BUX, BlackRock Partner to Launch ETF Savings Plan in Europe, Offers Portfolio Trades with iShares ETFs

BUX​, one of Europe's leading online brokers, has introduced an ETF savings plan, which offers ETF portfolio trades in Europe leveraging iShares ETFs, in partnership with the world's biggest asset manager BlackRock.

According to the official press release, the new offering, available in the BUX app, can help contribute to a stable financial future and support investors to build knowledge of financial markets and diversification to inform their future investment decisions. Minimum investments are €10 per ETF per month, and €1 commission fee per portfolio trade.

Using BUX ETF savings plans, investors are able to build individual portfolios with iShares ETFs that offer broad asset allocation into bonds and stocks across global markets. They can set up a monthly BUX Savings Plan in just three clicks that matches their personal interests and investing preferences, by choosing from different iShares ETFs, including stocks, bonds, themes, sectors, factors and sustainable ETFs.

Yorick Naeff, CEO, BUX stated, "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 said, "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."