I am curious what non-individual “strategy” that you guys have chosen among what VIAC has proposed. You are also welcomed to share your individual strategy.
20% spi extra
10% reit ch
27% msci world ex ch
I wanted to do home bias (bc swiss franc is such a strong currency), but it was too much work in my overall portfolio: spi is to concentrated, mixing/ rebalancing smi/ smim is already to much work for me and i am not sure i would stay the course.
So I decided to do it in 3a, not in my IB account (only VT).
My VT being much bigger than 3a, it does not have a real effect on my overall portfolio. But that way i feel at peace.
I just use the default “Global 100” option and make sure with my IB account, that I’m close to my CH target allocation (20%) in regards of my total share allocation.
There are already a couple of threads with hundreds of answers. No need for a new one.
hey, I did search "viac strategy " under [Banks, Insurances & Third Pillar] and I only found 1 thread asking about the “individual strategy” with VIAC, as I am asking about the choice of the standard proposals from VIAC I consider it a differenct thing
I’ve got Global 100. Most of my 3rd pillar future payments are pledged to repay a 2nd mortgage in a interest only 3rd pillar account.
I just never bothered to optimize the asset allocation within the 3rd pillar.
Global 100 at VIAC, simple and easy. I’m planning to open a new account with Finpension for this year, I might get more experimental there and try something custom
Hi @yetanothername, is your 3a at Viac pledged to a mortgage? What is the value of the pledge to the mortgage bank, in relation to its current value? How does it work when during a “crash” the value of your 3a goes down? Does the mortgage bank somehow check the value of their “security”, like once a year or something?
I have two account with VIAC:
- 2020 : Global 100 Strategy that I paid monthly between May and December to reach the 6’826 CHF.
- 2021 : Global 100 Strategy that I lump sum today with the maximum amount of 6’883 CHF.
I stick with their Global 100 Strategy that is working perfectly for my first account (+10% in 2020).
Was not allowed, they forced me to take a 3rd pillar account (no funds) with them. It’s there to pay back the 2nd mortgage.
It was a good deal overall, so we went along. I will try to get it changed to a conservative fund with them eventually, but I cannot guarantee they will allow it.
All very good questions that I would also be interested in.
Banks calculate the LTV (lending value) of a portfolio according to their own valuation and forecast of a portfolio/stocks. The security margin applied in the Bank i work for is rather large, for the benefit of bank and debtor.
I personally doubt that a VIAC portfolio with a „global“ strategy can be pledged. And if so, the lending value would be rather small, easy only 20% of a portfolio.
cash only or a very conservative fund of the lending bank might work.
Thanks @TrickMcDave that’s helpful info.
I understand that banks would surely prefer a pledged cash account - I would too. I was interested to know if a 3a fund is an option, so potentially yes, but of course if it’s worth so little (20%) that’s not really much use.
An “expensive” but conservative 20% or so stocks fund is also not interesting for me.
And I think there are certain difficulties in case of a collateral shortfall (drop of 3a portfolio). If the lending bank issues a margin call, i.e. asks you nicely to immediately provide additional collateral, how would you do that in a 3a account if you already paid for that year? Pay more than the CHF 6883?
Has anyone a pledged 3a account that is invested in any funds/etfs/etc.?
I use only Global 100
Using the Global-sustainable 100 as it matches my way of thinking.
According to their factsheet, I’m loosing 0.1% doing that this year comparing to the Global 100. But won 0.4% over the last 3 years and 0.3% over the last 5 years.
I use the proposed Global 80. I’m curious if the Global 100 was actually recommended to anyone by their wizard? The main attraction of Global 80 for me was to have some real estate (5%) in there.
I’ve been wondering if I should go to Global 100 but I haven’t had the time to check how those two have performed when compared to each other and their tracking indices.
Take care what your intent is, to have 15% RE included.
I had G80 too, thinking RE would reduce volatility/risk somewhat, which is what Global 80 is sold for (“less risk than Global 100” for example).
In 2020 RE tanked even more than shares (-50%), and are a long way away from previous highs (still -15 to -30%).
(Something similar happened to a RE fund I had in 2008, btw, can’t say if that was normal in that crash (all RE funds) or bad fund choice)
I’m done with RE funds, compared to stocks - less profits in good times, more losses in bad times.
The Viac RE ETF’s are also funds of funds or REITs, which I don’t feel too comfortable with, just too opaque, each additional level will take their cut.
An ETF of a defined basket of shares is just more transparent.
Just my 2 cents.
Excellent points, thank you. I actually got burnt with a REIT some years ago. I need to look more into the Global 80 positions. There is another downside to this strategy and that is the 5% of gold which I’m not a huge fan of.
@LeStache I also looked into having some RE exposure in Viac with a custom allocation but in the end I settled for their global 100 strategy.
One of the reason was that the swiss RE funds (if they directly own their assets) are already relatively tax-efficient so it’s probably better to buy them on IB if you want and free up some tax-free space inside the 3a for more stocks.
Of course simplicity (or laziness if you want ) was also a big factor for me in favor of a non-custom allocation
2x Global 100 and started 2021 with a third with custom strategy
- 50% CSIF World ex CH - Pension Fund
- 47% CSIF World ex CH hedged - Pension Fund