OVHaiLLM/Flipper huggingface dataset:
# Telefax: +49 221 97356 http://www.sozialbank.de
A universal bank, Bank für Sozialwirtschaft AG focuses on business with organisations active in the health, education and social (welfare for senior citizens, disabled people, children and young people) sectors. Our client group includes care facilities, hospitals, medical care facilities, health insurers, social security agencies, care homes for people with disabilities, day care facilities for children and young people and independent schools.
Investment Management Company
Custodian / Depository

Translation (ENDE, 2022-02-28):
# Telefax: +49 221 97356 http://www.sozialbank.de
Die Bank für Sozialwirtschaft AG konzentriert sich als Universalbank auf das Geschäft mit Organisationen, die in den Branchen Soziales (Senioren-, Behinderten-, Kinder- und Jugendhilfe), Gesundheit und Bildung tätig sind. Zu unseren Kundengruppen zählen unter anderem Pflegeeinrichtungen, Krankenhäuser, Medizinische Versorgungszentren, Krankenkassen, Sozialversicherungsträger, Wohnheime für Menschen mit Behinderung, Tageseinrichtungen für Kinder und Jugendliche sowie Schulen in freier Trägerschaft.
Kapitalverwaltungsgesellschaft
Verwahrstelle / Depotbank
| Top 10 Investment Units |  |
| --- | --- |
| BlueBay Fds-Inv.Gr.Euro Gov.Bd Namens-Ant. I-EUR(AIDiv) o.N. | 9.66% |
| Nordea 1-Gl Listed Infrastr.Fd Act. Nom. AI EUR Dis. oN | 7.43% |
| Bluebay Fds-Bl.Gl.Inv.Gr.Co.Bd Namens-Ant.I-EUR (AIDiv) o.N. | 5.73% |
| LGT-LGT Sust.Bd Gl Infl.Linked Nam.-An. I1 o.N. | 5.07% |
| Man VI-Man GLG Alpha Sel.Alt. Regist.Acc.Shares IN H EUR oN | 4.88% |
| Schroder ISF-EURO Credit Conv. Namensanteile C Dis EUR QV oN. | 4.75% |
| Partners Grp L.I.-List.Pr.Equ. Nam.-An. EUR (I-Acc.) o.N. | 4.44% |
| GAM Star Global Rates Reg. Shs Z II EUR Acc. oN | 3.36% |
| ODDO BHF - Euro High Yield Bd Namens-Anteile DI EUR o.N. | 2.97% |
| Vontobel Fund-Clean Technology Act. Nom. G EUR Acc. oN | 2.94% |
|  | 51.24% |

