German FinTech innovator in the investment area, United Signals, has unveiled a new structured product it has been working on in conjunction with Swiss Neue Helvetische Bank which is a white label partner of Saxo Bank. Both firms have collaborated to deliver a product that closes the gap between the traditional world of banking and innovative investments like social trading.
After starting as a social asset management provider, the German company has continued its efforts by diversifying its portfolio with a variety of offerings. Venturing into Direct Asset Management, United Signals is now offering a certificate to Swiss investors that according to the company is highly diversified to withstand abrupt market moves such as the ones we have seen in recent sessions.
Diversification of Trading Strategies
The certificate tracks an index which includes several different asset classes and experts who provide their trading signals via United Signals’ online platform. The bundle package is designed so as to deliver a more solid performance by virtue of the diversified trading strategies which participate in the index.
United Signals will be monitoring the portfolio within the certificate and will adjust its components if necessary. Investors are able to monitor the performance as well as the components of the certificate in real-time, published on a dedicated website.
Commenting on the launch, the founder and CEO of United Signals, Daniel Schaefer, said, “The release of the certificate offers especially Swiss institutional and semi-professional investors an easy access to our certified strategies. Because the certificate is listed at the Swiss exchange SIX, the product can be bought at any local bank in Switzerland.”
In addition, United Signals‘ cooperation with Neue Helvetische Bank and Saxo Bank makes it easy to issue further certificates under United Signals‘ brand name or in the name of customers. As the portfolio contains no structured products, the fees of the certificate are very low.
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“You can imagine it like an umbrella certificate with low costs, because the shifting between strategies is free of charge,” explained Mr. Schaefer.
Speaking to Finance Magnates, Daniel Schaefer explained that the innovative mindset of Neue Helvetische Bank, the existing partnership with Saxo Bank and the technical possibilities of United Signals were the main components of this new venture.
The Swiss market is very open minded towards structured products
“We can deliver the signals of our worldwide located financial experts to our customers automatically 24/7. Especially the Swiss market is very open minded towards structured products. United Signals continues to be open for discussions with other potential partners outside of Switzerland, who would also be keen to issue products on our indices as well,” Mr. Schaefer explained.
With this new possibility, United Signals aims at asset managers, family offices and professional traders who like to use external know-how in order to cover different asset classes.
The product is offered as an actively managed certificate (AMC) and is traded on the Swiss Exchange SIX Structured Products. The certificate is only permitted for distribution in Switzerland and is available at almost all Swiss banks and brokers.