Investing on autopilot. The simple way to grow your money like the world's most sophisticated investors. Get your first $10,000 managed free for one year from MoneyMade.
7% - 10%
Wealthsimple provides smart, simple investing, without the high fees and account minimums associated with traditional investment management. They invest your money in a globally diversified portfolio of low-cost index funds, and use cutting-edge technology to help you earn the best possible return, while optimizing your tax bill. This means they do things like automatic rebalancing, dividend reinvesting, and tax loss harvesting. They have expert financial advisors that are always available when you need them and now have more ways to reach your goals and manage your money such as high interest savings, commission-free trading, and automatic spare change investments.
Manage your Wealthsimple account and thousands of other platforms with MoneyMade Portfolio!
- Low-cost + simplified investing, saving, trading, & tax products.
- Powerful technology combined with human help.
- Commitment to protecting accounts with the highest standards of security available.
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 Wealthsimple makes money
Management Fees: .5% (under 100k) or .4% (over $100k) management fee depending on account balance. One thing to note is that these fees do not include the management fees charged by the managers of the investment funds that you hold. These fund management fees are referred to as the management expense ratio (the “MER”) and are expected to be about ~0.2% annually. This currency exchange fee is the only fee we charge on trades. Wealthsimple Trade charges a currency exchange fee for USD trades of our Corporate FX rate + 1.5%. There are no commission fees, funds transfer charges, or other hidden fees.
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 of our accounts have standard investor protection up to $500k in the case of our insolvency
Things to know
- You make money onDividends + Value
- Payout frequencyQuarterly
- Term of investmentZero
- Open toAll Investors
- Country availabilityWorldwide
- Assets under management$5B
- Mobile ApplicationIOS, Android
Investment Return Calculator
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Value after fees
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.
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7% - 10%