Translation (ENDE, 2022-08-31):
| Top-10-Investmentanteile |  |
| --- | --- |
| BlueBay Fds-Inv.Gr.Euro Gov.Bd Namens-Ant. I-EUR(AIDiv) o.N. | 9,66% |
| Nordea 1-Gl Listed Infrastr.Fd Act. Nom. AI EUR Dis. oN | 7,43% |
| Bluebay Fds-Bl.Gl.Inv.Gr.Co.Bd Namens-Ant.I-EUR (AIDiv) o.N. | 5,73% |
| LGT-LGT Sust.Bd Gl Infl.Linked Nam.-An. I1 o.N. | 5,07% |
| Man VI-Man GLG Alpha Sel.Alt. Regist.Acc.Shares IN H EUR oN | 4,88% |
| Schroder ISF-EURO Credit Conv. Namensanteile C Dis EUR QV oN. | 4,75% |
| Partners Grp L.I.-List.Pr.Equ. Nam.-An. EUR (I-Acc.) o.N. | 4,44% |
| GAM Star Global Rates Reg. Shs Z II EUR Acc. oN | 3,36% |
| ODDO BHF - Euro High Yield Bd Namens-Anteile DI EUR o.N. | 2,97% |
| Vontobel Fund-Clean Technology Act. Nom. G EUR Acc. oN | 2,94% |
|  | 51,24% |
|  | Morningstar: 31/01/2022 |  |
| --- | --- | --- |
| Top 10 Equities |  |  | Fixed Income - Top 10 |  |
| Kabel Deutschland Holding AG Inhaber-Aktien o.N. | 6.17% |  | Tele Columbus AG Notes v.2018(2021/2025) RegS | 7.87% |
| OSRAM Licht AG Namens-Aktien o.N. | 3.90% |  | Spotify USA Inc. DL-Zero Exch. Notes 2021(26) | 6.26% |
| Rocket Internet SE Inhaber-Aktien o.N. | 2.99% |  | Matterhorn Telecom S.A. EO-Notes 2017(17/27) Reg.S | 6.11% |
| Schaltbau Holding AG Namens-Aktien o.N. | 2.79% |  | MTU Aero Engines AG Wandelschuldv.v.19(25/27) | 5.00% |
| zooplus SE Inhaber-Aktien o.N. | 2.78% |  | Rolls-Royce PLC EO-Med.-T.Nts 2020(20/26)Reg.S | 4.46% |
| Tele Columbus AG Namens-Aktien o.N. | 1.91% |  | Corporación Económica Delta SA EO-Exchangeable Bonds 2016(23) | 4.27% |
| RHÖN-KLINIKUM AG Inhaber-Aktien o.N. | 1.57% |  | Just Eat Takeaway.com N.V. EO-Zero Conv.Bds 2021(25) Tr.A | 3.02% |
| Aareal Bank AG Inhaber-Aktien o.N. | 1.13% |  | Deutsche Pfandbriefbank AG FLR-Med.Ter.Nts.v.18(23/unb.) | 2.86% |
| Activision Blizzard Inc. Registered Shares DL-,000001 | 1.10% |  | MorphoSys AG Wandelanleihe v.20(25) | 2.57% |
| Berkshire Hathaway Inc. Reg.Shares B New DL -,00333 | 0.28% |  | Twitter Inc. DL-Exch. Notes 2021(26) 144A | 2.45% |
|  | 24.63% |  |  | 44.88% |

Translation (ENDE, 2022-02-28):
|  | Morningstar: 31.01.2022 |  |
| --- | --- | --- |
| Top-10-Aktien |  |  | Top-10-Renten |  |
| Kabel Deutschland Holding AG Inhaber-Aktien o.N. | 6,17% |  | Tele Columbus AG Notes v.2018(2021/2025) RegS | 7,87% |
| OSRAM Licht AG Namens-Aktien o.N. | 3,90% |  | Spotify USA Inc. DL-Zero Exch. Notes 2021(26) | 6,26% |
| Rocket Internet SE Inhaber-Aktien o.N. | 2,99% |  | Matterhorn Telecom S.A. EO-Notes 2017(17/27) Reg.S | 6,11% |
| Schaltbau Holding AG Namens-Aktien o.N. | 2,79% |  | MTU Aero Engines AG Wandelschuldv.v.19(25/27) | 5,00% |
| zooplus SE Inhaber-Aktien o.N. | 2,78% |  | Rolls-Royce PLC EO-Med.-T.Nts 2020(20/26)Reg.S | 4,46% |
| Tele Columbus AG Namens-Aktien o.N. | 1,91% |  | Corporación Económica Delta SA EO-Exchangeable Bonds 2016(23) | 4,27% |
| RHÖN-KLINIKUM AG Inhaber-Aktien o.N. | 1,57% |  | Just Eat Takeaway.com N.V. EO-Zero Conv.Bds 2021(25) Tr.A | 3,02% |
| Aareal Bank AG Inhaber-Aktien o.N. | 1,13% |  | Deutsche Pfandbriefbank AG FLR-Med.Ter.Nts.v.18(23/unb.) | 2,86% |
| Activision Blizzard Inc. Registered Shares DL-,000001 | 1,10% |  | MorphoSys AG Wandelanleihe v.20(25) | 2,57% |
| Berkshire Hathaway Inc. Reg.Shares B New DL -,00333 | 0,28% |  | Twitter Inc. DL-Exch. Notes 2021(26) 144A | 2,45% |
|  | 24,63% |  |  | 44,88% |
| Fund Partner |  |  | About the Fund Partner |  |
| --- | --- | --- | --- | --- |
| BN & Partners Capital AG Untermainkai 20 |  |  |  |  |
| 60329 Frankfurt am Main |  |  |  |  |
| Phone: +49 69 2475127-60 |  |  |  |  |
| Telefax: +49 69 2475127-66 |  |  |  |  |
| http://www.bnpartner.com |  |  |  |  |

