Start investing right now using the SEB mobile app. Anytime, anywhere.
From an idea to a suitable solution in only 15 minutes
Invest with as little as 1 euro
Financial education is not necessary
What is Robo-Advisor?
- You can become an investor with the Robo-Advisor in just15 minutes.
- Invest with as little as 1 euro.
- No previous investment experience is needed.
- It's an automated solution which helps everyone to start investing.
- Robo-Advisor can be found in the SEB app's section "Investments". All the related activities are done via the app.
- 0 euro for purchasing and selling the investments.
- A monthly fee is applicable depending on the service (fund administration fee or portfolio management fee). Instrument ongoing fee is included in instrument prices and you pay it indirectly.
- Robo-Advisor provides recommendations for suitable investment, and you can set up the investment immediately.
- Solutions offered in Robo-Advisor take into account the aspect of sustainability.
During the Robo-Advisor session, you must choose from either investment solution
Here is the explanation of what the differences are.
| Criteria | Advice on funds | ETF portfolio |
|---|---|---|
| Minimal investment amount | 1 EUR | 10 EUR |
| Conclusion of agreement | Free of charge | Free of charge |
| Purchase and sale transactions | Free of charge | Free of charge |
| Total expenses | 1.14% to 1.57% per year. Depends on what fund you purchase. | 0.90% to 0.97% per year. Depends on what ETFs are in your portfolio. |
| Example | For every 100 euros you invest, the annual costs and charges would be around 1.14 to 1.57 euros. | For every 100 euros you invest, the annual costs and charges would be around 0.90 to 0.97 euros. |
| Order execution and settlement |
Trade orders are executed each working day following the particular fund’s trading cycle. |
Trade orders are executed on Tuesdays. In some exceptional cases, i.e. holidays on Tuesday in specific countries or markets where trades are executed, market disruptions or other unforeseen circumstances, trade orders might be initiated in the next possible trading day or the following Tuesday. Trade settlements require an additional 2 business days, therefore in case of withdrawal of the funds from investment portfolio account the transfer of money to your account usually might take up to 8 business days (in exceptional cases – up to 14 business days) after the submission of your withdrawal request. |
Frequently asked questions
SEB Robo-Advisor is an automated investment solution, where we advise you where to invest according to the answers you give. Also the solution helps you to easily set up investments, where we will do all the needed to make this investment happen.
Investment accounts that use Robo-Advisor usually cost less than traditional advisors, and they often do not set a minimum account balance. SEB Robo-Advisor offers you personalized investments to fulfill your investing goals.
Everyone who is over 18 years old and would like to start investing, but do not know where to start. Through the solution you can start investing with it.
Solution is available only for private customers.
Once the ETF portfolio is set up, you can convininently take actions in the “Investments” section of SEB mobile app. Select your ETF portfolio and press “More” to invest additional funds, withdraw your investments, adjust the regular investment, update investor data, or terminate the service.
Yes, you can open multiple Robo-Advisor at the same time so if you have different investment goals then this would work perfectly for You.
In the case of ETF portfolio, you need to submit termination request via Mobile app. It can be done easily in the section “Investments” opening on screen your securities account and clicking on More/Terminate the service.
In the case of SEB funds, you need to sell your holdings and to terminate the fund standing order. Both actions can be done via internet bank. In case a particular securities account must be closed, please submit closure request via Internet bank. It can be done only when all securities are sold.
Please note that if you use an investment account for making investments, the tax must be paid only when the amount of money withdrawn from the investment account exceeds the amount paid into it. In case you have used simple cash account for these investments and you have earned a profit from this investment - a capital gain tax needs to be paid.
More information is available on our prepared guide.
Download the SEB mobile app to try Robo-Advisor
