Creating End-To-End Solutions

Total Page:16

File Type:pdf, Size:1020Kb

Creating End-To-End Solutions Creating end-to-end solutions INTEGRATED MANAGEMENT REPORT 2017 panalpina.com About Panalpina CONTENTS The year in review The Panalpina Group is one of the world’s Key figures 1 leading providers of supply chain solutions. Highlights 2 The company combines its core products – Panalpina at a glance 4 Interview with the Chairman, 6 Air Freight, Ocean Freight, and Logistics CEO and CFO Our history 10 and Manufacturing – to deliver globally Our brand 11 integrated, tailor-made end-to-end solutions Vision, mission and values 12 for eleven core industries. Drawing on Products and industries 13 Five-year review 14 in-depth industry know-how and customized Information for investors 16 IT systems, Panalpina manages the needs Strategic overview Panalpina strategy 18 of its customers’ supply chains, no matter Delivery on our strategy 19 how demanding they might be. Energy and Integrated business model 20 Impacts and governance 21 Project Solutions is a specialized service of material topics for the energy and capital projects industry. Managing material topics 23 Stakeholders 28 Risk management 29 An integrated view The Panalpina Group operates a global of the business network with 500 offices in around Products 30 Regions 34 70 countries, and it works with partner Customers 38 companies in another 100 countries. Industry verticals 39 Panalpina employs approximately Information technology 43 Security 44 14,000 people worldwide who deliver People and sustainability a comprehensive service to the highest People and HR 45 Health and safety 48 quality standards – wherever and whenever. Community 50 Ethics and compliance 51 Quality 52 Environment 54 Corporate governance report 58 Compensation report 67 GRI standards 73 content index Panalpina Integrated Management Report 2017 ThePanalpina year in Integrated review Management Report 2017 panalpina.com 11 Key figures Net forwarding revenue Gross profit by product Gross profit by region Million CHF Million CHF Million CHF Air Freight • Europe • AirAir Freight • 639 Air Freight Europe530.3 530 2,919.82,920 Ocean639.4 Freight •A Americasmericas429 427 • OceanOcean Freight • Ocean Freight A428.9PAC 349 Logistics 2,074.22,074 427.2 •MEAC APAC • Logistics • 331 Logistics 348.8 90 Logistics 538.7539 331.1 • MEAC 89.7 Tons air freight transported (in ‘000) TEUs ocean freight transported (in ‘000) 2013 825 2013 1,495 2014 858 2014 1,607 5,533 2015 836 2015 1,594 NFR in million CHF 2016 921 2016 1,488 2017 996 2017 1,520 5% 7% 9% Reduction in total greenhouse gas emissions Reduction in total energy use Reduction in paper use compared to 2016 compared to 2016 compared to 2016 Panalpina Integrated Management Report 2017 The year in review panalpina.com 2 Highlights Panalpina expands Perishables Network Panalpina launched the global Perishables Network with a focus on 15 key countries and an ambitious plan to double that number by 2020. The network expanded through acquisitions of four companies specializing in perishables logistics—Air Connection in Kenya, Interfresh in the Netherlands, Cool Chain Group in Germany, and Adelantex and AD Handling in Belgium— strengthening Panalpina’s ability to offer complete, end-to-end solutions for customers in both origin and destination countries. Read more on page 41 (Perishables) Innovative customer portal is piloted in Air Freight Panalpina successfully piloted its new, fully automated online quotation and booking platform for ad hoc cargo with selected Air Freight customers. This new centralized digital platform will provide customers with a fast, simple and reliable online interface that enables informed decision-making by giving access to easy and instantaneous quotation and booking of ad hoc shipments globally. Read more at http://panalpina.mynewsdesk.com/news/panalpina- announces-launch-of-highly-innovative-and-industry-shaping- customer-portal-261148 Panalpina introduces Panprojects Carrier solution for heavy-lift cargo With this new carrier model Panalpina can oversee multimodal heavy-lift moves from fabrication to installation sites under one single contract that clearly governs all modes of transport. For customers like EPC (engineering, procurement and construction) companies and oil and gas majors, this offering with its unique legal framework reduces to an absolute minimum the commercial, technical and contractual risks that are inherent to the multimodal transport of project cargo. Read more at http://panalpina.mynewsdesk.com/pressreleases/multimodal- heavy-lift-moves-panalpina-offers-hassle-free-carrier-solution-2121044 Panalpina Integrated Management Report 2017 The year in review panalpina.com 3 Highlights continued EcoVadis awards Panalpina with gold rating for sustainability Panalpina received the highest rating from EcoVadis, an independent platform that invites companies to assess the environmental and social performance