Conservative
The asset allocation of this portfolio provides reasonable preservation of the capital. Bonds make up 40-100% of the portfolio. The portfolio’s total return over the past ten years would have been 6.5% in euros and 8.0% in US dollars per annum. We expect a total return of 4.4% in euros and 4.9% in dollars in the long term.

Defensive
This profile fits clients who consider relative stability and regular income more important than long-term capital growth. Equities make up 10-30% of the portfolio. The portfolio’s total return over the past ten years would have been 7.2% in euros per annum. We expect a total return of 5.4% in euros in the long term.

Balanced
The asset allocation of this portfolio provides both long-term growth and reasonable stability. Equities make up 20-50% of the portfolio. The portfolio’s total return over the past ten years would have been 7.7% in euros and US dollars per annum. We expect a total return of 6.2% in euros and 6.7% in dollars in the long term.

Dynamic
The asset allocation of this portfolio provides long-term growth. Equities make up 30-90% of the portfolio. Its total return over the past ten years would have been 8.1% in euros per annum. We expect a total return of 7.1% in euros in the long term.

Growth
The asset allocation of this portfolio provides long-term growth. Equities make up 44-100% of the portfolio. The portfolio’s total return over the past ten years would have been 8.1% in euros and 7.0% in US dollars per annum. We expect a total return of 7.6% in euros and 7.9% in dollars in the long term.