LONG-TERM
INVESTMENT STRATEGY

As the supreme body of ALSA PK, the Foundation Board decides on the investment strategy. Together with the professional asset manager, the investment committee is responsible for implementing the strategy and for short-term profit optimization.

 

 

Strategy Total assets as at 31.03.2022

Asset class Market value in thousands of CHF Allocation Strategy Range
Liquidity / other assets 202'104 7.6% 3.0% 0 – 20%
Nominal value investments 454'712 17.1% 21.0% 0 – 40%
- Bonds Switzerland 196'433 7.4% 9.0% 0 – 20%
- Bonds FW hdg CHF 27'731 1.0% 2.0% 0 – 5%
- Mortgages 230'548 8.7% 10.0% 0 – 15%
Shares 932'462 35.2% 35.0% 10 – 50%
- Shares Switzerland 749'375 28.3% 30.0% 10 – 40%
- Foreign stocks 183'087 6.9% 5.0% 0 – 10%
Real Estate Switzerland 804'205 30.3% 31.0% 20 – 45%
- Real estate directly 400'125 15.1%    
- Real estate indirect 404'080 15.2%    
Real estate abroad 47'236 1.8% 2.0% 0 – 5%
Alternative investments 177'496 6.7% 6.5% 0 – 12%
- Loan / Mezzanine CHF 24'180 0.9% 1.5% 0 – 2%
- private equities 153'316 5.8% 5.0% 0 - 10%
Infrastructure CHF 33'743 1.3% 1.5% 0 – 2.5%
Total 2'651'959 100.0% 100.0%