SaxoSelect Balanced Portfolios

The right choice
just got simpler

Our Balanced Portfolios offer an easy way
to invest with sophistication.

Now available in the following countries:
Denmark, Sweden, Norway, Finland, Netherlands and Italy

In Partnership with
blackrock

For legal reasons please confirm that your country of domicile is Switzerland and you have read the following disclaimer

Disclaimer

Investor’s Domicile

The information contained in the following pages are only available to investors domiciled in Switzerland. By clicking on the button "I agree" you certify that you are an investor domiciled in Switzerland and that you have read, understood and accepted the legal terms and conditions following below.

Exchange Traded Funds (“ETFs”) by BlackRock

Distribution of the ETFs

The following information is limited to foreign collective investment schemes managed by entities of the BlackRock Group (“Fund/s") which have been approved by the Swiss Financial Market Supervisory Authority (FINMA) for distribution in or from Switzerland to non-qualified investors in accordance with Article 119 et seq of the Federal Act on Collective Investment Schemes of 23 June 2006 ("CISA") (“foreign authorized funds”) and the Swiss iShares Funds.

The Representative of the foreign authorized funds in Switzerland within the meaning of Article 120 and 123 et seq CISA is BlackRock Asset Management Switzerland Limited, Bahnhofstrasse 39, CH -8001 Zurich. The Paying Agent of the foreign authorized funds in Switzerland within the meaning of Article 121 CISA is State Street Bank International GmbH, Munich, Zurich Branch, Beethovenstrasse 19, CH-8002 Zurich. The prospectus, the key investor information document (KIID), the Articles or the terms / the fund contract and, if applicable, the annual as well as the semi-annual reports of the foreign authorized funds are available free of charge from the representative in Switzerland.

The Management Company of the Swiss iShares Funds is BlackRock Asset Management Switzerland Limited, Bahnhofstrasse 39, CH-8001 Zurich. The prospectus including the integrated fund contract, the key investor information document (KIID), and, if applicable, the annual as well as the semi-annual reports of the Swiss iShares Funds are available free of charge from the Management Company in Switzerland. Place of fulfillment and jurisdiction for Units distributed in Switzerland of foreign authorized funds is the registered office of the representative in Switzerland.

Offering Documentation

Applications to invest in any fund referred to on this site must only be made on the basis of the offer document relating to the specific investment (e.g. Prospectus, Simplified Prospectus or Key Investor Information Document, when implemented or other applicable terms and conditions).

Money laundering regulations, may require additional documentation for identification purposes when you make your investment. Details are contained in the relevant Prospectus, Simplified Prospectus or Key Investor Information Document, when implemented or other constitutional document.

Sales Restrictions

It is your responsibility to be aware of and to observe all applicable laws and regulations of any relevant jurisdiction. The following pages do not constitute an offer or solicitation to sell shares in any of the funds referred to on this site, by anyone in any jurisdiction in which such offer, solicitation or distribution would be unlawful or in which the person making such an offer or solicitation is not qualified to do so or to anyone to whom it is unlawful to make such an offer or solicitation.

Specifically, the funds described are not available for distribution to or investment by US investors. The shares will not be registered under the US Securities Act of 1933, as amended (the "Securities Act") and, except in a transaction which does not violate the Securities Act or any other applicable US securities laws (including without limitation any applicable law of any of the States of the USA) may not be directly or indirectly offered or sold in the USA or any of its territories or possessions or areas subject to its jurisdiction or to or for the benefit of a US Person.

Further important Information

None of the information contained on the web site constitutes investment, tax, legal or any other advice or an offer or invitation to enter into any type of financial transaction. The information is produced for information purpose only and is not legally binding. Saxo Bank (Switzerland) Ltd makes no representation or warranty, and assumes no liability, for the accuracy or completeness of the information provided.

