diff --git a/CHANGELOG.md b/CHANGELOG.md
index a2817c07e..dc4079612 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -18,6 +18,10 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 - Improved the language localization for German (`de`)
 - Upgraded `ionicons` from version `7.4.0` to `8.0.10`
 
+### Fixed
+
+- Fixed the allocations by asset class for unknown asset classes on the allocations page
+
 ## 2.178.0 - 2025-07-05
 
 ### Changed
diff --git a/apps/client/src/app/pages/portfolio/allocations/allocations-page.component.ts b/apps/client/src/app/pages/portfolio/allocations/allocations-page.component.ts
index 6c3e2c962..37eeae61f 100644
--- a/apps/client/src/app/pages/portfolio/allocations/allocations-page.component.ts
+++ b/apps/client/src/app/pages/portfolio/allocations/allocations-page.component.ts
@@ -27,7 +27,13 @@ import { MatCardModule } from '@angular/material/card';
 import { MatDialog } from '@angular/material/dialog';
 import { MatProgressBarModule } from '@angular/material/progress-bar';
 import { ActivatedRoute, Router } from '@angular/router';
-import { Account, AssetClass, DataSource, Platform } from '@prisma/client';
+import {
+  Account,
+  AssetClass,
+  AssetSubClass,
+  DataSource,
+  Platform
+} from '@prisma/client';
 import { isNumber } from 'lodash';
 import { DeviceDetectorService } from 'ngx-device-detector';
 import { Subject } from 'rxjs';
@@ -63,6 +69,18 @@ export class GfAllocationsPageComponent implements OnDestroy, OnInit {
   };
   public deviceType: string;
   public hasImpersonationId: boolean;
+  public holdings: {
+    [symbol: string]: Pick<
+      PortfolioPosition,
+      | 'assetClass'
+      | 'assetClassLabel'
+      | 'assetSubClass'
+      | 'assetSubClassLabel'
+      | 'currency'
+      | 'exchange'
+      | 'name'
+    > & { etfProvider: string; value: number };
+  };
   public isLoading = false;
   public markets: {
     [key in Market]: { id: Market; valueInPercentage: number };
@@ -81,18 +99,6 @@ export class GfAllocationsPageComponent implements OnDestroy, OnInit {
     };
   };
   public portfolioDetails: PortfolioDetails;
-  public positions: {
-    [symbol: string]: Pick<
-      PortfolioPosition,
-      | 'assetClass'
-      | 'assetClassLabel'
-      | 'assetSubClass'
-      | 'assetSubClassLabel'
-      | 'currency'
-      | 'exchange'
-      | 'name'
-    > & { etfProvider: string; value: number };
-  };
   public sectors: {
     [name: string]: { name: string; value: number };
   };
@@ -237,6 +243,7 @@ export class GfAllocationsPageComponent implements OnDestroy, OnInit {
         value: 0
       }
     };
+    this.holdings = {};
     this.marketsAdvanced = {
       [UNKNOWN_KEY]: {
         id: UNKNOWN_KEY,
@@ -282,7 +289,6 @@ export class GfAllocationsPageComponent implements OnDestroy, OnInit {
       platforms: {},
       summary: undefined
     };
-    this.positions = {};
     this.sectors = {
       [UNKNOWN_KEY]: {
         name: UNKNOWN_KEY,
@@ -319,16 +325,6 @@ export class GfAllocationsPageComponent implements OnDestroy, OnInit {
       };
     }
 
-    this.markets = this.portfolioDetails.markets;
-
-    Object.values(this.portfolioDetails.marketsAdvanced).forEach(
-      ({ id, valueInBaseCurrency, valueInPercentage }) => {
-        this.marketsAdvanced[id].value = isNumber(valueInBaseCurrency)
-          ? valueInBaseCurrency
-          : valueInPercentage;
-      }
-    );
-
     for (const [symbol, position] of Object.entries(
       this.portfolioDetails.holdings
     )) {
@@ -340,12 +336,12 @@ export class GfAllocationsPageComponent implements OnDestroy, OnInit {
         value = position.valueInBaseCurrency;
       }
 
-      this.positions[symbol] = {
+      this.holdings[symbol] = {
         value,
-        assetClass: position.assetClass,
-        assetClassLabel: position.assetClassLabel,
-        assetSubClass: position.assetSubClass,
-        assetSubClassLabel: position.assetSubClassLabel,
+        assetClass: position.assetClass || (UNKNOWN_KEY as AssetClass),
+        assetClassLabel: position.assetClassLabel || UNKNOWN_KEY,
+        assetSubClass: position.assetSubClass || (UNKNOWN_KEY as AssetSubClass),
+        assetSubClassLabel: position.assetSubClassLabel || UNKNOWN_KEY,
         currency: position.currency,
         etfProvider: this.extractEtfProvider({
           assetSubClass: position.assetSubClass,
@@ -462,8 +458,8 @@ export class GfAllocationsPageComponent implements OnDestroy, OnInit {
         }
       }
 
