The construction of the portfolio with more and larger holdings gives the portfolio more similarities to a currency account instead of a traditonal share account IF you only take into account the value converted to SEK.
7.09.2024
Change happens whether you like it or not
The size and quantity of our holdings plus the fact that they are all traded on the US stock exchange Nasdaq, the exchange rate is now the single biggest factor affecting the value of the portfolio converted to Swedish kronor (SEK). SEK is roughly 4.5% stronger against the US dollar (USD) today compared to the time when the portfolio value was ATH calculated in SEK. However, the portfolio continues to beat ATH measured in USD.
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