Press Release
17th of December 2010
Personal Investments Worldwide
Commission exemption during launch campaign
Banco Best makes available the
first Iberian ETF in Portugal
Launch campaign Commission exemption
for all purchase orders
over €2,500 until the 15th
of January
Banco Best is now offering the NYSE Euronext Iberian Index, the first ETF
(Exchange Traded Funds) on the Iberian market, just launched in Portugal. To mark
this broadening of its offer, Banco Best launched a Free Trade campaign, offering an
exemption of the acquisition commission for purchase orders over €2,500, until 15th
January.
One single title gives
access to all the main
Iberian companies
The NYSE Euronext Iberian Index makes it possible to invest, through a single ETF,
in the main Portuguese and Spanish shares. This ETF on the Iberian share index
replicates exactly the behaviour of the 20 and 10 most liquid shares in the Spanish
and Portuguese stock markets, respectively, enabling the issuing of orders at any
given moment of the market and the exact knowledge of their performance, or of any
other share.
ETFs combine simplicity
and transparency,
coupled with
diversification, low
commission and tax
efficiency
The NYSE Euronext Iberian Index will be managed by Espírito Santo Activos
Financeiros and traded in Euronext Lisbon. Due to its characteristics, it is an
excellent means of diversifying investment, simply and effectively, with low
associated cost levels.
Conventional ETFs are funds that replicate the evolution of a reference index and
are traded in the Stock Market, just like a share. Transparency, low cost and tax
efficiency are the advantages that have determined the growing demand for this type
of products all over the world.
Currently, Banco Best has the largest offer in the national market, making available
more than 1.000 ETFs with access to more than 14 stock exchanges.
CONTACTS
PRESS ROOM
www.bancobest.pt/imprensa/
IMAGO
Helena Rocha
Tel.: +351 21 923 97 00
BANCO BEST
Marketing and Communication
Management
Pedro Sousa Cardoso
______________________________________________________________________________________________________________________
BANCO BEST, S.A. • Sede Praça Marquês de Pombal, 3 – 3º, 1250-161 Lisboa • www.bancobest.pt • tel.: 707 246 707
Registado na Conservatória do Registo Comercial de Lisboa – 1ª Secção com o nº 505 149 060 de pessoa colectiva e de matricula e o capital social de Eur 63.000.000.00
Press Release
Tel.: +351 21 883 92 52
[email protected]
www.bancobest.pt
Personal Investments Worldwide
About Banco Best
Best is the leading Portuguese direct Bank and subsidiary of Espirito Santo Financial Group, the second
largest private bank in the country. Best is an online one-stop-shop for financial services worldwide, as it
delivers products and services from the most important and recognized financial institutions across the
globe. It’s targeted to the mass affluent market and offers a wide range of products from traditional banking
products to high-end investment products. As one of the most innovative banks worldwide, these
thousands of products can be bought online, by phone or throughout a personal financial advisor. Best has
been ranked for the last consecutive four years as the online wealth management leader, holding 29,5%
market share in selling foreign mutual funds, and 46% trading futures and derivatives. The innovative
approach of Banco Best to the market as been awarded as it offers unique online value proposition to
Internet savvy and affluent customers.
______________________________________________________________________________________________________________________
BANCO BEST, S.A. • Sede Praça Marquês de Pombal, 3 – 3º, 1250-161 Lisboa • www.bancobest.pt • tel.: 707 246 707
Registado na Conservatória do Registo Comercial de Lisboa – 1ª Secção com o nº 505 149 060 de pessoa colectiva e de matricula e o capital social de Eur 63.000.000.00
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Banco Best makes available the first Iberian ETF in Portugal