Laaken has welcomed an increasing number of charitable foundations and associations as new clients. In practice, our investment principles and approach meet the standards charities are looking for. If your foundation wishes more customisation to better reflect its norms and values, Laaken will further support you in achieving your goals and setting up an optimally aligned portfolio. The partners of Laaken have relevant managerial experience in various charitable foundations.
Laaken would welcome the opportunity to support your foundation in drafting the investment statute or formulating specific ESG principles in the portfolio. Laaken offers discretionary portfolio management on the basis of a model or a customised portfolio. We draw up an investor profile with your foundation’s investment goals and preferred risk and return. Many of our team members have held and presently hold board positions at various foundations. Our clients often appreciate this combination of personal experience and professional knowledge.
If your foundation’s norms and values identify with social responsibility, so should your foundation’s investment portfolio. Our ESG investment policy lays the foundation for your socially responsible investments.
In consultation with your foundation, we may apply additional ESG criteria such as exclusion of specific companies or sectors, which do not align with your foundation’s values.
The investment objective of the Laaken Balanced model portfolio is capital growth and income generation. We invest ~60% in equities and ~40% in fixed income. The model portfolio has achieved an average gross return of 7.5% per year versus the benchmark of 5.1%.
You will receive detailed monthly reporting on the performance of your portfolio and individual assets. If you wish, we may consolidate other externally managed assets such as securities deposits in our reporting, for a complete financial overview. In addition to the monthly reports, you have continuous access to your portfolio through your custody bank portal. If you would like to get in touch with your portfolio manager, we remain at your disposal to answer any of your questions. At all times, by phone, email or in person.
The fee structure of Laaken is simple and transparent with attractive graduated rates, based on your assets under management. Laaken never accepts any fees other than the management fee. In addition to the management fee, the custody bank charges service and transaction costs for holding, buying and selling securities. These costs are settled directly with your custodian. Laaken periodically evaluates these charges in order to ensure competitive rates for our clients. Please see the table for an overview of the total estimated annual costs for various account sizes.
Are you interested in our services or your options at Laaken? Please contact us.