Start investing right now, just using SEB mobile app. Anytime, anywhere.
It takes only 15 minutes
Invest with as little as 1 euro
No previous investment experience is needed
What is Robo-Advisor?
- Robo-Advisor is an automated solution which helps everyone to start investing. Robo-Advisor can be found in SEB app, in the Investing submenu on the bottom of the page.
- All the activity only happens in the mobile application.
- 0 euro for purchasing and selling the investments.
- You will be charged a monthly fee depending on service (fund administration fee or portfolio management fee). Instrument ongoing fee is included in instrument prices and you pay it indirectly.
- Robo-Advisor provides recommendations for suitable investment, and you can set up the investment immediately.
- Solutions offered in Robo-Advisor take into account the aspect of sustainability.
During the Robo-Advisor session, you must choose from either investment solution
Here is the explanation of what the differences are.
| Criteria | Advice on funds | ETF portfolio |
|---|---|---|
| Minimal investment amount | 1 EUR | 10 EUR |
| Conclusion of agreement | Free of charge | Free of charge |
| Purchase and sale transactions | Free of charge | Free of charge |
| Total expenses | 1,14%-1,57% per year. Depends on what Fund you will buy. | 0,90%-0,97% per year. Depends on what ETFs are in your portfolio. |
| Example | For example, per every 100 Eur you invest, the annual costs and charges would be around 1,14-1,57 EUR. | For example, per every 100 Eur you invest, the annual costs and charges would be around 0,90-0,97 EUR. |
| Order execution and settlement |
Trade orders are executed each working day following the particular fund’s trading cycle. |
Trade orders are executed on Tuesdays. In some exceptional cases, i.e. holidays on Tuesday in specific countries or markets where trades are executed, market disruptions or other unforeseen circumstances, trade orders might be initiated in the next possible trading day or the following Tuesday. Trade settlements require an additional 2 business days, therefore in case of withdrawal of the funds from investment portfolio account the transfer of money to your account usually might take up to 8 business days (in exceptional cases – up to 14 business days) after the submission of your withdrawal request. |
Frequently asked questions
SEB Robo-Advisor is an automated investment solution, where we advise you where to invest according to the answers you give. Also the solution helps you to easily set up investments, where we will do all the needed to make this investment happen.
Everyone who is over 18 years old and would like to start investing, but do not know where to start. Through the solution you can start investing with it.
Solution is available only for private customers.
This service is available only in case client has spouse consent. Customers who are married according to the legal acts of the Republic of Lithuania have the right to sell or transfer the securities only by providing evidence to the bank that the securities are their private property, or by submitting their spouse's consent.
Once the ETF portfolio is set up, you can conveniently take actions in the “Investments” section of SEB mobile app. Select your ETF portfolio and press “More” to invest additional funds, withdraw your investments, adjust the regular investment, update investor data, or terminate the service.
Yes, you can open multiple Robo-Advisor at the same time so if you have different investment goals then this would work perfectly for You.
In the case of ETF portfolio, you need to submit termination request via Mobile app. It can be done easily in the section “Investments” opening on screen your securities account and clicking on More/Terminate the service.
In the case of SEB funds, you need to sell your holdings and to terminate the fund standing order. Both actions can be done via internet bank. In case a particular securities account must be closed, please submit closure request via Internet bank. It can be done only when all securities are sold.
The tax must be paid when you are selling the assents and gaining capital from it. Therefore, the capital gain tax needs to be paid.
Download the SEB mobile app to try Robo-Advisor
