Simplewealth helps put you in control of your future.
The account opening process is designed to:
(a) We ask you to complete an online questionnaire:
(b) We then design a personalized investment portfolio for you to help you to achieve your investment objective.
Your risk profile, investment objective and investment timeline will determine your Investment Strategy and a recommended investment Portfolio.
If you want to change the recommended Portfolio, you can.
If you want a Socially Responsible Portfolio, just let us know!
Our Growth and Balanced Portfolios are suitable for those who are seeking higher long term returns and are prepared to accept greater volatility in financial markets.
Our Conservative Portfolios are best for protecting capital or for saving to buy your first home. Long term returns are likely to be lower, but there should be less short term volatility.
You can have more than one Portfolio if you invest more than CHF 25,000 with Simplewealth. If you would like to do this, please let us know during the application process.
(c) The next step is to start to open your Simplewealth Account:
(d) Once you have uploaded your identity documents we will:
assist you to open an account in your name, and on your behalf, with Interactive Brokers (“Your Account”); and
send you an Asset Management Agreement (“Agreement”), so that you can appoint Simplewealth as the manager of Your Account.
Note: If you would prefer to use a Swiss Custodian, let us know and we can arrange this for you. Using a Swiss Custodian requires a higher minimum balance but we can discuss this with you.
(e) Your Account holds the funds (the “Cash”) that you deposit, and the investments (the “Assets”) that we purchase for you.
(f) Once we have received your signed Agreement, we will send you the bank details to fund Your Account. You can deposit as much as you like, provided that your initial deposit is at least CHF 6’000.
(g) Once Your Account is funded, Simplewealth will manage Your Account in accordance with your Investment Strategy. We will use the Cash that you have deposited to buy and sell Assets (primarily ETFs) on stock markets.
(h) When managing Your Account:
we automatically rebalance your Portfolio to manage your investment risk; and
we will reinvest income (such as interest and dividends) that your investments may earn.
(i) The Cash and Assets in Your Account remain yours at all times.
(j) You can make additional deposits to Your Account, in any amount, at any time.
(k) While you can make withdrawals at any time, provided that the minimum investment of CHF 6’000 is maintained, we recommend staying invested for the duration of your intended investment period.
(l) Sit back and relax. Your Investment Account is now on auto-pilot. You can access and view Your Account 24/7 via the Simplewealth website.
If you have any questions, just ask us. We want to keep everything simple for you!
Simplewealth. Your Investment. Your future.