 | -6.39 | 12.46 | 7.66 | -4.71 | -23.91 | 0.23 |


## Seit 01.01.2014, in %
# Key risk figures
Portfolio
Portfolio
Modified duration	4.24
Yield to maturity	6.22%
Yield to worst	6.34%
Average maturity in years	6.85
Linear weighted average credit rating	BB+
Number of securities	278

Translation (ENDE, 2023-02-28):
# Risikokennzahlen
## Portfolio

## Portfolio

## Modified Duration	4.24

## Yield to maturity	6.22%

## Yield to worst	6.34%

## WAL-to-worst in Jahren	6.85

## Linear gewichtetes durchschnittliches Bonitätsrating	BB+

## Anzahl Titel	278
# Asset breakdown by rating bucket
In % of total economic exposure
in %	
Portfolio 

Translation (ENDE, 2023-02-28):
# Vermögensstruktur nach Rating-Bucket
| AAA	0.74 |  |
| --- | --- |
| AA	3.51 |  |  |
| A	14.16 |  |  |
| BBB	28.90 |  |  |
| BB	25.69 |  |  |
| B	16.19 |  |  |
| CCC & Darunter	7.89 |  |  |
| Nicht gerated	2.23 |  |  |
| Liquide Anlagen	0.70 |  |


## In % des Exposures
# Asset breakdown by JPM sector
In % of total economic exposure
in %	
Portfolio 
| AAA	0.74 |  |
| --- | --- |
| AA	3.51 |  |  |
| A	14.16 |  |  |
| BBB	28.90 |  |  |
| BB	25.69 |  |  |
| B	16.19 |  |  |
| CCC & Below	7.89 |  |  |
| Not rated	2.23 |  |  |
| Cash and Cash	0.70 Equivalents |  |

| Financials	30.16 |  |  |
| --- | --- | --- |
| Oil & Gas	17.33 |  |  |
| TMT	12.31 |  |  |
| Metals & Mining	8.51 |  |  |
| Industrial	5.51 |  |  |
| Real Estate	4.42 |  |  |
| Consumer	4.37 |  |  |
| Quasi-Sovereign	4.01 |  |  |
| Utilities	3.98 |  |  |
| Sovereign	3.83 |  |  |
| Transport	2.02 |  |  |
| Others	3.54 |  |  |

| Top 10 positions |  |
| --- | --- |
| In % of total economic exposure Instrument Name | ISIN | Coupon p.a. | Maturity date | Weight |
| STILLWATER MINING COMPANY | USU85969AF71 | 4.50% | 16.11.2029 | 1.51% |
| QNB FINANCE LTD | XS2287744218 | 1.38% | 26.01.2026 | 1.34% |
| UNITED OVERSEAS BANK LTD | US91127LAH33 | 3.86% | 07.10.2032 | 1.14% |
| DIB SUKUK LTD | XS2124965299 | 2.95% | 16.01.2026 | 1.14% |
| HKT CAPITAL NO6 LTD | XS2414130711 | 3.00% | 18.01.2032 | 1.12% |
| GC TREASURY CENTRE CO | US36830DAD30 | 4.40% | 30.03.2032 | 1.09% |
| STATE BANK OF INDIA (LONDON BRANCH | XS2432299449 | 2.49% | 26.01.2027 | 1.08% |
| ABU DHABI COMMERCIAL BANK PJSC | XS2464055065 | 3.50% | 31.03.2027 | 1.08% |
| CBQ FINANCE LTD | XS2230306537 | 2.00% | 15.09.2025 | 1.05% |
| CBQ FINANCE LTD | XS2341197536 | 2.00% | 12.05.2026 | 1.03% |
|  |  |  |  |  |
| Fund Statistics - ex post |  |  |  |  |
|  |  |  | 3 years | 5 years |
|  |  |  | Portfolio | Portfolio |
| Maximum drawdown, in % |  |  | -32.14 | -32.14 |

