Why can my investment balance change?
Your investment balance can go up or down because the value of the investments in the Spriggy Growth Portfolio can change over time.
The portfolio invests in ETFs, which may include exposure to Australian and global shares. The value of those investments can be affected by market movements, exchange rates, fees, costs and other factors.
Are investment returns guaranteed?
No. Investment returns, distributions and repayment of capital are not guaranteed.
Who holds my investments?
Each account for investing with Spriggy is held by Betashares, as the responsible entity, on a separate trust for the investor. The investor has a beneficial interest in the investments held in their account.
The investments are held on a pooled basis by Citigroup Pty Limited, the scheme’s custodian. Citigroup holds the legal interest in the investments on Betashares’ behalf.
The Betashares Investment Committee constructs and manages the Spriggy Growth Portfolio. It selects the ETFs and determines their target allocations.
Spriggy provides access to investing through the Spriggy app and helps Members access their accounts for investing with Spriggy.
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 and consider whether the product is appropriate for your circumstances. These documents are available through the Spriggy app or at spriggy.com.au/terms.