In providing the information Saxo Bank (Switzerland) Ltd has not taken into account any particular recipient’s investment objectives, special investment goals, financial situation, and specific needs and demands and nothing contained on the web site is intended as a recommendation or advice for any recipient to invest or divest in a particular manner and Saxo Bank (Switzerland) Ltd assumes no liability for any recipient sustaining a loss out of the use or reliance on the information provided.

All investments entail a risk and may result in both profits and losses. All investors and all recipients should carefully consider their financial situation and consult financial advisor(s) in order to understand the risks involved prior to making any investment, divestment or entering into any transaction.

Past performance should not been taken as indication or guarantee of future performance and no representation is made regarding future performance. Statements contained herein that are not historical facts and which may be simulated past performance or future performance data are based on current expectations, estimates, projections, opinions and beliefs of the Saxo Bank (Switzerland) Ltd. Such statements involve known and unknown risks, uncertainties and other factors, and undue reliance should not be placed thereon. Additionally, the information contained herein may contain 'forward-looking statements'. Actual events or results or actual performance may differ materially from those reflected or contemplated in such forward-looking statements.

The information contained on the web site is confidential and should not be copied, distributed, published or reproduced in whole or in part or disclosed by recipients to any other person. It is not intended for distribution to, or use by, any person in any jurisdiction or country where such distribution or use would be unlawful. The information contained on the web site may not be sent, taken into or distributed in the United States or to any “US Person” within the meaning of the United States Securities Act of 1933, as amended and the United States Securities Exchange Act of 1934, as amended.

Accept  Reject

Select the portfolio that’s right for you



defensive

Defensive Portfolio

Designed for European investors with a long term investment horizon and a more cautious investment profile, this highly diversified portfolio aims to maximize the expected return for an expected – but not guaranteed - level of risk of approximately 4% to 6% over the long term.

Learn more
balanced

Moderate Portfolio

Designed for European investors with a long term investment horizon and a more moderate investment profile, this highly diversified portfolio aims to maximize the expected return for an expected - but not guaranteed - level of risk of approximately 7% to 10% over the long term.

Learn more
aggressive

Aggressive Portfolio

Designed for European investors with a long term investment horizon and a growth-oriented investment profile, this portfolio highly diversified portfolio aims to maximize the expected return for an expected – but not guaranteed - level of risk of approximately 7% to 10% over the long term.

Learn more

“By combining our leadership in trading technology with BlackRock’s investment tools, we are shaping the future of how people invest.”

- Kim Fournais, Saxo Bank’s CEO.

A strong partner

blackrock

Proven Performance

As the world’s largest asset manager, with $4.6 trillion in assets under management, BlackRock is entrusted to invest on behalf of large institutions and individual investors alike.

Explore the benefits

Automated Investing

Our trading algorithm rebalances your portfolio at regular intervals to ensure it remains diversified and well calibrated, liberating you to invest your money - not your time.

Expert Insights

Leverage the expertise from two premium financial institutions: Saxo Bank and BlackRock – the world’s largest investment manager – so your portfolio remains constantly monitored to keep pace with changing market conditions.

Transparent Control

Easily enter or exit an investment at your own convenience. iShares® ETFs are completely transparent, meaning you know your exact exposures.

A Competitive Fee

You benefit from a clean price so you do not have to worry about the hidden charges that so often affect investment returns: Saxo Bank charges one single fee of *0.9% per year, inclusive of VAT, with no trading commissions or custody fees.

*The manager of the ETFs also charges a fee for managing the fund’s assets. This fee is called an Expense Ratio and is already deducted from the value of the assets held by the fund, so the price of the ETF is net of the Expense Ratio. The Service Fee is calculated on the closing value of your Balanced Portfolio at the end of each day and is due at the end of each quarter. Please note, that if you choose a Balanced Portfolio that is denominated in a different currency than that of your funding account you will incur a currency conversion fee (0.5% of the invested amount per conversion).

Built on Exchange Traded Funds (ETFs)

SaxoSelect Balanced Portfolios utilise ETFs, which offer flexibility, transparency, and low costs.

Watch the video to learn more about ETFs

Start investing using SaxoSelect Balanced Portfolios

 

1

Fill out our online application form, which takes around 10 minutes.

