I've been investing in a Zurich actively managed savings fund since 2021, averaging 3.6% return. 1.5% AMC
I educated myself more since then and have been buying Vanguard ETFs on Degiro and Trade Republic.
Since 2022 my own Vanguard ETFs purcahsed from Degiro averaged 12% return. TER 0.07% and Degiro c. €1-€3 per transaction
I know past performance is no guarantee of future performance but am I right to just close my Zurich account at this stage. Both will have a 41% exit tax on profits.
Even switching to a fully equities fund with Zurich the 3 and 5 year annualised return has been nowhere close.
I educated myself more since then and have been buying Vanguard ETFs on Degiro and Trade Republic.
Since 2022 my own Vanguard ETFs purcahsed from Degiro averaged 12% return. TER 0.07% and Degiro c. €1-€3 per transaction
I know past performance is no guarantee of future performance but am I right to just close my Zurich account at this stage. Both will have a 41% exit tax on profits.
Even switching to a fully equities fund with Zurich the 3 and 5 year annualised return has been nowhere close.