SDG9.L - Risk

Risk & Diversification Scores

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

Volatility Risk Score

6/7 High

6 / 7 SRI PRIIPs Risk Class

Very high volatility or fundamental risks. Significant loss potential; strictly for aggressive investors.

Volatility (5Y)

21.0% p.a.

5-Year Horizon

Max Drawdown (5Y)

-43.8%

Deepest Drawdown

Sharpe Ratio

-0.13

Negative (< 0.0)

Rec. Holding Period

10+ Years

Investment Horizon

Speculative / High Risk: Score Basis:

Diversification Score

Focused (35% – 50%)

69 / 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

45.4%

Focused

Effective Holdings

~42

of 108 holdings

Top Sector

46.8%

Industrials

Top Region / Country

27.3%

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.

Stable Long-Term Volatility

Timeframe	Volatility (p.a.)	Max Drawdown	Sharpe Ratio	Return (p.a.)
1 Year	—	—	—	+10.1%
3 Years	21.6%	-33.5%	0.35	+10.1%
5 Years	21.0%	-43.8%	-0.13	—
10 Years	—	—	—	—

Notes & Warnings

🟢 Favorable / fair valuation: Avg P/E of 19.4

⚠️ Fund closure risk (< 50M € AUM)

🟡 Moderate analyst coverage (14.4 analysts)

⚠️ Elevated top 10 holdings concentration: 45% of fund in top 10 positions.

⚠️ Elevated emerging markets risk: 37% Emerging Markets.

⚠️ Sector concentration: 47% in "Industrials".

⚠️ Elevated Interest Rate Sensitivity: 38% in rate-sensitive or leverage-heavy industries (real estate, banks, utilities).

ℹ️ Tech-Capex Exposure: 36% in semiconductors & hardware – dependent on hyperscaler capex cycles.

⚠️ Elevated Regulatory & Policy Risk: 53% in heavily regulated industries (defense, regulated utilities, healthcare policy).

⚠️ Historical Stress Test: Maximum peak-to-trough drawdown of -43.8% in the extended horizon.