Choosing and diversifying investments

What you can do at this level

• Ksustainabledaily-lifelarge-majority

  Knows the characteristics of various investment products including levels of risk, liquidity, expected performance and sustainability features or can find out easily

• Kdigitaldaily-lifelarge-majority

  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

• Kdaily-lifelarge-majority

  Knows that prices for the same investment product may vary across providers and sales channels

• Ksustainabledaily-lifelarge-majority

  Knows that different investment products may have different sustainability characteristics (environmental, social and corporate governance)

• Kdaily-lifelarge-majority

  Understands the benefits of holding a diversified portfolio of investments

• Kdaily-lifelarge-majority

  Knows why it is important to consider overall asset allocation when investing

• Kdigitaldaily-lifelarge-majority

  Aware that various brokers and trading tools exist that can be accessed through different traditional and digital means

What you can do at this level

• Sdaily-lifelarge-majority

  Considers risk, performance, costs and other investment characteristics when managing and monitoring investments

• Sdaily-lifelarge-majority

  Monitors investments periodically and makes adjustments as necessary

• Ssustainabledaily-lifelarge-majority

  Able to incorporate personal preferences with respect to investment goal, risk tolerance, time horizon and sustainability, when making an investment decision

• Sdaily-lifelarge-majority

  Can retrieve relevant and reliable information to inform investment decisions

• Sdaily-lifelarge-majority

  Researches potential investments

• Sdaily-lifelarge-majority

  Creates a diversified portfolio

• Sdaily-lifelarge-majority

  Is able to combine various investment products such as pensions, life insurance policies, endowments, collective investment schemes or other investment products where appropriate

What you can do at this level

• Adaily-lifelarge-majority

  Confident and motivated to undertake research on potential investments before committing

• Asustainabledaily-lifelarge-majority

  Confident and motivated to compare the level of sustainability of investment products using for example other standards, labels or ratings

• Adaily-lifelarge-majority

  Confident and motivated to question investment offers that appear too good to be true

• Adaily-lifelarge-majority

  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

• Adaily-lifelarge-majority

  Confident and motivated to not to let one’s own investment behavior be guided by fear of missing out

• Adaily-lifelarge-majority

  Willing to provide relevant personal information to the intermediary for a suitability assessment