IEMA.L - Risk

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)

19.4% p.a.

5-Year Horizon

Max Drawdown (5Y)

-33.5%

Deepest Drawdown

Sharpe Ratio

0.31

Moderate (0.0 - 0.5)

Rec. Holding Period

5 - 10+ Years

Investment Horizon

Elevated Risk / Growth: 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

41.3%

Focused

Effective Holdings

~57

of 772 holdings

Top Sector

40.8%

Technology

Top Region / Country

27.2%

Taiwan

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

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	—	—	—	+24.8%
3 Years	19.2%	-16.7%	1.14	+24.5%
5 Years	19.4%	-33.5%	0.31	+8.6%
10 Years	19.7%	-39.7%	0.3	+8.5%

🟢 Favorable / fair valuation: Avg P/E of 16.6

🟢 Established large fund (> 500M € AUM)

🟢 High institutional analyst coverage (21.4 analysts)

⚠️ Elevated emerging markets risk: 90% Emerging Markets.

⚠️ Sector concentration: 41% in "Technology".

ℹ️ Tech-Capex Exposure: 44% in semiconductors & hardware – dependent on hyperscaler capex cycles.

⚠️ Elevated Regulatory & Policy Risk: 37% in heavily regulated industries (defense, regulated utilities, healthcare policy).