Robo NISA

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fools_gold
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Robo NISA

Post by fools_gold »

Wealthnavi have just announced a roboadvisor NISA for 2021. https://www.wealthnavi.com/nisa/teaser

It's an interesting development but can't be recommended due to its use of US ETFs and a silly 1% management fee.
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RetireJapan
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Re: Robo NISA

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Probably better than nothing though, for the people that just don't want to deal with anything...
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Kanto
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Re: Robo NISA

Post by Kanto »

fools_gold wrote: Fri Dec 11, 2020 6:44 am Wealthnavi have just announced a roboadvisor NISA for 2021. https://www.wealthnavi.com/nisa/teaser

It's an interesting development but can't be recommended due to its use of US ETFs and a silly 1% management fee.
1. Strangely it is Regular-> New NISA not Tsumiate. Tsumitate would probably be more suited to a Roboadvisor.

2. That fund example....55% bonds? Geez, that is conservative.

3. If this was attractive to someone they probably should just do Tsumitate with an 8-asset class fund. Not my cup of tea though I did consider it initially.
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Re: Robo NISA

Post by fools_gold »

Kanto wrote: Fri Dec 11, 2020 7:15 am
1. Strangely it is Regular-> New NISA not Tsumiate. Tsumitate would probably be more suited to a Roboadvisor.

2. That fund example....55% bonds? Geez, that is conservative.

3. If this was attractive to someone they probably should just do Tsumitate with an 8-asset class fund. Not my cup of tea though I did consider it initially.
They use US ETFs which is probably why you can't do the Tsumitate. Emaxis have a series of roboadvisor like funds that do the same job and can be bought in a Tsumitate, but the fees on those are quite high too.
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