IUCM.L - 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 (5Y)

20.6% p.a.

5-Year Horizon

Max Drawdown (5Y)

-45.9%

Deepest Drawdown

Sharpe Ratio

0.35

Moderate (0.0 - 0.5)

Rec. Holding Period

10+ Years

Investment Horizon

Speculative / High Risk: Score Basis:

Diversification Score

High Concentration (> 50%)

21 / 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

89.1%

Focused

Effective Holdings

~12

of 24 holdings

Top Sector

100.0%

Communication Services

Top Region / Country

100.0%

United States

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	—	—	—	+4.1%
3 Years	17.6%	-18.8%	1.23	+24.1%
5 Years	20.6%	-45.9%	0.35	+9.8%
10 Years	20.5%	-47.3%	0.56	—

Notes & Warnings

🟢 Favorable / fair valuation: Avg P/E of 15.4

🟢 Deep market liquidity & capital coverage (Tier 1)

🟢 Established large fund (> 500M € AUM)

🟢 High institutional analyst coverage (32.2 analysts)

🔴 Extreme top 10 holdings concentration: 89% of fund in top 10 positions.

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

⚠️ Industry concentration: 44% in "Internet Content & Information".

⚠️ Growth estimates are concentrated: Top 3 growth drivers account for 57% of forward growth.

⚠️ Elevated Regulatory & Policy Risk: 67% in heavily regulated industries (defense, regulated utilities, healthcare policy).

⚠️ Historical Stress Test: Maximum peak-to-trough drawdown of -47.3% in the extended horizon.