When investing in stock markets, the risk is diversified by using various management styles (total return, benchmark-oriented or value growth approach, fundamental or industry-/region-specific title selection). For the purpose of securing the investment, the effective investment ratio is controlled through the use of derivative financial instruments. The following table shows the investment structure of the share portfolios by asset classes:
|
Share portfolio composition |
31 Dec. 2010 |
31 Dec. 2009 | ||||
| ||||||
|
Shares in Europe |
438,554 |
268,481 | ||||
|
Shares in America |
48,112 |
11,275 | ||||
|
Shares in Asia |
26,802 |
6,049 | ||||
|
Shares international1) |
4,932 |
623 | ||||
|
Shares in emerging markets |
32,149 |
10,805 | ||||
|
Shares total return2) |
158,228 |
156,531 | ||||
|
Other shares |
208,872 |
199,247 | ||||
|
Total |
917,648 |
653,010 | ||||
