Saxo Bank and global investment manager Brown Advisory have announced a cooperation to launch a new digital investment portfolio, Ethical Selection in the SaxoSelect universe.
Saxo Bank's clients will be the first retail clients outside of the US to get access to invest in Brown Advisory's Ethical Selection portfolio that offers an attractive and cost-effective way to invest in a sustainable, all-cap, 30-40 stock portfolio comprising of US listed companies.
Brown Advisory's applied research goes beyond negative screening and evaluates every company's environmental, social, and governance (ESG) attributes at a level deeper than just simple negative screening. The selection process maintains a strong focus on companies that use sustainability drivers to add value to shareholders. The team combines this analysis with their proven active portfolio management capabilities to deliver a best-in-class, core, Ethical Selection strategy to clients.
In SaxoSelect, clients have full visibility over each of the stocks in their portfolio and crucially they will own the actual stocks selected by Brown Advisory. Positions are followed in real time in a fully transparent investment environment directly on Saxo Bank's platforms. The portfolio will be automatically rebalanced in guidance with Brown Advisory's research.
The annual service fee for the portfolio is 0.75 percent.
Initially the Brown Advisory Ethical Selection portfolio will be available to institutional and SaxoSelect clients serviced out of the Denmark, Singapore, Central and Eastern Europe and the Middle East.