Translation (ENDE, 2022-02-28):
| Fondspartner |  |  | Über den Fondspartner |  |
| --- | --- | --- | --- | --- |
| BN & Partners Capital AG Untermainkai 20 |  |  |  |  |
| 60329 Frankfurt am Main |  |  |  |  |
| Telefon: +49 69 2475127-60 |  |  |  |  |
| Telefax: +49 69 2475127-66 |  |  |  |  |
| http://www.bnpartner.com |  |  |  |  |
p.a.
F = Fund
6.0%	10.4%
Portrait
ISIN / WKN	LU1878855581 / A2N6AL
Fund Domicile	Luxembourg
Legal Form	UCITS/OGAW
Fund category (BVI)	Equity funds, renewable energy Incep. Date Fund / Share Class		11/12/2018 / 11/12/2018
Currency Fund / Share Class	EUR / EUR
Fund Volume / Share Class	113,034,530.06 EUR / 23,254,819.99 EUR Net Asset Value		144.31 EUR
Issue / Redemption Price	151.53 EUR / 144.31 EUR Aggr. Dividend-Equivalent Earnings		0.00 EUR
End of Financial Year	31/12/2022
Utilization of Income	accumulating

Translation (ENDE, 2022-08-31):
p.a.
F = Fonds
6,0%	10,4%
Porträt
ISIN / WKN	LU1878855581 / A2N6AL
Fondsdomizil	Luxemburg
Rechtsform	OGAW
Fondskategorie nach BVI	Aktienfonds erneuerbare Energien Aufl.datum Fonds / Anteilklasse		11.12.2018 / 11.12.2018
Währung Fonds / Anteilklasse	EUR / EUR
Fondsvolumen / Anteilklasse	113.034.530,06 EUR / 23.254.819,99 EUR Anteilwert		144,31 EUR
Ausgabe- / Rücknahmepreis	151,53 EUR / 144,31 EUR
Akkum. ausschüttungsgleicher Ertrag	0,00 EUR
Geschäftsjahresende31.12.2022
Ertragsverwendung	thesaurierend
| Equities by Industry Sectors |  | Top 10 Equities |  |
| --- | --- | --- | --- |
|  |  | Apple Inc. Registered Shares o.N. | 1.22% |
|  |  | Berkshire Hathaway Inc. Reg.Shares B New DL -,00333 | 1.13% |
|  |  | VISA Inc. Reg. Shares Class A DL -,0001 | 0.90% |
|  |  | AbbVie Inc. Registered Shares DL -,01 | 0.86% |
|  |  | Procter & Gamble Co., The Registered Shares o.N. | 0.76% |
|  |  | Microsoft Corp. Registered Shares DL-,00000625 | 0.75% |
|  |  | Bank of America Corp. Registered Shares DL 0,01 | 0.70% |
|  |  | Simon Property Group Inc. Reg. Paired Shares DL-,0001 | 0.69% |
|  |  | United Parcel Service Inc. Reg. Shares Class B DL -,01 | 0.68% |
|  |  | Kraft Heinz Co., The Registered Shares DL -,01 | 0.63% |
|  |  |  | 8.33% |

