Smart Invest
- save securely & invest wisely
A well-balanced blend of security and return potential.
Smart Invest –
save securely & invest wisely
A structured solution combining a competitively priced fixed-term deposit with a fixed interest rate and a long-term investment component offering growth opportunities.
One portion is invested in a secure fixed-term deposit with guaranteed interest, whilst the remaining part is invested in professionally managed discretionary asset management portfolio (Balanced Megatrends Portfolio) to offer the potential for higher returns.
Contact us today for a free and non-binding quote.
How does Smart Invest work?
| The minimum total investment amount is: | EUR 100.000 |
| Proportion of the investment in fixed-term deposits: | min. 10 % max. 50 % |
| Proportion of the investment in asset management: | min. 50 % max. 90 % |
Discretionary Asset Management Balanced Megatrends Portfolio
Please refer to the factsheet ‘Balanced Megatrends Portfolio’ on our website at: https://www.wienerprivatbank.com/en/wealth-management
Fixed-term deposit terms
3.2 % per annum for a 12-month term. At the end of the term, the amount, including interest and net of tax, will be transferred to your current account with Wiener Privatbank SE, where it will earn interest at the current rate for demand deposits.
Discretionary asset management terms
To benefit from the special terms (in particular the fixed-term deposit interest rate) offered by Smart Invest, the discretionary asset management arrangement must remain in place at least until the end of the fixed-term deposit’s term. Please note the recommended minimum long-term holding period for the ‘Balanced Megatrends Portfolio’ discretionary asset management service. Once the term of the fixed-term deposit has ended, the custody account containing the funds or the discretionary asset management service will remain in place under the same terms.
Conflict of interest
The Smart Invest Fixed-Term Deposit offers an above-market interest rate. This is because the Smart Invest discretionary portfolio management service also includes selected by Matejka & Partner Asset Management GmbH managed investment funds.
Wiener Privatbank SE has a particular interest in the distribution of the discretionary asset management, as Matejka & Partner Asset Management GmbH pays an ongoing fee to Wiener Privatbank in the form of a share of the management fee. Matejka & Partner Asset Management GmbH is a subsidiary of Wiener Privatbank SE.
Costs & Terms
It is not possible to open a fixed-term deposit account on its own under the terms and conditions offered by Smart Invest. However, a fixed-term deposit account can be opened at any time outside of Smart Invest on the current terms and conditions as set out in the “Factsheet Fixed-Term Deposit”.
The investment in the asset management without the simultaneous opening of a fixed-term deposit account is possible at any time on the applicable terms, as set out in the General Fees & Charges.
Please find below an overview of the terms and conditions for the Smart Invest combination product:
| Smart Invest Combination | |
|---|---|
| Interest rate | The attractive fixed interest rate on the 12-month fixed-term deposit is 3.2 % per annum |
| Fixed-term deposit account management | free |
| All-in fee | For discretionary asset management, the all-in fee is reduced to 0.9 % p.a., and the minimum fee of EUR 1,000 does not apply. |
Please also refer to the current General Fees & Charges.
Risks
- In the event of early termination of the Smart Invest fixed-term deposit by the client, the interest rate on the deposit will be reduced (early withdrawal penalties may apply).
- The investment component in securities is subject to market fluctuations.
- Capital losses, including total loss, are possible when investing in securities.
- In order to benefit from the preferential terms of Smart Invest (in particular the fixed-term deposit interest rate above market level) the discretionary asset management must be maintained, for at least the duration of the fixed-term deposit.
- Fees and taxes may reduce overall returns.
There is a risk that the purchasing power of the invested capital will not be preserved due to inflation.
Please note the following general risk warnings.
Benefits of Smart Invest
- Interest rates on the fixed-term deposit portion that are above market levels.
- You can determine for yourself how you wish to diversify your risk by setting the percentage allocation of your investment between fixed-term deposits and securities.
- Fixed-term deposits are protected up to EUR 100,000 by the deposit guarantee scheme.
- When combining fixed-term deposits with discretionary asset management, you benefit from reduced management fees and the waiver of the minimum fee of EUR 1,000.
- Through securities investment, you can participate in the performance of the equity or bond markets; risk is spread across many different investments, and professional managers ensure optimal portfolio management.
Notes & Legal Information
Early termination
In the event of an early termination of the Smart Invest discretionary asset management, you will lose your entitlement to the enhanced Smart Invest fixed-term deposit rate. As a result, the fixed-term deposit rate will be adjusted to the rate applicable at the time of the termination of the fund of the discretionary asset management, in accordance with the conditions for the respective term as set out in the “Factsheet Fixed-Term Deposit”(“Factsheet Festgeld”).
In the event of early termination of the fixed-term deposit, advance interest of 1‰ per full month of the remaining agreed term, as defined by the provisions of the Banking Act, will be deducted from the investment amount. In all cases, at least the investment amount will be paid out.
Deposit Guarantee scheme
The fixed-term deposit is protected under the deposit guarantee scheme up to an amount of EUR 100,000. Investments in securities are not covered by the deposit guarantee scheme. Please note the following information: www.wienerprivatbank.com/en/legal-information
General legal notices
This marketing communication is for information purposes only and does not constitute investment advice, an offer or a solicitation to buy or sell the financial instruments mentioned herein, nor is it to be regarded as a solicitation to make an offer to enter into a contract for an investment service or ancillary service. This information sheet does not provide a comprehensive overview of the investment, its potential risks and consequences, nor does it take into account the investor’s individual needs regarding returns, tax situation or risk appetite. This information sheet cannot replace advice tailored to the investor and their investment needs from your personal investment adviser. Please also note the credit institution’s customer information in accordance with the Austrian Securities Supervision Act 2018 (WAG).
Please note: Investments in securities involve risks in addition to the opportunities described. Past performance is not a reliable indicator of future performance. Please note that statements regarding future economic developments are generally based on assumptions and estimates which may prove to be inaccurate over time.
The products referred to herein may not be offered, sold or otherwise made available to U.S. citizens or persons resident or tax resident in the United States, or to companies established therein, nor may such persons or entities acquire these products, including in Austria.
For questions regarding your individual tax situation, we recommend that you seek professional tax advice. Tax treatment depends on your personal circumstances and may be subject to future changes.