𝐏𝐨𝐫𝐭𝐟𝐨𝐥𝐢𝐨 𝐮𝐩𝐝𝐚𝐭𝐞 - 𝐩𝐚𝐫𝐭 𝟐
After selling various investments (see update part 1) I added $IUSN.DE and increased the stake in $TWEKA.NV (TKH Group) .
IUSN is a UCITS compliant ETF which tracks the MSCI World Small Cap Index which represents small caps across 23 developed market with 4056 constituents. Small caps have significantly unperformed large caps over the last couple years and in the wake of an economy that's starting to pick up steam again they are well set to perform really well over the next decade. The fund has a expense ratio of 0.35% but does lend out its shares which results in an additional income of 0.06-0.10% annually.
Additionally I increased the stake in TKH as according to most scenarios the company is able to provide us with a very attractive return. The company has large underlying tailwinds and even though there currently is some weakness in their vision and connectivity segments. Their investments are expected to really start paying of in the next years (the new Eemshaven factory etc.) while the stock is not really priced for any growth at all. I believe this is a very attractive entry point.... Show More
