Rakuten Tsumitate Nisa question

[TokyoTower]

Sorry if this has been asked before.....

I use SBI for my (regular) NISA but my GF has just opened a Tsumitate Nisa with Rakutena and I am trying to help her buy the Emaxis Slim All Country fund.

I want to use up the year's allowance in one go but I keep getting directed to an accumulated order screen where I am asked to set a a monthly direct debit style of small monthly payments.

Is there a way to buy the full yearly allowance of 400,000 in one go? I'm sure I'm just being stupid and am missing something obvious here!

Thanks

[jcc]

Unless I'm mistaken, that's how the tsumitate works. It's saving in installments.

[Tony]

jcc is correct. Tsumitate Nisa is set up so that you pay in monthly, or even daily, installments (and bonuses too). You can't just buy everything right at the get go ... that's what regular NISA is for.

[adamu]

Better start tsumitating!

[cheapshot]

I just set up my own Rakuten TT NISA and there was an option to invest more with the remaining months of this year. That is: I start TTing in August, but it allowed me to put in extra to make up for the months that I didn't TT, which will take me up to the limit of 40man.

Check when you set it up if you have the same option.