Our Investment Performance



As experienced asset managers, we at Genève Invest value measuring the success of the investments we manage for our clients. In order to ensure the highest level of transparency, we have analysed the actual returns of our client portfolios and had the results and methodology audited by the auditing firms KPMG & BDO Switzerland.

Investment Strategies

Strategy
1

Fixed Income Portfolio

Client portfolios whose assets are invested in corporate bonds and/or investment funds which solely invest in corporate bonds.

Strategy
2

Income Plus Yield Portfolio

Client portfolios whose assets are invested to a maximum of 30% in equities, equity funds and alternative investments. The remaining assets are invested in corporate bonds and corresponding funds.

Strategy
3

Balanced Portfolio

Client portfolios whose assets are invested to a maximum of 70% in equities, equity funds and alternative investments. The remaining assets are invested in corporate bonds and corresponding funds.

Strategy
4

Dynamic Portfolio

More than 70% of the assets of these client portfolios are invested in equities, equity funds and alternative investments.

Investment Performance

Annualized performance for all client accounts of Genève Invest S.à.r.l. during the period of 2012 until 2016 (in Euro)*

KPMG Performance Results Chart

*The historic data is no guarantee of future performance. The above-mentioned performance results are net results (after deduction of all fees but before tax) and refer to all client accounts of Genève Invest S.à.r.l., the parent company of Genève Invest (Europe) S.A.. Genève Invest (Europe) S.A. is an independent company. However, it operates with the same expertise and methodology in the same investment universe.

Methodology

All client portfolios were divided into four investment strategies in accordance with their respective asset allocation. Then the performance of the four portfolios was determined for the following time period: From the 1st of January 2012 to the 31st of December 2016 (5-year period). The performance values were calculated in Euro based on market prices after charges and before taxes. Each determined yield result is valued based on time and volume. The individual portfolios are compiled as follows.

Management assertions

The performance values were determined on the basis of the following key assumptions:

  • The performance calculation was carried out in Euro on the basis of market prices after charges and before taxes.
  • The yield results correspond to volume-weighted values. Thus, the performance of a client portfolio with managed assets totalling 1 million Euro has twice as great an impact on the portfolio performance as a client portfolio with only 500,000 Euro under management.
  • The performance of the portfolios was calculated using a time-weighted methodology. Inflows and outflows from client portfolios were thus taken into account.
  • To allow time for the investment process, the performance was calculated for the quarter following the transfer of the assets. Such an approach is necessary since performance values concern actual realised values and not purely theoretical values.
  • The calculation of the portfolio performance encompasses all client accounts at Genève Invest in the respective category. Only around 1% of accounts were left out of the equation due to accounting reasons which would make accurately determining the performance unfeasible.


Confirmation by KPMG & BDO*

The renowned auditing firms KPMG SA (Geneva) & BDO Switzerland checked all the performance values determined by Genève Invest, including all accompanying statements from the management, in accordance with the International Standards on Assurance Engagements 3000 (ISAE) and drew up a report with their findings. KPMG & BDO confirm while taking into consideration the criteria specified by Genève Invest, that the performance figures of the various client portfolios for the period of the 1st of January 2012 until the 31st of December 2016 were properly calculated and presented. We will gladly provide a copy of the entire auditing report to those who are interested.

* KPMG International is a global network of legally separate and independent companies operating in the fields of auditing, tax advice and business/management consultancy and is based in Zug, Switzerland with operational headquarters in Amstelveen. The name of the company is based on its founders, Klynveld, Peat, Marwick and Goerdeler. With around 162,000 employees at locations in 155 countries and a total of USD 24.8 billion in turnover (2014)[4], KPMG is one of the ‘Big Four’ international auditors. The European group parent company, KPMG Europe LLP, has 32,300 employees across more than 143 locations and achieves turnover of EUR 4.997 billion (2012)[5], making it the largest auditing firm in Europe.

For BDO Switzerland 33 locations provide the basis for their national network. BDO offers the most extensive network of offices in the industry. The global BDO network is represented in 154 countries with 1,634 offices and more than 64,300 employees. BDO is the leading international network for medium-sized enterprises.