How do I automate investing (and deposits) into ETFs & shares?
Pearler offers over 2,000 ASX-listed (AU) and over 4,000 NASDAQ-listed (US) ETFs and shares you can invest in.
With Automate, you can set up a regular set and forget Direct investing automation according to your preferences. You are able to choose...
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What to invest in
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How to add funds
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Your preferred investment strategy
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Set up how much $ you want to build up before investment/s are made
Let's get started!
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Head to your Automate page and click Add an automation.
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Click on the Direct investing option
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Choose how you want to deposit
Some options require a primary bank account to be set up first
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Choose which ETFs/shares you wish to include by typing the asset name or the 3-4 letter ticker code into the search bar, then click "+" to add. Repeat to add another asset.
If you have added more than one ETF or share, you will be asked to choose your preferred investment strategy. Investments made into one vs. multiple assets will affect the brokerage fees incurred.
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Choose when to make an investment/s.
The $650 minimum per ETF or share added is set by default to ensure that the ASX $500 initial parcel requirement can be satisfied.
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Name your automation, review and confirm!
You may need to accept a PayTo agreement at your bank if you selected the scheduled deposit funding option
Once an automation has been triggered, the whole balance of the automation will be invested on the next trading day between 10:30 am - 11:00 am according to your instructions.
If you have set up a scheduled deposit Autoinvest, you can still make additional one-off deposits (or transfers from your AUD cash account) into the same automation for when e.g. you receive a bonus or tax refund etc, as well as transferring from your AU
To have external deposits go directly towards a particular automation in future, simply include the reference provided (automateXXXXX) into the reference, message, or description field when making the deposit from your own bank.
Please send us a live chat message or email us at help@pearler.com if you have more questions :)