Saxo Offers Portfolios for Australian Investors

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Saxo’s Australian branch has increased its offerings with the launch of SaxoSelect, a managed portfolio service geared towards self-directed investors and self-managed super funds.

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SaxoSelect lets you invest in international financial products with the help of BlackRock, Morningstar, Nasdaq, Brown Advisory, and Macro FX. The platform charges an average fee of 0.95%, and there are no extra charges for entry, exit, or custody.

CEO of Saxo Australia, Adam Smith, said:

In recent years the appetite for alternative wealth strategies has grown in line with improved access to global capital markets and innovations in technology. More Australians than ever are looking to build diversified portfolios across geographies, and as such are using digital platforms to take control of their financial future – whether that’s through directly investing their savings or establishing their own SMSF.

Access to world-leading managed portfolios and international diversification, alongside total transparency and control, is something we believe that more investors need and what Saxo is here to offer. SaxoSelect is about truly expert wealth management at a much more affordable price.

Related article: Cboe BIDS Australia Launching March 27 (brokerstimes.com)

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