Multi-Manager Mandate

Multi-Manager Mandate

Innovative investing all over the world

  • Diversified investing in globally renowned fund houses and thematic funds
  • Sustainability is key
  • Possible from € 50,000

Investing in economic growth, with a view to sustainability

With the Multi-Manager Mandate you invest in a portfolio of global investment funds managed by renowned experts.

The portfolio pays extra attention to three clear trends that strongly influence economic growth. These are developments in technology, demographics and the environment. We also set high standards for the sustainability of the selected investments for this mandate.

Results through combined specialisms

Results through combined specialisms

Each of our best-in-class fund managers is an expert with their own specialism. By combining the skills of these experts, we create a solid portfolio, one that is diverse and focused on results.

What do you want to know?

Features of this mandate
  • You invest in a portfolio consisting of investment funds managed by globally renowned fund managers on behalf of ABN AMRO.
  • In addition to the basic portfolio, you also invest in thematic funds.
  • Each of the best-in-class experts has their own specialism.
  • They invest in both globally renowned companies and smaller companies with innovative products.
  • By combining the skills of the experts, we create a solid portfolio, one that is diverse and focused on results.
  • To underline our commitment to sustainability, we only select investment funds with an above-average sustainability score.
  • In this way, you benefit from the full breadth of ABN AMRO’s expertise in the field of asset management, fund selection, thematic research and sustainability.

What does the Multi-Manager Mandate look like?

There are three layers of experts working for you in the Multi-Manager Mandate. The investment committee meets every week to determine or adjust the investment strategy. The committee closely monitors market conditions and chooses to invest in categories with more or less risk so that your portfolio generates an optimal return. Our Manager Selection Team, one of the most experienced teams in Europe in this field, uses that strategy to select the fund managers that fit the focus indicated. These are always complementary fund managers, each with a distinct specialism or investment style, who have proven themselves over several years.

This working method forms the basis of your portfolio, the “core”. To this solid foundation we add thematic funds that provide additional potential. In this way, the Multi-Manager Mandate forms a so-called core-satellite portfolio. This core-satellite approach delivers a portfolio of stable and balanced mandates with extra emphasis on where the greatest opportunities lie.

Return over the last 5 years

Actual returns after deduction of fees

This table shows the actual net returns achieved under the Multi-Manager Mandate for the past five years.

Risk 2017 2018 2019 2020 2021 since 2017

Defensive

2,1%

-4,7%

7,6%

0,6%

3,3%

8,7%

Moderately defensive

3,8%

-6,5%

10,8%

0,4%

7,4%

16,0%

Moderately aggressive

5,7%

-9,1%

15,6%

1,5%

13,5%

27,8%

Aggressive

7,4%

-11,8%

20,2%

1,6%

18,6%

37,1%

Very aggressive

8,5%

-13,0%

22,9%

1,4%

22,3%

44,0%

Source: ABN AMRO Portfolio Management, compound rate of return for the period 1 January 2017 - 31 December 2021.

Results are stated after the deduction of all fees and are based on a geometric mean calculation. These are the model portfolio results, which may differ from the returns achieved on the portfolios of individual clients. The value of your investments may fluctuate. Past performance is no guarantee of future performance.

An example calculation

We use an example calculation to show what your return and your costs could have been in the past.

Arthur is an investor who has opted for the Portfolio Management Multi-Manager Mandate. He has a moderately aggressive risk profile. His investment portfolio is worth € 100.000. In 2021, his total annual fees and net return were roughly as follows:

Type of fee Amount Percentage

Investment service costs (including VAT)

€ 1.270

1,27%

Product costs (ongoing charges & transaction costs in funds)

€ 1.060

1,06%

Total fees

€ 2.330

2,33%

Net return (after deduction of all costs)

€ 13.500

13,50%

Source: ABN AMRO Portfolio Management, compound rate of return for the period 1 January 2021 - 31 December 2021. These are the model portfolio results, which may differ from the returns achieved on the portfolios of individual clients. The value of your investments may fluctuate. Past performance is no guarantee of future performance.

Returns achieved after costs.
If transactions are made in foreign currencies and settled in euros, you will pay exchange costs for the conversion.

