What portfolios are available?
Selfwealth currently offers three portfolios:
Cash+ (AUD). A cash management portfolio that invests in money market and high-interest cash ETFs. Its objective is to deliver returns in line with prevailing Australian money market rates. There is no lock-up period, no maximum investment limit, and no transfer, exit, or fall-below fees. It is a standalone product, so you can hold it without holding any other portfolio.
Income+ Defensive. An income portfolio that invests primarily in investment-grade bonds, diversified across local and global markets including Australian and US Treasuries and corporate bonds. Its objective is to generate regular income while aiming to preserve capital.
Income+ Enhance. An income portfolio that follows a credit-focused strategy, investing in higher-yielding, lower-rated bonds such as high-yield corporate bonds and emerging market bonds. Its objective is to generate a higher level of current income. These assets carry higher credit and market risk than investment-grade bonds.
The portfolios recommended for you are determined through the suitability assessment and set out in your Statement of Advice.
Is Cash+ a savings account?
No. Cash+ Flexi is a cash management investment product invested in low-risk money market and bond ETFs. It is not a bank account, it is not capital guaranteed, and it is not covered by the Financial Claims Scheme administered by APRA. Projected returns are based on the annualised yield estimates of the underlying funds, as provided by the fund managers, and apply to your entire balance. Returns are not interest and can change with market conditions. Past performance is not indicative of future results.
Do I receive dividends?
Yes. Dividends from the underlying ETFs are received into your portfolio. Depending on your settings, they can be reinvested or paid out.
Can I have multiple portfolios?
Yes. You can hold more than one portfolio, each aligned to a different investment goal. All portfolios sit under a single MDA Contract.