{"date":"2026-02-13T00:00","headerImageUrl":"https://structuredproducts-ch.leonteq.com/product-news/product-homepage-banner/saw_gold_bitcoin_leonteq-structured-products_product+homepage+banner.jpg","subTitle":"ETP+ on new SaW SmartAdapt Portfolios","windowTitle":"Intelligent Investment","category":"investment-themes","title":"Intelligent Investment","body":"<p>More than one million readers pick up the \u201cSchweiz am Wochenende\u201d (SaW) on a regular basis. As well as international issues, op-eds, business and sport, one speciality of the newspaper is its focus on the different regions of Switzerland. Private investors do not do badly either: last autumn, the country\u2019s highest-circulation weekend paper gave this group access to special financial technology. The first SaW SmartAdapt portfolios were launched on the back of its initiative. The brains behind these solutions are Stefan Buck and Tobias Setz, co-founders of Zurich asset manager Adaptivv. \u201cWe designed the SaW SmartAdapt products for all investors looking for a simple but highly professional solution for building wealth,\u201d explained Buck, CEO of the independent asset manager, in interview with the SaW. According to his colleague and CIO Tobias Setz, achieving a quick profit is not the primary goal. Rather, it is to offer a disciplined, cost-efficient strategy that adapts automatically to changing market conditions. \u201cOver years and decades, with the central element of bandwidth control,\u201d Setz adds.<\/p>\n\n<div><ltq-button color=\"primary\" url=\"https://leonteq.com/news-and-media/news/investment-themes/2026/etp-plus-on-new-saw-smartadapt-portfolios?language_id=1\" label=\"Find out more!\"><\/ltq-button><\/div>\n\n<h3>Equities, gold \u2013 and Bitcoin<\/h3>\n<p>The spectrum of investments has recently been expanded. Among the new arrivals is the SaW SmartAdapt Portfolio Offensiv Bitcoin/Gold. It aims to achieve long-term growth through a strong bias towards equites, with 80% of the portfolio being invested in this asset class. Half of these are Swiss shares, enabling investors to profit from the stability and quality of the domestic capital market. The remaining 40% in the equity component is made up of international companies. The second element consists of gold and Bitcoin. These two stores of value contribute one fifth of the overall portfolio. Within this quota, the weighting between gold and Bitcoin is adjusted weekly. This is where the Adaptivv Sensor comes into play. The technology puts market risks such as trend, volatility and structural shifts under the microscope. The data is then used to adjust the weighting between gold and Bitcoin automatically. A historic simulation shows that the Bitcoin allocation rises in strong phases, while gold gains importance in times of uncertainty.<\/p>\n\n<div>\n<generic-chart title=\"SaW SmartAdapt Portfolio Offensiv Bitcoin/Gold\">\n  <x-axis categories=\"Simulation of the annual returns (in %)\"/>\n      <chart-column title=\"2019,2020,2021,2022,2023,2024,2025\" data=\"29.56,24.43,29.43,-19.94,15.06,31.26,8.45\" format=\"number\"/>\n<\/generic-chart> \n<\/div>\n<footer>Source: Adaptivv Financial Technologies AG, as of December 2025<br />Historical data is not a reliable indicator of future performance.<\/footer>\n\n\n<h3>Equities, gold \u2013 and innovation<\/h3>\n<p>Another addition is the SaW SmartAdapt Portfolio Offensiv Innovation/Gold. Instead of Bitcoin, the dynamic component includes international innovation shares. These are companies which are expected to profit from long-term structural trends and innovation, chief among these being artificial intelligence, quantum computing and related technological developments. The aim is to exploit their potential in strong phases and use gold as a proven diversifier in more turbulent times. Control is exercised by the Adaptivv Sensor. Both portfolios are realised with the aid of cost-efficient instruments traded on the stock market. As soon as ETFs are employed, the share of such a passive fund per rebalancing is limited to a maximum 30%. A historic simulation was created for both concepts. The SaW SmartAdapt Portfolio Offensiv Bitcoin/Gold delivered a total return of more than 170% since the start of 2019. Meanwhile, the value of the SaW SmartAdapt Portfolio Offensiv Innovation/Gold has more or less doubled. It goes without saying that backtesting is no guarantee for future results. Furthermore, the portfolios are subject to considerable fluctuations in value (see graphs). That makes the long-term approach of these investment ideas all the more important.