plays by the rules.

Stoic is legally required to collect extensive information from its clients. This obligation is set out in the Financial Supervision Act. The data is needed to match your personal goals and circumstances with suitable investment products and their associated risks. We also process your personal data because you have given your consent.

Stoic processes your personal data for the following purposes: to send you our information package or investment proposal, to keep you informed about our returns, to offer you the opportunity to become a client at Stoic, and to carry out our services properly.

Stoic Capital B.V., located at Gustav Mahlerplein 109-115 in Amsterdam, is responsible for the processing of personal data as outlined in this privacy policy.

Contact details:
[email protected]
Our privacy officer is Henk Kras. He can be reached by email at [email protected] and by phone at 06-24739262.

Stoic processes your personal data because you use our services and/or because you have provided it to us. Stoic collects data from visitors to this website to ensure proper advice and information about our services and to develop web statistics. The information you provide will be used to contact you if needed, for example to inform you about Stoic’s services. This only happens after you have made a request, such as by asking for an investment proposal or information package.

An overview of the personal data we process:
first and last name; gender; date of birth; place of birth; address; phone number; email address; bank account number; IP address; data on your activity on our website; other personal data you actively provide, such as your income and asset position. This may happen when opening an account through Stoic or requesting an investment proposal, both via correspondence and by phone.

Special categories of personal data we process:
We do not process any special categories of personal data.

Every visitor or client of Stoic has rights regarding the processing of personal data:

• right of access
• right to rectification
• right to be forgotten
• right to restrict processing
• right to data portability
• right to object

If you wish to exercise any of these rights, you can send your request to the data protection officer at [email protected]. You will be contacted as soon as possible, no later than within 3 weeks.

If you are a Stoic client, some rights may be limited due to legal obligations requiring financial service providers to retain personal data.

Stoic does not retain your personal data any longer than necessary to achieve the purposes for which it was collected.

At Stoic, we value a personal and service-oriented way of doing business. If you are not satisfied with our product or service, we naturally want to hear about it as soon as possible. We will then do our best to find an appropriate solution without delay.

If you have a complaint, please proceed as follows:

Report your complaint to your contact person at Stoic Capital B.V. They will assist you quickly and accurately. If you are still not satisfied with the outcome, you can submit a written complaint to:

Stoic Capital B.V.
Attn. Management
Gustav Mahlerplein 109-115
1082 MS Amsterdam
The Netherlands

This process is, of course, free of charge.

Once we have received your complaint, it will be handled by our complaints officer. You will receive a written response from us explaining how we are addressing your complaint and what solution we propose. Our aim is to respond within 2 weeks.

If your complaint is not resolved to your satisfaction by the management of Stoic Capital B.V., you can contact:

Financial Services Complaints Board (KiFiD)
P.O. Box 93257
2509 AG The Hague
Phone: 0900-355 22 48
Website: www.kifid.nl

Stoic has a remuneration policy based on the requirements of the Financial Supervision Act, applicable European regulations, and the Controlled Remuneration Policy Regulation Wft 2021. The policy applies to all Stoic employees, including members of the management team.

The aim of the policy is to ensure that employee compensation does not lead to undesirable risks or behaviour in relation to client service (conduct perspective) or Stoic’s financial stability (prudential perspective).

Our remuneration policy is designed to ensure that employee compensation does not create undesirable risks or behaviour toward clients or jeopardise Stoic’s financial stability. Employees receive a fixed, market-based salary and may be eligible for a variable bonus.

These bonuses are not linked to commercial performance. We do not use sales-driven targets and do not offer guaranteed variable rewards.

We also apply equal treatment for men and women as a matter of principle, and this is reflected in our remuneration policy.

We believe our approach to compensation avoids any incentives that could lead employees to take irresponsible risks, act in ways that harm clients, or behave in a socially or environmentally irresponsible manner. This aligns with our investment philosophy, which by nature avoids excessive risk. Our remuneration policy reflects that.

To the extent that we grant variable bonuses, they are discretionary and modest in size. In principle, the maximum for a variable bonus is 20 percent. The management decides whether an employee qualifies for a variable bonus based on pre-established performance criteria. A bonus is only awarded if those criteria are positively met and if Stoic's financial position allows it.

In the past financial year (2024), a total of approximately €6,400 in variable bonuses was paid to employees. As you might expect, Stoic has no employees earning a total remuneration of one million euros or more.

The remuneration policy is determined by the management team. We have not established a remuneration committee and do not have a Supervisory Board. Given our size, streamlined organisation and straightforward services, we do not consider them necessary. For this reason, the remuneration policy is coordinated with the Compliance Officer.

Our remuneration policy is evaluated annually by the management team. This is done not only to ensure it still meets legal and regulatory requirements, but also to check whether the way we reward employees has created any undesirable incentives or affects the interests of our clients. The Compliance Officer plays an important role in this process and advises the management both on the policy itself and how it has been applied in practice.

Sustainability.

As of 10 March 2020, the European Sustainable Finance Disclosure Regulation (SFDR) came into force. Under this regulation, companies like Stoic must clearly disclose to what extent they consider sustainability criteria in their investment policy and client services. This concerns topics such as environmental, social and employment matters, respect for human rights, and the fight against corruption and bribery. We are happy to explain how we apply the SFDR and what this means for the service we provide to you.

When discussing sustainability, the term ESG often comes up. It stands for Environment, Social and Governance.

Environmental (E) relates to the environment. For example: climate change, CO₂ emissions, waste management and water use.
Social (S) relates to society. For example: working conditions, human rights and access to healthcare.
Governance (G) relates to corporate governance. This includes topics like board diversity, remuneration policies, compliance, and shareholder rights.

