Engagement Policy

Saxo Bank considers itself to have an important duty to protect the interests of investors. Part of our role as a portfolio manager is to engage with investee companies in order to satisfy ourselves that such companies are acting in the best interests of shareholders. However, it is important to note that we are not an ‘activist’ shareholder, given the fact that Saxo Bank will never be a significant shareholder of the investee companies. Upon receiving electronic voting rights, we will act in the best interest of the performance of the investment strategy, assisted by the research of our strategy providers. If we are ever asked to vote on behalf of our clients in circumstances in which we are unable to manage a conflict of interest, we will abstain. We consider that by taking this approach, the affected party can (in the event of an abstention), alert its Board of Directors of our policy in advance so any voting statistics can be adjusted accordingly.

Last updated: 10th March 2021