Modern Wealth Management Launches Model Portfolios for UK Clients

HELLERUP, Denmark, August 1, 2012 /PRNewswire/ --

Saxo Modern Wealth Management (MWM), the online investment specialist, today announced the launch of its Model Portfolio service designed to help mid to long term self-directed retail investors build diverse investment portfolios through Funds, Unit Trusts or ETFs.

The Model Portfolios are now accessible to all clients as an integral part of the Saxo MWM platform. A specially designed tool, Ideator, helps clients determine their general risk profile. The Model Portfolios are then independently selected, by Morningstar Investment Consultants, to match the Ideator profiles. Clients have the choice to invest in the Model Portfolios as they are or make changes to suit their investment goals. The portfolios can be accessed via ISA and SIPP accounts which are provided by European Pensions Management Ltd as well as through general investment accounts on the MWM platform.

Investors who are not yet clients of Saxo MWM can view descriptions and examples of fund portfolios on the website (http://www.modernwealthmanagement.co.uk).

Karsten Henriksen, Head of Modern Wealth Management for the UK market commented:

"We are excited to offer our clients diversified Model Portfolios with funds and ETFs as an extra service free of charge. This is pure added value for clients who find it a challenge to build portfolios from scratch, and are faced with a choice of over 3000 Funds, Unit Trusts and ETFs to choose from."

"To ensure the portfolios are unbiased we have appointed Morningstar Investment Consultants as our advisors. As per our mantra - Your Wealth. Your Way  - investors can either invest in the portfolios as they are or use them as a starting point and adjust them to fit their individual needs. This is another important step to meeting our clients' needs by providing simple, easy to use tools and transparent fees and guidance for those who want to take charge of their own investments."

The MWM platform, launched in the UK in March 2012 with the mantra 'Your Wealth. Your Way', enables investors to take control of their investments. Access to a wide range of funds and relevant, up-to-date investment information helps investors make informed decisions. MWM also provides easy to use, visual tools to manage investments, educational articles, videos, smart infographics and the ability to converse with peers.

MWM is a registered trademark of Saxo Bank A/S which is authorised by Finanstilsynet, the Danish Financial Supervisory Authority. Client cash is guaranteed by the Danish state for the equivalent of EUR 100.000. Clients' securities portfolios will be kept in segregated custody.

About Saxo Bank

Saxo Bank A/S is a leading online trading and investment specialist. A fully licensed and regulated European bank, Saxo Bank A/S enables private investors and institutional clients to trade FX, CFDs, ETFs, Stocks, Futures, Options and other derivatives via three specialised and fully integrated trading platforms; the browser-based SaxoWebTrader, the downloadable SaxoTrader and the SaxoMobileTrader application available in over 20 languages. Saxo Bank also offers professional portfolio and fund management through Saxo Asset Management who accommodates high-net worth private clients and institutional investors and provides banking services and advice to retail clients through Saxo Privatbank. The Saxo Bank Group is headquartered in Copenhagen with offices throughout Europe, Asia, Middle East, Latin America and Australia.

About Modern Wealth Management

Whilst Modern Wealth Management accounts are held with Saxo Bank A/S, its wholly owned UK subsidiary Saxo Capital Markets UK Limited, which is authorised and regulated by the UK Financial Services Authority (FRN 551422), acts on behalf of Saxo Bank A/S as a financial intermediary for the Modern Wealth Management service in respect of the UK. Neither Saxo Bank nor Saxo Capital Markets UK Limited provides advisory or discretionary trading advice for this service (except that on the platform, Saxo Bank A/S provides a form of restricted advice called "simplified advice" in the "Ideator" portfolio builder which is available to all clients who wish to make use of this electronic tool).

Please note: Ideator does not constitute portfolio management by Saxo Bank. It is the client's sole responsibility to monitor, rebalance and/or reallocate the portfolio going forward as well as assessing the suitability and appropriateness of the risk profile it has selected (and re-assess it should the client's circumstances change). Also, please be advised that the result of risk profiling does not take into account the risk and investment profile for any of the client's other holdings within its total investment portfolio or its debts. Please note that the model portfolios generated by Morningstar and the various risk profiles play no part in determining which investor profile may apply to clients. The client's account is held with Saxo Bank, not Morningstar.