• 1st place: Strategie Raiffeisen VIPclassic 50 (1 year, conservative)

• 1st place: Strategie Raiffeisen VIPclassic 100 (1 year, moderately dynamic)

• 2nd place: Strategie Raiffeisen VIPclassic 75 (1 year, balanced)

The best asset management companies must demonstrate top performance in three different risk classes in order to achieve top rankings. This demanding task gives the firstfive awards a particularly high status. The evaluations are carried out on the basis of real portfolios (risk-adjusted on the basis of the Sharpe Ratio. firstfive AG's database comprises around 180 portfolios. The Sharpe ratio represents the relative performance of an investment compared to a risk-free investment (e.g. a savings account), based on the standard deviation of the investment. If the Sharpe Ratio is negative, the risk-free interest rate is not exceeded.

Sharpe Ratio (key figure for risk measurement, as of August 2022)

The awards are based on real, anonymised customer portfolios from banks and independent asset managers in Germany, Liechtenstein, Luxembourg, Austria, and Switzerland. They cover Raiffeisen Vermögensverwaltung securities accounts following five different risk strategies with a share of equities ranging between a maximum of 10% and a maximum of 100%. The winners were determined in three assessment periods of one, three, and five years on the basis of the Sharpe ratio, in other words the risk-adjusted performance. The Sharpe ratio captures the return achieved on an investment relative to the level of risk.

Certified quality depot

Awarded wih the maximum of five stars

As a result of the certification process, Raiffeisen Vermögensverwaltung was awarded the quality seal “Certified Quality Depot” for the strategy of Raiffeisen VIPclassic 35 for an excellent risk-return profile and received the highest ranking of five stars and the highest ranking of five trees for the strategy of Raiffeisen VIPnachhaltig 50. The other market-oriented strategies in the product categories Raiffeisen VIPclassic, VIPnachhaltig, and VIPindividual are managed identically, based on a uniform investment approach. The difference is in the risk-return ratio resulting from the weighting of asset classes (equities, bonds, etc.).