EFTA Document EFTA01458600

Mee pouitent roc:* The bras ICIUDS levenmere eerie hghts Atlit44/35 prspnctivos b,ratioht, 1441torencuon Kkel Portfolio Our asset-class allocation in a balanced portfolio Traditional asset classes Within the core part of our balanced portfolio, we cover traditional liquid assets such as equities, fixed income and commodities. The chart shows how we would currently design a balanced portfolio, including alternative asset classes.' ■ Equities We stay generally positive on develope