Translation (ENDE, 2023-02-28):
# Vermögensstruktur nach JPM Sektoren
## In % des Exposures
| in % | Portfolio  | in % |  | Portfolio  |
| --- | --- | --- | --- | --- |
| Finanzwesen | 30.16 |
| Öl und Gas | 17.33 |
| TMT | 12.31 |
| Metallindustrie und Bergbau | 8.51 |
| Industrieanleihen | 5.51 |
| Immobilienanlagen | 4.42 |
| Verbraucher | 4.37 |
| Quasi-staatlich | 4.01 |
| Versorger | 3.98 |
|  | Übrige Staatsanleihen | 3.83 |  |  |
|  | Transport | 2.02 |  |  |
|  | Rest | 3.54 |  |  |
|  |  |  |  |  |
| 10 grösste Positionen |  |  |  |  |
| In % des Exposures |  |  |  |  |
| Wertschriftenname | ISIN | Coupon p. a. | Fälligkeitstag | Gewichtung |
| STILLWATER MINING COMPANY | USU85969AF71 | 4.50% | 16.11.2029 | 1.51% |
| QNB FINANCE LTD | XS2287744218 | 1.38% | 26.01.2026 | 1.34% |
| UNITED OVERSEAS BANK LTD | US91127LAH33 | 3.86% | 07.10.2032 | 1.14% |
| DIB SUKUK LTD | XS2124965299 | 2.95% | 16.01.2026 | 1.14% |
| HKT CAPITAL NO6 LTD | XS2414130711 | 3.00% | 18.01.2032 | 1.12% |
| GC TREASURY CENTRE CO | US36830DAD30 | 4.40% | 30.03.2032 | 1.09% |
| STATE BANK OF INDIA (LONDON BRANCH | XS2432299449 | 2.49% | 26.01.2027 | 1.08% |
| ABU DHABI COMMERCIAL BANK PJSC | XS2464055065 | 3.50% | 31.03.2027 | 1.08% |
| CBQ FINANCE LTD | XS2230306537 | 2.00% | 15.09.2025 | 1.05% |
| CBQ FINANCE LTD | XS2341197536 | 2.00% | 12.05.2026 | 1.03% |
|  |  |  |  |  |
| Fondsstatistik - ex post |  |  |  |  |
|  |  |  | 3 Jahre | 5 Jahre |
|  |  |  | Portfolio | Portfolio |
| Maximaler Drawdown, in % |  |  | -32.14 | -32.14 |
# Asset breakdown by MSCI country
## In % of total economic exposure
Benchmark 

## Portfolio Benchmark	
Portfolio 
| United States | 66.58 | 66.71 |  |
| --- | --- | --- | --- |
| Japan | 6.25 | 6.27 |  |
| United Kingdom | 4.61 | 4.62 |  |
| France | 4.32 | 4.33 |  |
| Canada | 3.40 | 3.43 |  |
| Others | 14.85 | 14.65 |  |

Translation (ENDE, 2023-02-28):
# Vermögensstruktur nach MSCI-Ländern
## In % des Exposures
Benchmark 

## Portfolio Benchmark	
Portfolio 
| USA | 66.58 | 66.71 |  |
| --- | --- | --- | --- |
| Japan | 6.25 | 6.27 |  |
| Grossbritannien | 4.61 | 4.62 |  |
| Frankreich | 4.32 | 4.33 |  |
| Kanada | 3.40 | 3.43 |  |
| Rest | 14.85 | 14.65 |  |
# Asset breakdown by market capitalization
## In % of total economic exposure
Benchmark 

## Portfolio Benchmark	
Portfolio 

Translation (ENDE, 2023-02-28):
# Vermögensstruktur nach Marktkapitalisierung
## In % des Exposures
Benchmark 

## Portfolio Benchmark	
Portfolio 
| Informationstech- nologie | 21.59 | 21.64 | <5 Mia 5 Mia - 10 Mia | 0.22 2.66 | 0.21 2.67 |
| --- | --- | --- | --- | --- | --- |
| Finanzwerte Gesundheitswesen Zyklische Konsumgüter | 14.61 14.33 11.46 | 14.65 14.36 11.48 | 10 Mia - 20 Mia 20 Mia - 30 Mia 30 Mia - 50 Mia | 6.25 6.32 11.42 | 6.24 6.33 11.45 |
|  |  |  |  |  |  |  |  |
| Industrie | 10.66 | 10.70 | 50 Mia - 100 Mia | 15.00 | 15.04 |  |  |
# Asset breakdown - by instrument currency
## In % of total economic exposure
Benchmark 

## Portfolio Benchmark	
Portfolio 
| HKD | 23.37 | 23.51 |  |
| --- | --- | --- | --- |
| TWD | 14.68 | 14.71 |  |
| KRW | 12.51 | 12.54 |  |
| INR | 11.86 | 12.20 |  |
| USD | 6.90 | 6.22 |  |
| Others | 30.69 | 30.81 |  |

