Saxo Bank, the Danish online trading and investment bank, has announced the launch of its new fund offering in the UK.
The new offering gives Saxo Bank's retail clients access to more than 6,000 popular global funds, including 500 equity funds, 2,000 fixed income funds, 730 multi-asset funds, and 160 alternative funds. According to Saxo Bank, popular global funds include Baillie Gifford, BlackRock, Fidelity, Fundsmith, J.P. Morgan, Vanguard, and many others.
The funds cover various areas such as biotechnology, real estate, energy, gold mining, healthcare, technology, and many more, FNG said.
At the same time, the main advantage of investing in Saxo Bank funds is zero commission, no platform fees, and low annual custody charges of just 0.4% p.a. (Classic accounts), 0.2% p.a. (Platinum accounts), or 0.1% (VIP accounts).
Notably, the new offering allows Saxo Bank clients to easily consolidate their investment portfolios, including ISAs and SIPPs, making the company's platform a one-stop solution for users' investment and trading needs.
"The launch of Saxo's fund offering coincided with a period of significant market volatility and geopolitical tensions. I have consistently advocated active management, including mutual funds, as an important part of any well-diversified portfolio. We are in a new paradigm for the markets after the powerful stimulus of minimal interest rates and the resulting price increases. In a world where we cannot rely on this central bank stimulus on an industrial scale, we need to use the best minds in the world of asset management through funds to help improve efficiency and help us navigate these volatile financial markets," said Charlie White-Thomson, CEO of Saxo Markets UK.
Saxo Bank offers clients from 170 countries access to a variety of financial markets and the opportunity to generate additional income by investing in ready-made, diversified portfolios.
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