Spain sits on roughly one trillion euros in household deposits as inflation erodes purchasing power, and savers seek more efficient, transparent, and digital ways to invest for the long term. One example is myETF, the solution that will enable tax-efficient ETF trading, brought to you by Flinket.
After announcing to the market the birth of Flinket in late 2025, the company now presents myETF, built on its technology platform and the first step toward a new model for saving and investing distribution in Spain.
The Value Proposition
With myETF you can buy, sell, and manage your ETF portfolio in a tax-efficient way, with speed unmatched by any other platform in Spain, and under the protection of a Unit-Linked insurance policy. You pay no taxes on each move.
Joan Mir, CEO and cofounder of Flinket, notes that “myETF introduces a category that did not exist for Spanish retail savers: the efficiency, transparency, and diversification of ETFs within a life-insurance savings policy, with tax deferral on portfolio rebalances.
More than a product launch, myETF is the first implementation of Flinket’s infrastructure in the market: an open, interoperable, and fully digital platform that enables ETFs to be integrated into life-insurance-based saving and investing solutions, sparing each financial institution from building its own technology, operations, and regulatory processes required to offer them.”
What can the saver do with myETF?
- Manage their portfolio without taxes on each move. Within the product, ETF changes do not trigger income tax: taxation is deferred until withdrawal, in accordance with applicable rules.
- Trade ETFs in real time, as opposed to the trading halts and daily valuation of traditional funds… and the delays from transfers.
- Choose how to invest: build their own ETF portfolio, follow independent managers’ portfolios via a marketplace, or mix both, without needing to open multiple brokerage accounts.
“The Spanish saver had two paths, and both required sacrificing something,” explains Gabriela Orille, CEO of Flinket. She adds that “myETF opens a third path: ETF efficiency with low TERs and real-time operation, and the tax deferral of the life-insurance savings policy becomes a digital experience. You choose: follow a manager or build your own portfolio.
What assets and markets will be covered at launch?
myETF launches with a catalog of globally diversified UCITS ETFs – equities, fixed income, and sectoral and thematic exposure – expandable based on demand, always adhering to UCITS criteria to ensure eligibility within the Unit-Linked policy.
- Equities: global, regional, and country-specific, across developed and emerging markets.
- Fixed income: sovereign and corporate, with varying durations and geographies.
- Sector and thematic: technology, healthcare, sustainability, commodities, among others
The Insurer’s Backing
myETF operates backed by the insurance capacity of MGC Mutua. It is a Unit-Linked life policy issued and distributed by insurers supervised by Spain’s DGSFP, with assets managed by entities supervised by the CNMV. myETF combines the advantages of life-insurance protection, including beneficiary designation and tax and estate features, with an investment structure backed by segregated assets.
Xavier Plana, CEO of MGC Mutua, remarks “MGC joins Flinket to bring myETF to life, a natural step toward integrating more flexible, transparent and user-centric financial solutions. This collaboration combines MGC’s solvency, regulatory oversight, and stability with Flinket’s technology and operational simplicity. The result is a refreshed, clearly disruptive experience. With this alliance, we turn a traditional process into a much faster, more intuitive, and enjoyable journey. myETF is born precisely from this union: modern investing plus insurer protection, in a unique, transparent environment designed around people.”
With this launch, MGC solidifies its role as a pioneer in developing advanced financial solutions, bringing to the end customer tools that until now were available only to professional structures and highly specialized setups.
Spain, traditionally slower in this transformation, is also experiencing strong growth in ETF adoption by individual investors. Yet, while ETFs have become standard in modern investing, their integration into insured savings solutions has been limited so far. This is precisely where myETF comes in: connecting the ETF revolution with the advantages of life-insurance savings vehicles, making it accessible.
Over the past decade, ETFs have transformed the global investment landscape thanks to their efficiency, transparency, and low costs. However, that revolution had barely penetrated Spain’s insurance market, historically dominated by closed architectures, proprietary products, and high-cost structures.
ETFs have stopped being niche instruments and have become a central pillar of portfolio construction worldwide, with assets under management at record highs in 2025. Spain, lagging in this transformation, is also seeing strong growth among individual investors. Their integration into insured saving solutions, however, remained marginal. This is where the myETF proposal comes in: connecting both worlds and making accessible a combination previously reserved for a minority of investors.
