7Lun
Question: can't the outperformance of the fund simply be explained by the strength of the CHF?
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@Epi? the fund currency has almost no influence on the performance.
An MSCI World EUR and an MSCI World CHF have the same performance 😅, in euros... (as long as this is not headged)
It is just important that you convert both to the same currency.
They don't hold 80% cash but buy international equities.
In addition, their benchmark is the Bloomberg World Net Return Index in CHF and they have also pulverized it:
https://www.quantex.ch/de/anlagefonds/quantex-global-value-fund/chf-r/
An MSCI World EUR and an MSCI World CHF have the same performance 😅, in euros... (as long as this is not headged)
It is just important that you convert both to the same currency.
They don't hold 80% cash but buy international equities.
In addition, their benchmark is the Bloomberg World Net Return Index in CHF and they have also pulverized it:
https://www.quantex.ch/de/anlagefonds/quantex-global-value-fund/chf-r/
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