Determinant portfolio: situation as of 01.05.2024

The determining portfolio closes this month of April with a loss of -2.8%, slightly better than its benchmark index, the MSCI Switzerland (-3.2%).

This gives us a performance in CHF since the beginning of the year of 8.8% for the determining PF. Despite the April decline, this is a very good result in just four months. This leaves the Swiss market far behind. Strategies Trading Auto Signal and Tactical Asset Allocation are through the roof, while Quality Value Momentum and Trading Auto Signal are a bit more behind, while still performing significantly better than the market.

It should also be noted that volatility continues to be kept perfectly under control, with figures that are more reminiscent of government bonds than stocks. This allows us to benefit from a much better Sharpe ratio than the market (which measures profitability in relation to risks). In other words, With equal risk, the PF still performed better than the market.

Determinant portfolio and MSCI Switzerland index since the beginning of the year (performance in CHF)

Performance since 2010 in CHF

Since its launch in 2010, The portfolio still maintains a slight lead over the Swiss market (7.4% annual average against 6.5%).

MSCI Switzerland portfolio and index since 2010 (performance in CHF)

Portfolio Update

The determining portfolio will be updated by May 2 in the members section. An asset change is planned.