WHCE.L - Risk

Risk & Diversification Scores

Transparent evaluation of price volatility (SRI) and 4-dimensional portfolio diversification.

Volatility Risk Score

5/7 Elevated

5 / 7 SRI PRIIPs Risk Class

Above-average volatility. Suitable for experienced investors with high risk tolerance (5+ years horizon).

Volatility (3Y)

14.9% p.a.

Fallback

Max Drawdown (3Y)

-20.1%

Fallback

Sharpe Ratio

0.40

Moderate (0.0 - 0.5)

Rec. Holding Period

5 - 10+ Years

Investment Horizon

Elevated Risk / Growth: Score Basis:

Diversification Score

High Concentration (> 50%)

14 / 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

63.5%

Focused

Effective Holdings

~24

of 75 holdings

Top Sector

100.0%

Healthcare

Top Region / Country

69.9%

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.

Timeframe	Volatility (p.a.)	Max Drawdown	Sharpe Ratio	Return (p.a.)
1 Year	—	—	—	+8.7%
3 Years	14.9%	-20.1%	0.4	+8.4%
5 Years	—	—	—	—
10 Years	—	—	—	—

Notes & Warnings

⚠️ Elevated valuation: Avg P/E of 30.9

🟢 Deep market liquidity & capital coverage (Tier 1)

⚠️ Fund closure risk (< 50M € AUM)

🟢 High institutional analyst coverage (24 analysts)

🔴 Extreme top 10 holdings concentration: 64% of fund in top 10 positions.

🔴 Severe sector concentration risk: 100% in "Healthcare".

🔴 Extreme industry concentration: 66% in "Drug Manufacturers - General".

🔴 Growth estimates are hyper-concentrated: Top 3 growth drivers account for 95% of total forward growth.

⚠️ Elevated Regulatory & Policy Risk: 100% in heavily regulated industries (defense, regulated utilities, healthcare policy).

🟢 Strong Defensive Buffer: 96% in crisis-resilient, non-cyclical sectors (consumer staples, healthcare, utilities).