Rates are rising, including at Generali, an insurer that has assumed in recent years that it has greatly moderated the return on funds in euros. For online contracts, with reduced fees, the performance of Eurossima and Netissima is rising, without completely catching up.
The 2022 returns of our euro funds are up overall compared to last year, which is good news. However, this increase alone does not compensate for an average inflation of 5.20% over the year. Hence the need to diversify its performance drivers, insists Hugues Aubry, member of the executive committee of Generali France, in charge of the savings market and wealth management, in the press release announcing the 2022 returns of its funds in euros and other eurocroissance funds.
Generali thus always assumes a very strong incentive to invest in units of account (UA). As a reminder, in 2019, the insurer had shaken up the microcosm of life insurance by assuming a clear-cut speech, materialized by this declaration by its CEO France, Jean-Laurent Granier: The world of euro funds is over!
Life insurance: the death of the euro fund in 8 questions
The returns of the Eurossima and Netissima funds, scrutinized by millions of savers who have taken out an online contract, reduced fees, had suffered from this: the Eurossima fund was used in 2021 for 0.75% net of management fees, and Netissima for 0 .95% with, however, a bonus linked to the holding of UC (up to 1.91%).
For the year 2022, the rebound is notable. But Generali’s web euro funds have fallen quite low, the 2022 performances remain below those served on most other web life insurances: 1.30% on Eurossima, and 1.53% on Netissima, with a bonus on the latter that can still climb up to 3.06% depending on the level of UC. On Netissima, if your contract is invested more than 50% in UC, you obtain a remuneration of 2.60%.
Boursorama Vie: 2.302% on Euro Exclusif
In the panel of Generali’s partner web distributors, the online bank Boursorama historically has a special place, thanks to the Euro Exclusif fund. This fund, quite similar to Netissima in its financial management method, benefits from a different remuneration and is accessible without constraint of payment in UC. It yields 2.302% in 2022 against 1.35% in 2021.
Euro funds | Contracts | Rates 2021 | Rates 2022 |
---|---|---|---|
Online banks | |||
Dolca Vie (Spirica insurer) | BforBank Life | 1.35% | – |
Euro Exclusive (Generali) | Boursorama Life | 1.35% | 2.302% |
Suravenir Performance | Fortuneo Life | 1.30% or 1.60% | 1.80% or 2.10% |
Eurossima (Generali) | Monabanq Life Premium | 0.75% | 1.30% |
Brokers and fintechs | |||
Eurossima (Generali) | Altaprofits Vie, Meilleurtaux Allocation Vie, Linxea Vie, Bourse Direct Horizon, Nalo, Goodvie… | 0.75% | 1.30% |
Suravenir Performance | Better Life Placement Rates, Future Power (Assurancevie.com), Yomoni Life… | 1.30% or 1.60% | 1.80% or 2.10% |
General Assets of Spirica | Linxea Spirit, Savings Evolution… | 1.30% | – |
New Generation Euro Fund (Spirica) | Best Liberty Life Rate, Netlife 2, Savings Evolution 2, Linxea Spirit 2… | 1.65% | 2.30% |
Swiss Life General Assets | Darjeeling (Direct Placement), Titres@Vie (Altaprofits) | 1% 2.90% | 1.70% 3.05% |
Aviva Active Guaranteed | Life Evolution (Assurancevie.com) | 1.31% 2.62% ** | 1.61% 3.22% ** |
Apicil Euro Guaranteed | Linxea Zen | 0.86% | 1.30% 1.85% |
Orada Vie euro fund | Heritagea Premium | 1.20% 1.92% | 1.90% 3.04% |
Euro fund Ageas France | Kompoz (Sicavonline) | 1.25% 1.61% | 1.79% 2.31% |
Euro fund Ageas France | MyPGA | 0.50% 1.30% | 2% |
Easyvie Euros (CNP) | EasyVie | 1.10% 2.20% | 1.60% 3.20% |
Non-exhaustive lists of contracts. For more details on brokers and web contracts, see also the life insurance comparison.
The maximum rates are (with some exceptions) conditional on the share of units of account in the contract.
* Base rate, excluding performance bonus.
** For Evolution Vie, the maximum paid only concerns the portion of the payment that meets the bonus conditions, not the entire euro fund.
Reduced cost life insurance: the list of 2022 rates on web contracts
All returns are net of management fees but before social and tax deductions.