Investments

Investment profiles

Under the "MiFID" regulation on the protection of investors, ING Belgium has set up several types of investment profiles for its private clients, all qualified according to this regulation as 'retail clients' and consequently benefiting from the highest level of protection.

Personal Banking

Under the "MiFID" regulation on the protection of investors, ING Belgium has set up several types of investment profiles for its private clients, all qualified according to this regulation as 'retail clients' and consequently benefiting from the highest level of protection.

The test is made on the basis of a questionnaire asking clients about 4 aspects: their knowledge and experience in terms of investments, their financial situation, investment horizon and risk attitude.

The result of the questionnaire determines one of the following 5 profiles:

  • The "Secure" investment profile is based only on investments in bonds and Branch 21 with capital protection*** and with a risk level matching such profile. The recommended asset percentages between, firstly, bonds and structured products with capital protection and, secondly, shares are 100% and 0% respectively.
  • The "Moderated" investment profile is based mainly on investments in bonds and structured products** with capital protection*** and with a risk level matching such profile. The recommended asset percentages between, firstly, bonds and structured products with capital protection and, secondly, shares are 75% and 25% respectively.
  • The "Balanced" investment profile is based mainly on investments in shares, bonds and structured products (2) with capital protection*** and with a risk level matching such profile. The recommended asset percentages between, firstly, bonds and structured products with capital protection and, secondly, shares are 50 - 50 (equal).
  • The "Active" investment profile is based mainly on investments in shares. The recommended asset percentages between, firstly, bonds and structured products** with capital protection and a risk level matching such profile and, secondly, shares are 30% and 70% respectively.
  • In relation to the "Active" investment profile, the "Dynamic" investment profile is based even more on investments in shares. The recommended asset percentages between, firstly, bonds and structured products** with capital protection*** and, secondly, shares are 0% and 100% respectively.

Transactions will therefore be carried out pursuant to structural investment advice (4) and, consequently, must respect the recommended asset allocation in keeping with the client's investment profile.


* Personal Banking customers are those customers with average annual assets of at least 125,000 euros monitored by a Personal Banker.

** In euros

*** Upon maturity date

**** With the exception of occasional orders placed by telephone via our helpdesk (these transactions are executed on the basis of ad-hoc investment advice).

Comparative table

The following table lists our recommended asset percentages (the “median” – med.) and the allowable maximum percentages. Advice should always aim to bring the asset spread gradually closer to the median and should never lead to the maximum percentages being exceeded.

Shares Bonds and money market instruments Structured products
Secure % Medium 0 50 50
Maximum 0 100 100
Moderated % Medium 25 35 40
Maximum 35 100 100
Balanced % Medium 50 25 25
Maximum 60 100 100
Active % Medium 70 15 15
Maximum 85 100 100
Dynamic % Medium 100 0 0
Maximum 100 100 100
In concrete terms
  • Only orders given following advice are taken into account: transactions the client makes via Home'Bank can impact on the asset allocation.
  • We always check whether the maximum percentages have been respected at the time of transaction.
  • The trend in the market value of instruments can, ex post, influence the proportion of some financial instruments in the portfolio. Furthermore, slight discrepancies in relation to the allowable maximum percentrages may be justified under certain circumstances.
Private individuals

Under the "MiFID" regulation on the protection of investors, ING Belgium has set up several types of investment profiles for its private clients, all qualified according to this regulation as 'retail clients' and consequently benefiting from the highest level of protection.

The test is made on the basis of a questionnaire asking clients about 4 aspects: their knowledge and experience in terms of investments, their financial situation, investment horizon and risk attitude.

The result of the questionnaire determines one of the following 5 profiles:

  • The "Secure" investment profile is based only on investments in bonds and Branch 21 with capital protectio*** and with a risk level matching such profile at the time of subscription/purchase.
  • The "Moderated" investment profile is based mainly on investments in bonds and structured products** with capital protection*** and with a risk level matching such profile at the time of subscription/purchase.
  • The "Balanced" investment profile is based mainly on investments in shares, bonds and structured products** with capital protection*** and with a risk level matching such profile at the time of subscription/purchase.
  • The "Active" investment profile is based mainly on investments in shares with a risk level matching such profile at the time of subscription/purchase.
  • In relation to the "Active" investment profile, the "Dynamic" investment profile is based even more on investments in shares.

Transactions will be carried out pursuant to (specific) relevant investment advice, which means "product" advice in relation to one or more financial instrument transactions without referring to the client's global portfolio. This means without taking account of the allocation of the client's assets held with ING but in keeping with the investment profile and taking account of the client's investment horizon at the time of the transaction(s).


* Private Individual clients are clients with annual average assets of less than 100,000 euros.

** In euros.

*** At maturity.

This test is only applicable for subscriptions made in pension savings fund through the "face to face" channel.

The client's knowledge and experience per type of instrument will be tested. In the case of pension savings funds, this relates to knowledge and experience of investment funds, shares and bonds.

Where a client has no knowledge or experience of a type of instrument, ING Belgium will refuse to sell him/her an instrument of this type through the "face to face' or "Phone'Bank" channels.

In the case of a product qualified as simple (under the current state of legislation (May 2014) for listed shares and collective investment undertakings) clients can buy the prospective product in Home'Bank, via the "execution only" service. In that case, the appropriateness of such an investment is not checked.

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