During the collective transfer, can the amount of my savings fluctuate?

This content has been automatically translated.

Yes , when transferring your savings from your former manager the amount of your savings may vary upwards or downwards depending on the situation on the financial markets.💡Please note that during this period you still have access to your account personal with your former manager and that you can modify your investments to secure your capital gains before the actual transfer.

On the other hand, during the actual transfer (period of 10 days during which your savings go from the old manager to Epsor) the amount of your savings will not change .

Example: let's imagine that you had invested 1,000 euros in fund A with your former manager, the value of your investment at the time the transfer was announced had fallen by 10%, on the date the transfer to Epsor begins, your investment is now only worth 900 euros (i.e. a potential capital loss of -100 euros). When the transfer begins, these 900 euros are disinvested (ie your former manager transfers your shares in fund A for the sum of 900 euros), Epsor receives the 900 euros and buys shares in the corresponding Epsor fund for 900 euros (according to the grid defined with your company). This operation takes around ten days.

During these 10 days, you are therefore not exposed to the financial markets, neither up nor down, your 900 euros remain 900 euros. Simply, at the end of the operation, they are now invested in a new fund: the equivalent fund at Epsor. Your potential capital loss, at this stage, is still -100 euros, exactly as before the transfer.