There we have it, FIRE leads to daytime drinking 
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Lol, thanks for pointing that out. But it’s the same for finpension. They are both using the CSIF fund umberella.
Look in the FAQ in the section “Dividendenguthaben erklärt” → https://finpension.ch/de/3a/faq/
I am wondering, there was a dividend payment on the 14th Apr, but hasn’t been allocated to equity (have 99% equities, now it’s been skewed a little bit towards cash), given I am only with Finpension since January I don’t have much experience, but would have imagined the dividends would have been allocated to equities on the weekly rebalancing.
Another note, paging the Quality Qrew, I have ~15000 in Finpension in the Quality fund, the dividend was 78CHF meaning the (internal) yield is ~2%, right?
The rebalancing takes place if the current allocation deviates from the target one by at least 1%. Not sure how they round things up. Pretty difficult to reach even +0.5% of cash above the target with just one distribution.
Cheers, makes sense.
These are reimbursements of Swiss withholding tax on dividends, 35%. So I came to 1.63% original dividend yield, which is low 
. No idea which units are eligible to receiving this refund, there might be some cut-off date or something.
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„Since 2019, Credit Suisse Index Funds (CSIF) have been accumulating. This means that interest and dividends are generally retained in the fund and reinvested.
And yet there is a distribution, which we have credited to you as follows: …“
MSCI‘s dividend yield (as calculated by MSCI) currently is 1.43%.
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Thanks, I’d seen that previously but wasn’t making sense of the numbers given the MSCI doc. And frankly still don’t make sense of it but it’s fine, it’s been a tough month at work with several late nights.
Those who put 99% World Quality: how is the performance until now? Any numbers? I am thinking if I should open another viac account global 100 or finpension with 99% Quality. I hope you guys can help me decide
While I would let others comment on actual realized gains, I am sharing a report which might be useful to understand how Quality factor has performed over the period 1999-2023
Important - this is history, doesn’t always mean future will be same / similar.
I think it’s important for investors to understand factor investing (quality is one of the factors). Factors should be used to tilt your portfolio to generate higher than market returns, but I think people tend to just invest in one of the factors seeking higher returns just because history said so. This is not always the best strategy. One needs to understand the underlying dynamics of each factor, set right expectations and then construct a portfolio.
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That’s me since starting late last year
My main portfolio of SSAC, CSSPX and VWRL have all done better, but let’s see long-term.
Past performance is not indicative for future results.
Nevertheless here’s my gains since I started mid last year:
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But that’s not 99% CSIF III Equity World ex CH Quality - Pension Fund DB
Because that one massively outperformed VWRL CHF for the period you show.
You’re right actually, I’d made an approximation of VT, I think I joined the Quality Qrew on February.
Just get it from the CS fundgate → location change | Credit Suisse Asset Management
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Maybe about my situation:
I have 2 Viac Accounts, 1 Frankly.
Viac 1: About 35k, Global 80, performance 18%, so far very satisfied
Viac 2: About 3k, Global 100, performance 9%, decent for the fact, that I just started in Januar 24.
Frankly: 96CHF, change to extreme 95 several months ago, hope to get to 100CHF and then transfer the money to VIAC.
I will open a 3rd pillar: finpension CSIF (CH) III Equity World ex CH Quality - Pension Fund DB
Is it recommend that i transfer all my 3rd pillar to finpension, so that I will have 4-5 3rd Pillars at finpension, and all of them are CSIF (CH) III Equity World ex CH Quality - Pension Fund DB?
What do you guys think? @assemblyrequired @Mirager @Abs_max
I’m guessing you meant to say 96k, not 96?
Yes, create a portfolio for each account you want to transfer. Don’t transfer the various accounts to 1 portfolio, as you can’t split them up again. Having 5 separate accounts/portfolios is advantageous from a tax perspective when you withdraw the money when retiring.
It’s not a problem to have multiple portfolios all with the same strategy. I have the same, one has only about 3k in it.
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You should not look at recent performance to make any judgments about investment decisions.
Else you should go 100% Nvidia or similar.
Past performance falls victim to recency bias. You need to understand why you do an investment and what are the expected returns of that. But those cant be judged by recent/past performance.
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