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Portfolio tracking for Romanian investors

Replicate the BET index. Skip the fund fees.

Track BVB stocks, ETFs, bonds and cash across your brokers, with Romanian taxes worked out for you. And when fund fees start to matter, Anchorfolio shows you whether replicating the BET yourself is worth it.

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Free forever plan · paid tiers from €5/mo

personBuilt by a Romanian investorcurrency_exchangeRON · EUR · USDlockYour data stays in the EU

What owning the BET costs you each year

BT MaximFUND3.40%

Capital PointFUND2.34%

BT Romania ETFETF1.50%

Patria-TradevilleETF1.36%

InterCapitalETF0.97%

You, replicatingDIY0.90%

50,000 · 4% dividend yield · 120 buys/yr

Published annual product costs from issuer documents. Products differ in strategy, benchmark and access; BT Maxim is actively managed. Your figure is dividend tax, CASS and commissions expressed as an annual rate on the same balance — worked out in the calculator below.

Official issuer documentsChecked 4 September 2026

Fee math

Every route to the BET has a cost. Replication is the one you control.

An ETF charges you a TER and does the work. A mutual fund charges several times that, and Anchorfolio can’t track it at all. Replicating the index yourself swaps the annual fee for dividend tax, CASS and commissions you pay directly — whether that comes out ahead depends entirely on your numbers, so here they are.

ETF vs DIY: Cost comparison

DIY pays 16% dividend tax and CASS when annual thresholds are reached; ETF costs are applied annually through TER.

Compare with existing funds

Current portfolio value (€)

€

Monthly contribution (€)

€

Expected annual return (%)

Investment horizon (years)

yrs

ETF TER (%)

Dividend Yield (%)

Advanced settingsTrading fees, taxes, CASS and exchange rate

DIY cost assumptions

Buys per year

Dividend tax (%)

Fee per Buy (%)

Fee per Buy (€)

€

EUR/RON rate

RON

Min. gross salary (RON)

RON

Other income subject to CASS

RON

Rent, independent activity or other non-salary income, per year. Taxable amount, not gross.

Average annual costs & taxes

ETF costs (TER):€1,764

ETF trading fees:€32

DIY trading fees:€68

DIY dividend tax:€775

DIY CASS (health):€243

Break-even TER vs. this fund (10 years):0.84%

Projected charges over 10 years, divided by 10; CASS is included in years when a threshold is reached.

ETF projected value€233,127At 1.5% TER, plus trading costs

DIY projected value€244,529Equivalent annual cost: 0.9%

Kept by replicating€11,403Difference after 10 years

Portfolio value over time

Replication cost advantage over time

Replication ahead

DIY wins — you keep €11,403 more after 10 years

Dividend tax, CASS and commissions equal about 0.9% a year — below the ETF's 1.5% TER.

Keep my €11,403

Note: In dividend-heavy markets, ETF investors pay recurring dividend tax implicitly through the fund. DIY replication pays dividend tax explicitly, but avoids annual TER. Depending on yield levels, one can dominate the other over time.

Indicative estimate. Rates and thresholds change; check current legislation or consult a specialist. Anchorfolio does not provide tax advice.

Email me this result

I'll send you the numbers above. Plus the tax deadlines that apply to you, a few times a year.

REPLICATION

The wizard does the arithmetic. You place the orders.

Replicating an index by hand means recomputing twenty weights every time you add money. Anchorfolio turns those weights into whole-share orders at that day’s BVB prices, then keeps grading how closely you still track.

Pick the index and the capital
BET, BET-TR or a basket of your own — and how much of the journey goes into it.
The wizard sizes every position
The latest available BVB prices turn target weights into whole-share orders you can hand straight to your broker.
Drift is tracked from then on
As prices move, the tracking error is graded and the next contribution goes to whatever fell behind.

AWeight deviation20 positions · mean absolute deviation 0.16%

Journey capital68,400 RON

BET · 26 Aug 2026 close

RebalanceBuy onlyFull

SNP

OMV Petrom

BUY

Target W.: 18.1%
Actual W.: 17.6%
Deviation: -0.5%
Shares: 15,433+439
Value: 12,038 RON

BRD

BRD – Groupe SG

SELL

Target W.: 7.5%
Actual W.: 8.0%
Deviation: +0.5%
Shares: 243-15
Value: 5,472 RON

TLV

Banca Transilvania

SELL

Target W.: 20.4%
Actual W.: 20.8%
Deviation: +0.4%
Shares: 438-9
Value: 14,227 RON

