Scalable Capital Robo

Scalable Capital Robo is the discretionary managed-portfolio service of Munich-based Scalable Capital, the company's original product launched in 2014. After a short risk and goal questionnaire, customers are assigned an ETF portfolio matched to their target risk band, which Scalable rebalances and adjusts using its own risk-management algorithm. The service is available as a securities account, life insurance wrapper or pension product, with a minimum investment from €1 and a flat 0.75% management fee on top of underlying ETF costs. Scalable is a fully licensed bank under BaFin supervision.