EXH5.DE - Risk

Risk & Diversification Scores

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

Volatility Risk Score

5/7 Elevated

5 / 7 SRI PRIIPs Risk Class

Above-average volatility. Suitable for experienced investors with high risk tolerance (5+ years horizon).

Volatility (5Y)

16.6% p.a.

5-Year Horizon

Max Drawdown (5Y)

-21.2%

Deepest Drawdown

Sharpe Ratio

0.50

Good (0.5 - 1.0)

Rec. Holding Period

5 - 10+ Years

Investment Horizon

Elevated Risk / Growth: Score Basis:

Diversification Score

High Concentration (> 50%)

8 / 100 Portfolio Diversification

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

High concentration risk: A few heavyweights drive the majority of fund value.

Top 10 Holdings

75.1%

Focused

Effective Holdings

~17

of 29 holdings

Top Sector

100.0%

Financial Services

Top Region / Country

32.0%

Germany

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	—	—	—	+4.7%
3 Years	15.0%	-12.3%	0.96	+16.9%
5 Years	16.6%	-21.2%	0.5	+10.8%
10 Years	19.3%	-46.5%	0.28	+8%

Notes & Warnings

🟢 Favorable / fair valuation: Avg P/E of 13.0

🟢 Established large fund (> 500M € AUM)

🟡 Moderate analyst coverage (9.6 analysts)

🔴 Extreme top 10 holdings concentration: 75% of fund in top 10 positions.

🔴 Severe sector concentration risk: 100% in "Financial Services".

🔴 Extreme industry concentration: 69% in "Insurance - Diversified".

⚠️ Growth estimates are concentrated: Top 3 growth drivers account for 51% of forward growth.

⚠️ Elevated Interest Rate Sensitivity: 100% in rate-sensitive or leverage-heavy industries (real estate, banks, utilities).

⚠️ Elevated Regulatory & Policy Risk: 100% in heavily regulated industries (defense, regulated utilities, healthcare policy).

🟢 Strong Defensive Buffer: 97% in crisis-resilient, non-cyclical sectors (consumer staples, healthcare, utilities).