Evergreen GmbH review

Evergreen charges a management fee of 0.79% on your portfolio. There is no separate account charge, since the account fee is €0. The fee sits above the robo-advisor median of 0.35%, so it is the running cost to weigh.

Evergreen GmbH is supervised by Bundesanstalt fuer Finanzdienstleistungsaufsicht (BaFin) and Deutsche Bundesbank in Germany. Deposits are covered by the scheme stated as EU ICS up to EUR 20,000, which sets the compensation level if the firm fails.

The minimum deposit is €1 and the minimum investment is €1, so a small opening amount is enough. Both sit well under the robo-advisor minimum investment median of €60.06.

Evergreen works with markets covering funds, and its portfolio types are listed as esg and cash. There is no share dealing, ETF trading or crypto here, so it suits long-term saving rather than active investing.

Yes, the cash rate offered is 3.25%. That matters if you hold a cash portfolio, since esg and cash includes a cash option for money you are not yet invested.

Support runs on email, phone and help centre, so you can reach the team by email, by phone or through the help centre. A phone line is a little less common than a help centre on its own among the robo-advisors compared.

The stated audience is beginners, and the service is built around automated fund portfolios. It suits people who want the investing decided for them rather than choosing holdings themselves.