Investment performance

Return on investments (1)

Currency reserves
Swiss franc bonds
Total in CHF
Gold in CHF
Foreign exchange reserves
Total in CHF
Total in CHF
Currency return
Local return
1999
9.7%
9.2%
0.4%
0.7%
2000
3.3%
-3.1%
5.8%
-2.0%
8.0%
3.3%
2001
5.2%
5.3%
5.2%
-1.2%
6.4%
4.3%
2002
1.4%
3.4%
0.5%
-9.1%
10.5%
10.0%
2003
5.0%
9.1%
3.0%
-0.4%
3.4%
1.4%
2004
0.5%
-3.1%
2.3%
-3.2%
5.7%
3.8%
2005
18.9%
35.0%
10.8%
5.2%
5.5%
3.1%
2006
6.9%
15.0%
1.9%
-1.1%
3.0%
0.0%
2007
10.1%
21.6%
3.0%
-1.3%
4.4%
-0.1%
2008
-6.0%
-2.2%
-8.7%
-8.9%
0.3%
5.4%
2009
11.0%
23.8%
4.7%
0.4%
4.4%
4.3%
2010
-5.4%
15.3%
-10.1%
-13.4%
3.8%
3.7%
2011
4.9%
12.3%
3.1%
-0.8%
4.0%
5.6%
2012
2.3%
2.8%
2.2%
-2.3%
4.7%
3.7%
2013
-2.5%
-30.0%
0.7%
-2.4%
3.2%
-2.2%
2014
8.0%
11.4%
7.8%
2.6%
5.1%
7.9%
2015
-4.7%
-10.5%
-4.4%
-5.6%
1.3%
2.3%
2016
3.8%
11.1%
3.3%
-0.4%
3.7%
1.3%
2017
7.2%
7.9%
7.2%
2.9%
4.2%
-0.1%
2018
-2.1%
-0.6%
-2.2%
-1.5%
-0.7%
0.2%
2019
6.1%
16.3%
5.5%
-2.4%
8.1%
3.2%
2020
1.9%
13.5%
1.2%
-4.5%
6.0%
1.2%
2021
2.7%
-0.1%
2.9%
-0.6%
3.5%
-2.4%
2022
-13.1%
0.7%
-13.9%
-3.5%
-10.8%
-12.8%
2023
Q1 (2)
3.7%
7.8%
3.4%
-0.2%
3.6%
1.6%

(1) Cumulated returns, time-weighted daily.

(2) Values are not annualised.