You may have noticed some cash sitting in your investment account and wondered how it serves your portfolio. Rest assured, it's all part of a well-thought-out investment strategy tailored to your financial goals. 💰
Here's why you might spot some higher cash amount in your Selma account:
Your investment is intentionally diversified across a broad range of ETFs. Diversification is crucial as it helps balance risk.
Now, each ETF has a minimum transaction size requirement: at least 1 unit. Consequently, there might be instances where Selma needs to patiently wait until there's enough cash in your investment account to execute the next transaction. ⏳
Remember, Selma is designed to create a balanced and effective investment journey for you. The goal is to keep the amount of uninvested cash at a minimum (approximately around 1% of your investments).
If you're planning to make additional deposits to gradually build up your investments over time, you can find more detailed information in our article here: