LEM.PA - 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)

17.4% p.a.

5-Year Horizon

Max Drawdown (5Y)

-23.1%

Deepest Drawdown

Sharpe Ratio

0.37

Moderate (0.0 - 0.5)

Rec. Holding Period

5 - 10+ Years

Investment Horizon

Elevated Risk / Growth: Score Basis:

Diversification Score

High Concentration (> 50%)

68 / 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

54.9%

Focused

Effective Holdings

~25

of 31 holdings

Top Sector

33.2%

Technology

Top Region / Country

70.4%

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	—	—	—	+29%
3 Years	17.6%	-19.3%	1.08	+21.5%
5 Years	17.4%	-23.1%	0.37	+8.9%
10 Years	18.6%	-31.8%	0.3	+8%

Notes & Warnings

🟢 Favorable / fair valuation: Avg P/E of 19.9

🟢 Deep market liquidity & capital coverage (Tier 1)

🟢 Established large fund (> 500M € AUM)

🟢 High institutional analyst coverage (32.3 analysts)

⚠️ Elevated top 10 holdings concentration: 55% of fund in top 10 positions.

⚠️ Sector concentration: 33% in "Technology".

⚠️ Growth estimates are concentrated: Top 3 growth drivers account for 49% of forward growth.

ℹ️ Tech-Capex Exposure: 34% in semiconductors & hardware – dependent on hyperscaler capex cycles.