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BUX and BlackRock join forces to launch ETF savings plans in Europe 


BUX, described by the firm as one of Europe’s fastest growing neobrokers, with more than one million users in Europe, and BlackRock, have announced an ETF savings plan offering that delivers ETF portfolio trades in Europe, using iShares ETFs. 

BUX writes that it allows investors to build individual portfolios with iShares ETFs that offer broad asset allocation into bonds and stocks across global markets. The firm says that investors can set up a monthly BUX Savings Plan in just three clicks that matches their personal interests and investing preferences. Investors can build their own savings plan by choosing from different iShares ETFs, including stocks, bonds, themes, sectors, factors and sustainable ETFs. 

With minimum investments of EUR10 per ETF per month, and EUR1 commission fee per portfolio trade, BUX ETF savings plans are designed to help contribute to a stable financial future and help investors build knowledge of financial markets and diversification to inform their future investment decisions.

Lack of knowledge is the biggest barrier to investing, firm says

According to a survey commissioned by BUX, 42 per cent of respondents indicated that ‘a lack of knowledge’ as well as 40 per cent indicating that they ‘don’t know where to start’ as leading reasons not to invest. Even though long-term investing can play an important role in building a stable financial future, and 39 per cent of respondents indicated that saving for the long term was a leading motivation to invest, the survey indicated that a large portion of the surveyed European population is not confident in making investments.

Yorick Naeff, CEO, BUX says: “The appetite to start investing is there, but the knowledge is lacking and becomes a blocker for people who want to begin investing but don’t have any experience. By joining forces with Blackrock, a renowned expert in financial markets and products, we have created a good solution for clients that are overwhelmed by the choice of products and don’t know how and when to start investing. Together, BUX and BlackRock can make a real impact on how Europeans invest and approach their financial future.”

Christian Bimueller, Head of Digital Distribution Continental Europe, BlackRock, says:

“When investing is made cost-efficient and accessible, millions of investors turn to iShares ETFs as tools to build investment portfolios and achieve financial well-being. We are delighted to be working with BUX, this partnership creates an efficient way for investors across Europe to reach the benefits of ETFs and investing in global markets in a simple, accessible and cost-efficient format.”

The BUX savings plans with iShares ETFs will be available in the BUX app from January 31 across all markets where BUX is available.

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