Nice unexpected Christmas gift from UBS
The MSCI World is now at 0.1% TER!
So do the SPI wich is like the Ishares version
See the news fees here:
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Not the ones I am looking for (SPMCHA, F1ESG), so just the ones where they had too much competition?
Thanks! This is nice.
I guess no change in the custody fees?!
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Nothing to announce at the moment, but I wouldn’t be surprised if a communication comes out (or the price list is updated) at the beginning of the year.
What would be their motivation to drop fees for the others? 
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Well, now that they own CS, they have economy of scale, so I guess their first thought would be to let the customer profit of that, naturally 
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This is quite cheap. Would be nice to see what are the custodian fees…
0.35%, and 1% on each transaction - these are unchanged.
Edit: 0.2% on “specific UBS Investment Strategy Funds”.
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Transaction fee, for funds with astronomical TER?
No that’s the custody fees for some of the UBS funds (don’t know which ones), if held in a UBS account as far as I understand it. UBS also dropped the TERs on many of their funds, which can be found on the first post of this thread.
The transaction costs are here, and they are very high which is why I’ve stopped buying in UBS for a while now.
I am not sure if this was reported already, so just posting it here.
It looks like UBS has further reduced their fees on key ETFs classified as CORE
They now have cheapest or matching lowest cost ETFs in all of the following categories (physical replication)
- MSCI World (0.06%), WRDUSY
- S&P 500 (0.03%), SP5USY
- Emerging market (0.15%), EMMUSA
- MSCI Europe (0.06%), EUREUA
- SPI Switzerland (0.09%) , SPICHA
- Also index fund SPI CH0348228609 (0.10%)
This is quite impressive for a Swiss provider. If only UBS can offer a Saxo type investment account as well, it would be great. For now we need to buy these on Saxo / IB / SWQ
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Interesting. But why would you prefer UBS to other ETF providers? Aren’t they known for their bad tracking error?
Probably not anymore, now that they absorbed CS xD
Well I don’t know about tracking error as I don’t really care about it . I think over long term TER% is a good indicator of where ETF performance will be compared to benchmark.
For last year -: looking at all top MSCI world ETFs, UBS is best performing and that kind of reflect the TER% difference
I think since UBS has reduced their fees as of 2024, they are quite good. But who knows what happens in future. For now I feel relatively comfortable
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Interesting. Can someone explain why JustETF shows major outperformance for SPICHA vs. CHSPI in 2025? Like, it was aligned with the TER difference in previous years, but something happened this year. It might be somehow related to the two ETFs paying dividends at different times (and UBS switching to different dates in 2025), but I can’t figure out how. I hope it’s just wrong data, because I was going to make a switch, but wouldn’t want to buy something that’s locally overpriced.
I think it’s justETF somehow missing the April 22 dividend of the iShares ETF.
According to the factsheets per end of May, the YTD performance of the index was 8.91%, UBS 8.88%, iShares 8.83%. justETF claims 8.87% for UBS (close enough) but only 7.94% for iShares. The April 22 dividend was 0.84%. And there doesn’t seem to be a significant NAV/market price difference.
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I also saw that but ignored it. There is no way anyone of them will outperform meaningfully. I just use SPICHA because it’s Swiss and I have this habit of supporting local as much as possible (unless it’s just too expensive )
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Swiss provider for the swiss home bias, is reasonable and should also be the natural choice imo (if there is not a big fee gap, which there is not here). No extra money for a US firm, if you have an equivalent swiss provider. You are indirectly strengthening your holding that way as well (UBS is like 5% of SPI).
There is not really a reason to choose ishares over UBS in my opinion.
Infinite money glitch 
Buy UBS fund for a fund which holds UBS
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Now I hope they cut the 0,25% fees on SRECHA but with absence of competition except a Swisscanto index fund it might stay a dream for a while