An investor may have sustainability preferences. These can be specified based on three types of investments:

1. Environmentally sustainable investment
   These are investments in companies that contribute to combating climate change and meet strict legal criteria set by regulators.

2. Sustainable investment
   These are investments in companies that contribute to achieving an environmental or social goal, while also following sound governance practices such as integrity, transparency and accountability.

3. Investment that considers negative effects on sustainability factors
   These take into account potential adverse impacts on sustainability, such as harm to the environment or society.

While we support a more sustainable society, we do not specifically focus on sustainability or sustainable investing. We therefore do not offer services or products that are specifically aimed at sustainability.

A sustainability risk is the risk that an investment loses value due to a sustainability-related event or circumstance.

Such events may include things like climate change or human rights controversies, which can negatively impact the value of investments. For example, an investment in an oil and gas company may become riskier as the global economy shifts toward alternative energy sources to protect the climate. As a result, the value of that investment may decline.

At Stoic, we recognise that investing involves risk. However, we do not believe in making predictions and do not think risks can be accurately assessed in advance. That is why we believe in broad diversification to mitigate risk. In our view, investment risks, including sustainability risks, are not relevant when selecting investments.

Sustainability factors include environmental, social and employment matters, respect for human rights, and the fight against corruption and bribery. As previously explained, ESG-related events can negatively affect the value of investments. These are known as sustainability risks. The reverse is also true: investments can have an adverse impact on sustainability factors. For example, investing in fossil fuels causes more environmental harm than investing in green energy.

In our investment process, we do not take into account the potential negative impact of investments on sustainability factors. This means we do not assess whether selected investments might harm sustainability factors.

The reason is simple. Just as it is extremely difficult to predict factors that influence a company’s future profitability, it is also extremely difficult to determine the potential negative sustainability impact of investments. The available data is still very limited and uncertain.

By investing broadly in all companies without making a pre-selection, the likelihood increases that, over time, sustainability factors will naturally emerge within the global portfolio. Put simply, it may very well be that in a few years the global portfolio will assign more weight to companies that score well on sustainability.

We have written a blog article that explains in more detail why Stoic does not take sustainability factors into account. Click here to read the article.

No, they cannot. Money can only be transferred to a bank account in your name that you have provided. In other words, you always retain full control over your money and your investments. The people at Stoic can only adjust the investments within the boundaries of the investment profile agreed with you.

If Saxo (or any bank) goes bankrupt, this has no impact on your invested capital. Securities are held separately in a custodian entity, which means your assets remain protected in the event of a bank’s insolvency.
For cash holdings such as savings or deposits, the deposit guarantee scheme applies. If Saxo goes bankrupt, De Nederlandsche Bank guarantees up to €100,000 per account holder. This applies to all banks licensed in the Netherlands, including Saxo.

Nothing at all. We do not hold your investments ourselves, they are safely held in custody at Saxo. In the unlikely event that we go bankrupt, you can choose to manage your investments directly through Saxo or transfer them to another bank. You can also choose to work with a different asset manager.

Of course. As an investment firm, Stoic holds a license from the Dutch Authority for the Financial Markets (AFM), which authorises us to manage your capital. The AFM is the official financial regulator in the Netherlands. You can view our registration in their public register.

Stoic is also supervised by De Nederlandsche Bank (DNB), which monitors the stability of the financial sector.

Yes, Stoic is affiliated with Kifid. Stoic has accepted that Kifid’s rulings are binding. Our Kifid registration number is: 400.000.358.

A LEI code is an internationally standardised identifier that financial institutions are required to obtain from their business clients as of 3 January 2018. These institutions must include the LEI code in every report related to financial transactions. The LEI code is used to identify the parties involved in a financial transaction, such as executing investment trades.

In the Netherlands, the LEI code is issued and registered by the Chamber of Commerce (KvK). The Dutch Authority for the Financial Markets (AFM) oversees compliance with this requirement.

A LEI code can be requested through the Dutch Chamber of Commerce (KvK). After your application is submitted, you will receive an invoice. Once payment is received, the KvK will issue the LEI code within 10 working days.

If you operate a financial business or trade in derivatives, an active LEI status is required. Since you likely do not run a financial institution and Stoic does not trade derivatives on your account, providing additional information or renewing the LEI registration is not necessary in your case.

You are responsible for cancelling the LEI in time. Otherwise, it will be renewed automatically. About sixty days before the LEI expires, you will receive an email from the Dutch Chamber of Commerce with the option to cancel it. You can do this by submitting the KvK termination form. If you choose to cancel, the LEI status will change to "lapsed". Under MiFID II, this is still considered a valid LEI.

If you also hold portfolios with other asset managers or banks besides Stoic, you should check with them whether an active LEI status is required for those services.

You will need a passport and a citizen service number. We also ask for a financial overview and additional information about your income. You can pause the registration process at any time and continue later if you need more time to gather the required information.

Due to legal and regulatory requirements (such as anti-money laundering and counter-terrorism financing), additional questions may be asked, for example about the origin of your capital. You may also be asked to provide supporting documents to verify your assets, such as a payslip, tax return or deed of inheritance.

100 percent. We only use your information to serve you properly and to meet the legal obligations for financial institutions. We do not share your data with anyone else, and we fully comply with the EU’s General Data Protection Regulation (GDPR).

Yes. We believe it's important that everyone can use our digital services effectively, even if you have a disability.
Read our accessibility statement here.

Are you having trouble? Let us know at [email protected]. We'll respond within one business day.