How is the “amount” at Selma calculated?

Updated 3 years ago by Carina Wetzlhütter

The amount is calculated by combining both, the money on your pillar 3a and on your investment account.

In order to place you in the correct fee tier, the calculation chooses the higher amount of either:

The math is generally in your favour. If only one of the two numbers is above the threshold, you get the better price.

Check out this detailed example to get a feeling for how this would work in real life:

Situation	Fee tier	Your total investments at Selma	Deposits - withdrawals
You start by adding 51’000 CHF to your Selma account.	You reach fee tier 0.55%.	51’000	51’000
The markets go down, you lose 2’000 CHF.	You stay in fee tier 0.55%.	49’000	51’000
The markets go up, you gain 7’000 CHF.	You stay in fee tier 0.55%.	57’000	51’000
You have to withdraw 10’000 CHF.	You switch to 0.68% fee tier because both numbers are below the threshold.	47’000	41’000
Markets go up again! You gain 4’000 CHF.	You switch to the 0.55% tier, because performance got you over the edge again.	51’000	41’000