03 May, 2021
03-05-2021
George Lucas, Raiz Group CEO
First let’s take a look at equity markets. Even as the equity markets put in strong performances in April, we’re seeing investors switching into cash at the fastest rate since March 2020.
Uncategorised Archives - Page 10 of 10 - Raiz Invest
19 January, 2021
19-01-2021
George Lucas, Raiz Group CEO
One of the big themes to watch this year will be the vaccine-led economic recoveries in nations hard hit by the coronavirus pandemic. This is driven by recent developments suggesting that vaccines will be distributed on a sufficient scale to quash COVID-19 in most developed countries.
15 January, 2021
Raiz Rewards is our rewards program that sits within the Raiz app. Users can earn a percentage of their purchase invested back into their Raiz Invest or Raiz Super account, and the rewards are eligible on top of on-site sales. With over 250 brands to choose from there is something for everyone – from fashion to tech to travel. Before making a purchase, simply go to the Raiz Rewards section in the app and click the “Shop Online Here” button for the brand you’d like to shop with.
13 August, 2018
Raiz Kids is a simple way to save and invest small amounts regularly for your children/grandchildren.
We understand that life gets busy, life gets messy, especially when you have little ones. For the parents and grandparents in our Raiz community, we know it is not simple to get started on a savings fund for your kids.
What is Raiz Kids?
Raiz Kids is a simple way to save and invest for your children and/or dependents who are under the age of 18.
Just like your main Raiz balance, you can invest your spare change from everyday purchases, set up a recurring or lump sum deposit towards you and your chosen Raiz Kid(s).
You can control the access your Raiz Kids have
Raiz Kids can have direct access to their own investment portfolio, with your permission. This can be an immersive way to help your kids understand how financial markets works and start developing savings and investing habits that they can take with them into their adult lives.
But don’t worry, you get to choose how much access your Raiz Kid has. If you give permission in the settings, your Raiz Kids can choose their own portfolio, or can make changes to recurring investments as an example. You can also choose to get notified any time a Raiz Kids account makes changes to these settings.
You can have multiple Raiz Kids accounts, each with different settings and permissions
Each Raiz Kids account can have different permission and controls, tailored to suit the age of the child and what control you would like to give. Each Raiz Kids account can have a different portfolio selection. You can have different one-off and recurring investments for each Raiz Kid, which could be great for different investment pocket money or does different chores around the house that are done 😊
How to setup a Raiz Kids account within your Raiz Invest account?
- Head to “Invest” on the home page of the Raiz App or website and scroll down to “Automatic Savings for your Child”
- Enter the personal information of your child, such as their name and D.O.B. (this may be prefilled if you already have been using Raiz Kids).
- Choose what level of control your child can have over the investments
- Choose if you would like to create a recurring investment, whether its daily, weekly, fortnightly or monthly
- Select from one of seven Raiz Portfolios to suit your risk tolerance, or build your own using Custom Portfolio
- Determine what notifications you would like to receive when your Raiz Kid makes any changes to their account.
Give your kids the gift of investing
We want to give you the chance to see firsthand and free of charge how these new features can help you invest for the next generation.
It is important to note that just like Raiz Invest accounts, Raiz Kids accounts carry investment risk.
To see Raiz fees, click here.
To see if Raiz is a suitable investment product for you, please read the PDS.
Don’t have the Raiz App?
Download it for free in the App store or the Webapp below:
Important Information
| This blog has been issued by Instreet Investment Limited (ACN 128 813 016 AFSL 434776) as Responsible Entity of the Raiz Invest Australia Fund (ARSN 607 533 022) and has been prepared without taking into account your objectives, financial situation or needs. Before acting on such information, you should conduct your own review or consult a financial advisor before making a decision to invest. Please read the relevant Product Disclosure Statement and any associated reference documents before making an investment decision. In accordance with the Design and Distributions Obligations, we maintain Target Market Determinations for our Funds. All documents can be found on the Raiz website www.raizinvest.com.au, or calling the Customer Support team on 1300 754 748. Please note that past performance is not a reliable indicator or guarantee of future performance. Historical returns, forecasts, and market commentary are provided for general informational purposes only. All investment carries risk and may result in loss of capital. |
