Thanks Lost. Yes, your calculations confirm the figures I got also for H2 21. I tend to calculate their performance vs S&P 500 (because it is easier for me), but it may not be the best benchmark (I need to check their benchmark).
Anyway, interesting to see that they increased their FUM when the market was increasing and stabilised them (when the US market decreased by 5.3 % in January 22), which is probably the most important element.
