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Saxo Bank joins forces with stock market offering a cost effective way to invest in portfolios
08/06/2018 , News Team

Online trading and investment specialist, Saxo Bank and Nasdaq, a global provider of trading, clearing, exchange technology, listing, information and public company services, are together launching a new digital investment portfolio in the SaxoSelect universe based on Nasdaq Dorsey Wright research. 

The new portfolio, named Nasdaq DW Global Momentum, offers a way to invest in a portfolio of 30-40 quality stocks based on the “relative strength” ranking formulated by Nasdaq Dorsey Wright (DW), a provider of investment research, tools and solutions that help investors manage complexity. The portfolio focuses on developed and emerging markets stocks and excludes the US. 

SaxoSelect is a fully digital and automated trading and investment service that enables clients of Saxo Bank to invest in pre-selected portfolios. The new Nasdaq portfolio complements are a range of more than 28 portfolios, including portfolios based on expertise from Morningstar and BlackRock. 

In SaxoSelect, clients have full visibility over each of the stocks in their portfolio and crucially they will own the actual stocks selected by Nasdaq. Positions are followed in real time in a fully transparent investment environment directly through the SaxoTraderGO platform. The portfolio will be automatically rebalanced in guidance with Nasdaq’s research. 

Initially the Nasdaq DW Global Momentum will be available to institutional and SaxoSelect clients serviced out of the Denmark, United Kingdom and Singapore regional headquarters.

The annual service for the portfolio is 0.75 percent.

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