How is my pillar 3a money invested?
When you invest your money in the Selma pillar 3a, it is allocated to an investment solution based on the strategy you have chosen. Selma collaborates with VZ (Vermögenszentrum) for pillar 3a.
How do I choose my investment strategy?
You can choose from 6 different investment strategies.
To help you pick the most fitting strategy, Selma marks the strategy that best suits your investor profile with a ⭐ during the pillar 3a account opening process
These strategies vary based on the maximum amount of investment made in equity ETFs. The higher the proportion of equities, the greater the short-term fluctuations can be. But your expected long-term return should also be higher.
Can I change my selected pillar 3a investment strategy?
Yes, you can change your pillar 3a investment strategy at any time and free of charge. All you have to do is send a chat message to the Selma support team and confirm which strategy you would like to switch to.
Please note that strategies 6 and 7 are only available if your investment horizon is longer than 10 years.
Where can I see how my pillar 3a money is invested?
You can track your investments at any time:
💻 from the web app: go to “Investments” – “Pillar 3a”.
📱 from the mobile app: go to “Portfolios” – “Pillar 3a”.
Does Selma make any adjustments to my pillar 3a investments?
Your selected investment strategy determines how the money you contribute to your pillar 3a account is invested. Our partner VZ carries out regular rebalancing to ensure that your investments remain in balance with your strategy. Apart from rebalancing, no other major adjustments are made to your strategy.
When do investments occur?
Investment transactions in pillar 3a occur once a week, usually on Mondays, provided the markets are open.
Does my investor profile influence my selected pillar 3a strategy?
No, it affects your recommended pillar 3a strategy.
Selma assists you in selecting the investment strategy that is most suitable for your investor profile. However, if you prefer, you can choose a different strategy. When you update your investor profile, the Selma support team will check if the recommended investment strategy for pillar 3a has also changed and will inform you if that is the case.
Does investing regularly in a pillar 3a account make sense?
Absolutely! Selma recommends making regular deposits to help you build your investment and better balance the ups and downs of the markets. At Selma, you have the freedom to choose whether you want to make your yearly pillar 3a contribution as one deposit or split it over several deposits.