Yomoni: the benchmark French robo-advisor
Yomoni was the first robo-advisor to obtain a portfolio management company licence in France (AMF, 2015). Since its founding, the Parisian fintech has attracted over 100,000 clients and manages several billion euros in assets. Its credo: 100 % ETF managed investing, automated, transparent, and accessible to all.
In a market where traditional managed investing fees (banks, insurers) often exceed 2.5 % per year, Yomoni offers an alternative at 1.60 % all-in. But is that enough to make it the best choice? Our full review analyses every aspect of the offering.
Fact sheet
| Feature | Yomoni |
|---|---|
| Type | Robo-advisor, 100 % ETF managed investing |
| Licence | Portfolio management company (AMF) |
| Available wrappers | Life insurance, PER, PEA, CTO |
| Life insurance insurer | Suravenir (Credit Mutuel Arkea) |
| Total life insurance fees | 1.60 % / year all-in |
| Risk profiles | 10 (P1 safest to P10 most aggressive) |
| Minimum investment | 1,000 EUR |
| Regular contributions | From 50 EUR / month |
| Underlying funds | ETFs (Amundi, iShares, Vanguard, etc.) |
| Self-directed investing | Not available |
| Overall score | 8 / 10 |
The concept: 100 % ETF managed investing
How does it work?
The principle behind Yomoni is simple: you answer an online questionnaire (goals, time horizon, risk tolerance), and Yomoni assigns you a risk profile from 10 levels. The management team then builds and adjusts your portfolio by selecting ETFs (index trackers) based on your profile.
The 10 profiles range from the most conservative to the most aggressive:
- P1: 100 % euro fund (capital guaranteed)
- P2 to P3: bond-heavy, low equity exposure
- P4 to P5: balanced allocation, equities/bonds mix
- P6 to P7: equity-heavy, diversified allocation
- P8 to P9: high international equity exposure
- P10: near-100 % equities, maximum dynamism
The allocation is automatically rebalanced by the management team based on market conditions. You have nothing to do: no fund selection, no switches, no daily monitoring required.
Why 100 % ETFs?
ETFs (Exchange-Traded Funds) replicate a stock market index at low cost. Their internal fees average 0.10 to 0.30 % per year, compared with 1 to 2 % for a traditional active fund (OPCVM). Numerous academic studies show that index investing outperforms active management over the long term (SPIVA study: over 90 % of active funds underperform their benchmark index over 15 years).
By exclusively using ETFs, Yomoni reduces underlying fees and maximises the share of performance that goes back to the saver.
Fees: transparent but not the lowest
Life insurance fee breakdown
Yomoni's total fees in life insurance amount to 1.60 % per year, broken down as follows:
| Fee item | Annual rate |
|---|---|
| Wrapper fee (Suravenir) | 0.60 % |
| Yomoni management fee | 0.70 % |
| ETF internal fees | ~0.30 % |
| Total all-in | ~1.60 % |
Comparison with alternatives
| Solution | Total annual fees | Management type |
|---|---|---|
| Traditional bank managed | 2.50 to 3.50 % | Active (OPCVM) |
| Boursorama Vie managed | 2.00 to 2.75 % | Active (OPCVM) |
| Yomoni (life insurance) | ~1.60 % | Managed 100 % ETF |
| Nalo (life insurance) | ~1.55 % | Managed 100 % ETF |
| Self-directed ETFs (Linxea Spirit 2) | ~0.80 % | DIY (ETFs direct) |
The conclusion is clear: Yomoni is significantly cheaper than traditional managed investing, but more expensive than self-directed ETF investing on a policy like Linxea Spirit 2. The 0.80 % annual gap represents the price of the automated management service. It's up to you to judge whether that convenience is worth the extra cost.
The price of convenience over 20 years
Initial capital: 30,000 EUR, contributions 200 EUR / month, gross return 7 %.
- Self-directed ETFs at 0.80 % (Linxea Spirit 2): approximately 178,000 EUR
- Yomoni at 1.60 %: approximately 162,000 EUR
- Bank managed at 3.00 %: approximately 132,000 EUR
Yomoni saves ~30,000 EUR compared to a bank, but "costs" ~16,000 EUR compared to self-directed ETF investing.
No hidden fees
No entry fees, no switching fees, no exit fees. Yomoni applies transparent, all-inclusive pricing. This is an appreciable strength compared to traditional policies where fees multiply (entry, switching, exit, etc.).
Performance: a solid track record
2024 Performance
2024 was broadly favourable for equity markets. Yomoni profile performance (net of all fees) falls within the following approximate ranges:
| Profile | Equity exposure | 2024 performance (approximate) |
|---|---|---|
| P1 (Safest) | 0 % | ~2.5 % |
| P3 (Conservative) | ~30 % | ~5.0 % |
| P6 (Balanced) | ~60 % | ~8.5 % |
| P8 (Growth) | ~80 % | ~12.0 % |
| P10 (Aggressive) | ~100 % | ~16.0 % |
Historical performance
Over a longer horizon, cumulative performance is significant. Profile P6 (balanced), the most common among clients, shows approximately +40 % cumulative over 5 years (2020-2024), representing an annualised return close to 7 % net of fees. This is solid performance that validates Yomoni's 100 % ETF approach.
More aggressive profiles (P8, P10) naturally performed better during bull markets, but also experienced sharper declines in 2022 (a difficult year for markets). That's the price of volatility: potentially higher returns, but larger fluctuations along the way.
Past performance and future performance
Past performance does not guarantee future results. The returns shown are approximate figures based on Yomoni's published data and may vary with market conditions. Growth profiles can suffer significant losses during market downturns.
