Are you guys already rebalancing to this Individual strategy or are the posted strategies just “the plan” at this point. I am/was looking on doing a rebalance now (end May), but can’t find the possibility on the App, apart from the standard strategies.
PS I’m an existing user and also open for referring others 
I didn’t find the feature either…
I switched my strategy and It’s going into effect tommorow.
You guys need to have the latest version of the app and then go to the box “Strategie” > Strategie anpassen > Fokus anpassen.
It should be there.
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You are correct Joey, The SMI lags the others according to JustETF data (lowest plot).
Thanks for the input 
Yep was just looking at the same chart 
But watch out! the fund you have, iShares Core SPI is not the one you are invested in with VIAC.
Take a look at this: https://www.six-swiss-exchange.com/downloads/indexinfo/online/share_indices/smi/smifamily_factsheet_en.pdf
The iShares SPI covers almost all listed swiss stocks but the Top3: Nestle Novartis and Roche still are a huge part of it
What VIAC is offering is the SPI Extra, basically the SPI minus large caps. So you dont have this problem with the Top3. You cant see this fund on justetf.
Yes, excellent point.
@Joey
yes, SMI/ SPI are poorly diversified, but at my 2% allocation the big 3 might be 0.6% each of my portfolio which is really no problem.
I hope the tickers are correct 
bit tricky these SMI/SPI/SLI
Seems the SPI Extra is interesting (this is from 2014 as per just ETC), similar outcome if you go back to 2010.
Maybe interesting…
I was already asking about it earlier in the thread. Basically SPI = SMI + SPI Extra.
Please don’t look at past performance as a main reason for your decision what to invest.
I don’t get it why when investing globally, you’re fine with market capping, but in Switzerland you have a problem with Nestle, Roche and Novartis. Yes, these are huge companies. If they split into 10 smaller companies, would you feel better? The logical market capped choice for Switzerland is SPI, not SPI Extra. Does VIAC offer the SPI anyway?
Is it still only App based or works on Browsers as well?
No Viac doesnt offer the SPI directly, you would have to create it out of Extra and SMI.
I just dont feel comfortable having such a heavy weighting of the top 3 in my viac portfolio. I am already exposed to Nestle Novartis and Roche via VT/VXUS at their appropriate market cap. Why overweight them again with viac?
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Your total exposure to the big three within VT is around 1%. Within SPI it’s 47%.
If you put 40% of your 3a into SPI, then the exposure will be 40% * 47% = 19%.
If you, however, go for SPI Extra, then you will have 40% exposure to very small companies, probably much more attached to the Swiss economy than NN&R.
Nestle is a multi-brand giant with factories in many countries. I can imagine it provides a better regional diversification than SPI Extra. What SPI Extra provides, is maybe a better industry diversification.
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The following statements are my opinions towards the swiss top3
Thats perfectly fine, exactly what I want
Not so good
Still too much.
3 companies, 19 % is imho too much for any portfolio.
I agree, however Nestle Roche and Novartis together have a big US exposure.
With SPI Extra you are not invested in some tiny companies, but invested in some suprisingly large companies. Lindt&Sprüngli, Lafarge Holcim etc. these are all big companies just not among the largest 20.
Dude, it’s not 19% in your whole portfolio, just in your pillar 3a, which should only be a small portion of your whole portfolio.
NN&R have a total market cap of $570 billion. Lafarge Holcim has $30 billion, Lindt has $17 billion. These are little kids compared to NN&R.
Anyway, either choice will be good. I just think you’re not being consequent. If you don’t like to put money in giants, then you should overweigh medium and small caps in your whole portfolio. Aren’t you uncomfortable that 2% of it belongs to Apple?
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I guess going with the SMI here over the SPI Extra wont make much difference, at the end of the day its just a personal preference/choice.
I additionally chose a 15% allocation in World Small Caps, so I am tilting even further towards small caps (within VIAC).
Oh I am absolutely not being consequent here, I know that.
It’s not that I don’t want to put my money in giants, its just that I don’t want to put it into the swiss big 3.
Apple has a market cap of 930billion and makes out 1,6% of VT, thats fine.
A while back I was toying with the idea of a 10-15% swiss allocation for my entire portfolio (see _MP’s 3 fund portfolio, minus the bonds part), I was going to use the SMIM or SPI Mid.
I don’t see anyone here recommending using ~15% SMI for this “home bias” part of the portfolio. Why? because its not diversified enough and NN&R are hugely over weighted. I took this same reasoning and applied it here. Of course we are talking about much smaller absolute numbers here so it doesn’t really matter. (max 6768p.a.)
With VIAC I am forced to have a 37% swiss equity allocation. SPI EXTRA seems like the best choice to me out of the available 3. If I could choose freely I would only pick World + EM, maybe a bit of SC.
They are not overweighted. They are market-cap weighted! And I’m not suggesting going for SMI, but SPI (if it’s at all available).
I think if you go for this, you give an even bigger bias to Switzerland, because the smaller companies are very often local companies. If you however include the biggest companies, you overweigh pharma and FMCG.
Hi all,
I’ve created a separate topic for VIAC referrals, so that this discussion can focus on the product & strategies.
I just got the answer from IB to my request to make SPI Extra available. You can trade it there now. Just search for its symbol CSS1
One share of the etf is worth 1800 CHF so it’s not very easy to rebalance if you invest small amounts.
It is also awailable on Swissquote but doesnt semm to be available in CT
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You are right of course. I guess I’m just not comfortable with market weighted Switzerland then. The SPI doesnt solve this issue for me.
@ChickenFat Oh wow thats cool, I didnt know you could just request stuff to get added. How long did it take?
I dindn’t know either. I just asked whether it can be bought or if not, why not?
First they said they’ll check if they can do it. After two or three weeks or so without news I asked again and after another week they asked me to check again if I can find it now. Maybe 3-4 weeks in total.
There have been other CSIF securities available when I asked, so maybe it was no big deal for them
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