🌍 The 50/50 Portfolio
🌍 The 50/50 Portfolio
🌍 The 50/50 Portfolio
Introducing our globally balanced 50/50 Portfolio: a testament to strategic equity holding ranging from 50% to 100%. Through a harmonious blend of transaction fee considerations and optimality constraints, our framework exemplifies the art of maximising investment potential.
Introducing our globally balanced 50/50 Portfolio: a testament to strategic equity holding ranging from 50% to 100%. Through a harmonious blend of transaction fee considerations and optimality constraints, our framework exemplifies the art of maximising investment potential.
Introducing our globally balanced 50/50 Portfolio: a testament to strategic equity holding ranging from 50% to 100%. Through a harmonious blend of transaction fee considerations and optimality constraints, our framework exemplifies the art of maximising investment potential.
Results
Performance
The value of optimising to reduce the depth, breadth and duration of drawdowns is clearly visible if we focus on the 2007 to 2012 period, where the InvestSuite 50/50 portfolio recovered from the drawdown a full 6.3 months before the benchmark did (2012-03-13 vs 2012-09-21).
The benchmark used for this backtest is Sivek - Global Medium Cap (BE0146659926).
As stated in the Key Investor Information Document (KIID), The target spread is 55% equities and/or equity-related investments (equity component) and 45% bonds and/or bond-related investments (bond component).The Portfolio must hold between 50% and 100% of equities and can hold between 0% and 50% of any other instrument.
You can find more details on the portfolio and benchmark at the bottom of this page.
Yearly returns
The yearly returns clearly show that when using iVaR in the Portfolio Optimizer it is possible to offer a “smoother ride” to investors. iVaR was built on the premise that any instrument or portfolio providing strict monotonic growth (i.e. no losses) should be riskless, regardless of the speed or consistency of the growth. This matches the behavior of a cash savings account, which also increases monotonically in value over time, and is considered riskless by end investors.
Cumulative drawdowns
This shows the number of days the portfolio and benchmark have spent a certain level below their previous high-water mark.
Results
Performance
The value of optimising to reduce the depth, breadth and duration of drawdowns is clearly visible if we focus on the 2007 to 2012 period, where the InvestSuite 50/50 portfolio recovered from the drawdown a full 6.3 months before the benchmark did (2012-03-13 vs 2012-09-21).
The benchmark used for this backtest is Sivek - Global Medium Cap (BE0146659926).
As stated in the Key Investor Information Document (KIID), The target spread is 55% equities and/or equity-related investments (equity component) and 45% bonds and/or bond-related investments (bond component).The Portfolio must hold between 50% and 100% of equities and can hold between 0% and 50% of any other instrument.
You can find more details on the portfolio and benchmark at the bottom of this page.
Yearly returns
The yearly returns clearly show that when using iVaR in the Portfolio Optimizer it is possible to offer a “smoother ride” to investors. iVaR was built on the premise that any instrument or portfolio providing strict monotonic growth (i.e. no losses) should be riskless, regardless of the speed or consistency of the growth. This matches the behavior of a cash savings account, which also increases monotonically in value over time, and is considered riskless by end investors.
Cumulative drawdowns
This shows the number of days the portfolio and benchmark have spent a certain level below their previous high-water mark.
Results
Performance
The value of optimising to reduce the depth, breadth and duration of drawdowns is clearly visible if we focus on the 2007 to 2012 period, where the InvestSuite 50/50 portfolio recovered from the drawdown a full 6.3 months before the benchmark did (2012-03-13 vs 2012-09-21).
The benchmark used for this backtest is Sivek - Global Medium Cap (BE0146659926).
As stated in the Key Investor Information Document (KIID), The target spread is 55% equities and/or equity-related investments (equity component) and 45% bonds and/or bond-related investments (bond component).The Portfolio must hold between 50% and 100% of equities and can hold between 0% and 50% of any other instrument.
You can find more details on the portfolio and benchmark at the bottom of this page.
Yearly returns
The yearly returns clearly show that when using iVaR in the Portfolio Optimizer it is possible to offer a “smoother ride” to investors. iVaR was built on the premise that any instrument or portfolio providing strict monotonic growth (i.e. no losses) should be riskless, regardless of the speed or consistency of the growth. This matches the behavior of a cash savings account, which also increases monotonically in value over time, and is considered riskless by end investors.
