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 30.6.2021

Asset class Market value in thousands of CHF Allocation Strategy Range
Liquidity / other assets 89'871 3.7% 3.0% 0 – 20%
Nominal value investments 473'646 19.7% 21.0% 0 – 40%
- Bonds Switzerland 209'954 8.7% 9.0% 0 – 20%
- Bonds FW hdg CHF 29'383 1.2% 2.0% 0 – 5%
- Mortgages 234'309 9.7% 10.0% 0 – 15%
Shares 930'027 38.7% 35.0% 10 – 50%
- Shares Switzerland 725'364 30.2% 30.0% 10 – 40%
- Foreign stocks 204'663 8.5% 5.0% 0 – 10%
Real Estate Switzerland 718'901 29.9% 31.0% 20 – 45%
- Real estate directly 354'218 14.7%    
- Real estate indirect 364'683 15.2%    
Real estate abroad 39'493 1.6% 2.0% 0 – 5%
Alternative investments 125'983 5.2% 6.5% 0 – 12%
- Loan / Mezzanine CHF 27'299 1.1% 1.5% 0 – 2%
- private equities 98'684 4.1% 5.0% 0 - 10%
Infrastructure CHF 26'230 1.1% 1.5% 0 – 2.5%
Total 2'404'151 100.0% 100.0%