The investment of capital is always associated with risks. Our company places great importance on the management of these risks. In terms of asset allocation, we always ensure sufficient diversification across the relevant asset classes. Additionally, we manage the asset classes tactically depending on the market situation. At the portfolio level, we minimize risk through a broad diversification of selected single securities. By use of our COMPASS system portfolio risks, down to the single security level, our fund managers have a real-time overview of all risks (e.g. the value-at-risk) and can act promptly. In risk controlling, we monitor client-specific investment guidelines, check legal investment limits and measure risk according to the Qualified Approach.  The risk model used at BHF-BANK has received the highest rating of the Federal Financial Supervisory Authority (BaFin). It allows us to view risk from various perspectives and provides a wide range of reports. As a result, you can rely on timely, active management of portfolio risks from our fund managers and risk experts.