Client money as well as ETFs are held in segregated accounts protected by the FSMA rules on Client Money and Safe Custody Assets and are secured by the Belgium Guarantee Fund.
Therefore, in unlikely case of us going insolvent, your money will be sitting safely at Barclays Bank Ireland PLC, Brussels Branch, and at Saxo Bank A/S.
ETFmatic will not be able to, and is not allowed to, access your money for any purpose other than investing it in your best interest.
Additionally, we are covered by the Belgium Guarantee Fund with the usual restrictions, including limits for investments which are currently set at EUR 100.000 (regardless of the currency) per depositor; Financial instruments are covered by the Belgium Guarantee Fund up to EUR 20.000 (regardless of the currency of the financial instruments). For more information please refer to the official website of the Belgium Guarantee Fund: https://www.garantiefonds.belgium.be/en
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