
In the following section, we have presented the facts regarding the results of our activities for you. Our aim is to generate a return of 10-15% p.a. over the long term, independently of developments on the stock markets. To achieve this, we accept short-term fluctuations.

The key data of the long-term view over the last two decades show a clear outperformance against the benchmark MSCI Europe IMI in the twenty years since its foundation: In this period, the index has increased fourfold, we have increased the value of our portfolio elevenfold. This corresponds to an annual increase of 6.8% for the index and 11.7% for FORUM.

"FORUM (blue) has outperformed the benchmark index in almost all periods, with the exception of the last 5 years. Since its inception in 2002, the return has been approximately 13% per year, compared with an increase in the benchmark index of approximately 8% per year. On a linear basis, this corresponds to an outperformance of approximately 5% per year."