Moneyfarm Investment Cashback

Investing with Moneyfarm is simple. All you need to do is answer a few questions about what you are looking to achieve with your investment, as well as your financial history, and they will determine your approach to risk, tailoring a strategy to your profile.

Based on your answers, they will then match you to a portfolio based on your investment approach and goals, and which is designed to maximise your returns. You will have the opportunity to make sure you are happy with the chosen portfolio and, if you are, you will need to put money into your Moneyfarm account online or via your bank.

You will also be able to keep track of your investment via the Moneyfarm app, which you can download from Google Play or the App Store. You should also be aware that there is always capital risk as investments can go down as well as up.

Way In Which You Can Invest Your Money

There are various financial services which Moneyfarm provide. You can get started with a general investment account as they offer low-cost, flexible options which are tailor-made and managed by their team of experts.

Whether you are planning to finance retirement, saving a deposit for a house or just looking to grow your wealth, a general investment account can help you fund your goal. The low fees involved means you will retain a greater portion of your returns, compared to other types of investments.

You will receive advice and support, while you will be able to see where you are invested, check your performance and see how much you are paying at any time. You can also withdraw at any time without having to pay additional fees.

The Moneyfarm stocks and shares ISA, meanwhile, provides you with a tax-efficient way to invest and allows you to keep more of your money. Flexible, low-cost and fully managed, they will match you to a portfolio which is built and managed specifically for your investor profile and will never charge you a transfer fee. Moneyfarm are also building a pension product which will allow you to plan for the future. Based on your investor profile, they will decide which investments are best for you.

• The Moneyfarm Story

  The digital wealth management platform was founded in 2011 by experienced entrepreneurs Paolo Galvani and Giovanni Dapra, and helps people protect and increase their wealth over time.

  They felt the wealth management industry was failing to cater for the needs of many and, guided by their belief that families should be able to invest their savings simply and effectively, created a service which offers access to investment advice and quality products.

  Backed by investors, Moneyfarm now operates in both the UK and Italy, offering advice and investments to thousands of customers. They have won awards for their products and are regulated by the Financial Conduct Authority.

• How Much Do You Have To Invest?

  There is no minimum amount you need to have in your account when it comes to getting started with Moneyfarm, although you will not be invested in financial markets until your balance has reached at least £100.

  However, they suggest you have at least £1,500 in your account in order for you to have a good mix of investments in your portfolio. If you transfer less than £1,500 into your account, it is recommended that you top this up either with a regular payment each month or an additional lump sum.

  If you choose to invest less than £1,500, while this means your portfolio will not be optimally balanced, the investments you have will stick as close to the risk profile of your portfolio as possible.

• How They Invest Your Money

  Once you have answered their questionnaire, they will look into the data you have provided and build a plan which they think is right for you.

  They offer diversified portfolios featuring a range of asset classes, geographies and currency exposures in order to minimise risk and maximise growth. They will invest your money in low-cost, liquid, exchange-traded funds (ETFs) and build you a portfolio which will maximise your returns over time.

  Moneyfarm combine the best of smart technology, investment experience and hands-on customer support to offer streamlined, transparent and cost-effective financial products and services.

  As well as there being no trading fees, they offer skilled rebalancing and monitoring, while the fact their investment team stays on top of market fluctuations 24/7 allows them to plan for the future, meaning you do not have to. They will rebalance your portfolio as and when necessary in order to optimise returns and manage risk at the same time.