What makes you think that? He's not being maligned by anyone...
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•6Lun
@gamlasvensk Not bad, perhaps, but anyone who buys it "as a short-term bet", for example, or criticizes the "poor performance of the previous year" or the rules of its index, has thoroughly misunderstood its purpose...
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•@AlexBloch Well, someone once described it as a bet, but everyone can see it however they want. Basically, the thing is great and we'll see what the factor really brings in the future. In any case, it's a good and solid investment
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•6Lun
@gamlasvensk I have put together my own world portfolio from several ETFs, rather like Andreas Beck's GPO. Especially as the costs of 0.5% (Kommer) or 0.7% (GPO) for a few hundred thousand euros are far too high for me compared to the 0.16% of my own portfolio.
So far I am performing better than Kommer (20% instead of 16% after 1 year) and will continue to compare this. Ultimately, it will only be decided in 10 years' time whether Kommer really performs 1% better than the market average in line with its target, and thus makes up for its 0.5% p.a. costs...
So far I am performing better than Kommer (20% instead of 16% after 1 year) and will continue to compare this. Ultimately, it will only be decided in 10 years' time whether Kommer really performs 1% better than the market average in line with its target, and thus makes up for its 0.5% p.a. costs...
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•2Lun
@AlexBloch What does your portfolio look like?
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