Portfolio composition

At year-end 2020, the portfolio was divided as follows:

LDI (bonds and interest rate swaps)	24,7%
Mortgages	8,3%
High Yield Bonds/Private High Yield Debt	5,3%
Emerging Market Debt	1,5%
Bonds	43,6%
Real Estate	10,6%
Hedgefunds	5,8%
Cash	0,2%