Translation (ENDE, 2021-09-30):
# Vermögensstruktur - nach Instrument-Währung
## in % des Exposures
Benchmark 

## Portfolio Benchmark	
Portfolio 
| HKD | 23.37 | 23.51 |  |
| --- | --- | --- | --- |
| TWD | 14.68 | 14.71 |  |
| KRW | 12.51 | 12.54 |  |
| INR | 11.86 | 12.20 |  |
| USD | 6.90 | 6.22 |  |
| Rest | 30.69 | 30.81 |  |
# Key risk figures
## Portfolio	Benchmark

## Modified duration	4.64	5.16

## Yield to Maturity / Yield to Worst	9.01% / 9.62%	8.03% / 8.24%

## Average maturity in years	7.75	8.07

## Linear weighted average credit rating	BB	BB

## Number of securities	205	459

Translation (ENDE, 2022-08-31):
# Risikokennzahlen
Portfolio	Benchmark
Modified Duration	4.64	5.16
Rendite auf Verfall / Yield-to-worst	9.01% / 9.62%	8.03% / 8.24%
WAL-to-worst in Jahren	7.75	8.07
Linear gewichtetes durchschnittliches Bonitätsrating		BB	BB Anzahl Titel	205		459
# Key risk figures
Portfolio	Benchmark
Portfolio	Benchmark
Modified duration	4.22	4.22
Yield to maturity	2.13%	2.25%
Yield to worst	2.13%	2.25%
Average maturity in years	4.43	4.48
Linear weighted average credit rating	AA-	A+
Number of securities	182	515

Translation (ENDE, 2023-02-28):
# Risikokennzahlen
Portfolio	Benchmark
Portfolio	Benchmark
Modified Duration	4.22	4.22
Yield to maturity	2.13%	2.25%
Yield to worst	2.13%	2.25%
WAL-to-worst in Jahren	4.43	4.48
Linear gewichtetes durchschnittliches Bonitätsrating	 AA-	A+ Anzahl Titel	182		515
# Duration and yield
### Fund

### Yield to maturity in % 
3)

### 8.65

### Yield to worst in % (gross)8.63

### Average remaining term to maturity in years5.98

### Modified duration in years4.77
*The shown yield to maturity is calculated as of 31.08.2022 and does not take into account costs, changes in the portfolio, market fluctuations and po- tential defaults. The yield to maturity is an indication only and is subject to change.
0-1	1-3	3-5	5-7  7-10 10-15 >15

Translation (ENDE, 2022-08-31):
# Laufzeit und Rendite
Fonds
Rendite auf Verfall in % 
3)	
8,65
Yield-to-worst in % (brutto)	8,63
Durchschnittliche Restlaufzeit in Jahren	5,98
Modified Duration in Jahren	4,77
| Fondsstatistik |  |
| --- | --- |
|  | 3 Jahre | 5 Jahre |
| Annualisierte Volatilität in % | 10,08 | 8,23 |
| Information Ratio | -0,14 | 0,09 |
| Tracking Error (Ex post) | 1,46 | 1,27 |
| Maximaler Verlust in %  5) | -13,83 | -13,83 |

*Die angegebene Rendite auf Verfall wurde per 31.08.2022 berechnet. Sie berücksichtigt keine Kosten, Portfolioänderungen, Marktschwankungen und potenziellen Ausfälle. Die Rendite auf Verfall dient nur als Anhaltspunkt und kann sich ändern.
0-1	1-3	3-5	5-7  7-10 10-15 >15
# Top 10 Issuers in %
### Position	as % of

### assets

### Foundation Building Materials Inc1.45

### Virtusa Corp1.16
| Fund statistics |  |
| --- | --- |
|  | 3 years | 5 years |
| Annualised volatility in % | 10.08 | 8.23 |
| Information ratio | -0.14 | 0.09 |
| Tracking Error (Ex post) | 1.46 | 1.27 |
| Maximum draw down in %  5) | -13.83 | -13.83 |

| USA | 70.22 |
| --- | --- |
| Luxembourg | 3.88 |
| United Kingdom | 3.62 |
| France | 3.37 |


