Overview
Portfolios combine personalized choice with professional guidance. They offer flexible investment timing and asset selection backed by professional financial expertise.
Key features of portfolios include:
- A streamlined investment process
- Customizable allocation options and ETF selections
- Expert-curated strategies for various financial goals
- Low-fee, diversified portfolios
- Automated optimization tools
- No mandatory waiting period for recommendations
Beta limitations
Before you open a portfolio, please consider the following limitations:
- We don't support in-kind institutional transfers into these accounts.
- Instant transfers aren't available. There's a 1 business day processing period for cash transfers in and out of the account.
- Portfolios are currently only available on the Wealthsimple mobile app.
Eligible accounts
You can open a portfolio in the account types below:
- TFSA
- FHSA
- RRSP
- Non-registered
How to open a portfolio
You can open a portfolio on the Wealthsimple mobile app.
Follow these steps to open a ready-made portfolio:
- Sign in to the Wealthsimple app on your mobile device
- From the Home tab, scroll down and tap + Add an account
- Choose an eligible account from the account options menu
- Select Portfolios
- Choose a portfolio
- Tap Invest in this portfolio
- Follow the prompts to customize it
Frequently asked questions
Why is there a portfolio automation fee for portfolios?
What's included in a portfolio?
Who are these portfolios made for?
These portfolios are great for investors who want a simple, hands-off way to grow their wealth. They're backed with expert knowledge and automation, so we'll take care of the heavy lifting and day-to-day-management.
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