Experience with Monex Adviser?

[prtypete]

Monex' Robo Adviser is looking attractive with its low fees compared to WealthNavi, Rakuten Wrap (and THEO).
Has anybody tried it? How does it perform compared to the other services?

As I am not yet a Monex customer and their sign-up form rejects my (by Japanese standards) overly long name(s), I am wondering if it is worth the hassle of signing up (took quite some time and a few phone calls for SBI).
Applying for a WealthNavi account through SBI was a breeze.

[RetireJapan]

Looks very promising indeed

I'll take a look at it.

[RetireJapan]

Basically it's the cost, isn't it? 0.48% is much better than the competition, but it still seems high. I guess I would like to see fees in the 0.2-0.3% range for robos...

[prtypete]

Yeah about half the cost of WealthNavi looking at their material.
One question is if they can generate the same (or better) ROI the other providers generate.

If it does worse the 0.5% saved on fees might just get eaten up?
But I guess that one is impossible to figure out without just putting some money in there and seeing how it performs..

They don't mention anything like WealthNavi's DeTAX and their portfolio 'rebalancing' needs to be done manually it seems.


We are just starting out with investing so we mostly have cash savings.
Opened a NISA account and maxed it out for this year but my wife especially is a bit weary of investing so it would be a good place to start the journey.
Basically put all cash that is not the emergency fund into one or two robots until we figure out this 'investing' thing or is that a bad idea?

Also trying P2P (social) lending, haven't seen that mentioned anywhere really.