In addition to our PARSUMO funds, we also manage your assets at your bank in the form of mandates. We apply the same investment approaches to our mandates as we do to our funds.
Mandates managed according to the Risk Regime Investing (RRI) approach
We do not manage our RRI mandates in line with a predefined asset allocation structure, as this rudimentary definition often leads to an accumulation of unwanted and unfavorable risks in a risk-management-driven approach. We take the risk level of the agreed benchmark and determine a risk band that we use to actively manage the mandate. This process ensures that the risk requirement is always met and the portfolio is structured in line with the prevailing risk conditions.
|Who defines the strategy?||PARSUMO||Client||Client||PARSUMO|
|Asset classes||mixed||mixed||mixed||Equities World|
|Risk budget||variable||client specific||Conservative|
|Equity range||10% - 75%||individual||narrow range according |
to chosen profile
|30% - 100%|
|Implementation||ETFs & index funds - long only & no leverage|
Mandates managed according to the Quantitative Stock Selection (QSS) approach
Our QSS equity mandates are offered for inefficient markets. In a global portfolio, we reflect efficient markets with cost-effective passive instruments (ETFs). These are selected through a structured and independently audited process according to various criteria, such as total cost, tradability and size.
|PARswiss All Cap Equities||PARswiss Small & Mid Cap Equities||PAReurope Equities||PARglobal |
|PARglobal High Dividend Equities||PARemerging Markets Equities|
|Benchmark||Swiss Performance Index||SPI|
|MSCI Europe |
|MSCI World High Dividend Yield Index||MSCI Emerging Markets Index|
|QSS share||100%||100%||100%||approx. 25%||approx. 40%||100%|
|ETF share||approx. 75%||approx. 60%|