REGB.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)

44.2% p.a.

5-Year Horizon

Max Drawdown (5Y)

-72.4%

Deepest Drawdown

Sharpe Ratio

-0.24

Negative (< 0.0)

Rec. Holding Period

10+ Years

Investment Horizon

Speculative / High Risk: Score Basis:

Diversification Score

High Concentration (> 50%)

3 / 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

59.3%

Focused

Effective Holdings

~23

of 32 holdings

Top Sector

98.9%

Basic Materials

Top Region / Country

29.9%

China

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) High Volatility

Timeframe	Volatility (p.a.)	Max Drawdown	Sharpe Ratio	Return (p.a.)
1 Year	—	—	—	-16.3%
3 Years	50.2%	-49.5%	-0.09	-2.3%
5 Years	44.2%	-72.4%	-0.24	-8%
10 Years	—	—	—	—

Notes & Warnings

🟢 Favorable / fair valuation: Avg P/E of 25.8

🟢 Established large fund (> 500M € AUM)

🔴 Low analyst coverage (7.4 analysts, higher growth estimate uncertainty)

⚠️ Elevated top 10 holdings concentration: 59% of fund in top 10 positions.

⚠️ Elevated emerging markets risk: 68% Emerging Markets.

🔴 Severe sector concentration risk: 99% in "Basic Materials".

🔴 Extreme industry concentration: 72% in "Other Industrial Metals & Mining".

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

🔴 High Commodity Concentration: 100% of fund depends directly on volatile energy and raw material markets.

🔴 Dominant Cyclicality: 100% in cyclical industries – higher drawdown risk in recessions.

⚠️ Elevated Short-Term Volatility: 3Y volatility (50.2%) is noticeably higher than the 5Y average (44.2%).

🔴 Structurally High Volatility: Above-average fluctuations persist across 5 to 10 years (44.2% p.a.).

⚠️ Historical Stress Test: Maximum peak-to-trough drawdown of -72.4% in the extended horizon.