advice transfer stocks from UBS to interactive brokers

C

cristian

New member
Hello, so around 4 years ago I started to invest in the bank UBS in a few stocks, during 2 years I invested money every month and then I stopped. So for nearly 2 years I just forgot about it. I would like to know if it would be best to leave that money there and simply start investing in Interactive brokers now, or if it would be best to transfer that money? (if so, do you know if I need to take out the money and transfer it or I I can transfer the stocks directly?
At the moment the stocks I put are at -7% because since marche 2025 the performance has been down, so I don't know if it is best to wait until it becomes better or not.
I invested in UBS Sustainable investing Fund Growth
 
Hi

I would say it depends on how long you intend to keep them. For the long term, it makes sense to move to IB since you will save in custody fees.

If you are investing in funds and not ETFs, you will need to liquidate everything, transfer the money and then buy again ETFs at IB. You cannot transfer UBS funds. If you also have some ETFs, you can transfer them (for a fee)
 
Thank you for the reply, I talked with the bank and I have funds so I need to liquidate the funds and do the transfer myself. I was planning to leave the money for at least 5 years and ideally 10 or more (Ideally I want to use that money for the down payment of an appartement in the future). At the moment the funds have a performance of -11.17 and it looks like it will continue going down (decline since March 2025). Would it be better to wait until the performance improves? or In the long run I will say more money doing the transfer now even if I lose money at the moment?
 
cristian said:
Would it be better to wait until the performance improves? or In the long run I will say more money doing the transfer now even if I lose money at the moment?
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Usually, it's better not to wait. By waiting X years, you will continue to pay the fees for these X years, so recovery will be slower. It's best to liquidate now and start reinvesting in a cheaper way as soon as possible. You are not really realizing these losses, you are moving the money to a fund that will help you recover.
 
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