Investment strategy

  Asset allocation Permissible bandwidth Target
Money market investment 0.0% – 4.0% 0.0%
Loans 0.0% – 6.0% 3.0%
Swiss francs bonds 11.0% – 17.0% 14.0%
Foreign currency bonds 33.0% – 41.0% 37.0%
Equities 24.0% – 32.0% 28.0%
Real estate 12.0% – 18.0% 15.0%
Gold 1.0% – 5.0% 3.0%
  Currency allocation
Target
Swiss franc 74.0%
Euro 2.0%
US dollar 9.0%
Other major currencies 7.0%
Subsidiary currencies 8.0%
As of 3.1.2024