Banca Sella and Moneyfarm team up for ETF roboadviser
Italy’s Banca Sella has partnered with Moneyfarm for the launch of a digital investment platform investing in ETFs.
Sella Evolution offers Banca Sella digital clients the possibility to invest small amounts of money in an ETF portfolio through six different management lines that they can choose according to their investment profile.
This range of six diversified investment lines seeks to meet the different investor profiles and objectives: from the most conservative profiles seeking pure capital preservation to those on the haunt for higher returns.
Once subscription to the service is complete, the investment process can be monitored directly from the client’s internet banking account while regular and dedicated assistance will be offered to clients.
Sella Evolution requires an entry investment of €5,000 and a management fee of 0.90% per annum on the value invested.
Moneyfarm will be responsible for managing the different ETF portfolios, whose common characteristic will be the exclusive use of ETFs, traditionally associated to the diversification and efficiency seeked by Moneyfarm’s investment strategy.
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