How exactly does findependent monitor the investment solution? (Rebalancing)
Comment findependent surveille-t-il exactement la solution de placement? (r� � quilibrage)
On the one hand, we review the allocation of your investment solution to equities, bonds and real estate on a daily basis and, if necessary, restore the original allocation by means of rebalancing. Secondly, we constantly analyse the ETF market and see whether we can replace an existing ETF with a better, more favourable one in our ready-made findependent investment solutions and whether we want to adjust our ETF selection for putting together an own investment solution. This is how exactly rebalancing works: If an asset class (equities, bonds, real estate) deviates more than 5% from the original target weighting, we buy and sell the corresponding ETFs to restore the original allocation. In this way, we ensure that your investment solution is permanently in line with your investment profile. How often we actually have to rebalance depends on market developments. The more different the individual asset classes develop, the more often corrections have to be made. Since each new deposit is also invested in such a way that the asset allocation of the investment solution comes as close as possible to the target allocation, rebalancing is less frequently necessary when deposits are made regularly. Example: You have chosen the investment solution Balanced and your allocation looks like this at the beginning (target allocation): Equities: 60% Bonds: 28% Real estate: 10% Liquidity: 2% If the value of the equities increases significantly more than the value of the bonds and real estate, it is possible that the equities suddenly account for more than 65% of your investment sum. In this case, we sell certain equtities during rebalancing and buy bonds and real estate in order to return to the target allocation. With small investment sums (< CHF 2'000), a deviation of more than 5% can also occur.
D'une part, nous v� rifions chaque jour la r� partition de ta solution de placement entre actions, obligations et immobilier et r� tablissons si n� cessaire la r� partition initiale au moyen d'un r� � quilibrage. D'autre part, nous analysons en permanence le march� des ETF et voyons si nous pouvons remplacer un ETF existant par un meilleur, plus avantageux, dans nos solutions de placement fixes et ind� pendantes et si nous voulons adapter notre s� lection d'ETF pour composer notre propre solution de placement. Voici comment fonctionne exactement le r� � quilibrage: Si une classe d'actifs (actions, obligations, immobilier) s'� carte de plus de 5% de la pond� ration cible initiale, nous achetons et vendons les ETF correspondants pour r� tablir la r� partition initiale. Nous nous assurons ainsi que ta solution de placement correspond durablement � ton profil de placement. La fr� quence � laquelle nous devons effectivement r� � quilibrer d� pend de l'� volution du march� . Plus les diff� rentes classes d'actifs � voluent diff� remment, plus les corrections doivent � tre fr� quentes. Comme chaque nouveau versement est � galement plac� de mani� re � ce que la r� partition de la solution de placement se rapproche le plus possible de la r� partition cible, un r� � quilibrage est moins souvent n� cessaire en cas de versements r� guliers. Exemple: Tu as choisi la solution de placement � quilibr� et ta r� partition ressemble � ceci au d� but (r� partition cible) : Action: 60% Obligations: 28% Immobillier: 10% Liquidit� : 2% Si la valeur des actions augmente nettement plus que celle des obligations et de l'immobilier, il se peut que les actions repr� sentent soudain plus de 65% de ta somme investie. Lors du r� � quilibrage, nous vendons alors certaines parts d'actions et achetons des obligations et de l'immobilier pour revenir � la r� partition cible. Pour les petites sommes investies (< CHF 2'000), un � cart de plus de 5% peut � galement se produire.