3.06.2022LONG-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 31.06.2022

Asset class Market value in thousands of CHF Allocation Strategy Range
Liquidity / other assets 76'701 3.1% 3.0% 0 – 20%
Nominal value investments 444'938 17.9% 21.0% 0 – 40%
- Bonds Switzerland 181'893 7.3% 9.0% 0 – 20%
- Bonds FW hdg CHF 26'201 1.0% 2.0% 0 – 5%
- Mortgages 236'845 9.5% 10.0% 0 – 15%
Shares 781'941 31.4% 35.0% 10 – 50%
- Shares Switzerland 633'428 25.5% 30.0% 10 – 40%
- Foreign stocks 148'513 6.0% 5.0% 0 – 10%
Real Estate Switzerland 927'354 37.3% 31.0% 20 – 45%
- Real estate directly 508'497 20.4%    
- Real estate indirect 418'857 16.8%    
Real estate abroad 49'623 2.0% 2.0% 0 – 5%
Alternative investments 169'011 6.8% 6.5% 0 – 12%
- Loan / Mezzanine CHF 15'227 0.6% 1.5% 0 – 2%
- private equities 153'784 6.2% 5.0% 0 - 10%
Infrastructure CHF 38'178 1.5% 1.5% 0 – 2.5%
Total 2'487'747 100.0% 100.0%