TAILORED
INVESTMENTS

Profitable investment has never
been easier and cheaper.

You must gain control over your money or the lack of it will
forever control you.

Dave Ramsey
Dave Ramsey

We know how annoying bank visits are

Finax offers you the entire process of investing online, from opening an account, consulting, selecting the right portfolio, investing itself, to monitoring the progress of the investment as well as its changes and termination. With us you can do everything online.

Account opening and portfolio selection

Knowing your goals

To begin with, we need to know your needs and your financial goals. Therefore, in the beginning we will ask you a few simple questions to know what you desire, what form of investment do you prefer and what kind of investment is ideal for you.

Knowing your profile

Part of the questions also examines your so called investment profile. Simply said, it is about getting to know your relationship to risk. The law obliges us to identify your investment experience, the purpose of your investment, and the degree of risk that you are willing to undertake or is suitable for you.

Investment selection

Based on your responses, we will choose an investment - select a portfolio tailored to you, your goals, investment horizon, possibilities, experiance and last but not least your risk appetite. Doing so, we will minimize the risk of your investment.

Portfolio

The selected portfolio will be then introduced by us. We will outline the average expected result of the investment based on the historical performance of each type of financial instrument. But we will also show you how your portfolio might perform in the event of an unfavorable or on the other hand in the case of very positive financial market situation, so you know exactly what you can expect from investing.

Advisory

We compare the potential result of the investment with the financial goals set by you. We will show you immediately if the goals are real, and we will recommend what you can do to meet them. We allow our clients to adjust their portfolio according to their requirements within the legal possibilities.

Knowing our client

If you are satisfied with the recommended portfolio and you are identifying yourself with the investment, we continue with sign up and opening your account. First of all, we need to know who is our client and how we communicate with him. In this step, you will answer several questions regarding your personal data and legal requirements.

Contract

Based on the acquired information the system will submit you the draft contract for signature. It also includes several elements of verifying your identity. You choose the way you want us to verify your identity. You then sign the contract online or through a courier.

Account opening

After signing the contract, we will open a managed account for you, on which we will manage your investment. Account of yours is accessible 24/7 online at www.finax.eu/en through the Sign In section.

Sending financial funds

The final step is to deposit funds on your Finax investment account. You are able to send your funds from your bank account according to the payment instructions given, or set a standing order in your bank account for a regular investment.

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Investment

Once the funds are credited to your managed account, we will make an investment. We invest in specifically designated asset classes using ETF. ETF transactions (purchase/sale) are carried out once a week, usually on Tuesdays. In case that this day or the day before coincides with Slovak national holiday, the transactions are carried out on the next working day or the next trading day, in case of a holiday in the country where we are trading.

Course of investment

Online account

The client can track his account online on our website. The online dashboard provides you with the overview of the composition and performance of your portfolio, performed transactions, account statements and so on. It also contains an active part with multiple functions.

Investment monitoring

It's not just tracking the development of prices of financial instruments, but mainly the monitoring of the fulfillment your financial goals set by yourself. Our modern system will show you at any moment of your investment whether you are on the right path to your goals and as well the likelihood of those fulfillment based on the current status of your investment.

Continuous advisory

The online investment overview offers you qualified recommendations. In case you are not on the right path to meet your financial goals, it will suggest a change in the parameters of your investment which will direct you to the right track.

Changes in investment

The proposed changes can be done easily and conveniently online.

Portfolio management

In order to maximise returns and minimise the risk associated with portfolios, we regularly rebalance them. To the greatest extent possible, we keep the distribution of investment in individual asset classes at the initial level throughout the investment horizon (initially chosen allocation). Portfolio rebalancing dates are not predetermined, but are based on its evolution and changes in its parameters. Rebalancing is automated, it is evaluated and executed by an algorithm.

Tax impact

The system constantly compares the changes you initiated as well as those resulting from portfolio management with possible tax consequences. When rebalancing your portfolio, we try to analyse possible tax impacts based on your local tax regulations. When you make changes to your portfolio, we will notify you of possible tax implications and provide recommendations on how to minimise your tax liability.

Boost your financial knowledge 

Always interesting topics in our Finax webinars


Investment termination

Anytime

You can terminate your investment at any time. Your funds will be available almost immediately. Transactions are usually carried out every Tuesday. Selling your investment and transferring the funds to your personal bank account may take from 3 to 10 days from receiving your order to terminate the investment.

Compliance with the horizon

We recommend that you keep your chosen horizon. Premature termination of your investment may lead to your goals not being met, worse performance and investment losses. One of the factors influencing the selection of a particular portfolio is the investment horizon.

No fees

The termination of the investment, its premature termination and the withdrawal of funds are free of any charges.

Tax impact

At withdrawal, we will advice you how to lower your tax upon selling the investments.