AASG.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)

26.1% p.a.

5-Year Horizon

Max Drawdown (5Y)

-28.0%

Deepest Drawdown

Sharpe Ratio

0.28

Moderate (0.0 - 0.5)

Rec. Holding Period

10+ Years

Investment Horizon

Speculative / High Risk: Score Basis:

Diversification Score

High Concentration (> 50%)

68 / 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

58.4%

Focused

Effective Holdings

~28

of 118 holdings

Top Sector

33.7%

Technology

Top Region / Country

90.2%

United States

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.

Volatility Expansion (3Y > 5Y)

Timeframe	Volatility (p.a.)	Max Drawdown	Sharpe Ratio	Return (p.a.)
1 Year	—	—	—	+28.6%
3 Years	30.0%	-28.0%	0.67	+22.6%
5 Years	26.1%	-28.0%	0.28	+9.8%
10 Years	24.6%	-42.6%	0.16	+6.5%

Notes & Warnings

🟢 Favorable / fair valuation: Avg P/E of 25.6

🟢 Deep market liquidity & capital coverage (Tier 1)

🟢 Established large fund (> 500M € AUM)

🟢 High institutional analyst coverage (33.2 analysts)

⚠️ Elevated top 10 holdings concentration: 58% of fund in top 10 positions.

⚠️ Sector concentration: 34% in "Technology".

⚠️ Elevated Regulatory & Policy Risk: 41% in heavily regulated industries (defense, regulated utilities, healthcare policy).