ZF launches three virtual stock portfolios

Ziarul Financiar is launching Portofoliile ZF (ZF Portfolios) today, a simulation of three different strategies for long-term investments in shares listed on the Stock Exchange. These will offer readers the possibility of tracking the trend of three different stock groups against the trend of the stock market indices and the way they react to economic news. At the same time, the purpose of the three portfolios will be getting better performances than market indices. “ZF Conservator” portfolio, targeting investments in shares with a lower risk profile than the market, currently includes the two largest listed companies, Petrom and BRD, and companies that are theoretically less vulnerable to economic fluctuations. “ZF Agresiv” portfolio groups several of the shares that have proven in the past they are more risky than the market average. “ZF Moderat” portfolio, targeting a medium risk level for a placement in shares, now includes medium-sized companies, whose performance matches the market pace most of the time. Since the beginning of this year, the three portfolios would have registered declines ranging between 20 and 25%, depending on the risk profile, while the BSE indices have posted drops of between 30 and 45%. The ZF portfolios will be periodically adjusted depending on the trend of the market, with the “trades” to be operated at the closing prices of the respective day. They will be published in each edition, on page four.