of their business partners. Panalpina was also recognized as being in the top 1% of those in the industry, and the top 2% of all 30,000 companies being assessed by EcoVadis on corporate social responsibility requirements. Read more on page 56 (Environment) SAP TM implemented in Germany Germany became the first large country where Panalpina implemented the new transportation management system, SAP TM, which will improve the company’s productivity and agility. With this successful rollout in Air and Ocean Freight, Panalpina demonstrated that the system is stable and scalable. Read more on page 43 (Information Technology) Panalpina strengthens Global Supply Chain Solutions offering Panalpina centralized its Supply Chain Solutions offering with plans to expand the existing team of experts and further invest in technology and infrastructure. Panalpina’s customers from across multiple industries will benefit from solutions that manage their supply chains from end to end and offer greater flexibility, customization, and visibility. Read more at http://panalpina.mynewsdesk.com/pressreleases/panalpina- centralizes-and-expands-global-supply-chain-solutions-offering-2330637 Panalpina Integrated Management Report 2017 The year in review panalpina.com 4 Panalpina at a glance Headquartered in Basel, Switzerland, Panalpina is organized into four regions covering six continents. CORPORATE EUROPE ASIA PACIFIC 449 4,574 3,897 AMERICAS MIDDLE EAST, AFRICA AND CIS 3,870 1,261 Panalpina Integrated Management Report 2017 The year in review panalpina.com 5 Panalpina at a glance continued OPERATIONAL HIGHLIGHTS Panalpina’s employees represent 120 nationalities, working in close collaboration in global teams to develop and implement end-to-end solutions that benefit their customers’ supply chains. Reduced consumption 18 bronze and 4 silver of electricity, heating LogEx certificates and paper awarded in 2017 Read more on page 57 Read more on page 32 Employees participated ERP Single Client in 400 activities for implemented in Global Sustainable 47 countries Action Week Read more on page 19 70 Read more on page 50 countries 500 2 30,000 m warehouse Fifth consecutive yearly offices worldwide under construction charter flight to an African in Singapore country for UNICEF 14,000 Read more on page 35 Read more on page 50 full-time equivalents (FTEs) worldwide 72% facilities covered by JDA unified warehouse management system 30 GDP certified warehouses specializing in pharmaceutical products 1st logistics company to join European Remanufacturing Council Panalpina Integrated Management Report 2017 The year in review panalpina.com 6 Interview with the Chairman, CEO and CFO Interview with Peter Ulber, Chairman of the Board of Directors; Stefan Karlen, President and Chief Executive Officer; and Robert Erni, Chief Financial Officer Panalpina will reach a major 995,900 milestone in 2018 by demonstrating tons air freight transported that the CHF 200 million investment in a new technology platform is headed 1,520,500 for success. TEUs ocean freight transported This will position the company among the top players to shape the future of our industry. Peter Ulber Chairman of the Board of Directors What were the highlights of 2017 for Panalpina? Peter Ulber: Our strategy is to place Panalpina amongst the top global logistics providers, and be in a position where we have every option to play an active role in the further anticipated consolidation of the logistics industry. We have achieved organizational stability, maintained financial strength and now built a scalable IT landscape to be even more competitive. Panalpina will reach a major milestone in 2018 by demonstrating that the CHF 200 million investment in a new technology platform is headed for success. This will position the company among the top players to shape the future of our industry. Panalpina Integrated Management Report 2017 The year in review panalpina.com 7 Interview with the Chairman, CEO and CFO continued In 2017, Air Freight reached new heights We rolled out our new transportation by transporting close to one million tons, management system for Air Freight the highest in our company’s history. and Ocean Freight in Germany, Stefan Karlen demonstrating that it can be implemented President and Chief Executive Officer successfully in a large country. Robert Erni Chief Financial Officer Stefan Karlen: In 2017, Air Freight reached new heights by Digitalization is one of the primary drivers in our industry, and transporting close to one million tons, the highest in our we see that as an opportunity to offer better, more transparent company’s history. Both profitability and EBIT for Air Freight services
Recommended publications
  • Nextgen WEALTH MANAGERS 30.06.2020
