An investment fund uses risk budgeting as part of its risk management process. Risk is calculated and monitored using delta-normal VaR at the 99% confidence level. The fund's total principal of EUR 100 million is invested across four asset classes comprised of European stocks, non-European stocks, European bonds, and non-European bonds. The total volatility profile of the fund is maintained at 5%. Information on the four asset classes is given below:

Asset class	Weight	Average return	Volatility	Correlation
				1 2 3 4
1 European stocks	40%	12.99%	9.25%	1.00 -0.05 -0.07 -0.03
2 Non-European stocks	12%	10.82%	11.91%	-0.05 1.00 0.02 -0.01
3 European bonds	22%	5.10%	5.76%	-0.07 0.02 1.00 0.02
4 Non-European bonds	26%	10.53%	11.94%	-0.03 -0.01 0.02 1.00

What is the sum of the risk budgets that should be allocated to the four asset classes?