Asset classes and expected returns
| Download |
|
31.12.2019 |
31.12.2018 |
||
|---|---|---|---|---|
in CHF thousands |
Share of total assets |
Share of total assets |
||
Equities |
|
|
||
listed market prices (Level 1) |
111'869 |
82'533 |
||
other than listed market prices |
0 |
0 |
||
Bonds |
|
|
||
listed market prices (Level 1) |
196'649 |
163'452 |
||
other than listed market prices |
0 |
0 |
||
Real estate |
|
|
||
listed market prices (Level 1) |
3'600 |
1'457 |
||
other than listed market prices / direct investments |
57'538 |
29'805 |
||
Alternative financial investments |
49'362 |
23'530 |
||
Qualified insurance policies |
32'652 |
109'171 |
||
Other financial investments |
942 |
165 |
||
Cash and cash equivalents |
21'168 |
20'879 |
The expected return on bonds and shares is based on the yield for long-term Federal notes and the corresponding market expectations. The remaining expected returns are based on empirical values.