    ESG Swiss Equities Certificate NextGen WEALTH MANAGERS 30.06.2020 Objective & Strategy ESG Swiss Equities certificate invests in a financial and ESG criteria scored weighted index. The index tracks Swiss financially sound companies that generate investment performance and integrate corporate social responsability, ethics and sustainability characteristics in order to have a long term positive environmental, social, governance (ESG) impact. It aims to be a reference by providing a specific solution that allows capital markets to redirect investment flows toward a more sustainable economy. Only companies with a financial and ESG score equal or above the median are eligible for inclusion in the ESG Swiss Equities Index. The dynamic strategy is based upon a synthetic notional investment allocation and reallocation in the Index Components following a specific and monitored process of eligibility defined by NextGen Wealth Managers SA. Monthly Comment Classification In June, the ESG Swiss Equities certificate registered a performance of 2.78% compared to Asset Type Equities May's 2.78%. The certificate’s benchmark, the Swiss Performance Index (SPI), performed Region Switzerland positively at 1.55% against 2.86% in the previous month. Since the beginning of the year, the Style ESG Systematic two baskets stand at -8.11% for the certificate and -3.13% for the benchmark. Since inception, cumulated performances are respectively at 12.34% and 34.73% (representing annualized performances of 2.72% and 7.12%) for annualized volatilities of 13.07% and 9.59%. The portfolio's allocation in large capitalization companies remains around 36% against 9% in middle capitalization companies and 54% in small capitalization companies.
    [Show full text]
  • Julius Baer Multistock
    JULIUS BAER MULTISTOCK A SICAV UNDER LUXEMBOURG LAW PROSPECTUS 31 DECEMBER 2011 Subscriptions are validly made only on the basis of this Prospectus or the Key Investor Information Document in conjunction with the most recent annual report and the most recent semi-annual report where this is published after the annual report. No information other than that contained in this Prospectus or the Key Investor Information Document may be given. PROSPECTUS - 2 - JULIUS BAER MULTISTOCK TABLE OF CONTENTS 1. Introduction..................................................................................................................................................5 2. Organisation and management...................................................................................................................8 3. Investment objectives and policy..................................................................................................................10 4. Investor profile...........................................................................................................................................34 5. Investment limits........................................................................................................................................35 6. Special investment techniques and financial instruments ........................................................................41 6.1 Options on securities....................................................................................................................................
    [Show full text]
  • Rising Yields Benefit Rotation Trade
    Global CIO Office Rising yields benefit rotation trade Investment Monthly | Japan edition / Credit Suisse Securities (Japan) Ltd. | March 2021 Japan investment strategy Japan asset allocation Global investment strategy Reduce risk for a stable investment Neutral on global equities Paring back some risk portfolio page 3 page 5 page 9 Important Information This report represents the views of the Investment Strategy Department of CS and has not been prepared in accordance with the legal requirements designed to promote the independence of investment research. It is not a product of the Credit Suisse Research Department even if it contains published research recommendations. CS has policies in place to manage conflicts of interest including policies relating to dealing ahead of the dis- semination of investment research. These policies do not apply to the views of Investment Strategists contained in this report. Please find further important information at the end of this material. Singapore: For accredited investors only. Hong Kong: For professional investors only. Australia: For wholesale clients only. Editorial In this issue Japan investment strategy 3 Reduce risk for a stable investment portfolio Japan asset allocation 5 Neutral on global equities Michael Strobaek Burkhard Varnholt Investment solutions 7 Global Chief Investment Officer Chief Investment Officer – Swiss Univer- Japan investment theme 2021: Pushing for a sal Bank carbon-free society In recent weeks, bond yields have stolen the limelight. In the Economics 8 USA, rapid progress with vaccinations and substantial addi- Much improved US outlook has driven global yields up tional fiscal stimulus led to a sharply improved growth outlook, lifting government bond yields there as well as globally.
