Am I paying too much for my financial investments?
Many banks charge excessive deposit and transaction fees. There are also the fees incurred directly for the financial products used. These often amount to 1.5% per year or more for actively managed funds. It is possible to save a lot of money if you choose ETFs over active funds and move your portfolio to a cheaper bank. Over a ten-year period, a securities account containing 500,000 francs will rise in value by 31,000 francs more if the rate of net return can be increased from 2% to 2.5% thanks to lower fees. After 20 years, this figure would rise to more than 76,000 francs.