Keyprivate: minimum amount, costs and taxes

What is the minimum amount required to invest with Keyprivate?

The minimum amount to open a Keyprivate portfolio is 15,000 euros. This threshold allows for the creation of a sufficiently diversified portfolio across different asset classes, in line with Keyprivate's investment strategy.

How do I fund my Keyprivate portfolio?

Once the opening of your portfolio is validated, the initial capital is automatically transferred from your Keytrade Bank current account to your Keyprivate portfolio.

You can also set up recurring payments or make additional deposits (with no extra fee) at any time via the Keyprivate dashboard. These payments are also debited from your current account.

Investments are executed once a week.

Can I make partial withdrawals?

Yes, at any time and with no exit fees.

Withdrawals must respect a minimum amount of 2,500 euros per operation. The request must be submitted in writing and signed to keyprivate@keytradebank.com.

Once the request is processed, the required assets are sold and the amount is subsequently transferred to your Keytrade Bank current account, following the standard settlement timeframe.

What fees and taxes apply to Keyprivate?

• Management fees:

Keyprivate applies an annual fee of 0.91% (all costs included). This rate covers discretionary management of the portfolio. No custody fees or exit fees apply.

• Tax on stock exchange transactions (TOB):

In accordance with Belgian legislation, a tax on stock exchange transactions (TOB) is due on each purchase or sale of financial instruments executed within the framework of portfolio management:

• 0.12% for equities and bonds (equity and bond ETFs), with a cap of €1,300 per transaction;
• 0.35% for commodity ETFs, with a cap of €1,600 per transaction.

This tax is automatically deducted for each operation.

What taxation applies to income and capital gains?

Depending on the composition of the portfolio, a withholding tax of 30% may apply, particularly on dividends distributed by certain ETFs.

Other taxes may also apply, such as the tax on securities accounts for portfolios with an average value exceeding EUR 1,000,000, as well as capital gains tax. These subjects are detailed in the dedicated sections of the FAQ.

Important note: Taxation applies according to current Belgian legislation and may depend on the individual situation of the investor. It is subject to change over time.