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Saxo Select

  • 30-06-2017 04:25PM
    #1
    Registered Users, Registered Users 2 Posts: 18,335 ✭✭✭✭


    Hey All,

    Seems like Saxo are rolling out an investment management platform/service called Saxoselect.
    Only had a very quick read through of it, seems like management charge of 0.75% per annum with a minimum buy in of €20k for the Saxo stockpicker(Which also incurs a 10% of profit performance fee) or €30K for the Morningstar MOAT fund.
    Other options available including trading strategies.

    Has anyone else had a look at this as yet? Seems to be a tentative step towards integrated wealth management/generation platform as offered by a lot of US brokers but without the benefits of actual financial review or advice.


Comments

  • Registered Users, Registered Users 2 Posts: 2,435 ✭✭✭ixus


    Paul Summerville at www.sam.ie use saxo for some products, per their website:

    http://www.sam.ie/about-us/ceo-message/

    May get access, cheaper costs or the advice if required there.

    I haven't used either and no association, just came into my head when i saw Saxo.


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