CN50.MI - Risk

Risk & Diversification Scores

Transparent evaluation of price volatility (SRI) and 4-dimensional portfolio diversification.

Volatility Risk Score

7/7 Very High

7 / 7 SRI PRIIPs Risk Class

Very high volatility or fundamental risks. Significant loss potential; strictly for aggressive investors.

Volatility (3Y)

40.0% p.a.

Fallback

Max Drawdown (3Y)

-33.8%

Fallback

Sharpe Ratio

0.91

Good (0.5 - 1.0)

Rec. Holding Period

10+ Years

Investment Horizon

Speculative / High Risk: Score Basis:

Diversification Score

Focused (35% – 50%)

48 / 100 Portfolio Diversification

4 Dimensions: Holdings (30%) • Sectors (25%) • Industries (25%) • Regions (20%)

Focused weighting: Top holdings drive a major share of fund returns.

Top 10 Holdings

48.2%

Focused

Effective Holdings

~33

of 48 holdings

Top Sector

55.4%

Technology

Top Region / Country

100.0%

China

Elevated concentration in top individual holdings, leading sectors, or key regions.

Multi-Horizon Risk & Performance Matrix

Historical volatility, drawdowns, and risk-adjusted return across 1, 3, 5, and 10 years.

Timeframe	Volatility (p.a.)	Max Drawdown	Sharpe Ratio	Return (p.a.)
1 Year	—	—	—	+3.6%
3 Years	40.0%	-33.8%	0.91	—
5 Years	—	—	—	—
10 Years	—	—	—	—

Notes & Warnings

⚠️ Elevated valuation: Avg P/E of 31.3

Solid fund volume

🔴 Low analyst coverage (3.4 analysts, higher growth estimate uncertainty)

⚠️ Elevated top 10 holdings concentration: 48% of fund in top 10 positions.

🔴 High single-country risk: 100% of portfolio in "China".

⚠️ Elevated emerging markets risk: 100% Emerging Markets.

🔴 Severe sector concentration risk: 55% in "Technology".

🔴 Growth estimates are hyper-concentrated: Top 3 growth drivers account for 85% of total forward growth.

ℹ️ Tech-Capex Exposure: 68% in semiconductors & hardware – dependent on hyperscaler capex cycles.