Translation (ENDE, 2022-02-28):
| Aktien Branchenstruktur nach MSCI-Sektoren |  | Top-10-Aktien |  |
| --- | --- | --- | --- |
|  |  | Apple Inc. Registered Shares o.N. | 1,22% |
|  |  | Berkshire Hathaway Inc. Reg.Shares B New DL -,00333 | 1,13% |
|  |  | VISA Inc. Reg. Shares Class A DL -,0001 | 0,90% |
|  |  | AbbVie Inc. Registered Shares DL -,01 | 0,86% |
|  |  | Procter & Gamble Co., The Registered Shares o.N. | 0,76% |
|  |  | Microsoft Corp. Registered Shares DL-,00000625 | 0,75% |
|  |  | Bank of America Corp. Registered Shares DL 0,01 | 0,70% |
|  |  | Simon Property Group Inc. Reg. Paired Shares DL-,0001 | 0,69% |
|  |  | United Parcel Service Inc. Reg. Shares Class B DL -,01 | 0,68% |
|  |  | Kraft Heinz Co., The Registered Shares DL -,01 | 0,63% |
|  |  |  | 8,33% |
|  |  |
| --- | --- |
| Top 10 Investment Units |  |
| iShsIV-MSCI USA ESG.Enh.U.ETF Reg. Shares USD Acc. o.N. | 8.26% |
| UBS(Irl)ETF-S&P 500 ESG UC.ETF Reg.Shs A Acc. EUR Hedged o.N. | 8.06% |
| M.U.L.-Lyxor Nasdaq-100 UC.ETF Nam.-Ant. Acc. oN | 6.67% |
| iShs IV-iShs MSCI EMIMI ES ETF Reg. Shares USD Dis. o.N. | 5.06% |
| Xtr.(IE)-MSCI World ESG Registered Shares 1C o.N. | 3.90% |
| InvescoMI US Real Est ETF Registered Shares Acc o.N. | 3.09% |
| AIS-Amundi MSCI EM ASIA Namens-Anteile C Cap.EUR o.N. | 2.87% |
| DWS Inv.-ESG Eur.Small/Mid Cap Act. au Port. TFC EUR Acc. oN | 2.66% |
| iShsIV-MSCI J.SRIEURH.U.ETF(A) Registered Shares EUR o.N. | 1.70% |
| iShsIV-MSCI EUR.ESG.Enh.U.ETF Reg. Shares EUR Acc. o.N. | 1.26% |
|  | 43.53% |

Translation (ENDE, 2022-02-28):
|  |  |
| --- | --- |
| Top-10-Investmentanteile |  |
| iShsIV-MSCI USA ESG.Enh.U.ETF Reg. Shares USD Acc. o.N. | 8,26% |
| UBS(Irl)ETF-S&P 500 ESG UC.ETF Reg.Shs A Acc. EUR Hedged o.N. | 8,06% |
| M.U.L.-Lyxor Nasdaq-100 UC.ETF Nam.-Ant. Acc. oN | 6,67% |
| iShs IV-iShs MSCI EMIMI ES ETF Reg. Shares USD Dis. o.N. | 5,06% |
| Xtr.(IE)-MSCI World ESG Registered Shares 1C o.N. | 3,90% |
| InvescoMI US Real Est ETF Registered Shares Acc o.N. | 3,09% |
| AIS-Amundi MSCI EM ASIA Namens-Anteile C Cap.EUR o.N. | 2,87% |
| DWS Inv.-ESG Eur.Small/Mid Cap Act. au Port. TFC EUR Acc. oN | 2,66% |
| iShsIV-MSCI J.SRIEURH.U.ETF(A) Registered Shares EUR o.N. | 1,70% |
| iShsIV-MSCI EUR.ESG.Enh.U.ETF Reg. Shares EUR Acc. o.N. | 1,26% |
|  | 43,53% |
Permissible assets are acquired after assessment of the economic and capital market situation as well as future stock market prospects. Bond investments shall form the basis of this asset management concept. Equity-oriented investment forms shall be used to improve performance and are limited to 30% of Fund assets.
Performance
Performance Ratios
Notes on the impact of fees, commissions and other charges on the performance, please refer to the disclaimer.
Performance	7.45%
Performance p. a.	2.42%
Volatility	4.91%
Sharpe Ratio	0.58
Maximum Drawdown	10.97%
Maximum Drawdown Duration	0
Recovery Period Duration	5
Calmar Ratio	0.26
VaR (99 % / 10 days)	3.39%
Performance figures are based on 3 year period.
Risk-Return-Chart
Monthly Performance (in %)

