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It would have been interesting to hear the advisor's answer if he is not so convinced about the stock market, which carries great risks, but then offers you an equity fund that invests in precisely this risk, as he sees it.
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@Dividenden-Sammler who then typically replies: due to the broad diversification, you acquire fractions of hundreds of companies and thus cushion the risk. That's partly true, but it's still the stock market 😅 oh and of course active management
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@lawinvest but you can see that if you put your mind to it, you can really get the advisor swimming ...
Why does the ETF have no diversification compared to the fund?
The cost point (TER) clearly speaks in favor of the ETF.
Active management ... which fund manager has beaten its benchmark index over the long term?
and I think you can think of enough other questions that speak against the advisor's recommendation and he can hardly talk his way out of why the fund should be better.
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@Dividenden-Sammler I subscribe 100%