Does NAO provide any form of investment advice?

No, NAO does not provide investment advice. We curate a variety of multi-asset products, which we make available to you via the NAO app.
‍
However, you decide for yourself whether and to what extent the investment options suit you.

How is my data protected?

The transfer of data between Baader Bank, DonauCapital and NAO is always encrypted, as is the storage. Details about data protection and how we handle data can be found in our privacy policy.

What happens if Baader Bank goes bankrupt?

The assets in the settlement account are protected by statutory deposit insurance up to 100,000 euros. There is also protection provided by the Deposit Insurance Fund of the Federation of German Banks. Your portfolio is in your name and you own your investments — meaning they do not fall into the insolvency estate.

Are my securities safe in the custody account?

Yes, your securities are safe. Your securities are in your personal custody account at Baader Bank AG. A deposit settlement account will also be set up for you there.
‍
The assets in your deposit account are protected up to 100,000 euros by statutory deposit insurance. There is also protection provided by the Deposit Insurance Fund of the Federation of German Banks.

What happens if NAO goes bankrupt?

Since your capital and custody accounts at Baader Bank are listed in your name, they are safe and do not belong to the insolvency estate. You can close your account at any time and have your balances and custody accounts transferred to another bank.
As part of opening an account, you will receive your account details separately from Baader Bank AG so that you can access your settlement account and custody account at any time, regardless of NAO.