Investment strategy
As the highest governing body, the Foundation Board bears the responsibility for the investment of assets. It lays down the organisational procedures, aims, principles and responsibilities within the legislative framework.
The Foundation Board Council reviews the long-term investment strategy defined by the affiliatated pension funds.
Currently, most employers' affiliated pension funds have the same investment strategy.
Employers' affiliated pension funds
Asset classes | Strategic asset allocation | Tactical bands | |
min. | max. | ||
Cash | 1.0% | 0.0% | 10.0% |
Swiss bonds CHF | 32.0% | 22.0% | 42.0% |
Global bonds (100% hedged) | 11.0% | 7.0% | 15.0% |
Global equities | 10.0% | 5.0% | 15.0% |
Global equities (100% hedged) | 23.0% | 11.0% | 35.0% |
Swiss real estates (listet) | 4.5% | 2.5% | 6.5% |
Swiss real estates (investment foundations) | 11.5% | 7.0% | 16.0% |
Global real estates (100% hedged) | 7.0% | 4.0% | 10.0% |
Other assets | 0.0% | ||
Total assets | 100.0% |