With a net policy (also known as a “Nettopolice”), you invest in ETFs for retirement planning: without the 27.5% capital gains tax, commission-free, and with full compound interest.
You pay a one-time 4% insurance tax upon purchase, and the money is locked in for at least 10 years if you want it to remain tax-free.
The more affordable options on the market have a management fee of ~0.4% per year.
It’s important that it’s a double-net policy so that as few fees as possible are paid.
The specific products included vary by provider.
At ÖBV, for example, there are $GERD (+0,8%) and $D5V0 (+0,49%) to choose from.
Standard Live offers Dimensional Fund products.
What do we think of double-net policies?
Have you ever heard of them?
What are the downsides to putting a third or half of my assets into such an insurance-wrapped investment?
Here’s a comparison calculator:
