Leading online Swiss bank Swissquote Group Holding SA (SWX:SQN) announced that it has added cryptocurrencies and real estate to its Robo-Advisor.
Alongside shares, fixed-income instruments and commodities, Swissquote’s clients will now be able to invest in crypto and real estate.
The first Swiss automated asset manager, Robo-Advisor, was launched back in 2010, providing the ideal solution for anyone who wants complete control over their wealth management without having to permanently keep an eye on the markets.
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,” he added.
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.
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