Translation (ENDE, 2020-11-30):
Der Erwerb der zugelassenen Vermögensgegenstände erfolgt nach Einschätzung der Wirtschafts- und Kapitalmarktlage sowie der weiteren Börsenaussichten. In diesem Asset Management-Konzept sollen Rentenanlagen die Basis bilden. Aktienorientierte Anlageformen sollen zur Performanceverbesserung eingesetzt werden; diese sind auf 30% des Fondsvermögens begrenzt.
Wertentwicklung
Performance-Kennzahlen
Hinweise zur Auswirkung von Gebühren, Provisionen und anderen Entgelten auf die Wertentwicklung entnehmen Sie bitte dem Disclaimer.
Performance	7,45%
Performance p. a.	2,42%
Volatilität	4,91%
Sharpe Ratio	0,58
Maximaler Verlust	10,97%
Maximale Verlustdauer (Monate)	0
Recovery Period (Monate)	5
Calmar Ratio	0,26
VaR (99 % / 10 Tage)	3,39%
Kennzahlen beziehen sich auf einen Zeitraum von 3 Jahren.
Risk-Return-Diagramm
Monatliche Wertentwicklung (in %)
| Equities by Industry Sectors |  | Top 10 Equities |  |
| --- | --- | --- | --- |
|  |  | NARI Technology Co. Ltd. Registered Shares A YC 1 | 2.52% |
|  |  | China Shenhua Energy Co. Ltd. Registered Shares H YC 1 | 2.35% |
|  |  | Elang Mahkota Teknol. TBK, PT Registered Shares RP20 | 2.06% |
|  |  | China Yangtze Power Co. Ltd. Registered Shares A YC 1 | 1.99% |
|  |  | Reliance Industries Ltd. Reg.Eqy Shs(GDRs144A)/2 IR 10 | 1.93% |
|  |  | LONGi Green Energy Technol.Co. Registered Shares A YC 1 | 1.90% |
|  |  | Larsen and Toubro Ltd. Reg. Shares (GDRs)/1 IR 2 | 1.90% |
|  |  | JD.com Inc. R.Shs Cl.A(Sp.ADRs)/1DL-,00002 | 1.89% |
|  |  | GAIL (India) Ltd. Reg. Shares (GDRs)/6 IR 10 | 1.89% |
|  |  | Kureha Corp. Registered Shares o.N. | 1.87% |
|  |  |  | 20.30% |

Translation (ENDE, 2022-02-28):
| Aktien Branchenstruktur nach MSCI-Sektoren |  | Top-10-Aktien |  |
| --- | --- | --- | --- |
|  |  | NARI Technology Co. Ltd. Registered Shares A YC 1 | 2,52% |
|  |  | China Shenhua Energy Co. Ltd. Registered Shares H YC 1 | 2,35% |
|  |  | Elang Mahkota Teknol. TBK, PT Registered Shares RP20 | 2,06% |
|  |  | China Yangtze Power Co. Ltd. Registered Shares A YC 1 | 1,99% |
|  |  | Reliance Industries Ltd. Reg.Eqy Shs(GDRs144A)/2 IR 10 | 1,93% |
|  |  | LONGi Green Energy Technol.Co. Registered Shares A YC 1 | 1,90% |
|  |  | Larsen and Toubro Ltd. Reg. Shares (GDRs)/1 IR 2 | 1,90% |
|  |  | JD.com Inc. R.Shs Cl.A(Sp.ADRs)/1DL-,00002 | 1,89% |
|  |  | GAIL (India) Ltd. Reg. Shares (GDRs)/6 IR 10 | 1,89% |
|  |  | Kureha Corp. Registered Shares o.N. | 1,87% |
|  |  |  | 20,30% |
| Top 10 Investment Units |  |
| --- | --- |
| iSh. III-iSh. EUR Gov. Bd Cl. Reg. Shares EUR Dis. o.N. | 17.10% |
| Vang.Inv.S.-US Gov. Bd Index Reg Shs EUR hedged Acc oN | 16.92% |
| AIS-AM.IDX MSCI EUR.SRI PAB Act. Nom. ETF DR EUR Dis. oN | 5.86% |
| iShsIV-MSCI USA ESG.Enh.U.ETF Reg. Shs USD Dis. oN | 5.51% |
| SPDR Bloom.1-3M.T-Bi.U.ETF Registered Shares (Acc) o.N. | 5.25% |
| UBS(Lux)2- Low Dur.EUR Bd Sust Actions Nom. I-A2-acc. o.N. | 5.21% |
| Swisscanto(LU)MM-Res. CHF Nam.-Anteile DT o.N | 5.11% |
| UBS(L)FS-BB Jap.Treas.1-3 Y.Bd Act. Nom. A JPY Acc. oN | 5.01% |
| L&G ESG Ch CNY Bd ETF Reg. Shs EUR Dis. oN | 4.95% |
| AGIF-All.US Sho.Dur.Hi.Inc.Bd Inhaber-Anteile P2 (H2-EUR)o.N | 2.76% |
|  | 73.70% |

