What is Auto Invest?
With Auto Invest, you can specify a fixed monthly amount to invest in particular themed funds or stocks. It’s a convenient and consistent way to make regular investments and build your portfolio. Auto Invest is also a great way to utilise pound-cost averaging, which means regularly investing the same amount, into the same asset, at regular intervals. This means you will own assets for varying purchase prices and therefore can reduce the overall impact of price fluctuations, as over time the cost per share will average out. Please note, Auto Invest is currently only available with NuWealth Standard ISA, JISA or GIA.