Newday

4.5

Robo Advisor

Newday Impact Investing is a digital investment platform that empowers people to invest in causes they care about. Free for students.

Investment risk

Low

Min investment

$5

Target return

Varied

Fees

0.75%

Overview

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.

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Why Invest

  • Only $100 to start investing in future change.
  • Make an impact while saving and investing.
  • Leaders in environmental, social, and leadership policies.

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.

Things to know

  • You make money onDividends + Value
  • Fees0.75%
  • Payout frequencyQuarterly
  • Term of investmentZero
  • LiquidityEasy
  • Open toAll Investors

Company

  • Country availabilityUS only
  • Assets under managementUnknown
  • Established2017
  • Mobile ApplicationIOS, Android

Investment Return Calculator

Calculate your estimated return to reach your investment goals.

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%

years

$

Monthly

Amount invested

$7,000

Total fees

$207.3

Value after fees

$8,840.21

Any references to past performance, regarding financial markets or otherwise, do not indicate or guarantee future results.

Forward-looking statements, including without limitations investment outcomes and projections, are hypothetical and educational in nature. The results of any hypothetical projections can and may differ from actual investment results had the strategies been deployed in actual securities accounts.

Reviews

4.5
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