<\/p>\n\n<div>\n<generic-chart title=\"SaW SmartAdapt Portfolio Offensiv Innovation/Gold\">\n  <x-axis categories=\"Simulation of the annual returns (in %)\"/>\n      <chart-column title=\"2019,2020,2021,2022,2023,2024,2025\" data=\"26.78,7.96,22.76,-18.58,10.22,18.83,10.71\" format=\"number\"/>\n<\/generic-chart> \n<\/div>\n<footer>Source: Adaptivv Financial Technologies AG, as of December 2025<br />Historical data is not a reliable indicator of future performance.<\/footer>\n\n<h3>Robust structure, low costs<\/h3>\n<p>Leonteq has launched an ETP+ on both strategies. There is no term limit on the participation products, and they can be traded daily on the SIX Swiss Exchange and the BX Swiss. The collateral deposited for each ETP+ is the best possible way to reduce the issuer risk for investors. As soon as the equity components yield dividends, they are reinvested in the products, increasing their value. The ETP+s also score for their low costs, with a total expense ratio (TER) of 0.80%. For this modest fee investors receive access to innovative and diversified portfolios. The broad mix of equity investments focused on Switzerland is combined with flexible, scientifically based control. At the same time, the initiators make no bones about the risks. Put simply, there is no technology that investors only turn to when things are going well. \u201cThe Adaptivv Sensor tries to minimise the losses within the bandwidths,\u201d Tobias Setz emphasises.<\/p>\n\n<div>  \n    \n    <SavedSearch :allProducts=\"false\" :filter=\"{&quot;countrySpecificTitles&quot;:[],&quot;distanceToBarriers&quot;:[],&quot;underlyings&quot;:[],&quot;maturityRangeKey&quot;:[],&quot;marketVenues&quot;:[],&quot;productTypes&quot;:[],&quot;barrierTypes&quot;:[],&quot;issuers&quot;:[],&quot;omni&quot;:&quot;\\&quot;CH1505568977 \\&quot;, \\&quot;CH1505568985\\&quot;&quot;,&quot;strikeLevelRanges&quot;:[],&quot;productCategories&quot;:[],&quot;displayColumns&quot;:[&quot;coupon&quot;,&quot;underlying&quot;,&quot;barrierPercentage&quot;,&quot;currency&quot;,&quot;lastTradingDate&quot;,&quot;tenor&quot;,&quot;bidAsk&quot;,&quot;subscriptionEndDate&quot;,&quot;valor&quot;,&quot;documentLinks&quot;],&quot;partner&quot;:&quot;LEONTEQ&quot;,&quot;sortFields&quot;:[{&quot;fieldName&quot;:&quot;snapshot.product.investment.investment_currency&quot;,&quot;sortOrder&quot;:&quot;ASC&quot;}],&quot;productGroups&quot;:[],&quot;conditions&quot;:{&quot;&quot;:true,&quot;-_exists_:snapshot.product.in_subscription&quot;:false,&quot;+snapshot.product.attributes.extended_trading_hours:true&quot;:false,&quot;+snapshot.product.in_subscription:(\\&quot;LEONTEQ\\&quot;)&quot;:false,&quot;+snapshot.product.secondary_market:true&quot;:false},&quot;barrierLevelRanges&quot;:[],&quot;assetClasses&quot;:[],&quot;currencies&quot;:[]}\">\n                <\/SavedSearch>\n  <\/div>\n\n\n<div><ltq-button color=\"primary\" url=\"https://leonteq.com/news-and-media/news/investment-themes/2026/etp-plus-on-new-saw-smartadapt-portfolios?language_id=1\" label=\"Find out more!\"><\/ltq-button><\/div>\n<div>      <p>We look forward to answering all of your questions about our products and how they are traded. Please don't hesitate to get in touch! Phone: <a href=\"tel:+41588001111\">058 800 11 11<\/a>, email <a href=\"mailto:info@leonteq.com\">info@leonteq.com<\/a> or <a href=\"/contact\" title=\"Contact\">contact us here<\/a>.\n<\/p>\n  <\/div>","url":"etp-plus-on-new-saw-smartadapt-portfolios","investmentThemeVerticalImageUrl":"https://structuredproducts-ch.leonteq.com/product-news/sidenav-banner/saw_gold_bitcoin_leonteq-structured-products_sidenav+banner.jpg","thumbnailUrl":"https://structuredproducts-ch.leonteq.com/product-news/thumbnail/saw_gold_bitcoin_leonteq-structured-products_thumbnail.jpg"}
         