### GEMS MENASA Cayman Ltd / GEMS Education Delaware LLC

### 1.15
- Maximum drawdown is the most negative cumulative return over a given time period.

Translation (ENDE, 2022-08-31):
# Top 10 der Emittenten in %
Position	in % d.
Vermög.
Foundation Building Materials Inc	1,45
Virtusa Corp	1,16
- Der maximale Verlust ist die tiefste kumulierteUSA	70,22Luxemburg	3,88GEMS MENASA Cayman Ltd / GEMS Education Delaware LLC1,15Rendite in einer bestimmten Periode.
# Duration and yield
Fund
Yield to maturity in % 
3)
5.65
Average remaining term to maturity in years6.05
Modified duration in years4.45

Translation (ENDE, 2022-02-28):
# Laufzeit und Rendite
Fonds
Rendite auf Verfall in % 
3)	
5,65
Durchschnittliche Restlaufzeit in Jahren	6,05
Modified Duration in Jahren	4,45
# Performance overview
## since 01.04.2016, in %

## Annualized risk, in %
|  | 1 month(s) | 3 month(s) | 1 year | 3 years | 5 years | ITD |  | 1 year | 3 years | 5 years | ITD |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio net | -2.08 | -0.97 | 2.30 | 1.77 | 4.30 | 5.12 |  | 11.78 | 13.50 | 12.02 | 11.32 |
| Benchmark | -2.08 | -0.84 | 2.10 | 1.39 | 4.45 | 5.29 |  | 11.60 | 13.31 | 11.86 | 11.18 |
| Relative net | 0.00 | -0.13 | 0.20 | 0.38 | -0.16 | -0.17 |  | 0.54 | 0.51 | 0.59 | 0.55 |
|  |  |  |  |  |  |  |  |  |  |  |  |
| Performance overview - yearly* since 01.04.2016, in % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | ITD |
| Portfolio net | 4.62 | 21.72 | -6.45 | 6.76 | -1.08 | 9.17 | -2.17 | 34.37 |
| Benchmark | 4.86 | 21.51 | -4.69 | 6.56 | -1.60 | 8.91 | -2.19 | 35.65 |
| Relative net | -0.24 | 0.22 | -1.76 | 0.20 | 0.52 | 0.26 | 0.02 | -1.28 |

Translation (ENDE, 2022-02-28):
# Performance-Übersicht
## Seit 01.04.2016, in %

## Annualisiertes Risiko, in %
|  | 1 Monat(e) | 3 Monat(e) | 1 Jahr | 3 Jahre | 5 Jahre | ITD |  | 1 Jahr | 3 Jahre | 5 Jahre | ITD |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio netto | -2.08 | -0.97 | 2.30 | 1.77 | 4.30 | 5.12 |  | 11.78 | 13.50 | 12.02 | 11.32 |
| Benchmark | -2.08 | -0.84 | 2.10 | 1.39 | 4.45 | 5.29 |  | 11.60 | 13.31 | 11.86 | 11.18 |
| Relativ netto | 0.00 | -0.13 | 0.20 | 0.38 | -0.16 | -0.17 |  | 0.54 | 0.51 | 0.59 | 0.55 |
|  |  |  |  |  |  |  |  |  |  |  |  |
| Performance-Übersicht – jährlich* Seit 01.04.2016, in % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | ITD |
| Portfolio netto | 4.62 | 21.72 | -6.45 | 6.76 | -1.08 | 9.17 | -2.17 | 34.37 |
| Benchmark | 4.86 | 21.51 | -4.69 | 6.56 | -1.60 | 8.91 | -2.19 | 35.65 |
| Relativ netto | -0.24 | 0.22 | -1.76 | 0.20 | 0.52 | 0.26 | 0.02 | -1.28 |
# Risk overview - ex post
## 3 years	5 years

## Number of securities	162	160

## Portfolio	Portfolio

## Beta	1.01	1.01

Translation (ENDE, 2022-02-28):
# Risikoübersicht – ex post
## 3 Jahre	5 Jahre

## Anzahl Titel	162	160

## Portfolio	Portfolio

## Beta	1.01	1.01
# Performance overview - yearly
## Last 10 years since 01.05.2010, in %
|  | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio net | 21.17 | 2.55 | -2.56 | 8.06 | 15.76 | -8.08 | 20.43 | 1.24 | 17.28 | -13.55 |
| Benchmark | 26.68 | 4.94 | -0.87 | 7.51 | 22.40 | -8.71 | 27.67 | 15.90 | 21.82 | -17.78 |
| Relative net | -5.51 | -2.39 | -1.69 | 0.55 | -6.64 | 0.63 | -7.24 | -14.66 | -4.54 | 4.23 |

