Pour cause de vacances, je ne vous avais pas fait de compte rendu le mois dernier sur la performance du determining portfolio. Il faut dire qu'il ne s'était pas passé grand-chose en juin. Là, je suis toujours à moitié en mode débrayage, mais vu que ça bouge beaucoup plus, et dans le bon sens, voici un très bref topo de la situation.
The determining portfolio closes this month of July with a pretty gain of 2.5%. This is in line with the expected profitability and even beyond. Despite the fall of the dollar against the CHF (-1.8%), the portfolio is almost on par with its benchmark index, the MSCI Switzerland (+2.7%). However, the American S&P 500 index performed very poorly in CHF, with a loss of 1.2%.
This gives us a performance in CHF since the beginning of the year of 13.7% for the determining PF, which thus continues to outstrip the Swiss market (+11.6%).
Notons encore que la volatility continue à être maintenue parfaitement sous contrôle, avec des chiffres qui font plus penser à des obligations gouvernementales qu'à des actions. Ceci permet de bénéficier d'un bien meilleur ratio Sharpe que le marché (qui mesure la rentabilité par rapport aux risques). Autrement dit, 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 (7.8% annual average against 7.0%).
MSCI Switzerland portfolio and index since 2010 (performance in CHF)
Portfolio Update
The determining portfolio will be updated shortly in the members section.
Discover more from dividendes
Subscribe to get the latest posts sent to your email.