Completely new Fundcoach makes it easy to build capital with investment funds
With Binck Fundcoach, BinckBank is introducing a user-friendly funds platform in the Netherlands offering a wide range of more than 500 high-quality investment funds and ETFs, many of which are not available from the large banks. Binck Fundcoach makes it easier to search, find, analyse and purchase funds, with the help of a user-friendly selection tool that enables investors to compare different funds. Binck Fundcoach also offers the possibility of investing in instalments, whereby investors place a fixed sum in certain funds at regular intervals. Investors will soon be able to have access to various accounts with a single log-in. The Binck Fundcoach section of the website will be launched on 16 April 2014. Based on the feedback from our customers, the platform will be further developed in the coming months.
Simple, straightforward fees
Binck Fundcoach has a simple and clear fee structure:
- For ETFs, € 5 per transaction
- For investment funds, € 10 per transaction
- Service fee of 0.15%, with a minimum of € 60 and a maximum of € 200 a year.
As an introductory offer, Binck Fundcoach will not charge a service fee for the next two quarters. This offer applies both to existing customers coming from SNS Fundcoach and new customers wishing to use the Binck Fundcoach service.
Vincent Germyns, director of Binck:
"Through the user-friendly Binck Fundcoach website BinckBank customers can access a high-quality range of investment funds, including funds that are not available from the large banks. We are also adding ETFs and a fund comparison tool, making it easy to select funds. Our fees are transparent, and there are no hidden charges. Investors will thus be able to estimate their costs in advance, which is also helpful for fund investors."
Further information on Binck Fundcoach can be found at: www.binck.nl/fundcoach
There are approximately one million households with investments in the Netherlands. More than half of them invest in funds and ETFs. Over a quarter invest only in these categories. Dutch people hold a total of approximately € 40 billion in investment funds. With the acquisition of SNS Fundcoach, BinckBank has more than € 1 billion in investment funds under management. Within BinckBank, ETFs are the fastest growing asset category and now account for more than € 500 million.
About BinckBank N.V.
BinckBank is an online bank for investors, ranked in the top five in Europe. As an online broker, it offers its clients fast, low-cost access to all the important financial markets around the world. As an online bank for investors, BinckBank helps its clients look after their capital with BinckBank's online asset management services and online savings. BinckBank is an independent online bank for investors, which is listed on Euronext Amsterdam. We have offices in the Netherlands, Belgium, France, Italy, and Spain. BinckBank has 654 FTEs at end of 2013. BinckBank was formed in 2000 and has now more than 552,000 account holders.
Public Relations
Harmen van der Schoor
t 020 - 522 03 78
e hvdschoor@binck.nl
Investor Relations
Nelleke Nederlof
t 020 - 522 03 72
e nnederlof@binck.nl
BinckBank N.V.
Barbara Strozzilaan 310
1083 HN Amsterdam
www.binck.com
