Right now, Assets is only available to UK residents and most businesses that are tax resident in the UK. We’re working on expanding it to more customers, and we’ll let you know when we’re done.
Checking the performance of the fund
Go to your currency account or jar held as stocks
Click on the Stocks icon
Click on “Fund” — if you’re using a web browser you’ll see the “Fund” tab, on the Wise app tap on the “iShares World Equity Index Fund” tracker
You’ll find information about:
Past performance of the fund: shows the hypothetical return for 10.000 EUR invested since 2012
Projections of return according to single or monthly added to the balance or Jar held as stocks. The projections are based on the average historical annual growth of the fund which has been 13.56% since 2012.
Please bear in mind that past performance and projections don’t guarantee future growth.
Checking your earnings
You can check the performance of your investment by downloading the statement of your balance or Jar held as Stocks. Or:
Go to the balance or jar held as stocks
Click on the Stocks icon
See “Earnings since start”
“Earnings since start” lets you know the difference between the current value of your balance held as stocks and what it would have been had it been held as cash instead.
Earnings since start are calculated by taking the current value of your holding (number of units you own multiplied by the price of the unit) and subtracting the net amount of cash invested in that balance or jar.
Let's say you bought units worth 10 GBP, for example. The price of the unit doubles over time and now the same amount of units is worth 20 GBP:
Your total balance is 20 GBP
“Earnings since the start” is +10 GBP - this is how much you made compared to the amount you invested
If instead of increasing, the price of the unit dropped compared to when you invested the money, you ‘ll see a negative amount as “Earning since start”. Thus, your earnings may fluctuate between positive and negative while you keep your balance invested, based on how the market is performing.
The scenario above is only an example. This calculation also takes into account any transactions made since the balance was switched to stocks which also impact your earnings
How can I access my earnings?
We offer an Accumulating fund class - so any income from the underlying assets (e.g. cash dividends from a company in the fund) are reinvested by the fund manager to increase the value of the units you hold.
If you buy units and their price goes up, your investment has grown. This means that a unit is worth more compared to when you bought it. It also means that you spend less units if you choose to sell at that price.
When you spend or send from your account, we sell the equivalent number of units. So, to access your earnings you just need to spend your money. There’s no need to divest the balance or Jar held as stock.
Understanding the performance of your investment
The past performance and future projections of the fund may show an upward trend.* However, the performance of a balance or Jar held as stocks will not always match this performance due to some factors that impact the investment, such as:
Moving money to and from the balance or Jar held as Stocks
The price of the unit when you buy or sell your investment or part of it.
The exchange rate may also affect the performance of balances and Jars held in different currencies.
Learn how conversion impacts your investment.
*Please bear in mind that past performance and projections don’t guarantee future growth.