This is our classic chart, plotting the NAV of Aphilion Q² - Equities since launch against the MSCI World Index in EUR (both with base value = 100). Aphilion Q² has been a pure world equity fund (excluding emerging markets) since the beginning. It has not been an easy period for stocks, but with an average yearly return of almost 7% through one of the worst financial crises ever, it has a solid track record.
All numbers used for this chart can be found in the table on the right.
Aphilion Q² - Balance
Our new subfund Aphilion Q² - Balance was launched in 2014 to meet a growing demand of investors for a less volatile version of Q². The fund consists of a portfolio that is an exact copy of the present successful Aphilion Q² - Equities fund, pooled with an equity market hedge in the form of short futures positions on major underlying stock indices (mainly the S&P 500 and the Eurostoxx 50).
Aphilion Q² - Balance will thus be a fund that loses most (in average: 75%) of the equity market induced volatility, and will reflect mainly the outperformance of Q² - Equities versus its reference index, the MSCI World Index in EUR, plotted in the graph below. In this way, the fund can be considered as a defensive mixed fund.