The investment's value depends on the market value of the investment fund's assets and may lead to significant losses. Accepting a higher level of risk is necessary to have the chance of obtaining greater returns. Past performance is not indicative of future results.
Discretionary Portfolio Management Contract
Delegate investing your wealth to experts
Your wealth in good hands
Unicorp Patrimonio S.V.'s experts design a diversified strategy that can detect investment opportunities.
A portfolio adapted to your profile
We offer five portfolio models that adapt to your investor profile, ranging from lower to higher risk.
Flexible active management
We adapt the investment strategy to rapid market changes, seeking to find the best investment opportunity.
With tax benefits*
Portfolio management offers the tax benefit of only having to pay taxes once the investment is redeemed.
Do the suitability test
We will conduct a suitability test on you. Select the answers that will help us define your investor profile, allowing you to know it.
Select your model portfolio
On the basis of the test's result, you will be able to choose the portfolio which best suits your investor profile and know whether the service suits you.
Make your first contribution
The initial contribution must be at least 20,000 euros and can be made from the liquidity account or by transferring an investment fund, which can either be an internal (Unicaja) or external fund (from another institution).
Sign the contract
Have your coordinates card and your mobile telephone at hand. Once you have entered the coordinate requested, you will receive an SMS with your security code.
Efficient management: our experts invest for you
Unicorp Patrimonio S.V.'s experts decide which funds are the best to invest in at any given time.
Diversification as a strategy
Discretionary Portfolio Management is based on designing a diversified portfolio comprised of assets from different sectors, areas, currencies...
Redeem your investment at any time
The Discretionary Portfolio Management service allows you to redeem your investment at the time you deem most appropriate.
Transparency concerning your portfolio's evolution
We inform you periodically and transparently about how your portfolio and associated expenses are evolving.
The risk of losing capital may increase if a divestment is made before the recommended time frame.
Frequently Asked Questions about Discretionary Portfolio Management
The risk level depends on the portfolio model which the customer subscribes. More specifically, five portfolio models have been established from lower to higher risk depending on the customer's profile:
- GDC Solidity
- Conservative Portfolio
- Moderate Portfolio
- Dynamic Portfolio
- Aggressive Portfolio
A quarterly fee on the average wealth managed for the portfolio management service and an annual fee on the returns obtained are charged. Query the fee percentages in item 20 of Fee Schedule.
Since it consists of investment fund management, the tax which applies to it is identical to this kind of product, which is only taxed when a redemption is made and not while an investment is maintained in a fund or when it is transferred to another fund (only for resident natural persons).
The minimum subscription amount is €20,000. Once said amount has been exceeded, any successive contributions are not subject to a stipulated minimum amount.
You can choose a portfolio model on the basis of the risk profile you have been assigned by the suitability test.
The different policies set by Unicaja to offer you the most suitable protection within the framework of the new legislation on financial instrument markets, along with information on them, can be found in this section.
Unicaja does not have its own engagement policy. This is due to the nature of the investments in its discretionary management service, through which no direct investments in companies are made. Moreover, customers delegating voting rights is not envisaged in discretionary management contracts.
(*) The tax regime for investment funds is general. The tax benefits and/or advantages are applied to natural persons who reside in Spain.
Unicaja has delegated investment decisions for the portfolios to Unicorp Patrimonio S.V., a company belonging to the Unicaja Group, registered in the Administrative Registry of Companies and Securities Agencies of the National Securities Market Commission on September 7, 2005, under number 216.
Investment funds managed by Unicaja Asset Management, S.G.I.I.C., S.A., which was duly registered at the Spanish National Securities Market Commission (CNMV) on 21 May 1992 with the No. 154. Depository: CECABANK, S.A.
Investment funds marketed through the Allfunds Bank platform.
Can we help you?
You can also contact the Bank by calling at 952 60 67 67 or through the contact form.
The telephone service hours are Monday to Saturday from 8:00 a.m. to 10:00 p.m. (except national holidays).