Money sleeps on accounts in Switzerland. This is in any case what one might think by reading the results of a survey carried out by the online comparator Moneyland.ch, which questioned 1,500 people in German -speaking and French -speaking Switzerland on their financial habits.
According to the study, 82% of respondents retain part of their fortune in a private account, and 79% on a savings account. Even cash (68%) remains more used than conventional investment products. However, private accounts do not report anything, and the savings accounts very little. This does not prevent more than a third of respondents from declaring that they place a large part of their money on this type of account. “Having sufficient liquidity reserves on a savings account is generally judicious, for example to constitute an emergency fund,” suggests Dan Urner, expert in placements at Moneyland.ch.
Despite this general reluctance, the funds listed on the stock market (ETF) are becoming more and more democrating. 38% of those questioned say today, against only 17% in 2020. “ETFs are no longer a foreign concept for many investors”, explains Dan Urner. These funds reply world clues such as the MSCI World or the FTSE All-World. However, individual shares remain more widespread (42%), as are traditional investment funds (40%), often more expensive than ETF.
