Does True Wealth also use fractional shares?

Yes, first a clarification of terms: fractional shares can be used to purchase shares, ETFs, or index funds. This can make it easier for investors with a small investment amount in particular to access the financial market.

Since third pillar pension assets are held centrally by a pension foundation, as required by law, the securities can be traded in bundles on the stock exchange and then allocated to individual clients (this saves costs; for more information, see «Pooling & Netting»). This means that we can now also allocate fractions of ETFs or index funds to individual clients.

The advantage for our clients is that a high degree of portfolio diversification can be achieved even with a small investment amount.

Fractional shares cannot be used in unbundled wealth management portfolios because a separate securities account is opened for each client.