Translation (ENDE, 2022-08-31):
| Top-10-Investmentanteile |  |
| --- | --- |
| iSh. III-iSh. EUR Gov. Bd Cl. Reg. Shares EUR Dis. o.N. | 17,10% |
| Vang.Inv.S.-US Gov. Bd Index Reg Shs EUR hedged Acc oN | 16,92% |
| AIS-AM.IDX MSCI EUR.SRI PAB Act. Nom. ETF DR EUR Dis. oN | 5,86% |
| iShsIV-MSCI USA ESG.Enh.U.ETF Reg. Shs USD Dis. oN | 5,51% |
| SPDR Bloom.1-3M.T-Bi.U.ETF Registered Shares (Acc) o.N. | 5,25% |
| UBS(Lux)2- Low Dur.EUR Bd Sust Actions Nom. I-A2-acc. o.N. | 5,21% |
| Swisscanto(LU)MM-Res. CHF Nam.-Anteile DT o.N | 5,11% |
| UBS(L)FS-BB Jap.Treas.1-3 Y.Bd Act. Nom. A JPY Acc. oN | 5,01% |
| L&G ESG Ch CNY Bd ETF Reg. Shs EUR Dis. oN | 4,95% |
| AGIF-All.US Sho.Dur.Hi.Inc.Bd Inhaber-Anteile P2 (H2-EUR)o.N | 2,76% |
|  | 73,70% |
The investment policy of the alpha3 defensiv subfund is to achieve maximum continuous growth while assuming limited risks due to investments in riskier markets, market segments and topics. The Subfund operates in a diversified, worldwide investment universe. This includes inter alia the traditional markets such as money and capital markets (e.g. bond, equity and real estate markets), special topics (e.g. commodities, agricultural commodities and energy) and alternative investments (such as private equity funds). Investing in single and fund of fund hedge funds and in derivative instruments whose market value depends significantly on the performance of hedge funds or hedge fund indices is not permitted.
Performance
Performance Ratios
Notes on the impact of fees, commissions and other charges on the performance, please refer to the disclaimer.	Source: own calculations
Performance	1.56%
Performance p. a.	0.52%
Volatility	4.46%
Sharpe Ratio	0.24
Maximum Drawdown	12.31%
Maximum Drawdown Duration	1
Recovery Period Duration	9
Calmar Ratio	0.09
VaR (99 % / 10 days)	2.54%
Performance figures are based on 3 year period.
Risk-Return-Chart
Monthly Performance (in %)

