Explore diverse investments with Saxo zero-commission fund offering – 6,000 global options for UK investors. Empower your portfolio today.
Explore diverse investments with Saxo zero-commission fund offering – 6,000 global options for UK investors. Empower your portfolio today.
Saxo Fund introducing an extensive funds offering for retail UK investors. With a curated selection of over 6,000 global funds from prominent managers, including Baillie Gifford, BlackRock, Fidelity, Fundsmith, J.P. Morgan, and Vanguard, Saxo aims to empower investors with a diverse range of options.
The comprehensive list covers more than 500 equity funds, 2,000 fixed-income funds, 730 multi-asset funds, and 160 alternative funds. Moreover, This exposes investors to various sectors such as biotech, consumer staples, real estate, energy, gold, mining, healthcare, industrial and natural resources, technology, telecommunications, and utilities.
Saxo’s innovative offering stands out with its competitive edge, allowing users to purchase funds with zero commission, no platform fees, and annual custody charges of 0.4% p.a. for classic accounts, 0.2% p.a. for platinum accounts, and 0.1% for VIP accounts.
Funds, recognized as the foundation of many investment portfolios, now provide clients with the opportunity to consolidate their entire investment portfolio, encompassing ISAs and SIPPs.
Charlie White-Thomson, CEO of Saxo UK, expressed his perspective on the launch in the current financial landscape: “The launch of Saxo’s fund offering overlaps a period of significant market volatility and geopolitical tension. Furthermore, I have consistently supported active management, including mutual funds, as an important part of any well-diversified portfolio.” He highlighted the importance of tapping into the expertise of asset management professionals to navigate the volatile financial markets.
The Danish Financial Supervisory Authority officially designates Saxo Bank as a Systemically Important Financial Institution (SIFI), marking it as Denmark’s ninth institution with this recognition. SIFIs play a critical role in the financial system, subject to strict capital requirements for ensuring stability.
Despite being headquartered in Denmark, Saxo’s global presence is notable, primarily known for its brokerage services. The company is contemplating a potential public offering in Europe, keeping its options open after the termination of a planned listing on Euronext Amsterdam in December, citing suboptimal timing.
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