World ETF MC 90 incl. Small Cap

This certificate aims to represent the global equity market in a simple, abstract, yet efficient way — with a small-cap factor tilt. The strategy follows a low-cost, risk-conscious, and globally diversified passive approach designed for long-term investment horizons. It is suitable for both regular cost-averaging investments (e.g. savings plans) and one-off investments. Around 90% of the portfolio is invested in equity ETFs covering North America, Europe, Asia, and Emerging Markets. An additional 5–10% is allocated to a small-cap factor ETF to enhance diversification and return potential. Another 10% is held in short-term bonds, helping to reduce portfolio volatility and providing flexibility to increase equity exposure during significant drawdowns — specifically when markets fall by 20% or more. Allocation weights are based on global market capitalization and reviewed regularly to reflect macroeconomic developments and regional growth dynamics. Frequent rebalancing ensures systematic, countercyclical investing and maintains the strategic asset allocation. During market downturns, the portfolio may remain fully invested in equities, in line with its long-term orientation. The goal is not to beat the market, but rather to grow steadily in line with long-term market returns — steadily and efficiently. The strategy avoids speculation and timing, focusing instead on: 1. Low costs 2. Low risk 3. Tax efficiency 4. Realistic long-term expectations As such, investors should not expect rapid gains or dramatic short-term movements — neither positive nor negative. This approach is built for discipline, patience, and consistent long-term value creation.