Investment Portfolio Sincera 40

Characteristics: Asset growth by focusing on capital gains
Investment Horizon: Mid- to Long-term

Risk Profile:

Average Annual Return and Risk (2005 - 2017)

Ø Annual Return * 4.58%
Volatility (Risk) ** 8.05%
Best performing year * 24.43% (2009)
Worst performing year * -23.72% (2008)

* Performance in CHF, net of fees. Historical performance is based on approximation of the relevant Index Time Series within each investment strategy. Historical performance does not indicate or guarantee future returns.

** For approx. 68% of all possible outcomes the annual return fluctuates +/-8.05% or less around the mean (expected) return.
For approx. 95% of all possible outcomes the annual return fluctuates +/-16.1% or less around the mean (expected) return.

Asset Allocation

Sincera 40
Asset Class Percentage
Liquidity 3.0%
Bonds 27.0%
Equities 40.0%
Real Estate 20.0%
Commodities 10.0%
Total Investment 100.0%

Currencies

Sincera 40
Currency Percentage
CHF 65.0%
EUR 20.0%
USD 15.0%
Total 100.0%

Annual Returns *

2005 2006 2007 2008 2009 2010 2011
21.63% 15.16% 2.09% -23.72% 24.43% 2.48% -6%
2012 2013 2014 2015 2016 2017
8.46% 4.57% 6.5% -1.23% 2.97% 11.46%

* Performance in CHF, net of fees. Historical performance is based on approximation of the relevant Index Time Series within each investment strategy. Historical performance does not indicate or guarantee future returns.

Performance (indexed)

Sincera 40