3a investing

With a pillar 3a investment solution, your pension assets are invested in investment products such as funds or ETFs. This means the assets participate in developments in the financial markets and offer additional long-term return opportunities.

The value of the investments may fluctuate over time. The selected investment strategy should therefore suit your investment horizon, pension objectives and personal risk tolerance.

The Tellco investment solution is particularly suitable for people whose pension assets can remain invested for several more years and who want to build up long-term assets for retirement.

The longer the investment horizon, the more time there is to offset temporary market fluctuations. A more defensive strategy or an account solution may be more appropriate for a short investment horizon or a strong need for security.

Inflation reduces the purchasing power of money over time. In the long term, a broadly diversified investment solution offers the possibility of achieving a return that may exceed the interest earned on a conventional account.

No specific investment performance is guaranteed. The key factors are a suitable strategy, a sufficiently long investment horizon and broad diversification of the investments.

Tellco offers a broad investment universe comprising strategy funds, selected investment funds, thematic funds and ETFs. You can therefore choose either a predefined, broadly diversified strategy or tailor your pension investment more individually.

You can find the products currently available and details of their composition in the Tellco investment universe and in the relevant factsheets and product documents.

A Tellco strategy fund combines different asset classes in a broadly diversified portfolio. The available strategy funds differ primarily in their equity allocation and therefore in the balance they offer between stability and long-term return opportunities.

A strategy fund may be suitable for people who want a clearly defined core strategy without having to select and combine individual funds or ETFs themselves.

With a Tellco strategy fund, you choose a predefined and broadly diversified investment strategy. The composition is managed within the respective fund.

With the Select solution, you can build a more individual strategy from selected funds and ETFs. This option provides greater flexibility and is particularly suitable for people who want more control over their investment selection.

A suitable investment strategy primarily takes account of your investment horizon, financial objectives, and your willingness and ability to bear temporary fluctuations in value.

Tellco Vorsento enables you to select and manage your strategy digitally. You can also obtain personal advice if needed to help you assess the different investment options.

The equity allocation has a significant influence on how closely an investment strategy moves with the financial markets. A higher equity allocation offers greater long-term growth potential, but generally also results in larger fluctuations in value over time.

A lower equity allocation makes the strategy more defensive. The appropriate equity allocation therefore depends not only on your expected return, but also on your investment horizon and personal risk profile.

Diversification means spreading pension assets across different asset classes, regions, sectors and companies. This makes the portfolio’s performance less dependent on any single investment or market.

The Tellco strategy funds are globally diversified. The broader investment universe also offers various funds and ETFs for a more individual allocation.

The best short-term entry point cannot be determined reliably. For long-term pension provision, it is therefore often more sensible to implement the selected strategy consistently rather than waiting for a supposedly perfect market moment.

Regular contributions spread investments across different market phases. It is important that the strategy remains suitable for your investment horizon and risk profile even when markets fluctuate.

Fluctuations in value are part of an investment solution and may vary in magnitude depending on the strategy. A broadly diversified investment and a long-term planning horizon help put short-term market movements into perspective.

The strategy should be reviewed in particular when your personal circumstances, planned withdrawal date or risk tolerance change, rather than solely in response to short-term market movements.

Yes. You can adjust your investment strategy through Tellco Vorsento if your pension objectives, investment horizon or risk profile change.

A regular review can be particularly useful as the planned withdrawal date approaches or if your personal and financial circumstances change significantly.

According to the applicable fee regulations, no flat fee is charged for the Tellco strategy funds; product costs are stated as the Total Expense Ratio (TER). For the Select solution, the flat fee is a maximum of 0.45 per cent per year, in addition to the product costs of the selected investments.

Custody fees, transaction costs and any currency exchange fees are included in the flat fee. Stock exchange fees, stamp duties and expressly agreed advisory services may be charged separately. The current Tellco Pension 3a fee regulations provide the complete and binding overview.

Tellco Vorsento allows you to view your investments and the development of your pension assets online. You can also manage your investment strategy and access available documents digitally.

This gives you a central overview of your pillar 3a investment solution and enables you to review the next steps when your needs change.