Features Of The App
#1 – App Interface
As investors who want to own the world, one useful feature that we love is that the app tells you clearly which geographies your investment covers.
There’s a bit of info about the top companies in your themes, the split of your portfolio by sub-sector and how the different parts of your theme have performed, and which stock-ETFs you are investing in.
It doesn’t tell you which bonds you are investing in though, and we looked all over their website and app for info on this. We want to know what we are investing in.
So we contacted them and this is what they said the bonds were: Lyxor Green Bond (DR) UCITS ETF (CLMU) and iShares Global Govt Bond UCITS ETF (IGLH), both with OCFs of 0.25%. UK bonds make up less than 5% of these investments, so do your own research into them to check you’re happy with them.
#2 – Fractional Shares
It effectively has a fractional shares feature built in, as you can invest any amount you like – over £5 – into your theme ETFs.
You can’t do this on many traditional investment platforms. For instance, the L&G Cyber Security UCITS ETF (ISPY) costs around £13 to buy one unit on the open market, but you could invest £5 in Tickr and be invested in this Cyber Security ETF.
#3 – Monthly Investments
You can set this to anything from £5 upwards. Too many investors try and fail to time the market, but dripping equal amounts into the market on a regular basis over the long term has been shown to give better results.
#4 – Round Ups
Round-ups works by securely connecting to your bank, and rounding up the spare change on your transactions to the nearest £1.
Using an example from the app, spend £2.40 on a coffee, and the remaining £0.60 will be invested into your Tickr portfolio.
You can also apply a multiplier, which doubles, triples or quintuples the amount you invest via this method.
However – this Round-Ups service suffers from similar limitations as round-ups offerings on other apps.
It doesn’t happen in real-time. Instead, it keeps track of your round-ups over the week, and takes them all at once on a Monday. This could catch you off-guard with your household budget.
It would be much more expensive for Tickr to offer an instant round-ups service; which is likely why they don’t offer one.
2 Comments
Hi, If you are free I would like to ask you about 212.
Please send me some way of contact.
Regards Kristian
You can ask away in the comments here, or on the YouTube channel! Ben
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