10Lun·

I have now opted for a money market ETF for my nest egg.

27.08

Xtrackers II Overnight Rate Swap ETF C

Compró 73 a 143,18 €

10.451,85 €

12 Comentarios

Steve91@Steve91

10Lun

I haven't looked into it yet, is it better to leave it at TR and just get the 3.75 percent?

•

Play R.@Playrio

10Lun

@Steve91 With TR you only get the interest if you accept the TR IBAN. I don't do that. I have been using this ETF for many months and no longer have to worry about where I can get the best overnight interest rates. The basis for the interest rate is the €STR.

•

Maximilian@Max095

10Lun

@Playrio Exactly. And you save yourself the "overnight money hopping" 🙈

•

Kill_Baulitz@Johann_van_der_Smut

10Lun

@Playrio Why do you have a problem with the TR IBAN? Works 1a for me

••

Play R.@Playrio

10Lun

@Johann_van_der_Smut It's purely a personal feeling. I have the account with DB at TR and feel quite comfortable with it. But there's certainly nothing wrong with the TR IBAN. As I said, I don't need the interest with TR as I have my cash in the money market ETF. I think that's a great alternative.

••

Kill_Baulitz@Johann_van_der_Smut

10Lun

@Playrio it is too. But you won't get 3.75% afaik.

••

Play R.@Playrio

10Lun

@Johann_van_der_Smut After deducting the TER, it is currently 3.69. I can live with that.

•

Play R.@Playrio

10Lun

€STR + 8.5 basis points

••

McZed@McZed

10Lun

@Steve91 I also took a two-pronged approach here for a while, but recently sold the money market ETF as it makes no difference

••

“Klaatu_Barada_Nikto!“@Ash

10Lun

I parked there too. 🅿️🚗

•

Imperial_Trading_Company@Imperial_Trading_Company

10Lun

Can someone explain to me why $XEON almost mirrors the ECB's deposit rate, but money market ETFs that mirror other central banks do not? E.g. $DXS1 or $FEDF are subject to fluctuations and have poorer returns.
My idea was that ETFs denominated in other currencies should reflect the higher interest rates (US, UK). What am I missing?

•

DerMartin@DerMartin

10Lun

Unfortunately, the disadvantage for me is that Scalable always needs another 2 days to pay out the money after selling the shares...

••