Yomoni takes stock of sonanne2023 and the performance of its life insurance by risk profile. Between 2022 and 2023, fintech was able to significantly increase its returns in a positive direction. For the year 2023, it oscillates between 2.5% and 18.6% depending on the risk-taking of its savers.
Yomoni revealed this Thursday, February 1, its performance for the year 2023 for Yomoni Vie, its mandated life insurance contract invested in index funds (ETFs and trackers). Fintech therefore displays positive performances on all its mandates and a definite increase compared to 2022 for all those who have chosen a share of risks.
For the contract with the least exposure to unit of account (UC), i.e. 20%, compared to 80% invested in the Euro Suravenir fund, the return returns to positive and reaches 2.5% in 2023 (compared to -4.3% in 2022).
Performances for the year 2023
- P1: 2.5% in 2023 (1.88% per year over five years)
- P2: 5.2% (2.3% per year over five years)
- P3: 6.1% (2.7% per year over five years)
- P4: 8% (3.1% per year over five years)
- P5: 9.8% (3.4% per year over five years)
- P6: 11.7% (3.7% per year over five years)
- P7: 13.1% (5% per year over five years)
- P8: 14.4% (6.2% per year over five years)
- P9: 15.8% (7.5% per year over five years)
- P10: 18.6% (10% per year over five years)
Yomoni catches up with his year 2022
A great year 2023 which catches up with last year’s performances. Indeed, from P1 to P10, the yield was between 2.10% and -18%. As a reminder, the P1 profile, the least risky, is no longer accessible for subscription since September 2020.
70% of our clients tell us they have subscribed to an investment horizon of more than 10 years. They have time on their hands and the capacity to absorb market shocks. But we also know that when there are market shocks, it is more complicated to hold on psychologically. It is therefore very important, especially on digital platforms, to add human touch, support and proximity to ensure that savers do not make bad decisions, in particular by reducing risk-takingunderlines Sbastien d’Ornano, president of Yomoni, interviewed by MoneyVox.
A strategy that seems to be winning: What we are selling is long-term performance. We have more than 8 years, and on the dynamic profile, we find ourselves 8% annualized net performance for our mandates or 7.4% net of life insurance contract costs, specifies the president of Yomoni.
THE initial payment of Yomoni Vie amounts to 1000 euros. The contract is then funded by one-off or scheduled payments of at least 50 euros. As for prices, the management fees are 0.60% on the fund in euros and the UC. Yomoni does not charge any remittance or arbitration fees. Annual fees are 1.60% maximum.
Last October, Yomoni launched its insurance retirement savings plan, called PER Retraite+. Unlike the banking PER, it has a fund in euros. The New Generation fund, insured by Spirica, a subsidiary of Crdit Agricole, offered a return of 2.30% in 2022 and 3.13% in 2023. It is made up of two distinct pilot management mandates: the first 100% ETFs and the second, a multi-asset mandate (with real estate and unsecured assets).
Yomoni currently manages 62,000 mandates and more than a billion assets under management.
Life insurance returns: the good and the bad for 2023 rates
And for 2024?
The index wave is very generational. Thirty-year-olds are already convinced by index management. We have also seen since this year that our new customers are getting a little older. More and more people in their forties and fifties are coming to us. The 2024 objective is to respond to this new clientele whose assets and entry tickets are more substantial, adds Sébastien D’Ornano.
By the end of the first quarter of 2024, Yomoni will also launch a new PER aimed at self-employed workers. Professional assets mix with private assets. We have two major products. A first that already exists, the legal entity securities account. The second, the PER, descendant of the Madelin, which can be supported by the company. It will also be provided by Spirica.