    [Show full text]
  • We Love What We Do 2014 Annual Report 2014 Annual Report Annual 2014
    We love what we do 2014 Annual Report 2014 Annual Report Annual 2014 Straumann Holding AG Peter Merian-Weg 12 4002 Basel Switzerland www.straumann.com 00_00_STR_GB2014_GB_Umschlag_en.indd 1 09.03.2015 16:44:50 About Straumann Straumann is a global leader in tooth replacement solu- tions including dental implants, prosthetics and regener- ative products. Headquartered in Basel, Switzerland, the Group is present in more than 70 countries through its broad network of distribution subsidiaries and partners. 1 Rebecca Hesse SAP Coordinator 2 Susan-Ann Welzbacher Corporate Safety Officer 3 Julia Hirtle Spend Coordinator 4 Roland Scacchi Administrator 5 Alessandro Annicchiarico IT Support 4 7 1 2 3 5 6 8 9 6 Heather Stanton Web Editor IMPRINT Published by: Institut Straumann AG, Basel 7 Dave Koster Lab Business Development Concept and realization: PETRANIX Corporate and Financial Communications AG, Adliswil/Zurich 8 Raul Perez Talent Management Photography: AMX Studio, Alex Stiebritz, Karlsruhe Consultant on sustainability: sustainserv, Zurich and Boston 9 Sandra Schürmann Events Coordinator Certain design elements by Eclat, Erlenbach/Zurich Print: Neidhart + Schön AG, Zurich Basel, 26 February 2015 We have a global culture with more than 28 nationalities represented at our headquarters alone. The front cover shows a few examples. ©2015, Straumann Holding AG 00_00_STR_GB2014_GB_Umschlag_en.indd 2 09.03.2015 16:45:02 We love what we do 2014 Annual Report Highly motivated, creative employees, together with innovative products, solutions and commercial ap- proach es are the keys to Straumann’s ambition of being the provider of choice in tooth replacement. The theme photographs in this report all feature products that we introduced or rolled out in 2014 alongside some of the talented people who have been involved in bringing them to customers and patients.
    [Show full text]
  • Swiss Performance Index SPI® Price
    Swiss Performance Index SPI® Price Index Description The Swiss Performance Index SPI® Price measures the development of the more liquid and therefore tradable equity instruments listed on SIX. It usually serves as a benchmark for the overall Swiss equity market. The index has a variable number of components - currently 218, which are weighted by their freefloat market capitalisation. The index is standardised at 100 points on June 01, 1987. As of today the index covers roughly 99% of the Swiss Equity Market. Its benchmark the Swiss All Shares Index covers by definition 100% of that market. Index Performance Annual Index Return¹ 300 Year SPI All Share 270 2021 25.98% 26.13% 240 2020 0.61% 0.66% 210 2019 26.51% 26.51% 180 150 2018 -11.43% -11.34% 120 2017 16.37% 16.28% 90 2016 -4.67% -5.02% 60 2015 -0.25% -0.13% 30 2014 9.73% 9.80% 0 1998 2001 2004 2007 2010 2013 2016 2019 Swiss Performance Index SPI® Price Swiss All Share Index Price Risk and Return Profile Dividend Yield & Turnover YTD 3 Mths 1 Yr¹ 3 Yrs¹ 7 Yrs¹ 15 Yrs¹ SPI All Share Return Div. Yield SPI 16.65% 8.68% 22.59% 10.78% 6.01% 3.23% 2021 2.58% 2.58% All Share 16.74% 8.75% 22.65% 10.84% 6.00% 3.22% 2020 3.19% 3.19% Volatility 2019 3.10% 3.10% SPI 0.61% 0.50% 0.72% 0.58% 0.36% 0.28% 2018 3.20% 3.21% All Share 0.61% 0.50% 0.72% 0.58% 0.36% 0.28% 2017 3.09% 3.10% Tracking Err.
