Spanish speakers - can you say something about this Chilean Betterment-Copy?

[Pelusa existencial]

Dear Community,

trying to get my money to do somenthing useful, and based in South America without access to North American instruments I came across this (seemingly only) option: Fintual.cl.
This start up claims to be a copy of Betterment and Wealthfront, charge 1,19%, and have four funds to choose from (very conservative to risky).

I would like to give this a shot, but I don´t quite understand how their risk assessment relates to the advise given here. The "risky norris" fund has a "mínimo de 30% de exposición a activos accionarios". For someone with time on their hands, that is good, right? Or should I go with the "moderate pitt" fund, which has a "máximo de 50% de exposición a activos accionarios"? But that seems quite a small percentage, after all I have read here. So a Mustachian would go with Risky Norris?

Please help me out here! Which fond would you pick and why? Unfortunately, all information in Spanish only.

Description of Fintual-fonds:

https://storage.googleapis.com/fintual/public_web/series/2/FINTUAL_RISKY_NORRIS_A.pdf
https://storage.googleapis.com/fintual/public_web/series/3/FINTUAL_MODERATE_PITT_A.pdf

(If you go to the page, please ignore the APV fonds: they come with low comission and tax relief, but also heavy restrictions - let´s just say for the moment I am not interested.)

Cheers people!

[tarheeldan]

Minimum of 30% stocks vs maximum of 50% stocks is a weird choice. Also 1.19% is expensive. But yeah, for a long time horizon the Risky Norris looks like the lesser of the two evils depending on your risk tolerance.

I noticed you used comma instead of period and said "cheers" so this might not be helpful, but US citizens can open accounts with Charles Schwab International or Interactive Brokers and have access to funds/etfs with much lower fees:

https://international.schwab.com/public/international/nn/open_an_account?country=CI&branch=HC
https://www.interactivebrokers.com/en/index.php?f=7021

[Scandium]

trying to get my money to do somenthing useful, and based in South America without access to North American instruments I came across this (seemingly only) option: Fintual.cl.
This start up claims to be a copy of Betterment and Wealthfront, charge 1,19%, and have four funds to choose from (very conservative to risky).

Sorry, don't speak spanish. But is 1.2% ER really as low as you can get there? That's really high! Are there no other basic index funds with lower fees?

[Pelusa existencial]

Minimum of 30% stocks vs maximum of 50% stocks is a weird choice. Also 1.19% is expensive. But yeah, for a long time horizon the Risky Norris looks like the lesser of the two evils depending on your risk tolerance.

I noticed you used comma instead of period and said "cheers" so this might not be helpful, but US citizens can open accounts with Charles Schwab International or Interactive Brokers and have access to funds/etfs with much lower fees:

https://international.schwab.com/public/international/nn/open_an_account?country=CI&branch=HC
https://www.interactivebrokers.com/en/index.php?f=7021

Congratulations, good eye for details! Indeed, im am from Germany, and it seems the options you mention are not available to me...

[Pelusa existencial]

Sorry, don't speak spanish. But is 1.2% ER really as low as you can get there? That's really high! Are there no other basic index funds with lower fees?

It is a constant cause of frustration to me that we down here not only have lower incomes but also pay more to invest. "Really high" - unfortunately not here. As far as I know - and I would love to be corrected on this - this is as good as it gets.