Avanza is launching Avanza Sigma, a digital, algorithm-driven discretionary equity management service for Private Banking and Pro clients.

The service is the result of the acquisition of Sigmastocks and is based on factor investing, with portfolios optimized according to the client's strategy and market selection.

The minimum investment is SEK 1m. The service is offered within a capital insurance account and carries a total fee of 0.55-0.85%, with no transaction costs. For 2026, the launch price is 0.55%, while the base fee is 0.85%.

The portfolios consist mainly of directly owned stocks and are rebalanced more than once a year. Avanza says the base fee is equivalent to half the market price for discretionary management. Revenue from Sigma is reported under other income.