ISFA.AS - 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)

13.9% p.a.

5-Year Horizon

Max Drawdown (5Y)

-17.2%

Deepest Drawdown

Sharpe Ratio

0.39

Moderate (0.0 - 0.5)

Rec. Holding Period

5 - 10+ Years

Investment Horizon

Elevated Risk / Growth: Score Basis:

Diversification Score

Focused (35% – 50%)

68 / 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

47.7%

Focused

Effective Holdings

~39

of 102 holdings

Top Sector

27.8%

Financial Services

Top Region / Country

93.0%

United Kingdom

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	—	—	—	+11.8%
3 Years	12.6%	-17.2%	0.78	+12.3%
5 Years	13.9%	-17.2%	0.39	+8%
10 Years	16.3%	-41.3%	0.12	+4.4%

Notes & Warnings

🟢 Favorable / fair valuation: Avg P/E of 15.1

🟢 Established large fund (> 500M € AUM)

🟡 Moderate analyst coverage (15.3 analysts)

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

🔴 High single-country risk: 93% of portfolio in "United Kingdom".

⚠️ Elevated Commodity Sensitivity: 20% of fund depends directly on energy and raw material prices (oil, metals, basic materials).

⚠️ Elevated Economic Cyclicality: 57% in cyclical industries – more vulnerable to economic downturns.

⚠️ Elevated Interest Rate Sensitivity: 36% in rate-sensitive or leverage-heavy industries (real estate, banks, utilities).

⚠️ Elevated Regulatory & Policy Risk: 70% in heavily regulated industries (defense, regulated utilities, healthcare policy).