    [Show full text]
  • SPI Multi Premia® CHF (Total Return)
    SPI Multi Premia® CHF (Total Return) Index Description The SPI Multi Premia® CHF (Total Return) follows a smart beta strategy to outperform the Swiss equity market based on statistical patterns. Seven single-premium indices are calculated on the basis of the SPI. The components of the SPI Multi Premia index are the superset of all SPI Single Premium indices and weighted by equal contribution to risk. On December 31, 2003 the SPI Multi Premia® CHF (Total Return) was standardised at 100 points. As of today the index represents more than 5% of the freefloat market capitalization of the entire Swiss equity market. Its benchmark Swiss Performance Index SPI® Total Return covers 99% of that market. Index Performance Annual Index Return¹ 800 Year SPI Multi SPI 720 2021 33.93% 30.89% 640 560 2020 4.98% 3.82% 480 2019 28.25% 30.40% 400 2018 -15.55% -8.59% 320 240 2017 27.27% 19.98% 160 2016 7.54% -1.41% 80 2015 8.32% 2.68% 0 2004 2007 2010 2013 2016 2019 2014 12.12% 13.00% SPI Multi Premia® CHF (Total Return) Swiss Performance Index SPI® Total Return Risk and Return Profile Dividend Yield & Turnover YTD 3 Mths 1 Yr¹ 3 Yrs¹ 7 Yrs¹ 15 Yrs¹ SPI Multi SPI Return Div. Yield SPI Multi 21.50% 6.16% 34.28% 11.76% 11.05% 9.02% 2021 2.15% 2.58% SPI 19.66% 8.72% 25.98% 14.08% 9.28% 6.32% 2020 3.42% 3.19% Volatility 2019 2.96% 3.10% SPI Multi 0.70% 0.57% 0.76% 0.63% 0.37% 0.26% 2018 2.68% 3.20% SPI 0.61% 0.50% 0.72% 0.58% 0.36% 0.28% 2017 2.67% 3.09% Tracking Err.
    [Show full text]
  • Equities Switzerland Small & Mid Caps
    31 August 2021 Swiss Life Investment Foundation Equities Switzerland Small & Mid Caps Net Asset Value (NAV) in CHF (m): 65.73 Net asset value per entitlement in CHF: 142.34 Investment Strategy Performance Investment in equity securities from companies that are tracked by the Swiss Performance Index Extra. Active sector and securities selection. Company limitation: 5% (exception: if represented in the benchmark, max. 5% points above the benchmark weighting). Implementation via investment in Swiss Life iFunds (CH) Equity Switzerland Small & Mid Cap (CHF); investment funds under Swiss law in the category "Other funds for traditional investments". Evolution in reference currency (base value 100) Product information Swiss security number: 39561890 ISIN: CH0395618900 LEI: 254900QGENUS1GIJ4549 Bloomberg Code: SWLASMC SW Benchmark: SPI Extra TR Index (CHF) Currency: CHF Domicile: Switzerland Launch Date: 01/02/2018 Initial subscription price: 100.00 End of financial year: 30.09 Past performance is no indication of current or future performance. Issuing/Redemption: daily Deadline: 14.30 Issuing/redemption commission: none Performance in reference currency Distribution policy: Profit retention CUMULATIVE PERFORMANCE ANNUALISED PERFORMANCE Asset Manager according to Swiss Life Best Select Invest Plus®: YTD 1 MONTH 1 YEAR 3 YEARS 5 YEARS 10 YEARS INCEP. Privatbank Von Graffenried AG INVESTMENT GROUP 23.55% 2.43% 34.56% 11.31% - - 10.36% External consultation: PPCmetrics provide the following services: BENCHMARK 23.70% 2.49% 34.90% 11.60% - - 10.11% Advisory services relating to suitable mandate structure Support with selection of suitable asset managers and support with Statistical information ongoing monitoring of asset managers and 1 YEAR 3 YEARS 5 YEARS 10 YEARS INCEP.
