Strategies Offered

Investment Focus: Global

StrategyFactsheetEquity WeightYear-to-dateTotal Costs*
3a account (0.20% interest)0%0.2%0.00%
Account Plus Global August 20195%1.1%0.00%
Global 20 August 201920%4.8%0.18%
Global 40 August 201940%7.9%0.30%
Global 60 August 201960%11.1%0.42%
Global 80 August 201980%14.6%0.53%
Global 100 August 201997%15.1%0.53%

Investment Focus: Switzerland

StrategyFactsheetEquity WeightYear-to-dateTotal Costs*
3a account (0.20% interest)0%0.2%0.00%
Account Plus Switzerland August 20195%1.1%0.00%
Switzerland 20 August 201920%5.0%0.17%
Switzerland 40 August 201940%8.9%0.29%
Switzerland 60 August 201960%12.6%0.41%
Switzerland 80 August 201980%15.9%0.54%
Switzerland 100 August 201997%16.4%0.55%

Investment Focus: Sustainable

StrategyFactsheetEquity WeightYear-to-dateTotal Costs*
3a account (0.20% interest)0%0.2%0.00%
Account Plus Sustainable August 20195%1.1%0.01%
Global Sustainable 20 August 201920%4.2%0.21%
Global Sustainable 40 August 201940%7.1%0.36%
Global Sustainable 60 August 201960%10.0%0.51%
Global Sustainable 80 August 201980%12.8%0.65%
Global Sustainable 100 August 201997%14.6%0.70%

* 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.

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

NameDetailsISINTrade currencyFactsheet
Liquidity
3a AccountLiquidity WIR BankCHF
 
Bonds Switzerland
CSIF CH Bonds AAA-AASBI AAA-AACH0033846350CHF Factsheet
CSIF CH Bonds CorporateSBI CorporateCH0281860111CHF Factsheet
 
Bonds World
CSIF World ex CH Gov. BondsCGBI WGBI ex SwitzerlandCH0033210086USD Factsheet
CSIF World ex CH Corp. BondsBloomberg Barclays Global Aggr. Corp. ex CHFCH0189955260USD Factsheet
 
High-yield Bonds
CS Global High YieldBloomberg Barclays Global High Yield Corp.LU0340004091USD Factsheet
CSIF Emerging Market BondsJPM EMBI Global DiversifiedCH0259132105USD Factsheet
 
Equity Switzerland
CSIF SMISMICH0033782431CHF Factsheet
UBS ETF SLISLICH0032912732CHF Factsheet
CSIF SPI ExtraSPI ExtraCH0110869143CHF Factsheet
UBS ETF MSCI Switzerland IMI SRIMSCI Switzerland SRICH0368190739CHF Factsheet
 
Equity Developed Markets
CSIF Europe ex CHMSCI Europe ex SchweizCH0037606552EUR Factsheet
iShares Core S&P 500S&P 500IE00B5BMR087USD Factsheet
iShares Nasdaq 100Nasdaq 100IE00B53SZB19USD Factsheet
CSIF CanadaMSCI CanadaCH0030849613CAD Factsheet
CSIF Pacific ex JapanMSCI Pacific ex JapanCH0030849654USD Factsheet
CSIF JapanMSCI JapanCH0030849647JPY Factsheet
CS Global Dividend PlusMSCI WorldLU0439730705USD Factsheet
CSIF World ex CHMSCI World ex CHCH0032400670USD Factsheet
CSIF World ex CH hedgedMSCI World ex CHCH0303759390CHF Factsheet
CSIF World ex CH Small CapMSCI World ex CH Small CapCH0233387429USD Factsheet
CSIF World ex CH Small Cap hedgedMSCI World ex CH Small CapCH0233387494CHF Factsheet
UBS ETF MSCI EMU SRIMSCI EMU SRILU0629460675EUR Factsheet
UBS ETF MSCI UK IMI SRIMSCI UK IMI SRIIE00BMP3HN93GBP Factsheet
UBS ETF MSCI USA SRIMSCI USA SRILU0629460089USD Factsheet
UBS ETF MSCI Pacific SRIMSCI Pacific SRILU0629460832USD Factsheet
CSIF World ex CH ESGMSCI World ex CH ESG LeadersCH0424136833USD Factsheet
 
Equity Emerging Markets
CSIF Emerging MarketsMSCI Emerging MarketsCH0017844686USD Factsheet
UBS ETF MSCI Emerging Markets SRIMSCI Emerging Markets SRILU1048313891USD Factsheet
 
Real Estate Switzerland
CSIF CH Real EstateImmobilien SchweizCH0036599816CHF Factsheet
 
Real Estate World
iShares US Property YieldImmobilien USAIE00B1FZSF77USD Factsheet
CSIF Europe ex CH Real EstateImmobilien Europa ex SchweizCH0032044684EUR Factsheet
CSIF Asia Real EstateImmobilien AsienCH0032044791JPY Factsheet
 
Commodities
CSIF GoldGoldCH0209106761USD Factsheet
 
Alternative Investments
iShares Listed Private EquityS&P Listed Private EquityIE00B1TXHL60USD Factsheet
UBS ETF Global Hedge FundHFRX Global Hedge Fund IndexIE00B53PTF40USD Factsheet