The index launched 36% in application software just before the 2026 AI-agent selloff, and its stop-loss sold those holdings at the April lows, against its own methodology. Its successor selects quality stocks by published rules with no stop-loss and no discretion.

Resultado final: −7,8 % desde el 1 ene 2026, frente a +11,6 % de SPY.

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ACCE Quality Compounders

High-ROIC, wide-moat businesses compounding shareholder value through pricing power, network effects, and recurring revenue.