Code: 2.4.3 · Adults
Knows the characteristics of various investment products including levels of risk, liquidity, expected performance and sustainability features or can find out easily
Knows that fees, commissions and other charges may be made for investment products and services and that these items may vary depending on the provider and the sales channel
Knows that prices for the same investment product may vary across providers and sales channels
Knows that different investment products may have different sustainability characteristics (environmental, social and corporate governance)
Understands the benefits of holding a diversified portfolio of investments
Knows why it is important to consider overall asset allocation when investing
Aware that various brokers and trading tools exist that can be accessed through different traditional and digital means
Considers risk, performance, costs and other investment characteristics when managing and monitoring investments
Monitors investments periodically and makes adjustments as necessary
Able to incorporate personal preferences with respect to investment goal, risk tolerance, time horizon and sustainability, when making an investment decision
Can retrieve relevant and reliable information to inform investment decisions
Researches potential investments
Creates a diversified portfolio
Is able to combine various investment products such as pensions, life insurance policies, endowments, collective investment schemes or other investment products where appropriate
Confident and motivated to undertake research on potential investments before committing
Confident and motivated to compare the level of sustainability of investment products using for example other standards, labels or ratings
Confident and motivated to question investment offers that appear too good to be true
Confident and motivated to compare the investment portfolio composition of pension funds, life insurance policies, endowments, collective investment schemes or other investment products in order to assess their suitability in a holistic way
Confident and motivated to not to let one’s own investment behavior be guided by fear of missing out
Willing to provide relevant personal information to the intermediary for a suitability assessment