Cumulative drawdowns
This shows the number of days the portfolio and benchmark have spent a certain level below their previous high-water mark.
Historical portfolio
With this interactive chart, you can explore the historical monthly portfolio holdings.
The telephone line
Our innovative risk measure - iVaR - is designed to optimise for drawdown reductions. This allows for portfolios with “smoother rides” while maintaining an equity allocation. By comparing our portfolio's cumulative drawdowns against the benchmark, you'll witness how our solution effectively minimises risk over time. Optimise your client’s portfolio for a smoother ride and stay above the 'Telephone Line'—that critical -20% drawdown point where client concerns surge, and they call you. With our approach, you optimise for smoother investment journeys and help your clients build confidence in their financial future.
The telephone line
Our innovative risk measure - iVaR - is designed to optimise for drawdown reductions. This allows for portfolios with “smoother rides” while maintaining an equity allocation. By comparing our portfolio's cumulative drawdowns against the benchmark, you'll witness how our solution effectively minimises risk over time. Optimise your client’s portfolio for a smoother ride and stay above the 'Telephone Line'—that critical -20% drawdown point where client concerns surge, and they call you. With our approach, you optimise for smoother investment journeys and help your clients build confidence in their financial future.
The telephone line
Our innovative risk measure - iVaR - is designed to optimise for drawdown reductions. This allows for portfolios with “smoother rides” while maintaining an equity allocation. By comparing our portfolio's cumulative drawdowns against the benchmark, you'll witness how our solution effectively minimises risk over time. Optimise your client’s portfolio for a smoother ride and stay above the 'Telephone Line'—that critical -20% drawdown point where client concerns surge, and they call you. With our approach, you optimise for smoother investment journeys and help your clients build confidence in their financial future.
The benchmark.
The benchmark used for this backtest is Sivek - Global Medium Cap (BE0146659926), which itself follows a benchmark of 22.5% JPM EMU All Maturities, 55% MSCI AC NR EUR , 22.5% iBoxx Euro Corporate. As stated in the KIID, The target spread is 55% equities and/or equity-related investments (equity component) and 45% bonds and/or bond-related investments (bond component).
The 50/50 Portfolio.
Must hold between 50% and 100% of equities
Can hold between 0% and 50% of any other instrument (fixed income, commodities, money market, real estate,...)
The portfolio is rebalanced monthly.
No instrument can represent more than 20% of the total portfolio.
All the settings can be found in the JSON.
The investible universe for the portfolio is made up of 103 funds across equities and other asset classes
List of investable funds and their Morningstar category:
LU1190417599 (EUR Money Market), IE00BDFL4P12 (Commodities - Broad Basket), LU0460391732 (Commodities - Broad Basket), IE00B579F325 (Commodities - Precious Metals), LU0274211480 (Germany Equity), LU0838780707 (UK Large-Cap Equity), LU0514695690 (China Equity), LU0274209740 (Japan Large-Cap Equity), LU1681044720 (Switzerland Equity), IE00B5BMR087 (US Large-Cap Blend Equity), IE00BYVJRP78 (Global Emerging Markets Equity), LU0629460675 (Eurozone Large-Cap Equity), IE00BYVJRR92 (US Large-Cap Blend Equity), LU1602144229 (Global Large-Cap Blend Equity), IE00BYX2JD69 (Global Large-Cap Blend Equity), IE00B44Z5B48 (Global Large-Cap Blend Equity), IE00B4L5Y983 (Global Large-Cap Blend Equity), IE00B8KGV557 (Global Emerging Markets Equity), IE00BDGN9Z19 (Eurozone Large-Cap Equity), IE00B86MWN23 (Europe Large-Cap Blend Equity), IE00B8FHGS14 (Global Large-Cap Blend Equity), IE00B802KR88 (US Large-Cap Blend Equity), IE00BTJRMP35 (Global Emerging Markets Equity), IE00B53QG562 (Eurozone Large-Cap Equity), IE00B4K48X80 (Europe Large-Cap Blend Equity), IE00B52MJY50 (Pacific ex-Japan Equity), IE00BM67HP23 (Sector Equity Consumer Goods & Services), IE00BM67HN09 (Sector Equity Consumer Goods & Services), IE00BM67HM91 (Sector Equity Energy), IE00BM67HL84 (Sector Equity Financial Services), IE00BM67HK77 (Sector Equity Healthcare), IE00BM67HV82 (Sector Equity Industrial Materials), IE00BM67HT60 (Sector Equity Technology), IE00BM67HS53 (Sector Equity Industrial Materials), IE00BM67HR47 (Sector Equity Communications), IE00BM67HQ30 (Sector Equity Utilities), LU1681038243 (US Large-Cap Growth Equity), LU0322253229 (Sector Equity Infrastructure), IE00B48X4842 (Global Emerging Markets Small/Mid-Cap Equity), IE00B3VWMM18 (Eurozone Small-Cap Equity), LU0322253906 (Europe Small-Cap Equity), IE00B2QWDY88 (Japan Small/Mid-Cap Equity), IE00BF4RFH31 (Global Small/Mid-Cap Equity), IE00B3VWM098 (US Small-Cap Equity), IE00B8GKDB10 (Global Equity Income), IE00BZ0PKV06 (Europe Large-Cap Blend Equity), IE00BZ0PKS76 (US Large-Cap Blend Equity), IE00BZ0PKT83 (Global Large-Cap Blend Equity), IE00BL25JM42 (Global Large-Cap Value Equity), IE00BP3QZ825 (Global Large-Cap Growth Equity), IE00BP3QZ601 (Global Large-Cap Blend Equity), IE00BLNMYC90 (US Large-Cap Blend Equity), IE00BNH72088 (Convertible Bond - Global), IE00BDT6FP91 (Convertible Bond - Global, EUR Hedged), LU1686830065 (EUR Corporate Bond - Short Term), IE00BFZPF546 (Global Emerging Markets Bond - Local Currency), IE00BYXYYK40 (Global Emerging Markets Bond), IE00BF11F565 (EUR Corporate Bond), LU0478205379 (EUR Corporate Bond), LU0290355717 (EUR Government Bond), LU0290356871 (EUR Government Bond - Short Term), LU0290357507 (EUR Bond - Long Term), LU0290356954 (EUR Government Bond), LU0290357176 (EUR Government Bond), LU0290357259 (EUR Government Bond), DE000A0H0785 (EUR Government Bond), IE00BFM6TB42 (Global Corporate Bond), LU0378818131 (Global Bond - EUR Hedged), LU0908508731 (Global Bond), IE00BF3N7094 (EUR High Yield Bond), FR0010754127 (EUR Inflation-Linked Bond), IE00B3B8PX14 (Global Inflation-Linked Bond), LU0952581584 (JPY Bond), IE00B44CND37 (USD Government Bond), IE00BZ036H21 (USD Corporate Bond), LU0322250712 (Sector Equity Private Equity), IE00B1TXHL60 (Sector Equity Private Equity), IE00B5L01S80 (Property - Indirect Global), LU0489337690 (Property - Indirect Europe), IE00B4M7GH52 (Poland Equity), LU1291109616 (Commodities - Broad Basket), LU1691909508 (Global Large-Cap Blend Equity), IE00BYM11K57 (Other Equity), IE00BQQP9H09 (US Large-Cap Blend Equity), IE00BYXYYL56 (USD High Yield Bond), IE00BD4DX952 (Global Emerging Markets Bond), IE00BYXPSP02 (USD Government Bond), IE00B3VWN393 (USD Government Bond), IE00B3VWN518 (USD Government Bond), LU1681040900 (USD Corporate Bond), BE0146661948 (EUR Cautious Allocation - Global), BE0146659926 (EUR Moderate Allocation - Global), BE0146657904 (EUR Aggressive Allocation - Global), BE0131576440 (EUR Cautious Allocation - Global), BE0131577455 (EUR Moderate Allocation - Global), BE0131578461 (EUR Aggressive Allocation - Global), BE0146934766 (EUR Cautious Allocation - Global), BE0146936787 (EUR Moderate Allocation - Global), BE0163304539 (EUR Moderate Allocation - Global), BE0146932745 (EUR Cautious Allocation - Global), LU0524307047 (EUR Cautious Allocation - Global), LU0524308870 (EUR Moderate Allocation - Global), LU0524311072 (EUR Aggressive Allocation - Global),
The benchmark.
The benchmark used for this backtest is Sivek - Global Medium Cap (BE0146659926), which itself follows a benchmark of 22.5% JPM EMU All Maturities, 55% MSCI AC NR EUR , 22.5% iBoxx Euro Corporate. As stated in the KIID, The target spread is 55% equities and/or equity-related investments (equity component) and 45% bonds and/or bond-related investments (bond component).
