ZKB Fonds Zinsertrag Nachhaltigkeit Factsheet as of 30 September 2014 Fund Characteristics Indexed Performance Investment Focus Sector General Region Global Allocation Cash 4.57% Fixed Income 96.15% Equity 0.00% Others -0.72% Allocation: Adjusted to 100% 115 15% 110 10% 105 5% 100 0% 95 -5% 90 -10% 2009 2010 Risk Level 1 2 3 4 5 6 2012 Fund net p.a. 7 very low 2011 very high 2013 YTD Fund net Since fund inception or at the longest for the last five years Performance in % Sustainability Indicator A B C Since D E F 1m 3m 1yr 3yrs 5yrs Incept. 0.08 1.51 3.96 7.13 2.49 Annualised 3yrs 5yrs Incept. Fund net 2.32 0.49 1.00 2012 2013 YTD Fund net G 6.31 Fund Facts Swiss Sec. No. 3'929'945 ISIN CH0039299455 Fund Inception Date 31.07.2008 Fund Currency CHF Net Asset Value Shares Outstanding Fund Size Annual Performance in % Year 2009 2010 2011 CHF 962.33 Performance* 21.- -43.- -22.- 13.- -39.- 42.- in thousands 192.73 Performance 2.17 -4.27 -2.31 1.35 -4.03 4.59 n.a. million 185.47 Dividend* 22.- 15.- 19.- 22.- 20.- Last Dividend Pay. 04.12.2013 CHF 19.60 Dividend 2.21 1.45 1.96 2.29 2.03 n.a. 52-Week High CHF 962.33 Fund net* 43.- -28.- -3.- 34.- -19.- 42.- 52-Week Low CHF 919.21 Fund net 4.37 -2.81 -0.34 3.64 -2.00 4.59 Average Rating AA TER p.a. Benchmark 0.91% no benchmark TER p.a. refers to latest published annual- or semi-annual report. Zürcher Kantonalbank Asset Management is ISO 9001 certified. * in Fund Currency Year: Since fund inception or for the year Minor deviation in net performance can be caused by rounding errors Indexed Performance since Inception Key Figures 1 year 3 years 5 years annualised annualised annualised realised realised realised 2.07% 2.20% 2.93% 1.87 1.03 0.13 Modified Yield to Duration maturity 4.91 1.00% 120 115 Volatility Fund Sharpe Ratio 110 105 Fund 100 95 90 2008 2009 2010 2011 2012 2013 2014 Breakdown by Credit Rating Currency Allocation AAA CHF 28.14% 75.86% USD AA 34.16% A EUR 14.59% BBB 22.30% <BBB 0.82% No rating 0.00% 0% 10% 20% 30% 8.46% 40% 6.21% GBP 3.01% CAD 2.42% AUD 2.03% JPY 0.81% NOK 0.80% SEK 0.39% CNY 0.01% 0% 20% 40% 60% 80% Allocation refers to invested fund capital adjusted to 100% Breakdown by Sector 10 Largest Positions 3.25% Swisscom 2018 3.01% 3.625% Rabobank Nederland 2019 2.50% 3.25% Pfandbriefzen. Schweiz. Kantonalbanken 2019 1.92% 2.718% Telefonica Emisiones 2018 1.77% 1.25% Pfandbriefzen. Schweiz. Kantonalbanken 2022 1.72% 6.00% Instituto De Credito Oficial 2021 1.72% 5.90% Fondo De Amortizacion Del Deficit Electrico 2021 1.70% 1.00% Elsevier Finance 2018 1.65% 1.00% Banco Santander Chile 2017 1.64% 1.125% Freiburger Kantonalbank 2021 1.42% Number of positions 134 Financials 40.26% Government 34.96% Corporate Bonds 24.78% 0% 10% 20% 30% 40% 50% European SRI Transparency Logo The European SRI Transparency logo signifies that the fund management commits to provide accurate, adequate and timely information to enable stakeholders, in particular consumers, to understand the Socially Responsible Investment (SRI) policies and practices relating to the fund. Detailed information about the European SRI Transparency Guidelines can be found on www.eurosif.org, and information of the SRI policies and practices of the fund can be found at: www.zkb.ch. The Transparency Guidelines are managed by Eurosif, an independent organisation. The European SRI Transparency Logo reflects the fund management’s commitment as detailed above and should not be taken as an endorsement of any particular company, organisation or individual. Comments to the fund Risk Level The main criterion for the allocation is the annualised absolute standard deviation of the fund in Swiss francs. The annualised volatility of the last seven years is used as the baseline forecast for the coming 12 months (if the seven-year history is not available, the five- or three-year history is taken). The scale ranges from zero to seven: --- Volatility in % --Level from to Risk 0 0 1 virtually risk-free 1 1 4 low risk 2 4 8 moderate risk 3 8 14 medium risk 4 14 22 significant risk 5 22 32 high risk 6 32 45 very high risk 7 45 80 extremely high risk Sustainability Indicator The sustainability indicator assesses the sustainability of collective products, including both sustainable and conventional products. It provides the client with an indication of how the theme “sustainability” is reflected in his/her investment portfolio. Using data from the three dimensions of environment (E), reputation (S) and corporate governance (G), the so-called ESG criteria, the degree of an investment fund's sustainability is determined. Based on this indicator, investment funds are classified in sustainability categories ranging from A (the highest level) to G (the lowest level). The data used for the sustainability indicator come from independent organisations: GMI (assessment of corporate governance at companies), RepRisk (measurement of risk exposures of companies and projects) and Trucost (evaluation of the impact of corporate activities on the environment). In addition to all ZKB sustainability funds, investment funds can be grouped under category A only if they have incorporated into their investment process not only a comprehensive sustainability analysis but also exclusion criteria. Disclaimer This Publication is for information purposes only and does not explicitly target any person who by domicile or nationality is prohibited to receive such information according to applicable law. Investors are advised that past performance is not an indicator of current or future performance and that the performance data do not take account of commission and expenses charged on the issue and redemption of units. The ZKB funds are investment funds under Swiss law in the "Other funds for traditional investments" category and have been established under the Swiss Collective Investment Schemes Act. The Fund’s prospectus respectively key investor information, regulations and annual report may be obtained free of charge from the Fund Manager and the Custodian Bank. This document was produced by Zürcher Kantonalbank (“ZKB”) applying highest diligence standards in good faith. ZKB does not warrant any guarantee with regard to correctness and completeness and waives any claim for losses that may occur through the use of this information. This Publication is neither an offer nor a recommendation for the purchase or sale of financial products or financials services and does not discharge the recipient from his own judgement. Particularly, ZKB recommends that the recipient, if need be by consulting professional guidance, assess the information in consideration of his personal situation with regard to legal, regulatory and tax consequences that might be invoked. The present document is not the result of the department “financial analysis” as defined in the rules of the “Directives on the Independence of Financial Research” edited by the Swiss Bankers Association, hence these rules do not apply to this document. 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