3rd pillar investment solution from VIAC [2023]

[ma0]

Anyone knows a way to have a standard viac portfolio (in my case 80) without Real Estate? It has been a drag on the portfolio and I think it will continue to be for a while.
I can copy the original without it, but I wonder if there are downsides.

[Luk_nuts]

Yeah, you can choose your own strategy and pick for example 80% stocks and 20% cash.

Downside could be, that Real Estate suddenly performs much better.

[Ardius]

Speaking about VIAC Deals : I just signed with Dextra for juridic protection through viac deals.
For the same price, the coverage is better compared to my actual insurance.

VIAC-Rechtsschutz - Dextra Rechtsschutz

[FunnyDjo]

I’ve enquired about 3 topics with my Viac investment and got a response from the founder.

1. I want to invest without the 40% chf exposure that’s force me to invest in the msci world chf hedged etf which is not optimal due to forex conversion.

2. I wanted an etf more diversified reproducing MSCI ACWI IMI.
   Will it be possible to work on it in 2024 ?

3. I’d like to benchmark my investment with a Quality etf such as CSIF (CH) III Equity World ex CH Quality - Pension Fund DB
   https://finpension.ch/app/uploads/factsheets/CH0253609066_fact-sheet_en.pdf

@Dr. Jonas Gusset

1. The 60% limit on the foreign currency portion is a regulatory bandwidth and has been agreed with the Basel Foundation Supervisory Authority. In addition to a high proportion of CH equities, there is the workaround of using CHF-hedged funds (MSCI World ex CH or MSCI World ex CH Small Caps).
   We are already working on a comparable solution for free savings. The planned release is in the second half of 2024. There will then be no restrictive bandwidths - in other words, you could manage your total assets in such a way that the CHF-heavy allocation in pillar 3a is offset by the allocation in free savings. I hope that I have understood your question correctly, unfortunately no further workarounds are possible.

2. The MSCI World ex CH funds used are tax-optimized - i.e. they are completely tax-exempt in the USA and Japan. Unfortunately, there is no ACWI index fund among the CS or Swisscanto index funds. We could of course offer an ETF here, but this would not be tax-optimized, which is why this is not currently planned. However, you can easily replicate the ACWI yourself by creating a portfolio with the World fund and then adding emerging markets and, if necessary, CH equities.

3. I would be happy to add a fund based on the quality factor to our wish list. Implementation is dependent on demand, which is why I can’t make any promises here. Up to now, we have deliberately kept our fund universe manageable with a focus on the individual regions and occasionally also themes (Nasdaq or clean energy). The idea is not necessarily that we will offer products for every factor or every sector (and then, for example, also separately for different regions), but if demand is high we will be happy to look at this.

If I understand well, if more Mustachians are interesting on having a Quality factor etf added to Viac 3rd pillar, they could request it to SUPPORT@viac.ch to bump it to the top of their wish list.

[San_Francisco]

NASDAQ 100 isn‘t really a clearly distinguished „theme“ (neither geographically nor by sector).

[ma0]

Did anyone notice that VIAC pays dividends and then take it back, for example with Swisscanto US - IPF?
That ETF doesn’t have dividends in theory

[rolandinho]

Yes, Viac seems to pay out about a 0.5% dividend annually for CS US PF, even though it’s an accumulating fund, no idea the reason, maybe it’s the 15% wht refund that is paid out (with a delay), as by the time it’s refunded doesn’t belong to the current owners of the fund, but belongs to the owners of the fund 6M previously (or whenever the wht was withheld)?

At Viac, I’ve had payments made to me and then taken back, but this was due to errors, i.e. they paid me the dividends twice, then took back one of the two payments. Check for double payments, might explain your case too.

[Guillaume_GVA]

it’s the reimbursement of the Swiss withholding tax (accumulated income was subject to SWT)