The AI wealth manager FinaMaze has launched a new series of Smartfolios; dedicated to Prime Retail investors.
The series is regulated by the Financial Services Regulatory Authority and succeeds the launch of the wealth manager’s crypto basket and crypto index-based/blockchain smartfolios which has accelerated a period of year-long growth for the fintech.
Prime Retail Investors have now an extended choice to invest in 10 suitable diversified Smartfolios with a focus on:
- Global stocks, ESG, Islamic or FICC (Fixed Income Currencies Commodities)
- Regional stock markets: USA, Gulf, China or India
- Sectors: Tech or G10 Real estate
Each Smartfolio is built, monitored and rebalanced by FinaMaze algorithms, under the supervision of the FinaMaze Investment team, to remain suitable for each Prime Retail investor’s risk appetite and parameters, seeking optimal diversification while minimising transaction costs.
Launched during the Fintech Abu Dhabi 2020 forum in November 2020, FinaMaze’s latest launch of Smartfolios offers low-fees AI-powered strategies that either track the markets as a whole or follow specific market trends and thematics to deliver returns in line with each investor’s risk appetite and behaviour.
“Several months after launching to only ‘Professional’ investors, and after a thorough assessment of our internal control systems, processes and ledgers, we are excited to have obtained the Retail client endorsement, granted to us by the regulator,” says Mehdi Fichtali, the Founder and CEO of FinaMaze. “This is undeniably a testimony of the robustness of our investment solution. Now, with a simple and fully automated online onboarding, any potential investor can have access to ‘Private-Banking-Grade’ investments at a fraction of the fees.”