A number of providers have some interesting news to report:
Swiss Life Investment Foundation
Swiss Life Investment Foundation has optimised its range of BVG/LPP-mix products. The Board of Trustees of the Foundation has decided to update the investment strategy and benchmarks of its existing range of BVG/LPP-mix investment groups (BVG-Mix 15, BVG-Mix 25, BVG-Mix 35 and BVG-Mix 45).
Bond content is to be reduced by 5%. The reallocation will decrease interest risks by some 20%. The funds released will be fully reinvested in alternative assets. The equities content is to remain unchanged.
Reichmuth & Co
Effective immediately, the investment funds of Reichmuth & Co will be traded at no fee. Brokerage fees which fell due previously will be waived.
These securities are characterised by an active investment approach; they are suitable for persons with a dynamic investment profile.
UBS Investment Foundation
UBS has altered the investment guidelines for its "AST BVG-40 Aktiv Plus" investment funds as follows: the neutral weighting for (unhedged) foreign equities has been reduced from 21% to 19%, while Swiss equities have been increased from 13% to 15%.
The reduction in foreign equities in favour of Swiss equities reduces foreign currency exposure from 27% to 25% and will enable Portfolio Management to follow a more active currency management approach.
For Liberty Foundation for Vested Benefits, the following investment groups:
have been exchanged for more advantageous tranches. These bear an additional "A2" designation and a new ISIN (CH0280933539 and CH0280933588), and are available immediately.
Existing clients do not need to undertake any action. The switch will be made by us automatically.
We are pleased to be able to pass on the lower TER cost advantage to our clients.
Banque Cantonale Vaudoise (BCV)
Our range of pension solutions in BVG/LPP Fund Invest has been expanded to include two attractive products from Banque Cantonale Vaudoise:
Both BCV Pension 25 BP, with a balanced investment profile, and BCV Pension 40 BP, for a dynamic investment profile, are now available for subscription via Liberty Foundation for Vested Benefits and Liberty Foundation for 3a Retirement Savings.
For further information please visit our Compare Invest website.