What happens in the event of insolvency of the fund-providing bank?

In the event of the fund-providing bank's insolvency, the investment instruments (ETFs and index funds) are considered special assets and are protected against bankruptcy. These securities do not fall into the insolvency estate but remain the property of the investor. In practice, however, this does not entirely prevent inconvenience, as it may take time to transfer the securities to another fund company.

Furthermore, since True Wealth is independent in its choice of investment instruments, there is no concentration risk, and the investment instruments are diversified among various providers – unlike several other wealth managers.