ETF investors are familiar with the problem: finding out which individual securities are included in an investment instrument can only be done with great difficulty using factsheets and supplementary data tables.
Identifying overlaps in a portfolio used to be extremely time-consuming. True Wealth is now changing that.
True Wealth launches the «ETF Lookthrough». This tool allows clients to look through ETFs and index funds: The individual securities held in their portfolio, i.e. stocks and bonds, can be viewed instantly, displayed with just a few mouse clicks and searched.
This unique functionality is not only available to invested clients, but also to all other interested visitors to the website who would like to test True Wealth with a free virtual portfolio.
With the ETF-Lookthrough, True Wealth is once again setting a higher standard in asset management: «Trust and transparency are crucial for our clients. With this new function, we are giving them a tool to better understand the composition of their portfolio,»
explains Felix Niederer, CEO of True Wealth.
No distinction is made between investments in free (untied) assets and Pillar 3a. In addition to ETFs, index funds are also taken into account. For a more meaningful view of the investment risk, shares and bonds from the same issuer are shown in aggregated form.
The aspect of home bias, for example the tendency of some Swiss investors to invest disproportionately in Swiss stocks, is now also apparent to everyone with the tool. For example, the fact that an SMI investment primarily holds three local champions from the food and pharmaceutical sectors (Nestlé, Roche and Novartis).
The question of how much of your own assets are at risk in the event of a company insolvency (across the shares and bonds issued by the company) is also revealing. The tool also shows this optionally in a holistic view that combines free assets and Pillar 3a.
A simplified view of the review down to individual issuers can be seen here in the sample portfolio.
Featured image credit: edited from freepik
