What added value does the quirion investment solution offer me compared with a self-managed ETF portfolio?
If you do not know your way around ETFs and do not want to spend time managing your assets, quirion is exactly right for you. But even if you know ETFs well yourself, the quirion investment solution offers you important advantages:
- Fund selection. Even though ETFs „only“ track an index, the performance of the products of different providers can differ quite clearly. The quirion investment team picks the best products for you out of this vast range. If you buy a poor product on your own, the loss of return can already be higher than our fee.
- Strategic risk management. We check the composition of your portfolio continuously and keep your chosen risk level in place permanently. For a private investor, the monitoring and the reallocations that this requires are possible only with a lot of effort.
- Scientific portfolio. With a do-it-yourself solution you would as a rule rely on just a few ETFs. quirion, by contrast, invests in 13 different products and thus in more than 13,000 stocks and almost 2,000 bonds. Private investors cannot achieve such broad diversification. quirion also sets a focus on value stocks and small caps with high return potential – as a rule, private investors miss these sources of return as well.
- Costs. The quirion costs are in fact considerably lower again than you think, because we cover custody fees and trading costs for you. As a rule it is therefore not worth replicating our portfolio yourself: your costs for doing so would probably exceed our fee.
More questions in “About quirion”
Is there a quirion app?
Yes. quirion is available as an app for iPhone and for Android.
You can find it in the App Store and on Google Play. Search for “quirion”.
When you open your account, you can verify your identity directly in the app. That is the easiest way. Identity verification also works on your computer or at a Deutsche Post branch.
What can I do in the quirion app?
Your account is always with you in the app. The app is free.
You track your portfolio and its performance at any time. You set up savings plans, top up your investment or withdraw money again.
You manage individual, joint and children’s accounts in one place. Activities, transactions and documents are all in view there.
You can also open your account in the app. Video identity verification is easiest there.
You can find the app in the App Store and on Google Play. Search for “quirion”.
How safe is my child's account at quirion?
Safety means two things here: who owns the money and what happens in an insolvency.
Legally the assets belong to your child. The account is in your child's name and every payment in is a gift; until your child comes of age the legal guardians manage it as someone else's assets, separate from their own.
The account is held by Quirin Privatbank AG, which has a full banking licence and is supervised by BaFin. The funds invested in are ring-fenced assets, legally separate from the fund company's own assets. If the fund company, the bank or quirion became insolvent, the fund units would remain your child's. Cash on the settlement account is a deposit and is covered by the statutory deposit guarantee, up to €100,000 per customer.
None of this protects against market movements: the value of the investment can fall, and losses are possible.
Can I invest capital-forming benefits (VWL) with quirion?
So far, we do not offer an option to invest capital-forming benefits.
However, we are already working on a possible offering in this area.
How can quirion have an intelligent investment concept when fund managers generally "cannot beat the market"?
In fact, we do not claim to be smarter than the other professionals. But it may sound paradoxical: this is precisely what makes our concept so intelligent. We do not waste your fees on expensive analysts and star fund managers, whose assessments then often turn out to be wrong anyway. On top of that, we rely on the breadth of the market rather than on a few individual securities, and we are always fully invested. This lowers risks and delivers the full return of the market – giving us a systematic advantage over classic fund managers. One final point: quirion focuses primarily on value and small-cap stocks, thereby drawing on proven sources of returns. Many highly paid fund managers use similar criteria for their stock selection – but charge a considerably higher fee for it.
Where can I find the terms and conditions and the price and service list?
You can find the General Terms and Conditions including the Price and Service List (PLV) in the download area.
In which currency are the accounts at quirion held?
quirion accounts are held in euros.
Can I take out multiple investment strategies?
You can choose several strategies and combine them. Each strategy has its own portfolio sub-account and is shown to you in the investment overview.
You will find the “Add new strategy” function at the bottom after logging in.
Just ask.
quirion.ai answers around the clock. Or write to us and we will get back to you personally.