Switzerland's online bank Swissquote has expanded the range of products in its Robo-Advisory solution to include two further investment categories: cryptocurrencies and real estate.
Robo-Advisor invests in multi-asset strategies. Alongside shares, fixed-income instruments and commodities, it is now also possible to invest in cryptocurrencies and real estate. This allows Swissquote customers to further diversify their digital investment portfolio, meaning they can match their portfolio to their personal risk appetite more effectively.
"Since Swissquote was the first bank to introduce trading with Bitcoin, Bitcoin Cash, Ether, Litecoin and Ripple in as early as 2017, it is a logical step to expand the Robo-Advisor to include this investment category," explained Jan De Schepper, chief sales and Marketing Officer.
"The balanced portfolios built by the Robo-Advisor are ideal for investors who are interested in cryptocurrencies but do not want to put all their eggs in the same basket. Certain requirements, such as a specific minimum risk level or minimum portfolio value, have to be fulfilled in order to add cryptocurrencies as an investment class," continued De Schepper.
The new real estate category includes ETFs and investment funds that focus on real estate, either directly or via listed companies active in the sector. This option also allows a preferred geographical location to be selected.
Robo-Advisor creates a bespoke investment portfolio for customers, and monitors and optimises it around the clock to maintain the desired risk level. The intuitive platform enables customers to select default adjustments or to configure their own investment preferences. As a result, the algorithm is dynamic in determining optimal asset allocation based on market conditions.