The 50/50 Portfolio.
Must hold between 50% and 100% of equities
Can hold between 0% and 50% of any other instrument (fixed income, commodities, money market, real estate,...)
The portfolio is rebalanced monthly.
No instrument can represent more than 20% of the total portfolio.
All the settings can be found in the JSON.
The investible universe for the portfolio is made up of 103 funds across equities and other asset classes
List of investable funds and their Morningstar category:
LU1190417599 (EUR Money Market), IE00BDFL4P12 (Commodities - Broad Basket), LU0460391732 (Commodities - Broad Basket), IE00B579F325 (Commodities - Precious Metals), LU0274211480 (Germany Equity), LU0838780707 (UK Large-Cap Equity), LU0514695690 (China Equity), LU0274209740 (Japan Large-Cap Equity), LU1681044720 (Switzerland Equity), IE00B5BMR087 (US Large-Cap Blend Equity), IE00BYVJRP78 (Global Emerging Markets Equity), LU0629460675 (Eurozone Large-Cap Equity), IE00BYVJRR92 (US Large-Cap Blend Equity), LU1602144229 (Global Large-Cap Blend Equity), IE00BYX2JD69 (Global Large-Cap Blend Equity), IE00B44Z5B48 (Global Large-Cap Blend Equity), IE00B4L5Y983 (Global Large-Cap Blend Equity), IE00B8KGV557 (Global Emerging Markets Equity), IE00BDGN9Z19 (Eurozone Large-Cap Equity), IE00B86MWN23 (Europe Large-Cap Blend Equity), IE00B8FHGS14 (Global Large-Cap Blend Equity), IE00B802KR88 (US Large-Cap Blend Equity), IE00BTJRMP35 (Global Emerging Markets Equity), IE00B53QG562 (Eurozone Large-Cap Equity), IE00B4K48X80 (Europe Large-Cap Blend Equity), IE00B52MJY50 (Pacific ex-Japan Equity), IE00BM67HP23 (Sector Equity Consumer Goods & Services), IE00BM67HN09 (Sector Equity Consumer Goods & Services), IE00BM67HM91 (Sector Equity Energy), IE00BM67HL84 (Sector Equity Financial Services), IE00BM67HK77 (Sector Equity Healthcare), IE00BM67HV82 (Sector Equity Industrial Materials), IE00BM67HT60 (Sector Equity Technology), IE00BM67HS53 (Sector Equity Industrial Materials), IE00BM67HR47 (Sector Equity Communications), IE00BM67HQ30 (Sector Equity Utilities), LU1681038243 (US Large-Cap Growth Equity), LU0322253229 (Sector Equity Infrastructure), IE00B48X4842 (Global Emerging Markets Small/Mid-Cap Equity), IE00B3VWMM18 (Eurozone Small-Cap Equity), LU0322253906 (Europe Small-Cap Equity), IE00B2QWDY88 (Japan Small/Mid-Cap Equity), IE00BF4RFH31 (Global Small/Mid-Cap Equity), IE00B3VWM098 (US Small-Cap Equity), IE00B8GKDB10 (Global Equity Income), IE00BZ0PKV06 (Europe Large-Cap Blend Equity), IE00BZ0PKS76 (US Large-Cap Blend Equity), IE00BZ0PKT83 (Global Large-Cap Blend Equity), IE00BL25JM42 (Global Large-Cap Value Equity), IE00BP3QZ825 (Global Large-Cap Growth Equity), IE00BP3QZ601 (Global Large-Cap Blend Equity), IE00BLNMYC90 (US Large-Cap Blend Equity), IE00BNH72088 (Convertible Bond - Global), IE00BDT6FP91 (Convertible Bond - Global, EUR Hedged), LU1686830065 (EUR Corporate Bond - Short Term), IE00BFZPF546 (Global Emerging Markets Bond - Local Currency), IE00BYXYYK40 (Global Emerging Markets Bond), IE00BF11F565 (EUR Corporate Bond), LU0478205379 (EUR Corporate Bond), LU0290355717 (EUR Government Bond), LU0290356871 (EUR Government Bond - Short Term), LU0290357507 (EUR Bond - Long Term), LU0290356954 (EUR Government Bond), LU0290357176 (EUR Government Bond), LU0290357259 (EUR Government Bond), DE000A0H0785 (EUR Government Bond), IE00BFM6TB42 (Global Corporate Bond), LU0378818131 (Global