# Asset allocation in %
4) After hedging on fund level
| Fund Statistics  1) |  | Cash/Cash Equivalents | Bonds | Equity | Alt. Inv. | Total |
| --- | --- | --- | --- | --- | --- | --- |
| 1 year	3 years |  | Others3.97 | - | - | - | 3.97 |
| Annualized volatility in %	11.79	- |  | Emerging Markets	- | 9.52 | 4.29 | - | 13.81 |
| Maximum draw down in %  3)	 -11.44	- |  | Global	- | 5.20 | - | 5.96 | 11.16 |
| 3) Maximum drawdown is the most negative |  | Euroland	- | 44.04 | 14.63 | 2.25 | 60.92 |
| cumulative return over a given time period. | UK	- | - | 0.91 | - | 0.91 |
|  | Canada	- | - | 0.58 | - | 0.58 |
|  | USA	- | - | 6.24 | - | 6.24 |
|  | Japan	- | - | 1.30 | - | 1.30 |
|  | Asia Pacific	- | - | 0.49 | - | 0.49 |
|  | Switzerland	- | - | 0.62 | - | 0.62 |
|  | Total3.97 | 58.76 | 29.06 | 8.21 | 100.00 |

| Top 10 holdings in % |  |
| --- | --- |
| Position | as % of assets |
| BlackRock Euro Bond Fund | 9.09 |
| Schroder EURO Corporate Bond Fund | 8.16 |
| Credit Suisse Corporate Short Duration Eur Bond Fund | 7.87 |
| Credit Suisse Commodity Allocation Fund | 5.96 |
| Fidelity European Dynamic Growth | 5.81 |
| Vanguard Gvt Bond Index | 5.40 |
| CSIF Bond Aggregate EUR | 5.02 |
| Vontobel EUR Corporate Bond Fund | 4.56 |
| Vontobel Emerging Market Bond Fund | 4.01 |
| Jupiter Global Fund - European Growth -I- | 3.21 |
| Total | 59.09 |

|  | Duration and Yield |  |
| --- | --- | --- |
| Modified duration in years | 5.57 |
| Allocation of bonds in % |  |
| Straight bonds | 74.95 |
| Emerging Market Bonds | 16.20 |
| High Yield Bonds | 5.00 |
| Inflation Linked Bonds | 1.99 |
| Convertibles | 1.86 |
|  | Total | 100.00 |

- Historical performance indications and financial market scenarios are not reliable indicators of current or future performance. The performance data does not take into account the commissions and costs incurred on the issue and redemption of fund units.

Translation (ENDE, 2020-08-31):
# Vermögensaufteilung in %
4) Nach Absicherung auf Fondsebene
| Fondsstatistik  1) |  |  |  | Liquidität | Anleihen | Aktien	Al | t. Anlagen | Total |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1 Jahr | 3 Jahre |  | Andere | 3,97 | - | - | - | 3,97 |

Annualisierte Volatilität in %	11,79	-
| Top-10-Positionen in % |  |
| --- | --- |
| Position | in % d. Vermög. |
| BlackRock Euro Bond Fund | 9,09 |
| Schroder EURO Corporate Bond Fund | 8,16 |
| Credit Suisse Corporate Short Duration Eur Bond Fund | 7,87 |
| Credit Suisse Commodity Allocation Fund | 5,96 |
| Fidelity European Dynamic Growth | 5,81 |
| Vanguard Gvt Bond Index | 5,40 |
| CSIF Bond Aggregate EUR | 5,02 |
| Vontobel EUR Corporate Bond Fund | 4,56 |
| Vontobel Emerging Market Bond Fund | 4,01 |
| Jupiter Global Fund - European Growth -I- | 3,21 |
| Total | 59,09 |

| Laufzeit und Rendite |  |
| --- | --- |
| Modified Duration in Jahren |  | 5,57 |
| Allokation Bonds in % |  |  |
| Festzinsanleihen |  | 74,95 |
| Emerging Market Anleihen |  | 16,20 |
| Hochverzinsliche Anleihen |  | 5,00 |
| Inflationsindexierte Anleihen |  | 1,99 |
| Wandelanleihen |  | 1,86 |
| Total |  | 100,00 |

Maximaler Verlust in % 
3)	
-11,44	-
Emerging Markets	-	9,52	4,29	-	13,81
Global	-	5,20	-	5,96	11,16
| 3) Der maximale Verlust ist die tiefste kumulierte Rendite in einer bestimmten Periode. |  | Euroland Grossbritannien | - - | 44,04 - | 14,63 0,91 | 2,25 - | 60,92 0,91 |
| --- | --- | --- | --- | --- | --- | --- | --- |
|  | Kanada | - | - | 0,58 | - | 0,58 |
| USA | - | - | 6,24 | - | 6,24 |
| Japan | - | - | 1,30 | - | 1,30 |
| Asia Pacific | - | - | 0,49 | - | 0,49 |
| Schweiz | - | - | 0,62 | - | 0,62 |
| Total | 3,97 | 58,76 | 29,06 | 8,21 | 100,00 |

- Historische Performanceangaben und Finanzmarktszenarien sind keine verlässlichen Indikatoren für aktuelle oder zukünftige Ergebnisse. Bei den Performanceangaben sind die bei Ausgabe und Rücknahme von Fondsanteilen erhobenen Gebühren und Kosten nicht berücksichtigt.