Translation (ENDE, 2022-08-31):
# Performance-Übersicht – jährlich
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio netto	21.17 | 2.55 | -2.56 | 8.06 | 15.76 | -8.08 | 20.43 | 1.24 | 17.28 | -13.55 |
| Portfolio netto inkl. max.	15.40 | 2.55 | -2.56 | 8.06 | 15.76 | -8.08 | 20.43 | 1.24 | 17.28 | -13.55 |
| Benchmark	26.68 | 4.94 | -0.87 | 7.51 | 22.40 | -8.71 | 27.67 | 15.90 | 21.82 | -17.78 |
| Relativ netto	-5.51 | -2.39 | -1.69 | 0.55 | -6.64 | 0.63 | -7.24 | -14.66 | -4.54 | 4.23 |
| Die genannten Beträge verstehen sich nach Abzug des für den Anleger maximal anfallenden Ausgabeaufschlags in Höhe von 5% im ersten Anlagejahr. |


## Letzte 10 Jahre seit 01.05.2010, in %

## Ausgebeaufschlag
# Fund Statistics - ex post
## 1 year			3 years			5 years Portfolio  Benchmark	Relative	Portfolio  Benchmark	Relative	Portfolio  Benchmark	Relative

## Beta	0.66	0.78	0.78

## Information ratio	0.52	-0.81	-0.69

## Maximum drawdown, in %	-13.55	-20.51	-20.14	-21.05	-20.14	-21.05

Translation (ENDE, 2022-08-31):
# Fondsstatistik - ex post
## 1 Jahr		3 Jahre		5 Jahre Portfolio  Benchmark	Relativ	Portfolio  Benchmark		Relativ	Portfolio  Benchmark		Relativ

## Beta	0.66	0.78	0.78

## Information-Ratio	0.52	-0.81	-0.69

## Maximaler Drawdown, in %	-13.55	-20.51	-20.14	-21.05	-20.14	-21.05
# Performance overview
## since 01.05.2019, in %

## Annualized risk, in %
|  | 1 month(s) | 3 month(s) | 1 year | 3 years | 5 years | ITD |  | 1 year | 3 years | 5 years | ITD |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio net | -2.61 | -1.87 | -1.57 | n/a | n/a | 3.91 |  | 6.75 | n/a | n/a | 7.32 |
| Benchmark | -2.58 | -1.80 | -1.64 | n/a | n/a | 4.06 |  | 6.66 | n/a | n/a | 7.17 |
| Relative net | -0.02 | -0.07 | 0.06 | n/a | n/a | -0.15 |  | 0.18 | n/a | n/a | 0.32 |
|  |  |  |  |  |  |  |  |  |  |  |  |
| Performance overview - yearly since 01.05.2019, in % | 2019 | 2020 | 2021 | ITD |
| Portfolio net | 3.93 | 12.69 | -6.33 | 9.71 |
| Benchmark | 4.13 | 12.74 | -6.22 | 10.10 |
| Relative net | -0.20 | -0.05 | -0.11 | -0.39 |

Translation (ENDE, 2021-09-30):
# Performance-Übersicht
## Seit 01.05.2019, in %

## Annualisiertes Risiko, in %
|  | 1 Monat(e) | 3 Monat(e) | 1 Jahr | 3 Jahre | 5 Jahre | ITD |  | 1 Jahr | 3 Jahre | 5 Jahre | ITD |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio netto | -2.61 | -1.87 | -1.57 | n.a. | n.a. | 3.91 |  | 6.75 | n.a. | n.a. | 7.32 |
| Benchmark | -2.58 | -1.80 | -1.64 | n.a. | n.a. | 4.06 |  | 6.66 | n.a. | n.a. | 7.17 |
| Relativ netto | -0.02 | -0.07 | 0.06 | n.a. | n.a. | -0.15 |  | 0.18 | n.a. | n.a. | 0.32 |
|  |  |  |  |  |  |  |  |  |  |  |  |
| Performance-Übersicht – jährlich Seit 01.05.2019, in % | 2019 | 2020 | 2021 | ITD |
| Portfolio netto | 3.93 | 12.69 | -6.33 | 9.71 |
| Benchmark | 4.13 | 12.74 | -6.22 | 10.10 |
| Relativ netto | -0.20 | -0.05 | -0.11 | -0.39 |
# Risk overview - ex post
since 01.01.2017, in %
Annualized risk, in %
|  | 1 months | 3 months | 1 year | 3 years | 5 years | ITD |  |  | 1 year | 3 years | 5 years | ITD |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio net | -2.50 | 0.48 | -10.98 | 0.45 | 0.95 | 1.56 |  | Portfolio volatility | 12.06 | 11.82 | 9.91 | 9.03 |
| Benchmark | -2.46 | -0.41 | -11.15 | 0.14 | 0.89 | 1.62 |  | Benchmark volatility | 12.21 | 12.14 | 10.08 | 9.17 |
| Relative net | -0.04 | 0.89 | 0.17 | 0.31 | 0.06 | -0.06 |  | Tracking error | 1.73 | 1.27 | 1.06 | 1.00 |