Bond - EUR Hedged), LU0908508731 (Global Bond), IE00BF3N7094 (EUR High Yield Bond), FR0010754127 (EUR Inflation-Linked Bond), IE00B3B8PX14 (Global Inflation-Linked Bond), LU0952581584 (JPY Bond), IE00B44CND37 (USD Government Bond), IE00BZ036H21 (USD Corporate Bond), LU0322250712 (Sector Equity Private Equity), IE00B1TXHL60 (Sector Equity Private Equity), IE00B5L01S80 (Property - Indirect Global), LU0489337690 (Property - Indirect Europe), IE00B4M7GH52 (Poland Equity), LU1291109616 (Commodities - Broad Basket), LU1691909508 (Global Large-Cap Blend Equity), IE00BYM11K57 (Other Equity), IE00BQQP9H09 (US Large-Cap Blend Equity), IE00BYXYYL56 (USD High Yield Bond), IE00BD4DX952 (Global Emerging Markets Bond), IE00BYXPSP02 (USD Government Bond), IE00B3VWN393 (USD Government Bond), IE00B3VWN518 (USD Government Bond), LU1681040900 (USD Corporate Bond), BE0146661948 (EUR Cautious Allocation - Global), BE0146659926 (EUR Moderate Allocation - Global), BE0146657904 (EUR Aggressive Allocation - Global), BE0131576440 (EUR Cautious Allocation - Global), BE0131577455 (EUR Moderate Allocation - Global), BE0131578461 (EUR Aggressive Allocation - Global), BE0146934766 (EUR Cautious Allocation - Global), BE0146936787 (EUR Moderate Allocation - Global), BE0163304539 (EUR Moderate Allocation - Global), BE0146932745 (EUR Cautious Allocation - Global), LU0524307047 (EUR Cautious Allocation - Global), LU0524308870 (EUR Moderate Allocation - Global), LU0524311072 (EUR Aggressive Allocation - Global),
The benchmark.
The benchmark used for this backtest is Sivek - Global Medium Cap (BE0146659926), which itself follows a benchmark of 22.5% JPM EMU All Maturities, 55% MSCI AC NR EUR , 22.5% iBoxx Euro Corporate. As stated in the KIID, The target spread is 55% equities and/or equity-related investments (equity component) and 45% bonds and/or bond-related investments (bond component).
The 50/50 Portfolio.
Must hold between 50% and 100% of equities
Can hold between 0% and 50% of any other instrument (fixed income, commodities, money market, real estate,...)
The portfolio is rebalanced monthly.
No instrument can represent more than 20% of the total portfolio.
All the settings can be found in the JSON.
The investible universe for the portfolio is made up of 103 funds across equities and other asset classes
List of investable funds and their Morningstar category:
LU1190417599 (EUR Money Market), IE00BDFL4P12 (Commodities - Broad Basket), LU0460391732 (Commodities - Broad Basket), IE00B579F325 (Commodities - Precious Metals), LU0274211480 (Germany Equity), LU0838780707 (UK Large-Cap Equity), LU0514695690 (China Equity), LU0274209740 (Japan Large-Cap Equity), LU1681044720 (Switzerland Equity), IE00B5BMR087 (US Large-Cap Blend Equity), IE00BYVJRP78 (Global Emerging Markets Equity), LU0629460675 (Eurozone Large-Cap Equity), IE00BYVJRR92 (US Large-Cap Blend Equity), LU1602144229 (Global Large-Cap Blend Equity), IE00BYX2JD69 (Global Large-Cap Blend Equity), IE00B44Z5B48 (Global Large-Cap Blend Equity), IE00B4L5Y983 (Global Large-Cap Blend Equity), IE00B8KGV557 (Global Emerging Markets Equity), IE00BDGN9Z19 (Eurozone Large-Cap Equity), IE00B86MWN23 (Europe Large-Cap Blend Equity), IE00B8FHGS14 (Global Large-Cap Blend Equity), IE00B802KR88 (US Large-Cap Blend Equity), IE00BTJRMP35 (Global Emerging Markets Equity), IE00B53QG562 (Eurozone Large-Cap Equity), IE00B4K48X80 (Europe Large-Cap Blend Equity), IE00B52MJY50 (Pacific ex-Japan Equity), IE00BM67HP23 (Sector Equity Consumer Goods & Services), IE00BM67HN09 (Sector Equity Consumer Goods & Services), IE00BM67HM91 (Sector Equity Energy), IE00BM67HL84 (Sector Equity Financial Services), IE00BM67HK77 (Sector Equity Healthcare), IE00BM67HV82 (Sector Equity Industrial Materials), IE00BM67HT60 (Sector Equity Technology), IE00BM67HS53 (Sector Equity Industrial Materials), IE00BM67HR47 (Sector Equity Communications), IE00BM67HQ30 (Sector Equity Utilities), LU1681038243 (US Large-Cap Growth Equity), LU0322253229 (Sector Equity Infrastructure), IE00B48X4842 (Global Emerging Markets Small/Mid-Cap Equity), IE00B3VWMM18 (Eurozone Small-Cap Equity), LU0322253906 (Europe Small-Cap Equity), IE00B2QWDY88 (Japan Small/Mid-Cap Equity), IE00BF4RFH31 (Global Small/Mid-Cap Equity), IE00B3VWM098 (US Small-Cap Equity), IE00B8GKDB10 (Global Equity Income), IE00BZ0PKV06 (Europe Large-Cap Blend Equity), IE00BZ0PKS76 (US Large-Cap Blend Equity), IE00BZ0PKT83 (Global Large-Cap Blend Equity), IE00BL25JM42 (Global Large-Cap Value Equity), IE00BP3QZ825 (Global Large-Cap Growth Equity), IE00BP3QZ601 (Global Large-Cap Blend Equity), IE00BLNMYC90 (US Large-Cap Blend Equity), IE00BNH72088 (Convertible Bond - Global), IE00BDT6FP91 (Convertible Bond - Global, EUR Hedged), LU1686830065 (EUR Corporate Bond - Short Term), IE00BFZPF546 (Global Emerging Markets Bond - Local Currency), IE00BYXYYK40 (Global Emerging Markets Bond), IE00BF11F565 (EUR Corporate Bond), LU0478205379 (EUR Corporate Bond), LU0290355717 (EUR Government Bond), LU0290356871 (EUR Government Bond - Short Term), LU0290357507 (EUR Bond - Long Term), LU0290356954 (EUR Government Bond), LU0290357176 (EUR Government Bond), LU0290357259 (EUR Government Bond), DE000A0H0785 (EUR Government Bond), IE00BFM6TB42 (Global Corporate Bond), LU0378818131 (Global Bond - EUR Hedged), LU0908508731 (Global Bond), IE00BF3N7094 (EUR High Yield Bond), FR0010754127 (EUR Inflation-Linked Bond), IE00B3B8PX14 (Global Inflation-Linked Bond), LU0952581584 (JPY Bond), IE00B44CND37 (USD Government Bond), IE00BZ036H21 (USD Corporate Bond), LU0322250712 (Sector Equity Private Equity), IE00B1TXHL60 (Sector Equity Private Equity), IE00B5L01S80 (Property - Indirect Global), LU0489337690 (Property - Indirect Europe), IE00B4M7GH52 (Poland Equity), LU1291109616 (Commodities - Broad Basket), LU1691909508 (Global Large-Cap Blend Equity), IE00BYM11K57 (Other Equity), IE00BQQP9H09 (US Large-Cap Blend Equity), IE00BYXYYL56 (USD High Yield Bond), IE00BD4DX952 (Global Emerging Markets Bond), IE00BYXPSP02 (USD Government Bond), IE00B3VWN393 (USD Government Bond), IE00B3VWN518 (USD Government Bond), LU1681040900 (USD Corporate Bond), BE0146661948 (EUR Cautious Allocation - Global), BE0146659926 (EUR Moderate Allocation - Global), BE0146657904 (EUR Aggressive Allocation - Global), BE0131576440 (EUR Cautious Allocation - Global), BE0131577455 (EUR Moderate Allocation - Global), BE0131578461 (EUR Aggressive Allocation - Global), BE0146934766 (EUR Cautious Allocation - Global), BE0146936787 (EUR Moderate Allocation - Global), BE0163304539 (EUR Moderate Allocation - Global), BE0146932745 (EUR Cautious Allocation - Global), LU0524307047 (EUR Cautious Allocation - Global), LU0524308870 (EUR Moderate Allocation - Global), LU0524311072 (EUR Aggressive Allocation - Global),