Costs

Fees that you pay to us

You pay us a fee for our services, which include managing your portfolio and ongoing advice. This is an all-in fee, so you will not be charged any additional fees for withdrawing cash or changing your mandate or risk profile, for example. Moreover, no additional fees will be charged if you decide to stop using our Portfolio Management services. The exact fee you pay depends on your risk profile and ranges from 1.21% to 1.39% of your invested assets each year (these percentages include 21% VAT).

Fees that you pay to other parties

You also pay fees for the investment funds that are run by external fund managers for ABN AMRO. Some of the funds are managed by ABN AMRO, in which case ABN AMRO is the fund provider. These fees are also known as ongoing charges and are paid to managers to cover the costs of making the investments and administration costs. You do not need to pay the ongoing charges separately as they are included in the price of each investment fund.

Portfolio Management fee sheet

What does this mandate comprise?

A broadly diversified portfolio consisting mainly of investment funds selected by our investment experts from a global range. The investment platform provides access to a wide range of investment funds and fund managers.

  • Equity funds
    Equity funds invest in a specific region or focus on a specific type of company, such as companies with potential for growth or companies that pay a high dividend. 
  • Bonds
    You can choose to invest part of your portfolio in bonds as they have a relatively low risk. The bonds we offer have varying credit ratings and terms to maturity. 
  • Other investments
    Alternative investments, such as investments in commodities or hedge funds, often do not respond to market developments in the same way as equities and bonds. Our investment experts may therefore include these investments in your portfolio. 
  • Liquid assets
    Liquid assets are held in an account that pays interest. This account is covered by the deposit guarantee scheme.
Sustainability

Sustainability is important in ABN AMRO’s investment services, which is why we also apply this within the Multi-Manager Mandate. We exclude investments in companies that produce controversial weapons or tobacco, as well as avoid incorporating those companies into the portfolio that attach little importance to sustainability.

We use the Morningstar Sustainability methodology for this, which gives every company a sustainability score. Morningstar is a global leader in investment fund information.

For our portfolio, we require that the average sustainability score for each fund is at least the average of comparable funds or higher. This gives you an investment portfolio that, in addition to the return, also has a view to sustainability.

Do you want to know how much impact you make with your investments? If you invest with ABN AMRO, you will receive an overview of the sustainable impact of your investments in your quarterly report.

Risk profiles

ABN AMRO uses five different risk profile in its Portfolio Management services. These range from a low-risk profile (defensive) to a very high-risk profile (very offensive). Each risk profile is associated with a specific portfolio model, which shows how we recommend you spread your investments across equities, bonds, alternative investments and liquid assets.

Once you have determined your risk profile with the guidance of your Investment Adviser, we will be able to put together an appropriate investment portfolio and immediately give you an idea of the impact on your investment returns.

Information on your invested assets

Your Investment Adviser will discuss your portfolio with you once a year. We also keep you continuously updated on your portfolio, its returns and the investment policy in various ways.

Investment Dashboard

Your Investment Dashboard can be viewed in Internet Banking at any time of day or night. The Investment Dashboard provides a quick picture of your portfolio, investment gains and losses, and income. Besides viewing your total assets, you can also see the individual financial instruments (including related results). The Investment Dashboard provides a clear overview and is easy to use.

How to view your Investment Dashboard:

  1. Select an investment account in Internet Banking 
  2. Click on 'Investment report' 
  3. View your portfolio and results in your Investment Dashboard.
Wealth Dashboard

We also keep you updated in other ways:

Investment report

This quarterly report includes information on the following:

  • Your actual return, compared with the benchmark for your profile 
  • The transactions in the past quarter 
  • The allocation of your assets across the asset classes 
  • An explanation of the investment policy in the past quarter 

Digital Portfolio Management newsletter

You will receive our monthly digital newsletter, which explains the investment choices made by our specialists.

Annual statement for tax purposes

The bank will send you an annual statement for tax purposes showing the value of your assets that you need to report in your tax return.

Conditions and Risks

Conditions

Read the investment  terms and conditions .

