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You can turn the Income Sweep feature on or off online here:
What is it?
Income Sweep is an option to either have income paid out (when turned ON) or kept in the cash reserve and reinvested at the next rebalancing (when turned OFF).
How does it work?
Clients can elect to have the dividends paid out instead in a monthly income sweep. At the end of each month, all dividends and interest received by your account will be tallied and paid out to their nominated bank account by turning income sweep ON.
Step by step
Log into the website and go to:
Go to Investment Preferences
Scroll down to Income Sweep
Toggle the Income Sweep to On or Off
Select Save Settings
Click Verify Request
Choose Email Verification or SMS Verification
Complete Verification Process
If you require any assistance, please contact our friendly team at invest@investsmart.com.au
See also Video tour of the InvestSMART website for clients.