Performance as of 31.12.2022

After a few very good years for our investments (2019,2020,2021) , we are closing 2022 with a loss of 10.1%. This corresponds roughly to the average of all pension funds in Switzerland. Bonds are down 15.6% and equities 19%. The shares of Swiss small and medium-sized enterprises (Swiss SMB) were the worst, with minus 25.2%, although this investment is still very positive in the long term (2015 to 2022 average 8.86%). The year 2023 has started well: equities are at +6.7% and bonds at +2.6% at the end of January.