valid from 14.01.2025
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Model portfolios – Swiss focus
Modest start
The year got off to a modest start overall. Persistently high inflation rates abroad, concerns about interest rate developments, ongoing uneven economic prospects and political uncertainties weighed on the financial markets. We therefore remain cautious. We currently see opportunities primarily in listed Swiss real estate funds. With a dividend yield of 2% to 3%, these are attractive in view of the very low capital market rates in Switzerland. Furthermore, the persistently high demand for real estate should limit the risk of a setback. We are therefore slightly overweight in Swiss real estate funds.