We would like to inform you about an adjustment to our fund offering.
Following the withdrawal of a major anchor investor, several sub-funds of the “Tellco Classic” umbrella fund have been closed and are being liquidated in an orderly manner.
What does this mean for investors?
- This decision affects the following funds:
- Tellco Classic – Bonds CHF ESG
- Tellco Classic – Bonds in foreign currency ESG
- Tellco Classic – Swiss Equities CHF ESG
- Tellco Classic – Best Idea ESG
- Tellco Classic – Bonds in foreign currency ESG hedged
- Tellco Classic – Sustainable Heritage
- Tellco Classic – Inflation Protection ESG CHF hedged
- The full current value (100%) of the fund units will be returned to investors.
- The liquidation of the funds is already underway, and initial payments have already been made.
- The majority of the payout will be completed within the next two weeks.
- The remaining amount will be transferred upon completion of the liquidation.
- As part of the liquidation, no transaction costs are incurred for the redemption.
Alternative investment opportunities
The following passive investment alternatives are available to our clients. Investments in new funds can be made at any time.
For the purchase of the proposed replacement funds until the end of April 2026, no transaction costs (brokerage fees) will be charged.
| Replacement for | Replacement | ISIN |
| Tellco Classic – Bonds CHF ESG | iShares Core CHF Corporate Bond ETF | CH0226976816 |
| iShares Swiss Domestic Government Bond 3-7 ETF (CH) | CH0016999846 | |
| Tellco Classic – Bonds in foreign currency ESG hedged | iShares Core Global Aggregate Bond UCITS ETF, CHF hedged | IE00BD1JRY91 |
| Tellco Classic – Bonds in foreign currency ESG | iShares Core Global Aggregate Bond UCITS ETF, USD unhedged | IE000FHBZDZ8 |
| Tellco Classic – Inflation Protection ESG CHF hedged | Xtrackers II Global Inflation-Linked Bond UCITS ETF CHF Hedged | LU0641007421 |
| Tellco Classic – Swiss Equities CHF ESG | UBS SMI (CHF) ETF | CH0017142719 |
| UBS Core SPI (CHF) ETF | CH0131872431 | |
| Tellco Classic – Best Idea ESG | SPDR MSCI World UCITS ETF | IE00BFY0GT14 |
| Tellco Classic – Sustainable Heritage | UBS ETF MSCI World Socially Responsible UCITS ETF | LU0950674332 |
We are committed to broadly diversified investment solutions and actively support our clients in the realignment of their investments.
Our 3a and Vested Benefits team is happy to assist with any queries regarding the new investment opportunities and the closure of the funds.
Phone: +41 58 442 62 00
E-Mail: vorsorge3a@tellco.ch / fzs@tellco.ch
Frequently asked questions can be found here: FAQ – Adjustment of our fund range