Two more reasons to get excited about the Custom Portfolio! - Raiz Invest

Raiz users have always been interested in improving their financial literacy with the hands-on experience they get from the Raiz App. In January 2021, we introduced Custom Portfolios, providing those that seek more financial control the ability to choose their own asset allocation.

In response to customer feedback for more choice, we are happy to make two more ETFs available as part of the Custom portfolio offering:

  1. VSO.AU – Vanguard MSCI Australian Small Companies Index ETF
  2. VEFI.AU – Vanguard Ethically Conscious Globally Aggregated Bond Index Hedged ETF

VEFI gives you an additional option in the socially and ethically responsibly themed ETF space.  VSO gives exposure to small caps so you could now follow the whole evolution of a company in Australia from small to large cap, like we have seen with an AfterPay or a Zip.


The choice is yours

Our Custom Portfolio can give you more financial control over how you invest. For example, you can now build a portfolio which is more tech focused, more internationally focused, or more focused on sustainability. If you’d like to include cryptocurrency in your portfolio, you may choose to have up to a 5% holding in Bitcoin.

Because you need to choose, Custom Portfolios are not suitable for everyone. You will need to read our Product Disclosure Statement to determine if it is suitable for you and understand the investment risks and fees.


No brokerage

The Raiz platform gives you the perfect balance of flexibility without the high brokerage costs that can come with buying or changing the ETFs you want to hold.

For example, if you were to create a portfolio of a selection of ETFs by purchasing them through a trading app, it could cost you hundreds of dollars in brokerage depending on who you use. If you switched the ETFs you hold or topped up your holdings, these costs would increase.

But with Raiz, you can deposit, withdraw, and change as often as you like, whenever you like, and the Custom portfolio fees are just $4.50 per month for accounts less than $20k, or 0.275% p.a. for balances exceeding $20k. Not to mention that we will automatically rebalance your portfolio, keeping your holdings in line the with the target weightings you specify.

The Raiz App is not a trading tool or a stockbroker, it is about building portfolios to invest in. Please read the Product Disclosure Statement to learn more about the investment risks and rebalancing process.


Name your Custom Portfolio

Each Custom Portfolio is going to have a different allocation, a different account balance, and each user likely has different goals and aims for their investing journeys. So why should they be named the same? Custom allows you to choose a name for your portfolio that suits your approach, your style, and your personality.


How do I change my portfolio?

Switching to a Custom Portfolio (or changing the target weights for an existing Custom Portfolio) is a free and easy process.

The first time you go to the Custom screen, the default will be to have 100% of your portfolio weighted towards the AAA (cash) ETF. To customise your allocations, tap on the ETFs/Bitcoin below the pie chart, and use the sliders to select your weightings. Any target weightings you assign will automatically be taken from the default 100% AAA weighting. If your target weightings in other ETFs/Bitcoin are less than 100%, the remainder will be automatically assigned to the AAA ETF.

After you save your allocation, name your portfolio, and tap the change portfolio button, Raiz will automatically process your buy and sell requests within 1 business day.

If you have already switched to a Custom Portfolio and want to edit your existing target weightings, just tap on the ‘Edit Portfolio’ button on the Custom Portfolio screen in the app, and once you are done editing, tap on the ‘Save Allocation’ button to action the changes.


Is a Custom Portfolio right for me?

As with any financial product, we recommend you read the PDS to see if a Custom Portfolio is suitable for you.  At any point in time if you are in Custom and want to revert to one of the seven Raiz diversified portfolios, it is as simple as changing your portfolio as you normally would.



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Important Information

If you have read all or any part of our email, website, or communication then you need to know that this is factual information and general advice only. This means it does not consider any person’s particular financial objectives, financial situation, or financial needs. If you are an investor, you should consult a licensed adviser before acting on any information to fully understand the benefits and risk associated with the product. This is your call but that is what you should do.

You may be surprised to learn that RAIZ Invest Australia Limited (ABN 26 604 402 815) (Raiz), an authorised representative AFSL 434776 prepared this information.

We are not allowed, and have not prepared this information to offer financial product advice or a recommendation in relation to any investments or securities. If we did give you personal advice, which we did not, then the use of the Raiz App would be a lot more expensive than the current pricing – sorry but true. You therefore should not rely on this information to make investment decisions, because it was not about you for once, and unfortunately, we cannot advise you on who or what you can rely on – again sorry.

A Product Disclosure Statement (PDS) for Raiz Invest and/or Raiz Invest Super is available on the Raiz Invest website and App. A person must read and consider the PDS before deciding whether, or not, to acquire and/or continue to hold interests in the financial product. We know and ASIC research shows that you probably won’t, but we want you to, and we encourage you to read the PDS so you know exactly what the product does, its risks and costs. If you don’t read the PDS, it’s a bit like flying blind. Probably not a good idea.

The risks and fees for investing are fully set out in the PDS and include the risks that would ordinarily apply to investing. You should note, as illustrated by the global financial crisis of 2008, that sometimes  not even professionals in the financial services sector understand the ordinary risks of investing – because by their nature many risks are unknown – but you still need to give it a go and try to understand the risks set out in the PDS.

Any returns shown or implied are not forecasts and are not reliable guides or predictors of future performance. Those of you who cannot afford financial advice may be considering ignoring this statement, but please don’t, it is so true.

Under no circumstance 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.

This information may be based on assumptions or market conditions which change without notice and have not been independently verified. Basically, this says nothing stays the same for long in financial markets (or even in life for that matter) and we are sorry. We try, but we can’t promise that the information is accurate, or stays accurate.

Any opinions or information expressed are subject to change without notice; that’s just the way we roll.

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