Available wrappers
Yomoni isn't limited to life insurance. The fintech offers four investment wrappers:
Life insurance (Suravenir)
The flagship wrapper, underwritten by Suravenir (Credit Mutuel Arkea). It's the most popular thanks to the tax advantages of life insurance (tax-free allowance after 8 years, advantageous wealth transfer).
PER (Plan d'Epargne Retraite - Retirement Plan)
A PER with managed retirement-horizon investing, using the same 100 % ETF approach. Fees are identical (1.60 %). The managed investing automatically integrates progressive de-risking as retirement approaches.
PEA (Plan d'Epargne en Actions - Share Savings Plan)
Yomoni offers a managed PEA, a rare offering on the market. Fees are 1.60 % all-in. The PEA provides favourable taxation after 5 years (capital gains tax exemption, only 17.2 % social contributions apply).
CTO (Compte-Titres Ordinaire - Standard Brokerage Account)
For investors who have already maxed out their PEA or want to invest without a contribution cap, the CTO is available with the same management profiles.
User experience: flawless
Online sign-up
The sign-up process is fully digital and takes approximately 10 minutes. The profiling questionnaire is clear and educational. Yomoni is one of the rare players that genuinely explains concepts (risk, diversification, time horizon) during the process.
Mobile app and dashboard
The Yomoni mobile app is one of the best on the French savings market. The design is clean, performance is displayed clearly, and operations (contributions, withdrawals) are done in a few clicks. The dashboard offers:
- Real-time performance tracking
- Allocation breakdown by asset class
- Transaction and switch history
- Projected future savings
Customer service
Yomoni has a team of advisors reachable by phone, email, and chat. Client feedback highlights responsiveness and quality of answers, which is appreciated for a 100 % online fintech.
Which saver profile does it suit?
Yomoni is ideal for:
- Beginners who don't want to (or don't know how to) manage their own portfolio
- Savers who want 100 % ETF management without having to do anything
- Those seeking absolute simplicity: one questionnaire, one profile, done
- Investors convinced by index investing but who lack the time to handle it themselves
- Those who want multiple wrappers (life insurance + PER + PEA) managed consistently
Yomoni is not suited for:
- Self-directed investors who want to choose their own ETFs (no DIY option)
- SCPI or real estate enthusiasts in life insurance (Yomoni doesn't offer SCPIs)
- Fee optimisers: 1.60 % all-in is still more expensive than self-directed investing at 0.80 %
- Those who want to fine-tune their allocation (profiles are fixed)
Case study: Lucas, age 28, first investment
Lucas is an engineer earning 3,200 EUR net / month. He wants to invest but knows nothing about finance and doesn't have time to manage it.
He opens a Yomoni policy with 1,000 EUR and sets up 200 EUR / month on profile P7 (growth). In 10 minutes, it's done.
Total fees: 1.60 % / year. Over 20 years with a gross return of 7 %, his projected capital reaches approximately 115,000 EUR (versus ~90,000 EUR with bank managed investing at 3 %).
When Lucas becomes more comfortable with investing, he can open a self-directed policy (Linxea Spirit 2) to further optimise his fees.
Yomoni vs Nalo: the robo-advisor showdown
| Criterion | Yomoni | Nalo |
|---|---|---|
| Approach | Fixed profiles (P1 to P10) | Custom allocation per project |
| Life insurance insurer | Suravenir | Generali Vie |
| Total life insurance fees | ~1.60 % | ~1.55 % |
| Underlying funds | ETFs | ETFs |
| Multi-project | No | Yes |
| Progressive de-risking | No (except PER) | Yes (glide path) |
| SRI option | No | Yes |
| Wrappers | Life insurance, PER, PEA, CTO | Life insurance, PER |
| Minimum investment | 1,000 EUR | 1,000 EUR |
| Number of clients | 100,000+ | ~30,000 |
The two offerings are close in terms of fees and philosophy (100 % ETF). Yomoni stands out for its simplicity, multiple wrappers, and larger client base. Nalo differentiates itself through its custom approach, multi-project support, and progressive de-risking. The choice depends on your preferences: simplicity (Yomoni) or customisation (Nalo).
Our verdict: 8 / 10
Yomoni is an excellent gateway into investing, particularly suited to savers who want to fully delegate portfolio management. The 100 % ETF approach is academically sound, performance is solid, the interface is impeccable, and fees are well below traditional managed investing.
The main limitation is the absence of self-directed investing: you cannot choose your own ETFs or include SCPIs. For investors who gain experience and want to optimise every basis point in fees, a self-directed policy (Linxea Spirit 2, Lucya Cardif) will be more suitable over time.
Strengths:
- Remarkably easy to use
- 100 % ETF management, academically sound
- Fees of 1.60 % all-in (vs 2.5 to 3.5 % at banks)
- 10 risk profiles covering all needs
- 4 available wrappers (life insurance, PER, PEA, CTO)
- Superior mobile app and interface
- Solid historical performance (~+40 % over 5 years on P6)
Weaknesses:
- No self-directed investing option
- Total fees higher than DIY ETF investing (1.60 % vs ~0.80 %)
- No SCPIs or real estate
- Fixed profiles, no fine-tuning of allocation
- Minimum investment of 1,000 EUR
Our advice
Yomoni is the ideal choice for getting started with investing without the hassle. But keep in mind that as your wealth grows and your knowledge deepens, self-directed ETF investing (Linxea Spirit 2 at 0.50 % unit-linked fees) could save you thousands of euros over the long term. The two approaches can in fact coexist: Yomoni for the "delegated" portion and a self-directed policy for the "optimised" portion.