Trading strategy
Our Balanced Model Portfolio is designed for investors seeking a well-balanced investment profile. The strategic equity exposure is 50% of the total portfolio, and the portfolio is optimized to maximize the expected return with a maximum risk (standard deviation) of approximately 12%.
The portfolio invests in European and emerging market government bonds, global corporate bonds, and global equities. The portfolio can make small allocations to alternatives. The total annual expense ratio is approximately 0.4%.
Teis Knuthsen is the chief investment officer at Saxo Private Bank, the retail and investment arm of Saxo Bank. Previously, Teis has been CIO and head of asset allocation at Nykredit Asset Management, as well as global head of FX and rates research at Danske Bank and SEB.
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Write a Squawk to Teis Knuthsen
  • Squawk / 11 May 2018 at 22:33 GMT
    Hello dear, please contact me at
    i have something very urgent and important to share with you
    I wait for your mail. Thanks
    Read the Squawk
  • 3y
    Teis Knuthsen Teis Knuthsen
    Hi, that's certainly possible, but we probably won't do it online. You are welcome to contact me at, or get in touch through your normal Saxo...
    PatouDesuite PatouDesuite
    I forgot the ETF Tools, or how to be consistantly inform of the change in allocation.
    Jgl51 Jgl51
    You should also show, in addition to returns, maximum loss and number of months needed to recover. Thanks for sharing this ETF portfolio
  • Article / 02 September 2016 at 12:21 GMT

    Investment Outlook: Good news, bad news

    CIO / Saxo Private Bank
    Investment Outlook: Good news, bad news
    The world economy is faring better than many had expected – global equities have gained 20% in recent months and Brexit wasn't the Armageddon that some had feared. That said, a multitude of severe challenges – ranging from demographics to stubbornly low productivity to inter-racial tensions – await on the horizon.
    Read the article
  • 3y
    Juhani Huopainen Juhani Huopainen
    Exactly my thoughs on the Brexit refendum, which is certainly over-hyped.
    johnnyw johnnyw
    'destructionism' is a good term to use for the EU's socialist policies of wealth destruction.
  • 3y
    Bent L Bent L
    Dear Teis. EUNL and IQQ0 are 60% in US Stock so 60% are carrying a USD risk. Am I right?

    Regards Bent
    Teis Knuthsen Teis Knuthsen
    Hi Bent. Both funds are denominated in EUR, but the underlying currency exposure is open. That means the returns are influenced by currency swings. For example, if...
  • Article / 03 May 2016 at 7:00 GMT

    Morning Markets: Australia cuts rates to combat low inflation

    Consulting editor / TradingFloor
    Morning Markets: Australia cuts rates to combat low inflation
    The Reserve Bank of Australia surprised markets by cutting its policy rate by a quarter point to a record low 1.75% on Tuesday due to lower-than-expected inflation. Asian stock markets were mixed, with Chinese shares up in the first day of trading this week after Monday's May Day holiday and Tokyo closed for Golden Week.
    Read the article
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