Assets › gold
Gold — ETF / SGB
Below 12% forward floor — included only for diversification, excluded from optimizer by default.
Fwd expected return 11.0%
Annualised volatility 16.0%
Sleeve gold
Below floor Below 12%
Historical CAGR — trailing (not forward estimates)
| 1Y | 3Y | 5Y |
|---|---|---|
| 43.5% | 32.4% | 22.9% |
Trailing figures are inflated by the 2020-2025 bull market. Forward estimate (11.0%) is used for optimization.
Risk notes
Trailing 43%/32%/23% are RALLY ARTIFACTS dominated by one-off +74.5% in 2025 — do NOT extrapolate. Already corrected 20%+ off Jan-2026 peak. Honest forward ~10-13% INR (9% USD base + rupee slip), wide band. Non-yielding diversifier held for negative correlation in equity drawdowns, not the 12% claim.
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