SRSA.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)

25.7% p.a.

5-Year Horizon

Max Drawdown (5Y)

-27.8%

Deepest Drawdown

Sharpe Ratio

0.34

Moderate (0.0 - 0.5)

Rec. Holding Period

10+ Years

Investment Horizon

Speculative / High Risk: Score Basis:

Diversification Score

High Concentration (> 50%)

48 / 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

70.9%

Focused

Effective Holdings

~18

of 28 holdings

Top Sector

42.6%

Basic Materials

Top Region / Country

83.0%

South Africa

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.

High Volatility

Timeframe	Volatility (p.a.)	Max Drawdown	Sharpe Ratio	Return (p.a.)
1 Year	—	—	—	+2%
3 Years	25.9%	-23.8%	0.8	+23.1%
5 Years	25.7%	-27.8%	0.34	+11.3%
10 Years	30.6%	-52.6%	0.1	+5.5%

Notes & Warnings

🟢 Favorable / fair valuation: Avg P/E of 10.1

Solid fund volume

🟡 Moderate analyst coverage (8 analysts)

🔴 Extreme top 10 holdings concentration: 71% of fund in top 10 positions.

🔴 High single-country risk: 83% of portfolio in "South Africa".

⚠️ Elevated emerging markets risk: 83% Emerging Markets.

⚠️ Sector concentration: 43% in "Basic Materials".

⚠️ Sector concentration: 33% in "Financial Services".

🔴 High Commodity Concentration: 43% of fund depends directly on volatile energy and raw material markets.

🔴 Dominant Cyclicality: 81% in cyclical industries – higher drawdown risk in recessions.

⚠️ Elevated Interest Rate Sensitivity: 41% in rate-sensitive or leverage-heavy industries (real estate, banks, utilities).

⚠️ Elevated Regulatory & Policy Risk: 40% in heavily regulated industries (defense, regulated utilities, healthcare policy).

🔴 Structurally High Volatility: Above-average fluctuations persist across 5 to 10 years (25.7% p.a.).

⚠️ Historical Stress Test: Maximum peak-to-trough drawdown of -52.6% in the extended horizon.