Copenhagen based Retail FX and CFDs broker Saxo Bank has announced the launch of its new funds offering in the UK.

The new offering allows retail investors to trade the full width of the investment spectrum from short term instruments like options to funds. Saxo said it has curated a list of more than 6,000 popular global funds from top fund managers including Baillie Gifford, BlackRock, Fidelity, Fundsmith, J.P Morgan and Vanguard. There are over 500 equity, 2,000 fixed income, 730 multi-asset and 160 alternative funds providing exposure to a range of sectors from biotech, consumer staples, real estate, energy, gold, mining, healthcare, industrial and natural resources to technology, telecommunications and utilities.

Saxo added that its funds offering is highly competitive, allowing users to buy funds with zero commission, no platform fee and annual custody charges of only 0.4% p.a. (classic accounts), 0.2% p.a. (platinum accounts) or 0.1% (VIP accounts).

Funds are the foundation of many clients’ portfolios. With this new offering, clients are able to seamlessly consolidate their entire investment portfolio, including ISAs and SIPPs, making Saxo’s platform a comprehensive one-stop destination for many of their investment and trading requirements.

Charlie White-Thomson, CEO of Saxo Markets UK, commented on the announcement:

“The launch of Saxo’s fund offering overlaps a period of significant market volatility and geopolitical tension. I have consistently supported active management including mutual funds as an important part of any well diversified portfolio. We are in a new paradigm for markets following the heavy stimulus of rock-bottom interest rates and the resulting enhanced price performance. In a world where we cannot rely on this industrial scale central bank stimulation, we should tap into some of the finest brains within the asset management world, via funds, to assist and boost performance and help us navigate these volatile financial markets.”

Saxo Bank is controlled by China’s Geely Group.