How we help you decide if investing is right for you

So, you’re thinking about investing? It’s never too soon to start, but it’s helpful to consider why you want to invest first so you can make sure it's the right move for you. Here's how we help.

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Capital at risk

You might just want to build up your savings in an investment that’s suitable for you or you might have financial goals for yourself or for your loved ones in mind, such as buying a house, getting married or just having a comfortable retirement.

If your recommendation from us is that you could be investing your money then we will be able to guide you through the process. This includes asking you about these goals and when you might want to achieve them buy. This helps us to create an investment strategy that’s right for you.

Do the right thing

One of our core values is to always do what’s best for our customers and one of the ways we stick to that principle is by only recommending investing if it's right for your circumstances and you can afford it.

If you have expensive debts we might tell you investing with us isn't right for you right now, as we think you’d be better off paying what you owe first.

We might recommend that you hold a "rainy-day" fund of at least three months’ wages, just in case of any unsuspected events, like illness or unemployment.

We also won’t recommend that you invest with us if your goal is within the next 5 years. Whilst you can withdraw your investment at any time, we consider investing with us to be a medium to long term solution (at least 5 – 10 years).

How it works

When you register as an investor with us, we’ll ask you a few questions about your financial situation and attitude such as your income, outgoings, debts and attitude to risk. This information helps ensure we recommend an investment portfolio that’s right for you, by balancing your appetite for risk with your desire for returns.

If you register as an investor with OpenMoney, we’ll ask you about these goals and when you might want to achieve them to help us create an investment strategy that’s right for you.

Foresight with flexibility

Before you commit any cash, we’ll show you how your investments could perform by calculating the projected annual return, after fees and inflation, so you can imagine what your investment could be worth for years to come.

As all of our funds are tracker funds, we’ll monitor how they perform against the relevant benchmark and, if we need to, we’ll buy or sell some of the investments to maintain your original allocation – which is known as ‘rebalancing’. This will help ensure that your investment remains suitable for you.

We want to make sure we’re doing the best we can for you. So, if your situation or investment goals change, or if you just want to check your investment is still working for you, you can book an appointment with one of our qualified financial advisers for free.

You’ll also pay no more than 0.76% in fees annually; a fee which includes as many adviser appointments as you need, at no extra cost.

As with most investments, we can’t guarantee your returns and your capital is at risk, however by continuing to make sure your investments are suitable for you and the amount of risk you’re willing to take, we will try our best to help you achieve your financial goals.

To read more, we've answered the 7 most common questions when it comes to investing.

Remember, capital is always at risk when investing.
Fees correct as of 31/08/2022 and may exceed the stated value.

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Capital at risk

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