Risks

You should only invest money that you do not need and that is ;surplus to your buffer for unforeseen expenses. While investing can be very interesting, it also entails risk. You could lose some or all of the money you invested. This is something you need to be aware of. Only invest in investment products that you understand.

If you opt for our Portfolio Management service, you do not make any investment choices yourself. Even so, you still need to be aware of the risks associated with investing.

When you start using our Portfolio Management service, you determine your own risk profile based on advice provided by your Investment Adviser. Our experts will then take care of buying and selling your investments, in line with your risk profile.

It is also good to know that:

  • A specialist department checks the investment risks in your portfolio every day. The daily operational processes that are a necessary part of managing your portfolio comply with the highest European standards (ISEA 3402). 
  • The investments in your portfolio are legally separate from ABN AMRO. They are held in your name and are therefore your property. This means that your investments will be safe in the unlikely event that ABN AMRO becomes insolvent.

Deposits and withdrawals

When you opt for Portfolio Management, you entrust the long-term management of your assets to us. You may make deposits and withdrawals at no extra charge, but this may affect whether you are able to achieve your investment objectives. Your Investment Adviser can provide you with advice about this.

Termination

You can stop using our Portfolio Management service at any time without paying any termination fees.

Statement of adverse effects on sustainability

ABN AMRO takes into account the main negative consequences of investment decisions and advice on sustainability factors. Sustainability factors include environmental, social and employment issues, respect for human rights, and the fight against corruption and bribery. We adhere to the Sustainability Risk Policy Framework of ABN AMRO Bank NV (“ABN AMRO”). The Sustainability Risk Policy Framework is partly based on the various corporate responsibility codes and on internationally recognised sustainability standards or initiatives to which ABN AMRO adheres.

What do you want to know?

Features of this mandate

  • You invest in a portfolio consisting of investment funds managed by globally renowned fund managers on behalf of ABN AMRO.
  • In addition to the basic portfolio, you also invest in thematic funds.
  • Each of the best-in-class experts has their own specialism.
  • They invest in both globally renowned companies and smaller companies with innovative products.
  • By combining the skills of the experts, we create a solid portfolio, one that is diverse and focused on results.
  • To underline our commitment to sustainability, we only select investment funds with an above-average sustainability score.
  • In this way, you benefit from the full breadth of ABN AMRO’s expertise in the field of asset management, fund selection, thematic research and sustainability.

What does the Multi-Manager Mandate look like?

There are three layers of experts working for you in the Multi-Manager Mandate. The investment committee meets every week to determine or adjust the investment strategy. The committee closely monitors market conditions and chooses to invest in categories with more or less risk so that your portfolio generates an optimal return. Our Manager Selection Team, one of the most experienced teams in Europe in this field, uses that strategy to select the fund managers that fit the focus indicated. These are always complementary fund managers, each with a distinct specialism or investment style, who have proven themselves over several years.

This working method forms the basis of your portfolio, the “core”. To this solid foundation we add thematic funds that provide additional potential. In this way, the Multi-Manager Mandate forms a so-called core-satellite portfolio. This core-satellite approach delivers a portfolio of stable and balanced mandates with extra emphasis on where the greatest opportunities lie.

Return over the last 5 years

Actual returns after deduction of fees

This table shows the actual net returns achieved under the Multi-Manager Mandate for the past five years.

Risk 2017 2018 2019 2020 2021 since 2017

Defensive

2,1%

-4,7%

7,6%

0,6%

3,3%

8,7%

Moderately defensive

3,8%

-6,5%

10,8%

0,4%

7,4%

16,0%

Moderately aggressive

5,7%

-9,1%

15,6%

1,5%

13,5%

27,8%

Aggressive

7,4%

-11,8%

20,2%

1,6%

18,6%

37,1%

Very aggressive

8,5%

-13,0%

22,9%

1,4%

22,3%

44,0%

Source: ABN AMRO Portfolio Management, compound rate of return for the period 1 January 2017 - 31 December 2021.

Results are stated after the deduction of all fees and are based on a geometric mean calculation. These are the model portfolio results, which may differ from the returns achieved on the portfolios of individual clients. The value of your investments may fluctuate. Past performance is no guarantee of future performance.

An example calculation

We use an example calculation to show what your return and your costs could have been in the past.

