InvestSMART aims to make building and maintaining your wealth easy. The best investing is done slowly, almost forgotten about in the background and a great way to ensure you continue to grow your wealth is to use the InvestSMART automated account settings.
Growing your wealth
Regular contribution plan: Turn on a regular contribution plan to have a minimum of $100 per month direct debited from your bank account into your InvestSMART account.
Automatic dividend reinvstment: The default setting for your InvestSMART account is to automatically reinvest the distributions. Instead of just going straight back into the ETF they came from, they are reinvested across your portfolio to maintain balance.
Maintaining your wealth
Automated income settings:
Income sweep: Every month we scan your account to see what dividends have been paid. They are bundled up and transferred out to your bank account. Clients living off the proceeds of their portfolio make use of this setting.
Regular withdrawal plan: Have a preset amount withdrawn from your portfolio each month. The InvestSMART team will ensure your portfolio maintains the right balance whilst providing you with regular funds.
Adhoc withdrawals: Withdraw funds as and when you need to fund your lifestyle or take advantage of market highs.