RaboDirect celebrates two years in Irish market

Online savings and investment bank RaboDirect.ie is today celebrating its second year in business by waiving entry fees on all investment funds for the month of May.

The reduction in entry fees to 0%, normally 0.75%, will apply to RaboDirect’s entire portfolio of execution-only managed funds from Oppenheim, Robeco, Blackrock Merrill Lynch and Henderson Global Investors.

RaboDirect also announced that it has secured record deposits of more than €1bn in addition to investments of €51m since its launch in May 2005.