uberweston
New member
Hello SwissPersonalFinance community,
I'm looking to start investing in a S&P 500 ETF and would like to take your insights on the best approach in Switzerland. My main question is whether it's more advantageous to invest in an ETF denominated in USD or in CHF. For example, VOO is in USD but has a 0.03% OCF/TER instead of a 0.12% in CHF.
Additionally, I'm considering the platforms through which to invest. The two options I'm currently looking at are InteractiveBrokers and UBS. I already use IBKR. My preliminary analysis leads me to the UBS ETF, specifically the UBS ETF (IE) S&P 500 hedged CHF UCITS ETF. The reasons are :
Thank you in advance!
I'm looking to start investing in a S&P 500 ETF and would like to take your insights on the best approach in Switzerland. My main question is whether it's more advantageous to invest in an ETF denominated in USD or in CHF. For example, VOO is in USD but has a 0.03% OCF/TER instead of a 0.12% in CHF.
Additionally, I'm considering the platforms through which to invest. The two options I'm currently looking at are InteractiveBrokers and UBS. I already use IBKR. My preliminary analysis leads me to the UBS ETF, specifically the UBS ETF (IE) S&P 500 hedged CHF UCITS ETF. The reasons are :
- The management fee for this ETF has recently been reduced to 0.12% (quite reasonable).
- The ETF is denominated in CHF, which might be more favorable considering currency exchange risks.
- It is a capitalizing ETF, which could be beneficial for reinvesting dividends and compounding growth.
Thank you in advance!