Saxo launches funds offering in the UK
Saxo, the leading fintech specialist focused on multi-asset trading and investment, has today announced the successful launch of its fund offering in the UK.
- Saxo’s award-winning platform now includes funds - allowing retail investors to trade & invest across much of the entire the investment universe
- Saxo has added a curated list of more than 6,000 global funds from the world’s top fund managers
- Includes 500 equity, 2,000 fixed income, 730 multi-asset and 160 alternative funds, including many thematic and sustainable funds.
- Offering allows users to buy funds with zero commission and no transfer fees to move across existing holdings
- Saxo – known for having one of the widest range of instruments - now has further enhanced all the tools and investment opportunities required to build the most diversified portfolio
The new offering allows retail investors to trade the full width of the investment spectrum from short term instruments like options to funds. Saxo has curated a list of more than 6,000 popular global funds from top fund managers including Baillie Gifford, BlackRock, Fidelity, Fundsmith, J.P Morgan and Vanguard. There are over 500 equity, 2,000 fixed income, 730 multi-asset and 160 alternative funds providing exposure to a range of sectors from biotech, consumer staples, real estate, energy, gold, mining, healthcare, industrial and natural resources to technology, telecommunications and utilities.
Saxo’s offering is highly competitive, allowing users to buy funds with zero commission, no platform fee and annual custody charges of only 0.4% p.a. (classic accounts), 0.2% p.a. (platinum accounts) or 0.1% (VIP accounts).
Funds are the foundation of many clients' portfolios. With this new offering, clients are able to seamlessly consolidate their entire investment portfolio, including ISAs and SIPPs, making Saxo’s platform a comprehensive one-stop destination for many of their investment and trading requirements.
Charlie White-Thomson, CEO of Saxo, commented on the announcement: “The launch of Saxo’s fund offering overlaps a period of significant market volatility and geopolitical tension. I have consistently supported active management including mutual funds as an important part of any well diversified portfolio. We are in a new paradigm for markets following the heavy stimulus of rock-bottom interest rates and the resulting enhanced price performance. In a world where we cannot rely on this industrial scale central bank stimulation, we should tap into some of the finest brains within the asset management world, via funds, to assist and boost performance and help us navigate these volatile financial markets.”