Investment Plan 274

Risk Control 20


  • 0 - 20% equities
  • 0 - 100% bonds
  • 0 - 100% liquidity

Investment objective

The investment objective is to achieve long-term growth of the capital invested while at the same time limiting volatility. In the core portfolio, the allocation of assets across different asset classes and instruments with attractive risk/return characteristics is determined periodically. The volatility of returns up to the maximum limit is monitored and managed using quantitative mechanisms, and, if necessary, portfolio risk is actively reduced. A maximum of 10% unhedged foreign currency risk is permitted. Maximum annualised volatility of 3% is targeted, with a maximum allocation to equities of 20%.