2

A minimum amount of EUR 10,000 is required to begin investing.

3

Your account is usually approved within 24 hours.

Not yet a client?

OPEN ACCOUNT

Already a client?

INVEST NOW

Call +45 3977 4000 or register below to receive more information

By clicking Submit, I agree to the Terms of Use and agree that Saxo Bank A/S or anyone in the Saxo Bank Group may contact me via phone or e-mail with information on products and services and to assist me in using any of the Saxo Bank Group offerings.Submit

FAQ

What is SaxoSelect​?

SaxoSelect is a fully digital and automated trading and investment service that enables clients of Saxo Bank to invest in pre-selected strategies directly from their trading platform.

SaxoSelect offers two main types of strategies: Balanced Portfolios for the long term investors and Trading Strategies for the more risk-willing and experienced investors.

How do I get started?

You can buy a Balanced Portfolio almost in the same way as you would buy a stock.

You simply choose the portfolio that fits your investor profile best, log in to your SaxoTrader, complete the short online process, decide how much you want to invest and your investment will be processed and implemented in real time, in front of your eyes.

The portfolio will be rebalanced automatically by Saxo Bank on a regular basis to keep the portfolio in line with your chosen risk profile.

Where can I monitor my Balanced ​Portfolio?

You keep full control and visibility of your Balanced Portfolio.

When you complete your investment, Saxo Bank creates a dedicated sub-account where the Balanced Portfolio will be held. This sub-account works as a folder under your existing SaxoTrader account.

In this way the Balanced Portfolio remains at your control for you to manage or stop investing when you deem it necessary.

What is a Balanced Portfolio made of?

Balanced Portfolios are built with exchange traded funds (popularly known as ETFs).

An ETF combines the benefits of a fund and a stock. Like a fund, an ETF invests in a collection of bonds, stocks and/or other asset classes. Like a stock individual ETFs can be bought or sold throughout the day as long as the market is open.

Holding a sufficient number of individual bonds and stocks to build a well-diversified portfolio requires a large investment. But with ETFs, Balanced Portfolios investors can have a cost-efficient and well-diversified solution without the need to commit a large amount of capital.

What are iShares exchange traded funds?

Saxo Bank has chosen to build its Balanced Portfolios with iShares exchange traded funds from BlackRock.

iShares is a global leader in exchange traded funds with more than a decade of expertise and commitment to individual and institutional investors of all sizes. With over 700 funds globally across multiple asset classes and strategies and more than $1 trillion in assets under management as of June 30, 2016, iShares funds help clients around the world build the core of their portfolios, meet specific investment goals and implement market views. iShares funds are powered by the expert portfolio and risk management of BlackRock, trusted to manage more money than any other investment firm.*

(*Based on $4.890 trillion in AUM as of 6/30/16)

Saxo Bank makes use of BlackRock’s research and data for the construction of its Balanced Portfolios.

BlackRock’s research and data which is utilised by Saxo Bank in building its Balanced Portfolios is based upon certain internal assumptions and BlackRock has not considered the suitability of the content of its research and data against individual needs and risk tolerances for all investors. As such, BlackRock’s research and data is for information purposes only and does not constitute investment advice or an offer to sell or a solicitation of an offer to buy the securities described within. BlackRock’s research and data has not been prepared in accordance with the legal requirement designed to promote the independence of investment research and is not subject to any prohibition on dealing ahead of the dissemination of the research and data provided to Saxo Bank and, as such, is considered to be a marketing communication to SaxoBank.​

What does it cost?

For the provision of the service Saxo Bank charges a Service Fee of 0.9% p.a. calculated on the value of the Balanced Portfolio account. The fee is inclusive of VAT where applicable.

The Service Fee is calculated on a daily basis and charged at the end of each quarter. If you stop your investment in-between quarters the accumulated amount of Service Fee will be charged at that time.

We do not charge trading commissions when we implement your initial investment or when we rebalance your portfolio. Furthermore, we do not apply custody fees, inactivity fees or apply minimum ticket fees to your portfolio.