Translation (ENDE, 2022-08-31):
Die Anlagepolitik des Teilfonds AURETAS strategy defensive (LUX) zielt auf die Erreichung eines möglichst kontinuierlichen Wertzuwachses ab unter Inkaufnahme begrenzter Risiken aus der Investition in risikoreichere Märkte, Marktsegmente und Themen. Der Teilfonds bedient sich dabei eines breit gestreuten, weltweiten Anlageuniversums. Dieses umfasst u.a. die traditionellen Märkte wie z.B. Geld- und Kapitalmärkte (z.B. Renten-, Aktienmärkte). Die Investments werden primär über Investmentfondsanteile abgebildet. Darüber hinaus können Anlagen direkt in Wertpapiere, Zertifikate und Derivate erfolgen. Es sind sowohl Investitionen auf Einzeltitel, auf Titelkörbe als auch auf entsprechende Indices oder daraus abgeleitete Basiswerte möglich.
Wertentwicklung
Performance-Kennzahlen
Hinweise zur Auswirkung von Gebühren, Provisionen und anderen Entgelten auf die Wertentwicklung entnehmen Sie bitte dem Disclaimer.  Quelle: eigene Berechnungen
Performance	1,56%
Performance p. a.	0,52%
Volatilität	4,46%
Sharpe Ratio	0,24
Maximaler Verlust	12,31%
Maximale Verlustdauer (Monate)	1
Recovery Period (Monate)	9
Calmar Ratio	0,09
VaR (99 % / 10 Tage)	2,54%
Kennzahlen beziehen sich auf einen Zeitraum von 3 Jahren.
Risk-Return-Diagramm
Monatliche Wertentwicklung (in %)
The investment fund is designed as an actively managed mixed fund and follows the principles of classic asset management for investors with a long-term orientation. In accordance with the principle of risk diversification, discretionary investments are to be made worldwide in the two main asset classes, equities and bonds. Restriction to a specific region or a specific sector is in principle hereby not envisaged. As part of the diversification and in due consideration of an attractive risk-return profile, other asset classes such as precious metals (e.g. gold in the form of funds) and market-neutral strategies can also be taken into account by investing in corresponding absolute return funds. Depending on the market situation and risk appraisal, the weighting of individual positions, in particular of the equity and bond quota, shall be adjusted. A risk-reducing hedging strategy can be used in certain market phases. This is intended to reduce potential losses from, for example, equity investments in rapidly declining markets.
Performance
Performance Ratios
Notes on the impact of fees, commissions and other charges on the performance, please refer to the disclaimer.	Source: own calculations
Performance	1.21%
Performance p. a.	0.40%
Volatility	7.16%
Sharpe Ratio	0.13
Maximum Drawdown	17.25%
Maximum Drawdown Duration	1
Recovery Period Duration	9
Calmar Ratio	0.05
VaR (99 % / 10 days)	2.86%
Performance figures are based on 3 year period.
Risk-Return-Chart
Monthly Performance (in %)

Translation (ENDE, 2022-08-31):
Das Sondervermögen ist als aktiv verwalteter Mischfonds konzipiert und folgt den Grundsätzen einer klassischen Vermögensverwaltung für längerfristig orientierte Investoren. Nach dem Grundsatz der Risikostreuung soll weltweit in die beiden Hauptanlageklassen Aktien und Renten diskretionär investiert werden. Eine Beschränkung auf eine bestimmte Region oder einen bestimmten Sektor ist hierbei grundsätzlich nicht vorgesehen. Im Rahmen der Diversifikation und unter Berücksichtigung eines attraktiven Risiko-Renditeprofils können auch weitere Anlageklassen wie Edelmetalle (bspw. Gold in Form von Fonds) und marktneutrale Strategien durch Investitionen in entsprechende Absolute-Return-Fonds berücksichtigt werden. Je nach Marktlage und Risikoeinschätzung wird die Gewichtung der einzelnen Positionen insbesondere der Aktien- und Rentenquote angepasst. Eine risikoreduzierende Absicherungsstrategie kann in gewissen Marktphasen zum Einsatz kommen. Diese soll in stark fallenden Märkten potentielle Verluste aus bspw. Aktieninvestments reduzieren.
Wertentwicklung
Performance-Kennzahlen
Hinweise zur Auswirkung von Gebühren, Provisionen und anderen Entgelten auf die Wertentwicklung entnehmen Sie bitte dem Disclaimer. Quelle: eigene Berechnungen
Performance	1,21%
Performance p. a.	0,40%
Volatilität	7,16%
Sharpe Ratio	0,13
Maximaler Verlust	17,25%
Maximale Verlustdauer (Monate)	1
Recovery Period (Monate)	9
Calmar Ratio	0,05
VaR (99 % / 10 Tage)	2,86%
Kennzahlen beziehen sich auf einen Zeitraum von 3 Jahren.
Risk-Return-Diagramm
Monatliche Wertentwicklung (in %)
# Risk-return profile
(in %, since Inception)
7
6
Return p.a.
5
4
3
2
1
0
none
10	15	20
Volatility p.a.
- Fund (gross)	
- 
- BenchmarkShares				 Top 10 Country allocation	(in % of share capital)	Sector allocation	(in % of share capital)