    [Show full text]
  • Julius Baer Multistock Société D'investissement À Capital Variable
    Julius Baer Multistock Société d'Investissement à Capital Variable Annual Report as at 30 June 2015 (audited) Subscriptions are carried out solely on the basis of the current prospectus or the key investor information, in conjunction with the latest annual report and the latest semi- annual report if published thereafter. The articles of association, the valid prospectus and the key investor information, the annual and semi-annual reports, as well as the information based on the SFAMA guidelines on transparency with regard to management fees, may be obtained free of charge from the representative in Switzerland and/or from the respective paying agent. In case of differences between the German version and the translation, the German version shall be the authentic text. AN INVESTMENT FUND DOMICILED IN LUXEMBOURG Representative in Switzerland: GAM Investment Management (Switzerland) AG, Hardstraße 201, P.O. Box, CH - 8037 Zurich Paying agent in Switzerland: Bank Julius Bär & Co. AG, Bahnhofstraße 36, P.O. Box, CH - 8010 Zurich Paying agent in Germany: DekaBank Deutsche Girozentrale, Hahnstraße 55, D - 60528 Frankfurt / Main Information agent in Germany: GAM (Deutschland) AG, Taunusanlage 15, D - 60325 Frankfurt am Main Paying agent in Austria: Erste Bank der oesterreichischen Sparkassen AG, Graben 21, A - 1010 Vienna Trade and Companies Register number: R.C.S. Luxembourg B-32188 Contents Page Organisation and Management 4 Information on risk management (unaudited) 6 Audit Report 7 Report of the Board of Directors 9 Notes to the Annual Report
    [Show full text]
  • Swiss Performance Index Spi Price Index
    BENCHMARK INDICES 1 SWISS PERFORMANCE INDEX SPI PRICE INDEX Stated objective Key facts "The SPI Family comprises various indices compiled and published » "In order to achieve the stated index objective SIX Swiss Exchange by the SIX Swiss Exchange. The underlying share universe includes defines the general principles that govern the index methodology. approximately 230 equity issues. For a companys shares to be SIX Swiss Exchange publishes the index objective and rules for all included in the SPI universe, the company must be primary listed in indices. Switzerland and the shares must have a free float equal to or greater than 20 %. In 1998, all investment companies were taken out of the » Representative: the development of the market is represented by SPI Family and put into the specially designed Investment Index." the index » Tradable: the index components are tradable in terms of company size and market » Replicable: the development of the index can be replicated in practise with a portfolio » Stable: high index continuity » Rules-based: index changes and calculations are rule-based » Projectable: changes in rules are with appropriate lead time (usually at least 2 trading days) no retrospective rule changes" Descriptive statistics Index Market cap (CHF bn.) Components (CHF bn.) Component weight (%) Turnover (%) Full Free-float Mean Median Largest Smallest Largest Smallest Last 12 months Swiss Performance Index SPI Price Index 1,374,397. 1,218,423. 5886.1 485.4 239767. 1.6 19.7 0.0 N/A Swiss All Share Index Price Index 1,427,211.1 1,230,610. 5304.4 406.1 239767. 0.3 19.5 0.0 N/A Supersector weighting (top 10) Country weighting Risk and return figures1 Index returns Return (%) Annualized return (%) Last month YTD 1Y 3Y 5Y Last month YTD 1Y 3Y 5Y Swiss Performance Index SPI Price Index 52,65 55614.
    [Show full text]
  • Swiss Performance Index SPI 20 Total Return
    Swiss Performance Index SPI 20 Total Return Index Description The Swiss Performance Index SPI 20 Total Return measures the development of the Swiss Blue Chip equity market. The 20 largest and most liquid equity instruments traded at SIX are selected as components. The index composition is fixed to 20 shares which are weighted by their freefloat market capitalisation. Compared to the SMI no capping is applied. On June 30, 1988, the Swiss Performance Index SPI 20 Total Return was standardised at 1500 points. As of today the index represents more than 78% of the freefloat market capitalization of the entire Swiss equity market. Its benchmark Swiss Performance Index SPI® Total Return covers 99% of that market. Index Performance Annual Index Return¹ 900 Year SPI 20 TR SPI 810 2021 29.20% 30.89% 720 630 2020 2.79% 3.82% 540 2019 30.43% 30.40% 450 2018 -6.31% -8.59% 360 270 2017 17.79% 19.98% 180 2016 -3.38% -1.41% 90 2015 1.15% 2.68% 0 1996 1999 2002 2005 2008 2011 2014 2017 2020 2014 12.94% 13.00% Swiss Performance Index SPI 20 Total Return Swiss Performance Index SPI® Total Return Risk and Return Profile Dividend Yield & Turnover YTD 3 Mths 1 Yr¹ 3 Yrs¹ 7 Yrs¹ 15 Yrs¹ SPI 20 TR SPI Return Div. Yield SPI 20 TR 18.63% 8.94% 23.83% 14.68% 8.61% 6.03% 2021 2.80% 2.58% SPI 19.66% 8.72% 25.98% 14.08% 9.28% 6.32% 2020 3.36% 3.19% Volatility 2019 3.24% 3.10% SPI 20 TR 0.63% 0.53% 0.74% 0.60% 0.38% 0.29% 2018 3.45% 3.20% SPI 0.61% 0.50% 0.72% 0.58% 0.36% 0.28% 2017 3.29% 3.09% Tracking Err.
