Introducing Robowise™
Designer portfolio service by WiseAlpha
Intelligent, automated investing. Automatic reinvestment. Robowise diversifies your money across different investments on the market giving you the choice of two income portfolios: Balanced or Adventurous.
What can I earn with Robowise?
Corporate bonds are promises from a company to repay borrowed money and interest by agreed dates.
*The rates shown are the average Yield to Maturity of the Fractional Bonds in each portfolio. They are pre-tax and Service fees. Any changes you make to the Robowise settings may also change the yield of each portfolio.
There is no guarantee that your use of Robowise will achieve the stated yields which could be higher or lower.
Preview your portfolio with Robowise…
See how your portfolio will look before you invest.
Frequently Asked Questions
Email our investing team if you have any unanswered questions.
What does Robowise do?
Robowise allows you to customize and create a diversified portfolio according to your instruction. Diversification is an important tool than can help reduce overall risk.
Who is Robowise for?
Robowise is for those looking to invest a lump sum or who are time poor and want a simple diversified portfolio.
How do I add a Robowise portfolio?
Head to your accounts page and click ‘Add a Robowise portfolio’.
You can choose from a balanced or adventurous income portfolio and set whether you want your interest and any capital repayments re-invested automatically on an ongoing basis.
You are also able to opt-out of industries and companies you do not wish to invest in.
You can turn Robowise off at any time.
How does the Robowise algorithm work?
The Robowise Balanced Portfolio is suitable for investors who seek income & growth, and can live with seeing the value of their investments fluctuate across market peaks and troughs.
Our Balanced Portfolio default setting has robowise spread your money equally across a broad selection of our Fractional Bonds, tilted towards our market’s lower yielding bonds.
The Robowise Adventurous Portfolio is suitable for investors who prioritise return, and are happy to accept a high degree of volatility to achieve it.
Our Adventurous Portfolio default setting has robowise spread your money equally across all of our Fractional Bonds, tilted towards our market’s higher yielding bond.
A tiered Annual Service Fee is taken based on all amounts invested and taken only when interest payments are made.
A 0.25% Sale Fee is taken only when you want to liquidate all or part of your portfolio. Transactions (buying and selling) employed by Robowise in order to diversify and maintain your portfolio do not incur Sales Fees.
Can I turn off Robowise?
Yes, you can switch off Robowise at any time.
What are the expected returns from Robowise?
During the set-up of Robowise you will be shown the yield to maturity (expected return to maturity) of each of the Balanced and Adventurous portfolio.
The current yield to maturity 6.12%* for the Balanced Income portfolio and 7.74%* for the Adventurous Income portfolio.
*As with all investing your capital is at risk and returns are not guaranteed. The advertised yield to maturity of the portfolio is gross of fees and tax.
Are Euro investments included in the Robowise portfolios?
At this time Euro investments are not included in the Robowise product. Separate Robowise Euro portfolios may be available in the future.
Will Robowise automatically re-invest my interest and any capital repayments?
If you choose this option during the Robowise set-up any interest or capital repayments will be automatically invested. If you want to withdraw the interest income you earn from your investments to supplement your personal income, then you should switch this option off.
What are the fees?
Tiered Annual Service Fee
Based only on all principal amounts of the Fractional Bonds invested. Fees are collected on a pro rata basis when a borrower makes an interest payment (this is either on a quarterly, semi-annual or annual basis).
Example calculation:
1) If you held £50,000 in principal amounts of Fractional Bonds you would be charged 1% on the first £20,000 and 0.75% on the next £30,000 giving an effective annual fee rate of 0.85%
2) if you held £120,000 in principal amounts of Fractional Bonds across all of your WiseAlpha accounts (regular, SIPP, ISA, Corporate) you would be charged 1% on the first £20,000, 0.75% on the next £30,000, 0.5% on the next £50,000 and 0.25% on the final £20,000 which would give an effective annual fee rate of 0.60%
A 0.25% Sale Fee is taken only when you want to liquidate all or part of your portfolio. Transactions (buying and selling) employed by Robowise in order to diversify and maintain your portfolio do not incur Sales Fees.
