Managed account

The core activity of Laaken Asset Management is managing individual portfolios. The asset management mandate is executed in the client's account at a depository bank of choice. Laaken has agreements with renowned Dutch or foreign custody banks through which the asset of the clients can be managed.

Reporting to the client is done directly by Laaken, either every quarter or conforming the clients wish. If desired, the report can be expanded by consolidating multiple security deposits and assets outside the Laaken mandate.

In accordance with the agreed risk profile, the portfolio will track either a Defensive or Balanced model, or can be custom made. The portfolio it set up to fit the objectives and financial situation of the client.

Laaken offers complete transparency and works with a simple and clear pricing structure. The asset management mandate starts after the deposit of cash or the transfer of an existing portfolio.

The asset management fee amounts 1/4% per quarter over the capital up to EUR 5 million and 1/8% over the exceeding amount, calculated based on the quarter end capital, plus 21% VAT for EU residents. The minimum amount for an individual portfolio is EUR 1 million.

Laaken model portfolios

Laaken Balanced EUR

The Balanced model portfolio's objective is long term capital growth and income generation. This portfolio has a neutral risk profile. In the neutral allocation 40% of the portfolio is invested in fixed income securities and cash. At least 25% of the portfolio is invested in fixed income securities with a credit rating of AA or higher and liquidity. The securities in this portfolio are mainly value investments that generate income from dividends and interest payments. However, some of the investments have a focus on growth. The historic annual standard deviation of the portfolio, measured over the entire duration of the portfolio, is 8% and 6.1% over the last three years.

Laaken Defensive EUR

The Defensive model portfolio's objective is to preserve capital and generate income. This portfolio has a defensive risk profile. In the neutral allocation 65% of the portfolio is invested in fixed income securities and cash. At least 40% of the portfolio is invested in fixed income securities with a credit rating of AA or higher and liquidities. The securities in this portfolio are mainly value investments that generate income from dividends and interest payments. The historic annual standard deviation of the portfolio, measured over the entire duration of the portfolio, is 5.2% and 5.3% over the last three years.

Laaken Defensive USD

The Defensive USD portfolio's objective is to preserve capital and generate income for cliënts with a U.S. Dollar reference currency. This portfolio has a defensive risk profile. In the neutral allocation 65% of the portfolio is invested in fixed income securities and cash. At least 40% of the portfolio is invested in fixed income securities with a credit rating of AA or higher and liquidities. The securities in this portfolio are mainly value investments that generate income from dividends and interest payments. The historic annual standard deviation of the portfolio, measured over the entire duration of the portfolio, is 5% and 4.4% over the last three years.

Investment returns in Euro’s gross of management fees & bank expenses. Reported returns to potential clients are returns before cost because net returns depend on the portfolio value and custody bank.

The model portfolios Defensive EUR and Balanced EUR, as referred to in the overview above, were established at the beginning of 2007 on the basis of € 5,000,000 each. The performances have partially been backtracked as of 1 January 2007 for the period till April 2007. The Defensive USD was established in november 2011. The portfolio benchmarks are rebalanced to the norm weight on a monthly basis. The value of one’s investments may fluctuate over time; past performance is not a guarantee of future results.