• Analysis by

    BlackRock-black

    Defensive

    Goal: Positive long-term returns, within a cautious level of risk

    Strategy: Focus on lower-risk investments, such as bonds

    Composition: Major focus on bonds, with some exposure to stocks and alternatives, all via low cost ETFs

    Risk level: Low


    Minimum investment:
    EUR 10,000

    Open account

    Open account

  • Performance

    11%

    Total return since 2016
    Performance is after all costs.


    Performance breakdown
    2016: 3.1%
    2017: 2.4%
    2018: -3.9%
    Year to date (September): 9.4%


    Quarterly product sheet

    Quarterly commentary

Investments inspired by BlackRock

Investments inspired by BlackRock

We’ve partnered with BlackRock, the world’s largest asset manager, to offer you a diversified investment portfolio targeting cautious, long-term growth.

Our defensive portfolio focuses its exposure on bonds, rather than stocks and non-traditional investments, helping you to build your wealth with limited risk to your capital.

We draw upon BlackRock’s world-class investment data and insights to manage your portfolio, which we build with the company’s market-leading range of iShares ETFs. 

Keep your costs low 

Total expected cost: 0.98% per annum

Swipe left or right for more
Annual cost breakdownFee in %Cost of EUR 10,000 investment
Service fee0.75% per annumEUR 75
Transaction costs*XX
Expected ETF costs**0.23%EUR 23

The service fee is deducted quarterly on a pro rata basis. The minimum investment is EUR 10,000.

*An estimate that depends on the portfolio activity and investments selected, which may change with time.

**ETFs have a small charge built into their performance, known as the Total Expense Ratio (TER). This is payable to the ETF provider and is not charged by Saxo Bank.

No hidden fees

Platform fee

No cost to access Saxo’s full capabilities.

Entry fee and exit fee

Add more or withdraw at no cost.

Custody fee

No fee for simply having money with us.

Frequently asked questions

If you haven’t already done so, you’ll need to open a Saxo account .and add the  amount you intend to invest, subject to the minimum amount for each portfolio. Then follow these steps:

  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 with SaxoSelect, you’ll need to complete a set of suitability questions specifically for managed portfolios (this is different to an appropriateness test, which relates to self-directed investing)
  4. Open the trade ticket and enter the amount you’d like to invest

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.

There is no minimum investment period and you can exit at any time for no additional cost. However, it’s important to remember that our managed portfolios are designed for long-term investing and we’d only recommend them if you intend to invest for several years.

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

The Costs explianed

Performance Fee: this fee is only charged if you incur positive performance. The High Water Mark (HWM) is used to determine this, and ensures that you do not get charged on positive performance if your account value remains lower than its high point - you only get charged a performance fee if your account value reaches new highs. You can find more details on this calculation here.

As with all investing, there is a relationship between the amount of risk you take and the level of returns you could receive (both positively and negatively). The risk profiles of managed portfolios indicate the potential severity of a loss (of value) during a negative period. As a reference, investing into stocks is considered high risk and during a bad period the stock market could lose around 20%, based on historic events. 

Low risk
During a bad period, this portfolio is expected to incur much less of a loss than stock markets. For reference, stocks markets could lose 20% or more in an extreme scenario and in this portfolio we would expect between 5% and 10%.


Low-risk-faq

Start investing in minutes

Open an account

If you’re new to Saxo, take a few minutes to submit your application.

Choose your portfolio

Select a portfolio suited to your goals and risk appetite, then complete our short profile questionnaire.

Invest

Confirm your managed portfolio and invest. We will place all the investments for you, in your account.

Talk to our support team
Speak to one of our specialists today and we’ll help you get started.
contact us directly

Profile Questionnaire
To help us find the best portfolios for you, we ask that you complete your profile before investing. This is a required step in the investment process and only takes a few minutes.

Investment risk
Investing in financial products always involves risk. As a general rule, you should only invest in financial products if you understand the risks associated with them. Investing in a portfolio with currency that differs from the base currency of your account carries the risk of exposure to changes in the rate of exchange between them. See the full Managed Portfolio Disclaimer for more information.

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