Depots for ETFs: costs down, returns up – economy


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Harald Freiberger

Twelve steps to the ETF

Low costs are a prerequisite for success on the stock market. In the long term, ETFs usually do better than conventional funds because the fees are significantly lower. Another important cost factor is the custody account: every investor needs one to keep his securities. Conventional banks and savings banks usually charge relatively high fees for this; one percent of the investment amount is not uncommon. So if you have invested 50,000 euros in securities, you can lose 500 euros a year, just like that. But it can also be cheaper: with direct banks that can only be reached online, and with brokers who specialize in the custody of securities. Many of them already offer ETF savings plans free of charge, and the fees for a one-off investment in ETFs are also falling. What to consider when choosing the provider.

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