Whether you're a beginner or an experienced investor, you can use Pearler's Automate feature to set and forget your investing.

Step 1

Choose how you'd like to fund your Automation. Recurring deposits and round up will direct debit your linked bank account (How do I set up a linked bank account?). Alternatively, recurring deposits into your Pearler cash account can also be set up at your own bank. To send deposits directly to your Autoinvest Shares Cash account, simply enter the reference provided during your Automate setup "automateXXXXX" into the reference, message, or description field when setting up the deposit at your own bank.

Step 2

Choose where you would like your funds to go. You can include US shares as part of your portfolio (Shares).

If you chose Pearler Shares, you can either deposit and invest immediately or once your deposits reach a certain amount.

Regular deposits that are invested immediately are recommended for investors who want to invest a larger amount of money (about $2000+), or who prefer to enter the market sooner regardless of brokerage fees.

Regular deposits that are only invested when a certain amount has been accumulated are recommended for investors who want to make regular smaller deposits.

Funds need to be in your Autoinvest Cash account (not AU Cash) for Autoinvest to be triggered. Once triggered, the full balance of the account will be invested between 10 am - 11 am (unless other times have been specified) on the next trading day. Brokerage fees are always charged on a per share per investment basis. The investment strategy you choose will determine how many brokerage fees are charged.

If you chose Micro, your funds will be invested immediately once received.

Any Micro orders placed before 4 pm will generally be executed on the next trading day. If placed after 4 pm, it will add another day to that timeline.
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Step 3

Decide on your portfolio. You can think of your portfolio as the goal that Autoinvest is trying to reach for you. E.g. I want my portfolio to consist of 35% of Asset/Fund A, 35% of Asset/Fund B, 15% of Asset/Fund C and 15% of Asset/Fund D.

Check out our community profiles and template portfolios for inspiration, or our blog that discusses how to research what to invest in.

Ready to set yours up? Jump onto your Automate page and follow the prompts. You are able to edit or pause your Autoinvest at any time!

How much does Autoinvest cost?

Shares

Autoinvest costs are the same as every other transaction on the Pearler platform - the only fees you pay are the fees to buy and sell shares (brokerage fees).

A brokerage fee of $6.50 is charged with each purchase transaction of a stock.

Some Autoinvest settings result in multiple stocks being purchased and will therefore incur multiple brokerage fees.

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What should I invest in?

Although we can’t tell you what to invest in, Shares such as exchange-traded funds (ETFs) & listed investment companies (LICs) are popular with Shares Autoinvest due to their diversified nature (i.e. you hold many companies in one share).

We don't recommend using Autoinvest for individual companies unless you are an experienced investor. To get started, check out the most popular ETFs and most popular LICs.

How much should I invest?

This amount is completely up to you! You should have a clear understanding of the amount you have available to invest regularly before setting up Autoinvest.

To do this, you'll need to assess your available funds, your risk tolerance, your financial goals, your income, your expenses, and when you’ll need access to the capital you’re investing.

If you’re unsure, speak to someone you trust who is competent with money and understands your individual needs to determine this amount. If no-one comes to mind, we recommend you talk to an independent financial adviser.

How often should I invest?

You can set your Autoinvest schedule to invest weekly, fortnightly, or monthly. Choose whatever frequency works best for you.

Alternatively, you can also deposit money on a set schedule (weekly, fortnightly, or monthly) until you reach a specified amount and then your funds will be invested.

If you're interested in calculating the optimal investing frequency based on brokerage fees, you can do so using our Investing Frequency Calculator.

If you have any questions, please reach out to us via our live chat or email us at help@pearler.com.