Regular Savings Plan

No, you don’t. Once you’ve invested in a managed portfolio, we will automatically create a sub-account dedicated to that portfolio under your existing Saxo account.

SaxoTraderGO

1. Open the SaxoTraderGO platform and click the ‘SaxoSelect’ tab
2. Click the ‘Invest’ button, next to your chosen portfolio
3. If this is your first time accessing SaxoSelect managed portfolios, you’ll need to complete a set of suitability questions specifically for managed portfolios (this is different from an appropriateness test, which relates to self-directed investing)
4. Open the trade ticket and enter the amount you’d like to invest

SaxoInvestor

1. Go to the Markets section, and click on 'Managed portfolio'
2. Select a portfolio and click the Invest button
3. If this is your first time accessing SaxoSelect managed portfolios, you’ll first need to click ‘Get started’ to complete a set of suitability questions specifically for managed portfolios (this is different from an appropriateness test, which relates to self-directed investing)
4. Proceed to the Buy Order ticket and confirm how much you would like to invest.

Yes, you can invest in your choice of portfolios. Please note that each portfolio has its own bank account number which you should use when funding that particular portfolio. Please refer to the funding instructions and bank account numbers in the Funding Instructions section located under Deposits and Transfers, then Bank transfer, in the platform. This is found under the icon of a person’s head and shoulders at the top right in SaxoInvestor, and under the Accounts section in SaxoTraderGO.

Compared to traditional wealth managers we offer a compelling and cost effective way to have your money managed, with the costs of some of our portfolios being less than half of the cost of an expensive wealth service.

The Costs explained 

Service Fee: This is the fee charged for Saxo to manage your money. It is an annual cost, deducted quarterly on a pro-rata basis. You can find more information on the service fee here.

SGD-denominated portfolios may invest in assets in other currencies, in which case a currency conversion cost of 0.10% per transaction will be incurred.

Expected ETF Costs: If your portfolio invests into ETFs, you should know that the ETF manufacturer takes their charge from within the ETF. This is convenient as it means there are no cash transactions (to the ETF manufacture to cover costs), costs are simply reflected in the performance of the ETF.

Our fees depend on the managed portfolio you choose to invest in.

Yes, the initial investment will be paid using your Saxo account main wallet. Subsequent payments – one-off or regular, from as little as SGD 100 - should be sent via bank transfer using the unique bank account number provided upon your first investment into your portfolio. You can also retrieve this unique bank account number in our platforms, under your portfolio details:

After making your initial investment into your preferred portfolio, you will receive a unique bank account number relating to your positions in that portfolio. Please use that bank account number when setting up a regular payment through your bank. To stop making regular payments, simply cancel the instruction through your bank. We have no requirement to maintain regular payments for any length of time.

You can deposit funds via Telegraphic Transfer, FAST, MEPS or GIRO. Please note that regular/recurrent payments cannot be made via PayNow or QR code scan.