Income Defensive (EUR)
Arion
115
120
125
110
105
100
95
90
2022
2021
2023
2024
2025
2026
121.4
Income Defensive (EUR)
Arion
2021
115
120
125
110
105
100
95
90
2022
2023
2024
2025
2026
121.4
Income Defensive
Arion
(EUR)
2021
2022
2023
2024
2026
2025
115
120
125
110
105
100
95
90
121.4
Track Record EUR (Live)
Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
YTD
2021
2022
2023
2024
2025
-1.5%
2.7%
-0.3%
1.3%
0.6%
0.7%
1.9%
1.5%
2.3%
0.9%
2.3%
5.3%
2.6%
3.0%
-1.3%
-2.7%
-0.8%
1.2%
1.1%
-0.3%
0.9%
1.4%
1.2%
-1.1%
-12.2%
-1.0%
0.8%
0.8%
-1.8%
-1.5%
1.6%
-2.8%
-0.6%
-3.0%
0.8%
-3.4%
-2.6%
5.9%
2.0%
-1.2%
1.9%
-2.0%
1.5%
1.2%
0.9%
0.4%
0.8%
0.2%
0.0%
2.2%
2026
-1.1%
-2.2%
-0.7%
1.6%
1.8%
1.5%
4.8%
1.3%
0.7%
-4.1%
3.4%
3.7%
0.5%
2.0%
1.9%
-0.3%
-0.3%
7.0%
10.7%
-2.0%
Comment current month
+3.7%
Return current month
+4.8%
Return YTD
Comment current month
+3.7%
Return current month
+4.8%
Return YTD
Comment current month
+3.7%
Return current month
+4.8%
Return YTD
Toward the end of the month, markets remained within the corridors predefined in the investment strategy. The proportion of option premiums in the overall portfolio - a good indicator of the maximum possible loss of the portfolio in the event of any very strong stock market correction - stood at 8.4% toward the end of the month.
Looking ahead, the strategy remains well positioned. The maximum risk of loss remains strictly limited, thereby protecting invested capital through the applied hedging mechanism. At the same time, the strategy retains the ability to participate in positive developments across global equity markets.
Looking ahead, the strategy remains well positioned. The maximum risk of loss remains strictly limited, thereby protecting invested capital through the applied hedging mechanism. At the same time, the strategy retains the ability to participate in positive developments across global equity markets.
+3.5%
in CHF hedged
+3.7%
Return p.a.
5.2%
5.3%
0.7
70.2%
Volatility p.a.
Sharpe Ratio
Share of positive
months
months
All key figures are annualized. Volatility is measured in standard deviation.
Time period: 01.01.2006 - 23.02.2021 backtesting (net returns excl. mgmt. Fee), live since 24.02.2021 with net returns incl. mgmt fee (share class S).
Time period: 01.01.2006 - 23.02.2021 backtesting (net returns excl. mgmt. Fee), live since 24.02.2021 with net returns incl. mgmt fee (share class S).
In May, our flagship investment approach, Arion Income Defensive, accessible via the UCITS fund Anteo Income Defensive, recorded a return of
in EUR