Raiz: A new way to invest
Raiz
is a micro-investment app looking to bring a new, natural approach to saving
and investing. The concept behind Raiz is simple; by starting small,
contributing often and committing long-term, anyone can achieve “financial
well-being” and reach their saving goals. What is revolutionary about Raiz is
that it is a micro- investing platform that allows you to get fully invested in
a basket of ETFs quoted on the ASX for as little as $5. This provides first
time investors with the tools to make small contributions easily, regularly and
cost efficiently.
With low
maintenance fees of $3.50 a month, using Raiz for a year can cost less
than some traditional brokers charge for a trade. Furthermore, with Raiz there
are no exit fees, switching fees, brokerage fees and withdrawing money from
your account takes a couple of swipes. For as little as $5, anyone can
now own a diversified portfolio of stocks. We also believe in the financial
education of all Raiz customers; a lack of knowledge shouldn’t be a
barrier to investing; this is why we make the app easy to use, provide
real-time information on your investments, and give everyone a chance to learn
about markets through the app and through Raiz content.
These
are the three easy ways to get invested with Raiz:
Round-ups
This
key innovative feature links spending to savings. People invest small
change every day without even thinking about it. Raiz makes it possible
to link your credit and debit cards and then round up the virtual change from
every transaction. A virtual “piggy bank”.
Automatic
Investments
Raiz
also makes it easy to set up recurring deposits on a daily, weekly, or monthly
basis. Setting up automatic investment can be done in seconds through the
app, and is great for maintaining a regular savings plan.
Lump
Sums
Our
users can also invest any amount, at any time, with a simple lump sum
investment.
With
these unique ways to fund your account, Raiz is creating an entirely new
approach to saving and investing your money.
Important Information
The information on this website is general advice only. This means it does not consider any person’s 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 Raiz product.
The information in this website is confidential. It must not be reproduced, distributed or disclosed to any other person. The information is based on assumptions or market conditions which change without notice. This will 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.
Past return performance of the Raiz product should not be relied on for deciding to invest in Raiz and is not a good predictor of future performance.
