How can I make an investment?
Once your Spriggy Invest account has been opened, you can make an initial or additional investment through the Spriggy app. You can invest using:
The Make an Investment feature
The recurring investment feature
The payment methods and any current minimum or maximum amounts are shown in the Spriggy app.
Is there a minimum investment amount?
There is no minimum account balance or minimum investment amount under the PDS; however, a minimum deposit of $10 applies when an investment is funded from a payment method using the Make an Investment feature.
These amounts may change, and the current amounts will be displayed in the Spriggy app.
How long does an investment take?
After a deposit is received, ETF units are generally acquired within two business days. Units are acquired at the applicable market prices when the order is executed.
How is my money allocated?
Deposits are invested according to the allocation of the Spriggy Growth Portfolio.
Betashares may first use a deposit to increase investments that are below their target allocation, then invest the remaining amount proportionately across the portfolio.
Important information: This article provides general information only and is not personal financial advice or a recommendation to invest. Before making an investment decision, read the current PDS and TMD, available through the Spriggy app or at spriggy.com.au/terms.