In our last article we looked at What a Smart Basket Is. In this article we’ll run through 4 key benefits of Smart Basket investing.
A quick brush up on Smart Baskets
To get started with Smart Basket investing, all you have to do is provide information via our optional filters on your risk appetite, time horizon, and investing goals (whether you’re after growth or dividends).
After that, we’ll display a handful of pre-built orders, built by wealth professionals that you can directly invest in – ranging from high growth and riskier assets to more stable and income-focused investments – across Australian and US markets.
So what are the benefits?
1.Focused investing
Smart Basket investing helps you to focus on the things that really matter – your why.
In the long run, factors like daily price moves, news sound bites, and the latest hot picks from armchair investors don’t matter. What does ultimately matter is ensuring your investing is focused around your goals and risk profile.
Beyond that, Smart Baskets help you focus on your specific investment goals. For most, we grow our wealth not to simply grow our wealth, but to do something with it, to achieve something.
Whether that is buying an engagement ring or building a retirement nest egg isn’t the point. The point is that we invest to achieve something.
With Smart Baskets you can focus on achieving your goals while tuning out the noise and without pouring hours into research.
For example, if you were saving for an engagement ring, your time horizon would be shorter and you’d likely want to take on less risk.
For those with short term ambitions, Smart Baskets of interest could include the AU Conservative Growth basket – which is focused on achieving conservative growth and income generation.
But if you were investing for retirement, many would consider taking a different approach. In such a case, Syfe’s US High Growth or AU High Growth Smart Baskets – which both have the objective of maximising risk-adjusted returns and capital appreciation might be one place to begin your investment journey.
As Warren Buffett aptly put it: ‘Games are won by players who focus on the playing field – not by those whose eyes are glued to the scoreboard.’
2.Backed by wealth professionals
Invest confidently. Syfe’s Smart Baskets are pre-built by our team of wealth professionals – based on different combinations of risk and time so you can tap into decades of knowledge based on what suits you best.
With Smart Baskets, you’ll simply pay the brokerage you normally would for the ETFs in the pre-selected Smart Basket you choose. (More on that below.)
3.Time is money
Smart Baskets let you invest efficiently across a group of ASX or US ETFs – in one order – cutting hours out of what for many is a time intensive research process.
From an investment perspective, that will give you more time to think about what kind of investor you really are:
- Are you comfortable with a little or a lot of risk?
- What’s your investment time horizon – is it 10 months or 10 years?
- Do you prefer dividend or growth investments?
At the end of the day, our professionally backed pre-built baskets mean you won’t have to spend time researching hundreds of ETFs to build a portfolio aligned with your goals and risk profile.
Outside of investing it will let you spend more time on the things that really matter, whether that’s family, friends, or improving your golf swing.
But let’s say you choose not to invest using Smart Baskets and instead invested in 10 US-listed ETFs individually. Across those trades, you would pay total brokerage of US$1.49 per ETF traded – for total brokerage fees of US$14.90, if you invested in 10 US ETFs – when you invest with Syfe.
To celebrate our launch of Smart Baskets, for a limited time, we’re slashing the brokerage on all Smart Basket investments in half.
So, if you bought a Smart Basket that was made up of 10 US ETFs – you wouldn’t pay brokerage of US$14.90 – you would pay brokerage of just US$7.45. That deal applies on any trade value. At the top end, those savings can really add up!
4.Hands off investing
Finally, whether you’re new to the markets or simply would rather take a more hands off approach to investing, Smart Baskets represent the ideal entry point for those looking to dip their toes into the world of all things finance.
If you’ve ever thought about any of the following – Smart Baskets might be a good investment to consider:
- You want to increase your knowledge of the markets before you take a more self directed approach to investing.
- You don’t have enough time to research every stock out there and understand every business.
- There’s simply too much noise – whether it’s competing opinions, a deluge of data, or chaotic market events.
Download the Syfe app now and create an account to start building a portfolio of our wealth-backed, pre-built Smart Baskets. Or click here to learn more about Syfe Smart Baskets.
Your investment journey doesn’t end with Smart Baskets. When you join Syfe you can also invest in 12,000+ ASX & US shares and ETFs directly – meaning you can build an all-weather portfolio, no matter what stage of the investment journey you’re at. Get started investing here.
Smart Baskets are pre-packaged orders formulated according to investment attributes of the underlying securities/ETFs (such as geographic and industry exposure, historical dividend yield, and historical capital appreciation), and do not take into account your personal circumstances, risk appetite, and goals. The information provided does not suggest or imply and should not be construed as any guarantee of future performance, or as investment advice or strategy. Each Smart Order comprises several separate orders for ease of execution only, and should not be construed in any manner as a managed discretionary account or a managed investment scheme. Investing involves risk, including the risk of losing your invested amount. Any information that may be in this communication is general in nature only and is current at the time of writing. Syfe does not make recommendations of any kind or provide personal advice that take into account your objectives, financial situations or needs. You should therefore consider the appropriateness of the information in light of your own objectives, financial situation or needs before acting on such information, and/or speak to your financial or tax adviser for personal advice. Past performance figures are based on information provided by third parties and may not be accurate. Any references to past performance and future indications are not, and should not be taken as, a reliable indicator of future results. Syfe does not intend for any statement made here to relate to the acquisition or disposal of any shares in the companies or other financial products named here. Syfe makes no representation and assumes no liability as to the accuracy or completeness of the content of this communication.