    [Show full text]
  • Ishares ETF (CH) Umbrella Fund Under Swiss Law of the “Other Funds for Traditional Investments” Type
    iShares ETF (CH) Umbrella Fund under Swiss Law of the “Other Funds for Traditional Investments” Type Prospectus with Integrated Fund Contract September 2018 Distribution in Switzerland and Liechtenstein iShares ETF (CH) Umbrella Fund under Swiss Law of the “Other Funds for Traditional Investments” Type Part 1: Prospectus This prospectus with integrated fund contract, the key investor information document (KIID) and the most recent annual or semi- annual report (if published after the latest annual report) serve as the basis for all subscriptions of units in the subfunds. Only the information contained in the prospectus, the key investor information document (KIID) and the fund contract will be deemed to be valid. BlackRock Asset Management Schweiz AG as the fund management company, is responsible for the content of this prospectus and declares that, according to their knowledge, the information contained in this prospectus is accurate and no material facts have been omitted. 1 Information on the Umbrella Fund and the Subfunds 1.1 General Information on the Umbrella Fund and the Subfunds iShares ETF (CH) is an umbrella fund under Swiss law of the “Other funds for traditional investments” type which was established under the Swiss Collective Investment Schemes Act (CISA) of June 23, 2006 and is divided into the following subfunds: Equity Index Exchange Traded Funds a) iShares SLI® ETF (CH) 1 b) iShares SMI® ETF (CH) 1 c) iShares SMIM® ETF (CH) 1 d) iShares Swiss Dividend ETF (CH) 1 e) iShares Core SPI® ETF (CH) 1 Bond Index Exchange Traded Funds f) iShares Swiss Domestic Government Bond 1-3 ETF (CH) 1 g) iShares Swiss Domestic Government Bond 3-7 ETF (CH) 1 h) iShares Swiss Domestic Government Bond 7-15 ETF (CH) 1 i) iShares Core CHF Corporate Bond ETF (CH) 1 The fund contract was originally drawn up by Credit Suisse Funds AG, Zurich, as fund management company and with the agreement of Credit Suisse AG, Zurich, as custodian bank, and submitted to the Swiss Financial Market Supervisory Authority (“FINMA”).
    [Show full text]
  • UBS 100 Index Price
    UBS 100 Index Price Index Description The UBS 100 Index Price Index measures the development large and mid equity instruments of the Swiss equity market. The 100 largest and most liquid shares are selected for the index. The index is a fixed component index. It differs from SPI Large Mid in the sense that there is no buffer applied in its component selection. On April 01, 1987 the UBS 100 Index Price was standardised at 100 points. As of today the index represents more than 98% of the freefloat market capitalization of the entire Swiss equity market. Its benchmark Swiss Performance Index SPI® Price covers 99% of that market. Index Performance Annual Index Return¹ 500 Year UBS 100 OR SPI 450 2021 25.94% 25.98% 400 2020 0.44% 0.61% 350 2019 26.99% 26.51% 300 250 2018 -11.24% -11.43% 200 2017 16.28% 16.37% 150 2016 -4.99% -4.67% 100 2015 -0.33% -0.25% 50 2014 9.63% 9.73% 0 1996 1999 2002 2005 2008 2011 2014 2017 2020 UBS 100 Index Price Swiss Performance Index SPI® Price Risk and Return Profile Dividend Yield & Turnover YTD 3 Mths 1 Yr¹ 3 Yrs¹ 7 Yrs¹ 15 Yrs¹ UBS 100 OR SPI Return Div. Yield UBS 100 OR 16.62% 8.75% 22.57% 10.91% 6.00% 3.20% 2021 2.60% 2.58% SPI 16.65% 8.68% 22.59% 10.78% 6.01% 3.23% 2020 3.21% 3.19% Volatility 2019 3.11% 3.10% UBS 100 OR 0.61% 0.50% 0.72% 0.58% 0.37% 0.28% 2018 3.22% 3.20% SPI 0.61% 0.50% 0.72% 0.58% 0.36% 0.28% 2017 3.11% 3.09% Tracking Err.
    [Show full text]