Please note that the following answer only applies to clients of our Wealth offering.
Depending on your investment strategy, we invest for you with a different focus in asset classes or thematic areas. In order to offer you optimum risk diversification, we invest for you globally in all major asset classes: Equities, government bonds, collateralized bonds (Pfandbriefe and covered bonds), corporate bonds, real estate, commodities and the money market.
To implement your investment strategy, we invest exclusively in ETFs (exchange-traded funds or exchange-traded index funds), ETCs (exchange-traded commodities) or other ETPs (exchange-traded products), each of which is also individually tailored to your preferences, investment objectives and other characteristics. Up to eight asset classes with up to 8,700 individual securities from up to 80 countries are covered.
ETFs are selected in an extensive, multi-stage process. The most important quantitative and qualitative selection criteria are:
- Low costs
- High liquidity
- Low tracking error
- Appropriate diversification
- Secure replication methods
An overview of the selection process and the ETFs and ETCs currently in use can be found on our website.