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10 Financial Assets at Fair Value through Profit or Loss

In CHF million
    Notes   31.12.2021   31.12.2020
Debt securities       527   674
Equity securities       136   137
Investment funds – debt       1 518   1 752
Investment funds – equity       1 613   1 498
Investment funds – balanced       214   228
Real estate funds       2 717   3 034
Infrastructure investments       3 238   3 204
Private equity and hedge funds       24   14
Financial assets for the account and risk of the Swiss Life Group's customers   5    43 324   36 794
Total financial assets at fair value through profit or loss       53 313   47 336