Tuesday 31 December 2013

Personalized Index Fund C: December 2013

development personalized index fund P/E, P/B, ROE and dividend


The Personalized Index Fund C or PIF C was created by looking at four things. The P/E, the P/B, the dividend payment and ROE. So the lowest none negative P/E gave value 1 and the highest P/E alternatively the most negative gave value 30. The same was done with P/B, dividend and ROE. By adding the score together I ended up with a list of DAX companies where the lower the total score the better the company was. This "fund" was also started back on the 16.04.2013 just like PIF A and PIF B but I only look at the changes occurring with share prices and have not "bought" fake shares according to a specific sum of money like in PIF A. I then took the ten best company and pretended that I bought them.

The cheapest with added ROE parameter were:

DAIMLER
E.ON SE
MÜNCH. RÜCK
VOLKSWAGEN
ALLIANZ
DT BÖRSE
BMW
K+S
CONTINENTAL
LANXESS

The difference from PIF B is only three companies and as can be seen in the graph above the development has been pretty ok and it has developed (19%)almost as good as DAX being up 21%. It will be very interesting to see how this fund will develop over time.

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