The Next Challenge is an educational game designed to promote a reasoned and sensible approach to investment and portfolio management. It is in no way an invitation to speculate, even if leveraged ETFs are available within the game, nor is it a recommendation to invest in any company or product whatsoever.
When building their portfolio, participants should keep a few simple basic rules in mind:
● Do not place too much importance on past returns, as past performance is not indicative of future results.
● There is no high performance without high risk. Diversification is essential to spread risk and build sustainable performance.
● Prioritize information from the source, such as company websites or product promoters. Be wary of information found on internet forums and social media.
Feel free to consult the AMF sections on investment and portfolio management. You can also refer to the Universal Registration Document (URD) of companies to learn about the risk factors associated with each of them.
These URDs can be viewed on the companies' websites.
This challenge is an educational game designed to promote a reasoned and sensible approach to investment and portfolio management. It is in no way an invitation to speculate, even if leveraged ETFs are available within the game, nor is it a recommendation to invest in any company or product whatsoever.
When building their portfolio, participants should keep a few simple basic rules in mind:
● Do not place too much importance on past returns, as past performance is not indicative of future results.
● There is no high performance without high risk. Diversification is essential to spread risk and build sustainable performance.
● Prioritize information from the source, such as company websites or product promoters. Be wary of information found on internet forums and social media.
Feel free to consult the AMF sections on investment and portfolio management. You can also refer to the Universal Registration Document (URD) of companies to learn about the risk factors associated with each of them. These URDs can be viewed on the companies' websites.
Individual Investor
● Each individual investor receives a virtual allocation of €50,000.
● Whether or not they join a club, the individual profile can participate in the challenges as an individual investor.
● Each individual profile has the option to entrust the management of their virtual allocation—for a minimum amount of €3,000 and a maximum of €30,000—to one or more clubs of their choice with the exception of the club they belong to.
* They can also join the challenge without using their individual profile, in which case they enter the competition as a club member.
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Règlement
Diversification rules:
We recommend the following best practices for diversification:
● Hold at least 10 assets
● Spread across at least four different business sectors
● No more than 15% of the portfolio in a single asset
Selection criteria for the Next Challenge:
● Gross performance over the period
● Risk-adjusted performance - Sharpe Ratio
● HHI
● Portfolio diversification – Asset
● Portfolio diversification – Sector
● Diversification ratio
● UCITS rules
● Use of information sources
● Quiz
● Communication via the individual profile Chat
● Use of the Dashboard
Selection criteria for the Euronext Trading Game:
● Gross performance over the period
● Risk-adjusted performance - Sharpe Ratio
● HHI
● Portfolio diversification – Asset
● Portfolio diversification – Sector
● Diversification ratio
● UCITS rules
Selection criteria for the ESG Challenge:
