How can I properly interpret the returns chart?

How to read Vive's returns chart properly:

1. Start by choosing your risk profile

At the top of the chart you set a risk profile (for example VaR 18%). This determines how the portfolio is built — a higher risk profile generally means more equities and a greater chance of both higher returns and larger interim drops. All the figures in the charts adjust to the profile you select.

2. Look at the annual returns (bar chart)

Each bar shows Vive's return for a single calendar year. Pay attention to two things: the average across the years (which gives a realistic sense of what to expect) and the spread between good and bad years.

3. Look at the cumulative growth (line chart)

This line shows how a one-off investment of €10,000 would have developed over the years. This is where the compounding effect becomes visible: small monthly returns add up to a much larger end value. Focus on the long-term trend here, not on interim dips.

4. Keep the context in mind

The charts are based on historical data, not a forecast. Past performance is no guarantee of future results — what they do show is how the strategy would have behaved under different market conditions.

Tip: play around with the different risk profiles to see how both the expected return and the interim fluctuations change. That's the easiest way to get a feel for which profile suits your situation.

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