Arthur is an investor who has opted for the Portfolio Management Multi-Manager Mandate. He has a moderately aggressive risk profile. His investment portfolio is worth € 100.000. In 2021, his total annual fees and net return were roughly as follows:

Type of fee Amount Percentage

Investment service costs (including VAT)

€ 1.270

1,27%

Product costs (ongoing charges & transaction costs in funds)

€ 1.060

1,06%

Total fees

€ 2.330

2,33%

Net return (after deduction of all costs)

€ 13.500

13,50%

Source: ABN AMRO Portfolio Management, compound rate of return for the period 1 January 2021 - 31 December 2021. These are the model portfolio results, which may differ from the returns achieved on the portfolios of individual clients. The value of your investments may fluctuate. Past performance is no guarantee of future performance.

Returns achieved after costs.
If transactions are made in foreign currencies and settled in euros, you will pay exchange costs for the conversion.

Costs

Fees that you pay to us

You pay us a fee for our services, which include managing your portfolio and ongoing advice. This is an all-in fee, so you will not be charged any additional fees for withdrawing cash or changing your mandate or risk profile, for example. Moreover, no additional fees will be charged if you decide to stop using our Portfolio Management services. The exact fee you pay depends on your risk profile and ranges from 1.21% to 1.39% of your invested assets each year (these percentages include 21% VAT).

Fees that you pay to other parties

You also pay fees for the investment funds that are run by external fund managers for ABN AMRO. Some of the funds are managed by ABN AMRO, in which case ABN AMRO is the fund provider. These fees are also known as ongoing charges and are paid to managers to cover the costs of making the investments and administration costs. You do not need to pay the ongoing charges separately as they are included in the price of each investment fund.

Portfolio Management fee sheet

What does this mandate comprise?

A broadly diversified portfolio consisting mainly of investment funds selected by our investment experts from a global range. The investment platform provides access to a wide range of investment funds and fund managers.

  • Equity funds
    Equity funds invest in a specific region or focus on a specific type of company, such as companies with potential for growth or companies that pay a high dividend. 
  • Bonds
    You can choose to invest part of your portfolio in bonds as they have a relatively low risk. The bonds we offer have varying credit ratings and terms to maturity. 
  • Other investments
    Alternative investments, such as investments in commodities or hedge funds, often do not respond to market developments in the same way as equities and bonds. Our investment experts may therefore include these investments in your portfolio. 
  • Liquid assets
    Liquid assets are held in an account that pays interest. This account is covered by the deposit guarantee scheme.

Sustainability

Sustainability is important in ABN AMRO’s investment services, which is why we also apply this within the Multi-Manager Mandate. We exclude investments in companies that produce controversial weapons or tobacco, as well as avoid incorporating those companies into the portfolio that attach little importance to sustainability.

We use the Morningstar Sustainability methodology for this, which gives every company a sustainability score. Morningstar is a global leader in investment fund information.

For our portfolio, we require that the average sustainability score for each fund is at least the average of comparable funds or higher. This gives you an investment portfolio that, in addition to the return, also has a view to sustainability.

Do you want to know how much impact you make with your investments? If you invest with ABN AMRO, you will receive an overview of the sustainable impact of your investments in your quarterly report.

Risk profiles

ABN AMRO uses five different risk profile in its Portfolio Management services. These range from a low-risk profile (defensive) to a very high-risk profile (very offensive). Each risk profile is associated with a specific portfolio model, which shows how we recommend you spread your investments across equities, bonds, alternative investments and liquid assets.

Once you have determined your risk profile with the guidance of your Investment Adviser, we will be able to put together an appropriate investment portfolio and immediately give you an idea of the impact on your investment returns.

Information on your invested assets

Your Investment Adviser will discuss your portfolio with you once a year. We also keep you continuously updated on your portfolio, its returns and the investment policy in various ways.

Investment Dashboard

Your Investment Dashboard can be viewed in Internet Banking at any time of day or night. The Investment Dashboard provides a quick picture of your portfolio, investment gains and losses, and income. Besides viewing your total assets, you can also see the individual financial instruments (including related results). The Investment Dashboard provides a clear overview and is easy to use.

