IM2A.DE - 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)

22.0% p.a.

5-Year Horizon

Max Drawdown (5Y)

-47.3%

Deepest Drawdown

Sharpe Ratio

-0.56

Negative (< 0.0)

Rec. Holding Period

10+ Years

Investment Horizon

Speculative / High Risk: Score Basis:

Diversification Score

High Concentration (> 50%)

38 / 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

60.4%

Focused

Effective Holdings

~24

of 38 holdings

Top Sector

99.4%

Real Estate

Top Region / Country

34.4%

France

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.

High Volatility

Timeframe	Volatility (p.a.)	Max Drawdown	Sharpe Ratio	Return (p.a.)
1 Year	—	—	—	-17.9%
3 Years	18.7%	-24.7%	-0.12	+0.2%
5 Years	22.0%	-47.3%	-0.56	-9.7%
10 Years	36.3%	-98.0%	-0.92	-30.9%

Notes & Warnings

🟢 Favorable / fair valuation: Avg P/E of 7.0

Solid fund volume

🟡 Moderate analyst coverage (8.5 analysts)

🔴 Extreme top 10 holdings concentration: 60% of fund in top 10 positions.

🔴 Severe sector concentration risk: 99% in "Real Estate".

⚠️ Elevated Interest Rate Sensitivity: 100% in rate-sensitive or leverage-heavy industries (real estate, banks, utilities).

🔴 Structurally High Volatility: Above-average fluctuations persist across 5 to 10 years (22.0% p.a.).

⚠️ Historical Stress Test: Maximum peak-to-trough drawdown of -98.0% in the extended horizon.