Please note, that if you choose a Balanced Portfolio that is denominated in a different currency than that of your funding account you will incur a currency conversion fee (0.5% of the invested amount per conversion).

The manager of the Exchange Traded Funds also charges a fee for managing the fund’s assets. This charge is called an Expense Ratio and is deducted from the value of the assets held by the fund so the price of the ETF is net of the Expense Ratio. The total Expense Ratio incurred by each Balanced Portfolio can be found in the description of each portfolio and is separate from the Service Fee.

Calculated example for the Service Fee:

A client invests 20,000 EUR on 1st April

Starting account balance is 20,000 EUR. Service Fee = 0.9% p.a., payable quarterly in arrears

The service fee is calculated every day.

The daily service fee amount is calculated according to this formula:

End of Day Account Balance * (Service Fee Percentage / 365)

The fee for the first day is calculated as follows: 20,000 * (0.009 / 365) = EUR 0.49

To simplify the example we assume that the account value remains at EUR 20,000 for April (30 days), EUR 21,000 for the rest of the quarter (May and June = 61 days)

With these assumptions the accrued service fee for the quarter can be calculated as follows:

(20,000*(0.009*(30/365)) + (21,000*(0.009*(61/365)) = EUR 46.38

Please note that the actual figure may vary slightly due to rounding.


Account situation at the end of the quarter:

Beginning of quarter account balance

20,000

P & L

1,000

End balance before fees

21,000

Service fee

(46.38)

End of quarter account balance

20,953.62

*all figures in EUR

The Service Fee is in addition to the ETFs' Expense Ratio. The Expense Ratio is deducted from the assets of the ETFs and paid to the manager of the ETFs.

​​

What is an expense ratio?

ETFs trade like stocks with a buy and sell price on a stock exchange. Unlike stocks, an ETF has an ongoing management fee usually charged by the manager of the ETF which is deducted from the assets of the ETF. This is the Expense Ratio. The Expense Ratio is used to cover the operational expenses of the ETF.

Since a Balanced Portfolio is a collection of ETFs we publish a weighted average Expense Ratio to express the cost already embedded in the building blocks of the Balanced Portfolio. The weighted average Expense Ratio may change from time to time. Saxo Bank’s Service Fee is calculated separately and is not embedded as part of the ETF (please refer to the above section for Saxo Bank charges).

Can I try a Balanced Portfolio in a demo environment?

Unfortunately, the service is not available as a demo.​

Can I stop my investment at any time?

You can stop investing at any time by simply pressing on the “Stop” button next to the strategy in your SaxoTrader platform.

When you decide to stop investing, you will be given the choice of either keeping your existing positions or closing all positions which is the default option. If you decide to close all open positions at this stage, market orders will be generated. Should the underlying markets be closed these orders will be executed as soon as the markets re-open.

Please be aware, that if you decide to keep open positions it is your own responsibility to manage them at all times. You will have to close the positions yourself after you have clicked the “Stop” button.

Can I restart an investment after I have stopped?

If you decide to stop an investment, you may reactivate your investment using the Restart button. You will be required to confirm that your financial situation has not materially changed since you last invested and you will need sufficient funds available to cover the minimum investment required.

Can I close single positions in my Balanced Portfolio?

So long as your investment is active, it is not possible to reduce or increase risk exposure at the single position level in your Balanced Portfolio.

A Balanced Portfolio should be considered as a standalone investment proposition. Either you are in or you are out.

What is the Balanced Portfolio page?

This page provides an overview of the past performance generated by the Balanced Portfolio in a real money account funded by Saxo Bank and similar to any investor account. Please be reminded that past performance is not necessarily indicative of future performance.

How is the performance of Balanced Portfolios calculated?

The percentage performance is calculated as a time-weighted performance. This calculation methodology is a standard methodology for comparing Balanced Portfolio managers from the asset management industry. Performance is based both on realized and unrealized trades.

No configuration