Notre avis sur BLKB iQ Responsible Vorsorge Balanced B
A passive balanced fund from a cantonal bank at 0.72% TER. Quietly competitive in a crowded market.
BLKB iQ Responsible Vorsorge Balanced B ranks #26 among 67 3a investment funds in Switzerland. It's the Basellandschaftliche Kantonalbank's responsible 3a fund with 44% equities and 54% bonds. The 0.72% TER is reasonable for a cantonal bank, and the passive approach sets it apart from most traditional bank offerings. A solid middle-of-the-road choice.
Are the Fees Competitive?
At 0.72% TER, BLKB sits in a sweet spot: cheaper than PostFinance (1.20%+) and traditional banks, but more expensive than digital platforms like frankly (0.44%) or VIAC (0.25-0.40%). On a CHF 50,000 portfolio, you're paying CHF 360 per year. That's roughly CHF 140 more than frankly but CHF 240 less than PostFinance.
The three-year return of +23.66% is surprisingly strong for a 44/54 equity/bond split, outperforming several funds with higher equity allocations. The passive strategy means low manager risk, and the five-year return of +15.54% reflects the bond headwinds of 2022. Overall, fair value for a cantonal bank offering.
What Actually Stands Out
The passive index approach from a cantonal bank is genuinely unusual. Most Swiss cantonal banks offer only actively managed 3a funds with higher fees. BLKB chose to track indices, which means lower costs and no manager underperformance risk. That's a progressive decision from a traditional institution.
The CHF 586 million fund size provides excellent stability. BLKB is state-guaranteed as a cantonal bank, adding an extra layer of institutional security. The responsible investing criteria screen for ESG factors across both equity and bond allocations, and the fund is available through BLKB's standard banking relationship.
What Most Reviews Miss
The three-year return of +23.66% outperforms Swisscanto's 45% equity fund (+21.75%) despite having a slightly lower equity allocation. This suggests BLKB's index selection and bond management have been slightly more efficient. Small differences in bond index choice and rebalancing timing can produce meaningful return gaps.
However, the five-year return of +15.54% is more sobering. That's roughly +2.9% annualized, which barely keeps pace with inflation. The 54% bond allocation acted as a drag during the rate-rising environment. If you're more than 10 years from retirement, this cautious allocation may cost you significant growth over time.
The Bottom Line
BLKB iQ Responsible is a standout among cantonal bank 3a offerings thanks to its passive approach and reasonable fees. It won't set performance records, but it offers honest, low-cost balanced investing from a state-backed institution. If you bank with BLKB, it's an easy recommendation. See how cantonal bank options compare in our guide to the best 3a investment funds in Switzerland.
Verdict: The best passive balanced 3a fund from a cantonal bank, offering fair fees and institutional stability for moderate-risk investors.
Avantages
- Good 3-year performance (+23.7%)
- No custody fee
- Large fund size (stable)
Inconvénients
- No swing pricing protection
Détails du produit
En un coup d'œil
- 44% stocks allocation
- TER: 0.72%
- Passive/Index strategy
- No custody fee
Fund Details & Allocation
Fund Details & Allocation
Allocation d'actifs
Actions
44%
Obligations
54%
Immobilier
2%
Stratégie d'investissement
Fonds géré passivement
Taille du fonds
CHF 586M
Banque dépositaire
UBS
Swing Pricing
Non
Frais et coûts
Frais et coûts
TER
0.72%
Frais de garde
Gratuit
Performance au fil du temps
Performance historique de ce fonds d'investissement. Les performances passées ne préjugent pas des performances futures.
1 an
+3.6%
3 ans
+23.7%
5 ans
+15.5%
Projection de retraite
Basé sur une cotisation max. de CHF 7’258/an, de 30 à 65 ans (35 ans), à partir de CHF 0.
Comparer avec des produits similaires
Questions fréquemment posées
- What is the maximum annual Pillar 3a contribution?
- For employees with a pension fund, the maximum is CHF 7,258 per year (2025). Self-employed without a pension fund can contribute up to 20% of net income, max CHF 35,288. These amounts are fully tax-deductible.
- What are the tax benefits of this Pillar 3a product?
- Contributions to BLKB iQ Responsible Vorsorge Balanced B are fully deductible from your taxable income. Interest and returns grow tax-free. You only pay tax at a reduced rate when you withdraw at retirement.
- Can I transfer to BLKB iQ Responsible Vorsorge Balanced B from another provider?
- Yes, you can transfer your 3a balance to BLKB iQ Responsible Vorsorge Balanced B at any time without tax consequences, and Cantonal Bank of Basel-Landschaft (BLKB) charges no transfer or closure fee.
- Should I choose a savings account or investment fund for my 3a?
- Savings accounts offer guaranteed returns with zero risk — ideal if you're close to retirement. Investment funds provide higher growth potential but with market risk — ideal for 10+ year horizons. Many Swiss residents split their contributions between both.
- Is the performance of BLKB iQ Responsible Vorsorge Balanced B guaranteed?
- No, investment fund returns are not guaranteed. Past performance of +15.5% over 5 years does not guarantee future results. Your capital can fluctuate with markets.
Comment nous avons évalué ce produit
BLKB iQ Responsible Vorsorge Balanced B a été évalué en tant que produit à l'aide de notre système de notation pondéré.
Les évaluations sont mises à jour mensuellement sur la base des dernières données disponibles. Tous les produits sont évalués selon la même méthodologie.
Prêt à ouvrir?
Ouvrez le BLKB iQ Responsible Vorsorge Balanced B aujourd'hui et profitez de ses avantages.