SNG

Romgaz

BUY

Target W.: 9.2%
Actual W.: 8.8%
Deviation: -0.4%
Shares: 717+32
Value: 6,019 RON

H2O

Hidroelectrica

HOLD

Target W.: 17.6%
Actual W.: 17.5%
Deviation: —
Shares: 94
Value: 11,970 RON

TGN

Transgaz

HOLD

Target W.: 3.1%
Actual W.: 3.0%
Deviation: —
Shares: 82
Value: 2,052 RON

Position	Target W.	Actual W.	Deviation	Shares	Action	Value
SNPOMV Petrom	18.1%	17.6%	-0.5%	15,433+439	BUY	12,038
BRDBRD – Groupe SG	7.5%	8.0%	+0.5%	243-15	SELL	5,472
TLVBanca Transilvania	20.4%	20.8%	+0.4%	438-9	SELL	14,227
SNGRomgaz	9.2%	8.8%	-0.4%	717+32	BUY	6,019
H2OHidroelectrica	17.6%	17.5%	—	94	HOLD	11,970
TGNTransgaz	3.1%	3.0%	—	82	HOLD	2,052

On-target positions (<0.3% drift) shown dimmed · six largest drifts first · sample data

Open the replication wizard

BVB close· Sep 26

BETarrow_drop_up+0.1%TLVarrow_drop_up+0.0%SNParrow_drop_up+0.0%H2Oarrow_drop_up+0.0%BRDarrow_drop_up+0.0%VWCEarrow_drop_up+0.0%WEBNarrow_drop_up+0.0%USD/RONarrow_drop_up+0.0%BETarrow_drop_up+0.1%TLVarrow_drop_up+0.0%SNParrow_drop_up+0.0%H2Oarrow_drop_up+0.0%BRDarrow_drop_up+0.0%VWCEarrow_drop_up+0.0%WEBNarrow_drop_up+0.0%USD/RONarrow_drop_up+0.0%

See it in action

Your investments have different jobs. Track them that way.

Organise your investments into journeys — each with its own target, progress and strategy, even when the assets are spread across multiple broker accounts.

Total accumulated value

€0 +2.4% this month

Active journeys

3 journeys Across 3 broker accounts

Next achievement

€150k milestone €7,147 to go

Stable

Safety Anchor

The foundation of your financial peace.

Fidelis bondsCash

Current value€46,193

Target €50,000 · 92% funded

Liquidity

100%

Risk

Minimal

Explore this journey

On track

Golden Years Fund

Securing your future with steady, conservative growth.

BVB stocksETFsBonds

Current value€84,210

Target €500,000 · 17% funded

Total return

+8.4%

Risk

Low

Explore this journey

Accelerated

Innovation Venture

Aggressive trajectory focused on market leaders.

Growth stocks

Current value€12,450

No fixed target · growth allocation

YTD return

+12.1%

Next milestone

€15k

Create your own journey

Sample data for illustration purposes

Built for the parts generic trackers ignore.

Romanian taxes, BVB, Fidelis, multiple brokers and currencies — without rebuilding your portfolio in a spreadsheet.

BET Replication

Whole-share orders at the latest available BVB prices, then drift grading so you know how closely you still track the index.

See what replication costs you

Tax Report

Declarația Unică figures from your own transactions: 16% dividend tax at the current rate, capital gains, and the CASS thresholds you actually crossed.

Portfolio Tracker

BVB stocks, international ETFs, Fidelis bonds and cash — across every broker account, in one view.

Dividend Calendar

Every ex-date and payment ahead of you, with Romanian and foreign withholding tax applied before it lands.

Bonds & Fidelis

Every active Romanian government issue, including Fidelis subscription windows, coupons and maturities.

Multi-currency & Performance

RON, EUR and USD converted at BNR rates, so performance across brokers is comparable rather than approximate.

TRUST

Should a financial tool ask for blind trust?

No. Here's what you can verify.

First-hand experience

Built around workflows we actually encountered investing from Romania.

Verifiable methodology

The assumptions behind every calculation are visible, and you can change them.

No return promises

Anchorfolio helps you understand decisions; it doesn’t predict markets.

No custody. No money movement.

Your investments stay with your broker. Anchorfolio cannot hold or move your funds.

Private by design

Your portfolio is never public or sold to advertisers. Data is stored in the Netherlands on encrypted disks, transmitted over HTTPS, and access is limited to what is required to operate Anchorfolio.

How it started

From scripts to stability

It started in a small apartment in Bucharest.
Python scripts to track one BVB portfolio. Then the fees hit, data scattered across three brokers, and tax season became its own part-time job.

We built Anchorfolio because we needed it.
Every feature on this platform is a problem we ran into first.

Why we built Anchorfolio

2024

The fee problem

High fees, fragmented data, no local tools that worked.

2025

The spreadsheet workaround

Custom scripts, spreadsheets, browser tabs. It worked — until it didn’t.

2026

Anchorfolio

A professional home for the modern Romanian investor.

Anchor your financial future today.

Join early investors who care about understanding the real cost of investing.

Start free — no card required

Learn while you buildWant to understand the maths? Read the investing guide

I’ll write when it matters

The tax deadlines that actually apply to you — Declarația Unică, CASS thresholds, Fidelis windows — and a note when broker import lands. A few times a year, no more.