Strategies Offered

Test winner 2020 in the big 3a fund comparison of Handelszeitung

For the second year in a row, VIAC’s strategies have been chosen as the test winner by Handelszeitung (article in German)! After 12x “very good” in 2019, we even received 14x the rating “very good” in the current year. In addition, we were able to occupy the entire podium in the category “for courageous 3a savers” (60 to 85% shares)! You too can rely on the excellent and favorable strategies of VIAC:

Investment Focus: Global

Strategy	Factsheet	Equity Weight	Year-to-date	Total Costs*	Base protection**
3a account (0.10% interest)	–	0%	0.01%	free	–
Account Plus Global	January 2021	5%	0.0%	free	inclusive
Global 20	January 2021	20%	-0.2%	0.17%	inclusive
Global 40	January 2021	40%	-0.2%	0.28%	inclusive
Global 60	January 2021	60%	-0.3%	0.40%	inclusive
Global 80	January 2021	80%	-0.3%	0.51%	inclusive
Global 100	January 2021	97%	-0.1%	0.51%	inclusive

Investment Focus: Switzerland

Strategy	Factsheet	Equity Weight	Year-to-date	Total Costs*	Base protection**
3a account (0.10% interest)	–	0%	0.01%	free	–
Account Plus Switzerland	January 2021	5%	0.0%	free	inclusive
Switzerland 20	January 2021	20%	-0.4%	0.17%	inclusive
Switzerland 40	January 2021	40%	-0.5%	0.28%	inclusive
Switzerland 60	January 2021	60%	-0.6%	0.39%	inclusive
Switzerland 80	January 2021	80%	-0.6%	0.51%	inclusive
Switzerland 100	January 2021	97%	-0.3%	0.54%	inclusive

Investment Focus: Sustainable

Strategy	Factsheet	Equity Weight	Year-to-date	Total Costs*	Base protection**
3a account (0.10% interest)	–	0%	0.01%	free	–
Account Plus Sustainable	January 2021	5%	0.0%	free	inclusive
Global Sustainable 20	January 2021	20%	-0.2%	0.18%	inclusive
Global Sustainable 40	January 2021	40%	-0.3%	0.30%	inclusive
Global Sustainable 60	January 2021	60%	-0.3%	0.42%	inclusive
Global Sustainable 80	January 2021	80%	-0.3%	0.54%	inclusive
Global Sustainable 100	January 2021	97%	-0.1%	0.59%	inclusive

* Total costs include the external product costs and the VIAC administration fee. The VIAC administration fee covers custody, administration and transactions and amounts to 0.52% per year. For a given strategy, the fee is charged only on the portion of assets that the strategy invests in equities, real estate, commodities, …, not on the portion of assets that the strategy assigns to the interest bearing savings account. As a result, strategies that invest more into the savings account have lower total costs.

** In the event of disability or death, you now receive up to 25% in addition to your pension assets. For every CHF 10’000 of assets invested in securities (calculated on the basis of the previous month), VIAC will provide you with free insurance coverage of CHF 2’500 (max. CHF 250’000) in the event of death or disability (70% – degree of disability). You can find more information in the app under the product VIAC Life.

Selection Process

The Terzo Pension Foundation of WIR Bank has applied the following selection criteria to determine the index investments used:

Benchmark

Each index investment is strongly oriented towards an underlying benchmark index. In order to ensure that the individual strategies are globally diversified and sensibly distributed according to asset classes and regions, the appropriate benchmark indices must be selected beforehand. Note that this preselection is not always obvious: For example, the SMI, SLI, SPI and SMIM all reflect the Swiss stock market, but they all differ greatly in terms of diversification and risk/return profile.

Quantitative Characteristics

In order to reflect the preselected benchmark indices as well and as cost-effectively as possible, the following quantitative criteria are used: product fees, trading liquidity, tracking error (deviation from the benchmark), and trading spread. These characteristics are regularly checked and guarantee an optimal and customer-oriented choice of the index investments used.

Tax Influences

In addition to quantitative criteria, tax influences also play an important role. Index funds are a major part of the investments used. These are not traded on the stock exchange and are therefore not subject to stamp duty. In the case of the remaining investment products (ETFs), stamp duty is due, but it is also reduced by VIAC’s intelligent offsetting system (see Academy).

Replication

Last but not least, the type of replication also influences the selection. Where possible, physically replicated funds are implemented. They effectively invest in the stocks of the underlying benchmark index. Investments in synthetically replicating products are avoided if possible since they are exposed to counterparty risk.

