Overview

With a managed portfolio, your money is invested across a wide range of asset classes in the market. This is a time-tested way to help maximize returns while minimizing risk.

Key features of managed portfolios include:

• Made for modern investors: You get access to innovative investing opportunities without high fees. Enjoy intuitive tech and get human support along the way.
• Supported by experts: Our in-house investment team will customize a portfolio to suit your risk tolerance and goals. They monitor market trends and opportunities so you don't have to.

Managed portfolio fees

Wealthsimple's managed investing portfolio fees include:

• a management fee,
• a management expense ratio (MER) fee, and
• a foreign currency exchange fee.

If you'd like to learn more about our management fee and foreign currency exchange fees, you can review the Wealthsimple Invest Fee Disclosure.

Eligible account types

You can open a managed portfolio in the account types below:

• Tax-Free Savings Account (TFSA)
• First Home Saving Account (FHSA)
• Registered Retirement Savings Plan (RRSP)
• Registered Retirement Income Fund (RRIF)
• Locked-in Retirement Account (LIRA)
• Life Income Fund (LIF)
• Registered Education Savings Plan (RESP)
• Individual and joint non-registered
• Pension
• Corporate

How to open a managed portfolio

Follow these steps to open a managed portfolio:

1. Sign in to the Wealthsimple app on your mobile device
2. From the Home tab, scroll down and tap + Add an account
3. Choose an eligible account from the account options menu
4. Select Portfolios
5. Tap Go fully managed
6. Follow the prompts to finish setting up your managed portfolio

Frequently asked questions

Please check out our frequently asked questions to learn more about Wealthsimple's managed portfolios.

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