|  | 28.33	Sweden |
| --- | --- |
|  | 27.52	United Kingdom |
| 13.27	Germany |
| 6.68	Italy |
| 5.82	Finland |
| 5.26	Norway |
| 2.39	USA |
| 2.39	Switzerland |
| 1.87	Denmark |
| 1.62	France |

|  | 29.92	Information Technology |
| --- | --- |
|  | 29.33	Health Care |
|  | 22.16	Industrials |
| 3.13	Materials |
| 3.06	Consumer Staples |
| 2.88	Energy |
| 2.73	Financials |
| 2.43	Communication Services |
| 2.39	Consumer Discretionary |
| 1.37	Utilities |

Sources: Berenberg, Capital Management Company
As of: 31.10.2022

Translation (ENDE, 2022-10-31):
# Rendite-Risiko-Profil
(in %, seit Auflage)
7
6
Rendite p.a.
5
4
3
2
1
0
Mindestanlagevolumen
keine
10	15	20
Volatilität p.a
- Fonds (brutto)	
- 
- BenchmarkAktien				 Top 10 Länder-Allokation	(in % des Aktienvermögens)	Sektor-Allokation	(in % des Aktienvermögens)

|  | 28,33 | Schweden |
| --- | --- | --- |
|  | 27,52 | Großbritannien |
| 13,27 |  | Deutschland |
| 6,68 |  | Italien |
| 5,82 |  | Finnland |
| 5,26 |  | Norwegen |
| 2,39 |  | USA |
| 2,39 |  | Schweiz |
| 1,87 |  | Dänemark |
| 1,62 |  | Frankreich |

|  | 29,92 | Informationstechnologie |
| --- | --- | --- |
|  | 29,33 | Gesundheit / Pharma |
|  | 22,16 | Industrie |
| 3,13 |  | Roh-, Hilfs- & Betriebsstoffe |
| 3,06 |  | Basiskonsumgüter |
| 2,88 |  | Energie |
| 2,73 |  | Finanzwesen |
| 2,43 |  | Kommunikationsdienste |
| 2,39 |  | Nicht-Basiskonsumgüter |
| 1,37 |  | Versorgungsbetriebe |

Quellen: Berenberg, Kapitalverwaltungsgesellschaft
Stand: 31.10.2022
|  | 95.42	Germany |
| --- | --- |
| 1.72	Luxembourg |
| 1.71	United Kingdom |
| 1.14	Netherlands |

Translation (ENDE, 2022-10-14):
|  | 95,42	Deutschland |
| --- | --- |
| 1,72 | Luxemburg |
| 1,71 | Großbritannien |
| 1,14 | Niederlande |
## Opportunities
- Positive return potential and current income from coupon collection
- Attractive growth prospects in emerging markets
- Possible additional income through security analysis and active management

Translation (ENDE, 2022-07-29):
## Chancen
- Positive Kursentwicklung und laufende Erträge durch die Vereinnahmung von Kupons
- Attraktive Wachstumsperspektiven der Schwellenländer
- Mögliche Zusatzerträge durch Einzelwertanalyse und aktives Management
-10
-20
2019	2020	2021	2022	2023
- Fund (gross)	
- 
- Fund (net)12.18 -12.1812.18 -12.1912.19 -12.2012.20 -12.2112.21 -12.22

Translation (ENDE, 2022-12-30):
-10
-20
2019	2020	2021	2022	2023
- Fonds (brutto)	
- 
- Fonds (netto)12.18 -12.1812.18 -12.1912.19 -12.2012.20 -12.2112.21 -12.22
# F
p.a.
-2.6%	-0.9%
BM -4.9% -12.4% -5.3%	3.1%  -12.6% 12.0%  2.4%	5.0%
F = Fund, BM = Benchmark / Performance figures are based on 3 year period.
BM

Translation (ENDE, 2022-08-31):
# F
p.a.
-2,6%	-0,9%
BM -4,9% -12,4% -5,3%	3,1%  -12,6% 12,0%  2,4%	5,0%
F = Fonds, BM = Benchmark / Kennzahlen beziehen sich auf 3 Jahre.
BM