December 31 is commonly used by investors around the globe to analyze the performance of their investments. This review shall guide investors IN the evaluation of their funds by showing them how the average equity, bond, or mixed-assets fund has performed in its respective peer group (Lipper European Classification). The year 2021 was a difficult year for investors around the globe, as the returns of many peer groups and their respective funds have been driven by the development of the underlying currencies against the euro. Therefore, the performance of a number of Lipper European Classifications does only partly reflect the