Asset List

Name	Details	ISIN	Currency	TER	Factsheet
Liquidity
3a Account	Liquidity WIR Bank	–	CHF	–	–

Bonds Switzerland
CSIF CH Bonds AAA-AA	SBI AAA-AA	CH0033846350	CHF	0.00%	Factsheet
CSIF CH Bonds Corporate	SBI Corporate	CH0281860111	CHF	0.00%	Factsheet

Bonds World
CSIF World ex CH Gov. Bonds	CGBI WGBI ex Switzerland	CH0033210086	USD	0.01%	Factsheet
CSIF World ex CH Corp. Bonds	BBG Barcl. Glob. Aggr. Corp. ex CHF	CH0189955260	USD	0.00%	Factsheet

High-yield Bonds
CS Global High Yield	BBG Barclays Global High Yield Corp.	LU0340004091	USD	0.12%	Factsheet
CSIF Emerging Market Bonds	JPM EMBI Global Diversified	CH0259132105	USD	0.08%	Factsheet

Equity Switzerland
CSIF SMI	SMI	CH0033782431	CHF	0.00%	Factsheet
UBS ETF SLI	SLI	CH0032912732	CHF	0.20%	Factsheet
CSIF SPI Extra	SPI Extra	CH0110869143	CHF	0.00%	Factsheet
UBS ETF MSCI Switzerland IMI SRI	MSCI Switzerland SRI	CH0368190739	CHF	0.28%	Factsheet

Equity Developed Markets
CSIF Europe ex CH	MSCI Europe ex Schweiz	CH0037606552	EUR	0.01%	Factsheet
iShares Core S&P 500	S&P 500	IE00B5BMR087	USD	0.07%	Factsheet
CSIF US – Pension Fund	MSCI USA	CH0030849712	USD	0.00%	Factsheet
iShares Nasdaq 100	Nasdaq 100	IE00B53SZB19	USD	0.33%	Factsheet
CSIF Canada	MSCI Canada	CH0030849613	CAD	0.01%	Factsheet
CSIF Pacific ex Japan	MSCI Pacific ex Japan	CH0030849654	USD	0.00%	Factsheet
CSIF Japan	MSCI Japan	CH0030849647	JPY	0.00%	Factsheet
CS Global Dividend Plus	MSCI World	LU0439730705	USD	0.12%	Factsheet
CSIF World ex CH – Pension Fund	MSCI World ex CH	CH0032400639	USD	0.00%	Factsheet
CSIF World ex CH hedged – Pension Fund	MSCI World ex CH	CH0198191493	CHF	0.00%	Factsheet
CSIF World ex CH Small Cap – Pension Fund	MSCI World ex CH Small Cap	CH0214967314	USD	0.09%	Factsheet
CSIF World ex CH Small Cap hedged – Pension Fund	MSCI World ex CH Small Cap	CH0214968353	CHF	0.09%	Factsheet
UBS ETF MSCI EMU SRI	MSCI EMU SRI	LU0629460675	EUR	0.22%	Factsheet
UBS ETF MSCI UK IMI SRI	MSCI UK IMI SRI	IE00BMP3HN93	GBP	0.28%	Factsheet
UBS ETF MSCI USA SRI	MSCI USA SRI	LU0629460089	USD	0.22%	Factsheet
CSIF US ESG – Pension Fund	MSCI USA ESG Leaders	CH0397628709	USD	0.02%	Factsheet
UBS ETF MSCI Pacific SRI	MSCI Pacific SRI	LU0629460832	USD	0.40%	Factsheet
CSIF World ex CH ESG	MSCI World ex CH ESG Leaders	CH0424136833	USD	0.03%	Factsheet

Equity Emerging Markets
CSIF Emerging Markets	MSCI Emerging Markets	CH0017844686	USD	0.09%	Factsheet
UBS ETF MSCI Emerging Markets SRI	MSCI Emerging Markets SRI	LU1048313891	USD	0.27%	Factsheet

Real Estate Switzerland
CSIF CH Real Estate	Immobilien Schweiz	CH0036599816	CHF	0.00%	Factsheet

Real Estate World
iShares US Property Yield	Immobilien USA	IE00B1FZSF77	USD	0.40%	Factsheet
CSIF Europe ex CH Real Estate	Immobilien Europa ex Schweiz	CH0032044684	EUR	0.01%	Factsheet
CSIF Asia Real Estate	Immobilien Asien	CH0032044791	JPY	0.01%	Factsheet
CSIF Real Estate World ex CH – Pension Fund	Real Estate World ex CH	CH0217837456	USD	0.01%	Factsheet

Commodities
CSIF Gold	Gold	CH0209106761	USD	0.09%	Factsheet

Alternative Investments
iShares Listed Private Equity	S&P Listed Private Equity	IE00B1TXHL60	USD	0.75%	Factsheet