Over the past few weeks, we’ve been rolling out an update to your performance graph, giving you more information than ever before on the progress of your Raiz account.
To see the new features, you’ll need to update your app to the latest version.
The update keeps the graphs iconic purple colour scheme, with its distinct white line showing your changing balance since making your first deposit.
The first addition you’ll notice is the new green line. This represents ‘invested by you’ which is all your deposits minus any withdrawals, giving you clearer a picture of how much you have saved since opening your account.
Since the white line represents your total balance, the difference between the white line and the green line represents any market gains/losses you have made at that point in time.
The next new feature you’ll see is the table at the bottom of the graph. This shows you the cumulative amount for a few different values that contribute to your Raiz account balance. The date for these values changes as you drag your finger along the graph, giving you a detailed breakdown of how your balance has changed over time.
Note that the ‘Rewards’ figure includes both Raiz Rewards and Referral bonuses.
If you’ve ever wondered how the percentage return is calculated at the top of the screen, you can read about how it is calculated here.
You can also switch to your ‘Positions’ screen by swiping left at the bottom of the screen.
Customer feedback is at the heart of every decision we make about improving the Raiz app, and we can’t thank our community enough for all of the suggestions, critiques and support you send our way.
We have even more exciting features in development which we can’t wait to share and see you get your hands on!
Don’t have the Raiz App?
Download it for free in the App store or the Webapp below:
The information on this website is general advice only. This means it does not take into account any person’s particular investment objectives, financial situation or investment needs. If you are an investor, you should consult your licensed adviser before acting on any information contained in this article to fully understand the benefits and risk associated with the product.
A Product Disclosure Statement for Raiz Invest and/or Raiz Invest Super are available on the Raiz Invest website and App. A person must read and consider the Product Disclosure Statement in deciding whether, or not, to acquire and continue to hold interests in the product. The risks of investing in this product are fully set out in the Product Disclosure Statement and include the risks that would ordinarily apply to investing.
The information may be based on assumptions or market conditions which change without notice. This could impact the accuracy of the information.
Under no circumstances is the information to be used by, or presented to, a person for the purposes of deciding about investing in Raiz Invest or Raiz Invest Super.
Past return performance of the Raiz products should not be relied on for making a decision to invest in a Raiz product and is not a good predictor of future performance.