Balanced

Investment objectives

To maintain the real value of the principal and to achieve
long-term capital growth through ongoing income and
capital and currency gains

Willingness to take risk

Average willingness to take risk
Acceptance of fluctuations in assets

Investment categories

Liquidity, bonds, stocks, alternative investments

Investment horizon

4-6 years



The approximate structure of the portfolio would be as shown to the right.





Anlagekategorien und Währungsaufteilung