Translation (ENDE, 2023-02-28):
# Risiko-Übersicht – ex post
## Seit 01.01.2017, in %

## Annualisiertes Risiko, in %
|  | 1 Monate | 3 Monate | 1 Jahr | 3 Jahre | 5 Jahre | ITD |  |  | 1 Jahr | 3 Jahre | 5 Jahre | ITD |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio netto | -2.50 | 0.48 | -10.98 | 0.45 | 0.95 | 1.56 |  | Portfoliovolatilität | 12.06 | 11.82 | 9.91 | 9.03 |
| Benchmark | -2.46 | -0.41 | -11.15 | 0.14 | 0.89 | 1.62 |  | Benchmarkvolatilität | 12.21 | 12.14 | 10.08 | 9.17 |
| Relativ netto | -0.04 | 0.89 | 0.17 | 0.31 | 0.06 | -0.06 |  | Tracking Error | 1.73 | 1.27 | 1.06 | 1.00 |
# Risk overview - ex post
## since 01.01.2016, in %

## Annualized risk, in %

## 1 months 3 months	1 year	3 years	5 years	ITD

## Portfolio net	5.51	-0.12	3.76	4.06	5.34	4.29

## 1 year	3 years	5 years	ITD

## Portfolio volatility	10.86	11.10	12.72	10.86

Translation (ENDE, 2023-11-30):
# Risikoübersicht – ex post
## Seit 01.01.2016, in %

## Annualisiertes Risiko, in %

## 1 Monate 3 Monate	1 Jahr	3 Jahre	5 Jahre	ITD

## Portfolio netto	5.51	-0.12	3.76	4.06	5.34	4.29

## 1 Jahr	3 Jahre	5 Jahre	ITD

## Portfoliovolatilität	10.86	11.10	12.72	10.86
# Performance overview - yearly rolling
| 12-2016 - | 12-2017 - | 12-2018 - | 12-2019 - | 12-2020 - | 12-2021 - | 12-2022 - |
| --- | --- | --- | --- | --- | --- | --- |
| 11-2017 | 11-2018 | 11-2019 | 11-2020 | 11-2021 | 11-2022 | 11-2023 |
| Portfolio net	9.78 | -4.44 | 11.43 | 3.30 | 17.62 | -7.67 | 3.76 |
| Portfolio net incl. max sales	6.58 | -4.44 | 11.43 | 3.30 | 17.62 | -7.67 | 3.76 |


## since 01.12.2016, in %

## and redemption charges

## Figures shown include the deduction of the maximum sales charge of 3% in the first year of investment and maximum redemption charge of 0% in the last year of investment.

## Asset breakdown

## By asset class in % of total economic exposure

## Asset breakdown (after currency hedging)
75.35
57.79
14.47
14.62
73.30
10.72
18.36
14.33

## By instrument currency in % of total economic exposure

## Asset breakdown

## By type in % of bond economic exposure

## Asset breakdown

## By duration in % of bond economic exposure
33.55
42.76
Cash and Cash Equivalents: 0.99 Fixed Income: 18.36
Equities: 73.30
Hedge Funds / Insurance Linked Securities : 2.35
EUR: 42.76	CAD: 2.13
USD: 33.55	CHF: 1.78
Straight bonds: 75.35 Emerging Market bonds: 14.47 Convertibles: 5.39
<1 year: 5.80
1-3 years: 14.33
3-5 years: 57.79
5-7 years: 14.62
Commodities: 2.34
Real Estate: 2.67
JPY: 4.15
GBP: 3.14
AUD: 1.76
Others: 10.72
High Yield bonds: 4.79
7-10 years: 7.21
>10 years: 0.25