-      if (this.positions[symbol].assetSubClass === 'ETF') {
-        this.totalValueInEtf += this.positions[symbol].value;
+      if (this.holdings[symbol].assetSubClass === 'ETF') {
+        this.totalValueInEtf += this.holdings[symbol].value;
       }
 
       this.symbols[prettifySymbol(symbol)] = {
@@ -476,6 +472,16 @@ export class GfAllocationsPageComponent implements OnDestroy, OnInit {
       };
     }
 
+    this.markets = this.portfolioDetails.markets;
+
+    Object.values(this.portfolioDetails.marketsAdvanced).forEach(
+      ({ id, valueInBaseCurrency, valueInPercentage }) => {
+        this.marketsAdvanced[id].value = isNumber(valueInBaseCurrency)
+          ? valueInBaseCurrency
+          : valueInPercentage;
+      }
+    );
+
     for (const [
       id,
       { name, valueInBaseCurrency, valueInPercentage }
diff --git a/apps/client/src/app/pages/portfolio/allocations/allocations-page.html b/apps/client/src/app/pages/portfolio/allocations/allocations-page.html
index 1436f6ab4..7153e2e53 100644
--- a/apps/client/src/app/pages/portfolio/allocations/allocations-page.html
+++ b/apps/client/src/app/pages/portfolio/allocations/allocations-page.html
@@ -70,7 +70,7 @@
           <gf-portfolio-proportion-chart
             [baseCurrency]="user?.settings?.baseCurrency"
             [colorScheme]="user?.settings?.colorScheme"
-            [data]="positions"
+            [data]="holdings"
             [isInPercent]="hasImpersonationId || user.settings.isRestrictedView"
             [keys]="['currency']"
             [locale]="user?.settings?.locale"
@@ -92,7 +92,7 @@
           <gf-portfolio-proportion-chart
             [baseCurrency]="user?.settings?.baseCurrency"
             [colorScheme]="user?.settings?.colorScheme"
-            [data]="positions"
+            [data]="holdings"
             [isInPercent]="hasImpersonationId || user.settings.isRestrictedView"
             [keys]="['assetClassLabel', 'assetSubClassLabel']"
             [locale]="user?.settings?.locale"
@@ -313,7 +313,7 @@
           <gf-portfolio-proportion-chart
             [baseCurrency]="user?.settings?.baseCurrency"
             [colorScheme]="user?.settings?.colorScheme"
-            [data]="positions"
+            [data]="holdings"
             [isInPercent]="hasImpersonationId || user.settings.isRestrictedView"
             [keys]="['etfProvider']"
             [locale]="user?.settings?.locale"
diff --git a/libs/ui/src/lib/portfolio-proportion-chart/portfolio-proportion-chart.component.ts b/libs/ui/src/lib/portfolio-proportion-chart/portfolio-proportion-chart.component.ts
index bc15ede04..1c5883d60 100644
--- a/libs/ui/src/lib/portfolio-proportion-chart/portfolio-proportion-chart.component.ts
+++ b/libs/ui/src/lib/portfolio-proportion-chart/portfolio-proportion-chart.component.ts
@@ -29,6 +29,7 @@ import { ArcElement } from 'chart.js';
 import { DoughnutController } from 'chart.js';
 import { Chart } from 'chart.js';
 import ChartDataLabels from 'chartjs-plugin-datalabels';
+import { isUUID } from 'class-validator';
 import Color from 'color';
 import { NgxSkeletonLoaderModule } from 'ngx-skeleton-loader';
 
@@ -245,9 +246,13 @@ export class GfPortfolioProportionChartComponent
       let lightnessRatio = 0.2;
 
       Object.keys(item.subCategory ?? {}).forEach((subCategory) => {
-        backgroundColorSubCategory.push(
-          Color(item.color).lighten(lightnessRatio).hex()
-        );
+        if (item.name === UNKNOWN_KEY) {
+          backgroundColorSubCategory.push(item.color);
+        } else {
+          backgroundColorSubCategory.push(
+            Color(item.color).lighten(lightnessRatio).hex()
+          );
+        }
         dataSubCategory.push(item.subCategory[subCategory].value.toNumber());
         labelSubCategory.push(subCategory);
 
@@ -344,8 +349,14 @@ export class GfPortfolioProportionChartComponent
                     align: 'end',
                     anchor: 'end',
                     formatter: (value, context) => {
+                      const symbol = context.chart.data.labels?.[
+                        context.dataIndex
+                      ] as string;
+
                       return value > 0
-                        ? context.chart.data.labels?.[context.dataIndex]
+                        ? isUUID(symbol)
+                          ? (translate(this.data[symbol]?.name) ?? symbol)
+                          : symbol
                         : '';
                     },
                     offset: 8