Posted inBanking & FinanceLatest NewsUAE

ADGM asset manager waives fees for Abu Dhabi Golden Visa holders and government employees

FinaMaze adopts a human-AI approach to automatically build and rebalance personalised “smartfolios”, in line with each investor’s risk profile

Mehdi Fichtali, FinaMaze, ADGM, Abu Dhabi, Smartfolio
Mehdi Fichtali, CEO and Founder of FinaMaze

ADGM-based asset manager FinaMaze, which is a hybrid human-robo digital wealth manager regulated by the Financial Services Regulatory Authority (FSRA), has waived its asset management fees for the first year for all investments made on its platform before 16 April, 2022.

Additionally, the ADGM-based asset manager is waiving the fee for all Abu Dhabi government or government-related entities employees, as well as for Abu Dhabi Golden Visa holders.

The waiver is in line with the Abu Dhabi Economic Vision 2030, which is a long-term plan for the transformation of the emirate’s economy that aims to place a greater focus on knowledge-based industries in the future.

Waiving off asset management fees for the first year of investments, if made within the specified period, will encourage investors to inculcate the habit of saving and investing as well as choose from FinaMaze’s wide range of financial portfolios that are tailor-made for each client’s appetite risk.

FinaMaze adopts a human-AI approach to automatically build and rebalance personalised “smartfolios”, in line with each investor’s risk profile.

Its proprietary investment platform offers more than 30 public markets smartfolios, categorised in three “layers”: diversified across geographies and asset classes; sector and region focused; and opportunistic such as inflation or metaverse strategies.

ADGM, Abu Dhabi

The firm also provides access to private equity and VCs for sizes starting at $10,000, allowing diversification across the full spectrum of investments.

Commenting on the latest free asset management offer, the CEO and founder of FinaMaze, Mehdi Fichtali, said: “We enjoy great support from the Abu Dhabi Global Market, and we are part of the Abu Dhabi growing ecosystem. It is therefore quite natural for us to come up with an offer dedicated to all Abu Dhabi government and government-related entities employees, as well as to Abu Dhabi Golden visa holders.”

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Abdul Rawuf

Abdul Rawuf