Translation (ENDE, 2023-11-30):
# Renditeübersicht – jährlich rollend
## Seit 01.12.2016, in %
|  | 12-2016 - | 12-2017 - | 12-2018 - | 12-2019 - | 12-2020 - | 12-2021 - | 12-2022 - |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 11-2017 | 11-2018 | 11-2019 | 11-2020 | 11-2021 | 11-2022 | 11-2023 |
| Portfolio netto | 9.78 | -4.44 | 11.43 | 3.30 | 17.62 | -7.67 | 3.76 |
| Portfolio netto inkl. max. Ausgabe- und | 6.58 | -4.44 | 11.43 | 3.30 | 17.62 | -7.67 | 3.76 |
| Rücknahmeaufschlag |  |  |  |  |  |  |  |

Die genannten Beträge verstehen sich nach Abzug des für den Anleger maximal anfallenden Ausgabeaufschlags in Höhe von 3% im ersten Anlagejahr und des maximal anfallenden Rücknahmeaufschlags in Höhe von 0% im letzten Anlagejahr.

## Vermögensstruktur

## Nach Anlageklasse in % des ökonomischen Exposures

## Vermögensstruktur (nach Währungsabsicherung)
75.35
33.55
57.79
14.47
14.62
73.30
10.72
18.36
14.33

## Nach Instrument-währung in % des ökonomischen Exposures

## Vermögensstruktur

## Nach Typ in % des ökonomischen Obligationenexposure

## Vermögensstruktur

## Nach Duration in % des ökonomischen Obligationenexposure
42.76
Liquide Anlagen: 0.99
Obligationen: 18.36
Aktien: 73.30
Hedge Funds: 2.35
Rohstoffe: 2.34
Immobilienanlagen: 2.67
EUR: 42.76	CAD: 2.13
USD: 33.55	CHF: 1.78
JPY: 4.15	AUD: 1.76
Klassische Obligationen: 75.35
Entwicklungsländer: 14.47
Wandelanleihen: 5.39
High Yield Obligationen: 4.79
<1 Jahr: 5.80
1-3 Jahre: 14.33
3-5 Jahre: 57.79
5-7 Jahre: 14.62
7-10 Jahre: 7.21
>10 Jahre: 0.25
GBP: 3.14	Rest: 10.72
# Comments on positioning
We expect bonds to rally further in the year ahead, and fixed income remains our preferred asset class. We also expect that lower bond yields will be supportive of stocks, provided that they do not coincide with a particularly sharp slowdown in economic growth. For now, we confirm our neutral stance on equities overall, with US equities upgraded to most preferred, while UK equities are the least preferred among our regional preferences. Concurrent with this move, we are upgrading the information technology sector from neutral to most preferred since we continue to prefer quality over cyclicals.

Translation (ENDE, 2023-11-30):
# Kommentar zur Positionierung
Wir gehen davon aus, dass sich die Erholung bei Anleihen im kommenden Jahr fortsetzen wird; festverzinsliche Anlagen bleiben unsere bevorzugte Anlageklasse. Zudem dürften niedrigere Anleiherenditen den Aktien zugutekommen, sofern sie nicht mit einer besonders starken Verlangsamung des Wirtschaftswachstums zusammenfallen. Wir bleiben vorerst bei unserer neutralen Haltung gegenüber Aktien im Allgemeinen, wobei wir die USA zu unserer am meisten bevorzugten Region heraufstufen und das Vereinigte Königreich zu unserer am wenigsten bevorzugten Region herabstufen. Parallel dazu stufen wir den Sektor Informationstechnologie von neutral auf am meisten bevorzugt hoch, da wir weiterhin eher auf Qualität als auf zyklische Sektoren setzen.
# Asset breakdown by ESG controversy flag
## In % of fund total economic exposure to investee companies. Source: MSCI

## in %	
Portfolio 

Translation (ENDE, 2023-11-30):
# Vermögensstruktur nach Warnungen zu ESG- Kontroversen
## In Prozent des wirtschaftlichen Gesamtexposure des Fonds gegenüber

## Beteiligungsunternehmen. Quelle: MSCI