Neox portfolio US/EU increased by 24% last year, or 3% units less than the corresponding stock exchange for the full year. That represents 0.2% units in under-yieldper month. The portfolio and stock markets have developed at a large rate at the same rate. The portfolio, on the other hand, has a more stable development and resists stock market declines significantly better, which is a quality we see is a favourable value keeper in the longer term.
In the last 12 months, we have had 3 companies.
Neox analysis model also provides a picture of stock markets overall strength. We’re talking about attractiveness. Our attractiveness index (AIM) has been strikingly strong during the year and varied between 0.5 and 1 (ranges from 0 to 1).