Magnet Investments

InveXtra

That the money was gone easy, when Lehman Brothers went down, came as a slap in the face. Similar to Thousands of bank customers fared. No day without new horror stories of investors who felt cheated and lied to by their banks went by since the collapse of the Bank on September 15, 2008. And lawyers are convinced: it is only a matter of time before the next huge scandal. “I knew no mechanisms that will prevent the entry of such scenarios,” says about lawyer Matthias Schroder from Frankfurt.For many investors protection certificates are works of the devil.

The papers are far too complex, that she declared a layman in a normal consultation and of this outraged is lawyer Bjorn weigh “then also still could be monitored” by the registry tree tab & Collegen. After a certificate test, the magazine “” came to the conclusion: “No one understands”. “We have looked at the terms of payment and are of the opinion that many of these products do not are likely to be sold the most private,” it says in the report.” FINANZtest recommends that Mutual funds, as well as the independent brokers InveXtra as an operator of the website, as these many advantages in offering security, transparency, yield and cost. Investors should therefore take the differences of financial products such as certificates and investment funds under the magnifying glass. Comparison of certificates and investment funds 1 credit funds is the invested capital as assets in bankruptcy of the fund company. This does not apply to certificates: in case of insolvency of the issuer, the investor can go completely blank. 2. Security investment funds offer investors security.

In addition to a State supervision (BFin), also the custodian is a control and monitoring function. In addition, the half-yearly and annual reports of the Fund be certified. Certificates examine only the prospectus by the BFin on completeness.

Tags: insurance & pension, money