How to view your Investment Dashboard:

  1. Select an investment account in Internet Banking 
  2. Click on 'Investment report' 
  3. View your portfolio and results in your Investment Dashboard.
Wealth Dashboard

We also keep you updated in other ways:

Investment report

This quarterly report includes information on the following:

  • Your actual return, compared with the benchmark for your profile 
  • The transactions in the past quarter 
  • The allocation of your assets across the asset classes 
  • An explanation of the investment policy in the past quarter 

Digital Portfolio Management newsletter

You will receive our monthly digital newsletter, which explains the investment choices made by our specialists.

Annual statement for tax purposes

The bank will send you an annual statement for tax purposes showing the value of your assets that you need to report in your tax return.

Conditions and Risks

Conditions

Read the investment  terms and conditions .

Risks

You should only invest money that you do not need and that is ;surplus to your buffer for unforeseen expenses. While investing can be very interesting, it also entails risk. You could lose some or all of the money you invested. This is something you need to be aware of. Only invest in investment products that you understand.

If you opt for our Portfolio Management service, you do not make any investment choices yourself. Even so, you still need to be aware of the risks associated with investing.

When you start using our Portfolio Management service, you determine your own risk profile based on advice provided by your Investment Adviser. Our experts will then take care of buying and selling your investments, in line with your risk profile.

It is also good to know that:

  • A specialist department checks the investment risks in your portfolio every day. The daily operational processes that are a necessary part of managing your portfolio comply with the highest European standards (ISEA 3402). 
  • The investments in your portfolio are legally separate from ABN AMRO. They are held in your name and are therefore your property. This means that your investments will be safe in the unlikely event that ABN AMRO becomes insolvent.

Deposits and withdrawals

When you opt for Portfolio Management, you entrust the long-term management of your assets to us. You may make deposits and withdrawals at no extra charge, but this may affect whether you are able to achieve your investment objectives. Your Investment Adviser can provide you with advice about this.

Termination

You can stop using our Portfolio Management service at any time without paying any termination fees.

Statement of adverse effects on sustainability

ABN AMRO takes into account the main negative consequences of investment decisions and advice on sustainability factors. Sustainability factors include environmental, social and employment issues, respect for human rights, and the fight against corruption and bribery. We adhere to the Sustainability Risk Policy Framework of ABN AMRO Bank NV (“ABN AMRO”). The Sustainability Risk Policy Framework is partly based on the various corporate responsibility codes and on internationally recognised sustainability standards or initiatives to which ABN AMRO adheres.

You can choose from 3 forms of Portfolio Management

Multi-Manager Mandate

Investing in economic growth, with a view to sustainability

  • Diversified investing in globally renowned fund houses
  • You also invest in thematic funds
  • Sustainability is key
  • From € 50,000

Sustainable Funds Mandate

Investing with a view to sustainability and returns

  • Certainty that your investment is sustainable
  • Insight into the degree of sustainability of your investments
  • You invest in exclusive funds
  • From € 50,000

Comfort Income Mandate

Investing to generate extra income

  • Using dividend to supplement your income or pension
  • Focused on high dividend payment
  • Dividend payment is not at the expense of invested capital
  • From € 50,000

Always at the risk level that suits you

If you choose a Mandate that suits you, you will also discuss which risk profile suits your wishes and your situation with a wealth specialist. Your chosen risk profile determines the risk that our investment experts are allowed to take on your behalf.

Read more about the risk profile.

Contact

An introductory meeting costs you nothing and is completely without obligation

Discuss your personal situation with a wealth specialist. Together you will examine whether Portfolio Management is for you.

  • Call 088 388 9779 now or let us know when you want to be called.

  • We will then make an appointment for a discussion with our wealth specialist

  • The discussion usually takes place via Image Banking (video connection) or over the telephone. You can have the discussion in any environment you want.

You can ask any questions you have about Asset Management. The discussion costs you nothing and does not commit you to anything.

Investing entails risks

Investing entails risks. You could lose (some of) the money you invested. If you are going to invest, it is important that you are aware of this. Invest with money you can spare. Keep a buffer for unforeseen circumstances.