Learn
about
sustainability
Discover
your
preferences
Explore
sustainable
investments
Enhance
your
investments
Check
your
Portfolio
Take action
with
awareness
Face to face
with the bank
and the consultant.
with the bank
and the consultant.
At this point you can take action
You now have the tools to ask for personalized service that is focused on your needs and ideals.
The solid foundation of an expertise
You have all the tools to have an equal dialogue with your bank or financial intermediary, demanding respect for your preferences and setting up a transparent and profitable relationship with them. But we are not abandoning you and continue to offer you the tools to choose investments and control your Portfolio.
you know how to improve
your portfolio
your portfolio
Whatever the results of the analysis of your current Portfolio , you now have the opportunity to understand its room for improvement from the standpoint of performance and impact.
Every investment choice contains a direct relationship between return and risk. Now you can broaden your view by also assessing the risks of your choices for the environment and Society.
You know how to assess the risk of choices
Do you know how to dialogue
with professionals
with professionals
Trust is everything, so it must be an informed trust.
As an informed and knowledgeable investor you can have a more transparent and fair comparison with your bank or financial advisor.
Prepare to meet with your intermediary
If you want to do it yourself, know that the investor's path is full of pitfalls, a good advisor can help you avoid many practical mistakes or ones that stem from our psychology, we will also shortly explain how to guard against mistakes in investing.
Prepare the meeting as well as possible in order to be clear about what to ask for and pay attention to the quality and cost of your counselor's advice.
Our recommendations
- The financial advisor is required to make your risk profiling (via MIFID questionnaire) and to check That the proposed products and services are suitable for you ;
- The consultant is required to manage your ESG preferences, verifying that they are consistent with your MIFID profile, If you manifest them. NOT Is required to ask you your ESG preferences Before August 1, 2022 ! But if you declare your interest, it will have to seek a solution. Then, you absolutely have to solicit it ;
- The consultant must then make available to you the information material of the products and services it offers (KIID, prospectus) : within the prospectuses and regulations of mutual funds, you will find A section specifying whether the fund is managed according to sustainability principles and which ones.
Know that ALL fund prospectuses indicate whether they promote sustainability (so-called ESG - SFDR Article 8) or whether they are sustainable funds (SFDR Article 9) - An insurance agent cannot propose mutual funds to you directly, but he might propose an insurance policy of the type "unit linked" o "multi-branch". Mind you, they are different and sometimes complex contracts, because they cover a insurance risk. You will find in the general policy conditions the description of the service financial e insurance as well as the costs (c.d. insurance loadings).
- Insurance products more rarely have indications of sustainability, But things get better little by little.
- By law, the financial advisor must have some recognized qualifications (verification HERE if he is registered as a financial adviser), and make some mandatory annual refresher courses. So he should know both the subjects financial and economic, the standards fiscal and know the basics related to the sustainable investments.
- Even the bank employees non-registered financial advisors may give financial advice, subject to the following suitable qualification pathway.
- The insurance agents have training obligations similar to bank employees when selling products with high financial content.
To help you get an idea, here is a short list of questions :
- He wants at all costs sell you a product ? or is he trying with you to define e reach your investment objectives ?
- To what extent does he adapt his proposals As you explain your needs to him ?
- How transparent it is about costs of underwriting, administration, management and exit of the products it offers you ?
- How transparent he is about his remuneration when you ask him ? He does not work for free ...
Here are some questions a good financial advisor trained on the subject should ask you:
- Are you familiar with the term "ESG investment" or sustainable investment ?
- How much are important for you ESG or sustainable investments ?
- You already have in mind a sustainable investment theme that you are particularly interested in ? (Discussion allows you to focus on which issue(s))
- There are some sectors of economic activity that you absolutely want ? (exclusions of certain controversial activities)
- How do you want to balance returns and sustainability ?
- I want a fund that promotes E S G characteristics and offers good financial prospects
- I want an SRI fund (i.e. research in priority an impact positive about the world and as a criterion )
"Learning is experiencing. Everything else is information."
Albert Einstein
If you want more information write to us at positivefinance@mcadvisory.it we will be happy to clarify your doubts
