Taaleri Allocation 50, the open ended Ucits fund that invests exclusively in ETFs, has been registered by Swedbank Management Company S.A. for distribution through the PPM platform operated by the Swedish Pensions Agency for long term savers to self select funds.
The Allocation 50 fund sits as a subfund in the Luxembourg domiciled Taaleri Sicav. It uses an active approach to determine strategic and tactical allocation, resulting in allocation split equally between equities and fixed income. The benchmark consists of the MSCI World All Country Total Return (50%), the iBOXX Eurozone Sovereign Total Return (45%) and the Eonia Total Return (5%).
The most recent portfolio breakdown, as per data to the end of December 2015, included:
|Name||Country||% of Assets|
|db x-trackers II iBoxx SovEuZ Yld+1C||Luxembourg||14.54|
|iShares Euro High Yield Corporate Bond||Ireland||12.61|
|iShares Core S&P 500||Ireland||10.63|
|Amundi ETF Euro Stoxx 50 EUR C||France||8.27|
|db x-trackers SMI (DR) 1C||Luxembourg||5.26|
|db x-trackers DAX (DR) 1C||Luxembourg||5.09|
|Lyxor ETF Stoxx Europe 600 Const&Mat …||France||4.68|
|iShares S&P 500 Health Care Sect||Ireland||4.48|
|PIMCO ST HY Corp Bd Source ETF USD Acc||Ireland||4.44|