On Newday you are able to Choose a collection of Newday Impact Portfolios that match your values. Newday offers a suite of options in order to meaningfully reflect your values in your investment portfolio. This includes companies that are leaders in environmental, social, and leadership policies. Newday is an SEC registered investment advisor that will always act with your best interests in mind. If an investment doesn't offer competitive market and social returns, it simply doesn't belong in your portfolio.
How you make money
Stock price appreciation + dividends. For reference: according to historical records, the average annual return from the S&P Index since its inception in 1926 through 2018 is approximately 10%–11%. The average annual return since adopting 500 stocks into the index in 1957 through 2018 is roughly 8%. Adjusted for inflation, the historical average annual return is around 7%. However, it's important to note that each Robo has their own investment strategy that can influence returns.
How Newday makes money
Newday charges 0.75% of assets under management (AUM) annually. That means if you invest a total of $100 we only charge you 75 cents. That's not even one cup of coffee! Newday also donates 5% of revenue from our asset management fees to our NGO partners
Is it safe?
Investing entails risk including the possible loss of principal and there is no assurance that the investment will provide positive performance over any period of time. All Newday investment accounts are SIPC insured via our brokerage partners. SIPC is investor insurance. SIPC insures customers of brokerage firms for up to $500,000 in net equity in each account. That includes up to $250,000 in cash balances.