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.
Assets lets you choose how you’d like the money in your currency accounts or jars held. Right now, you can choose between two Assets: cash or stocks.
If you choose to hold your money as stocks, we’ll invest all of the currency account or jar in a fund we’ve chosen.
Invest in hundreds of the world’s biggest companies
When you choose to hold your money as stocks, we’ll invest it in an index tracking fund we’ve chosen — the iShares World Equity Index Fund, managed by BlackRock. It tracks the MSCI World Index.
The MSCI World Index is a portfolio of stocks that theoretically represent the global market. It includes some of the world’s biggest companies — like Apple, Tesla, and Microsoft.
Your money is at risk whenever you invest, but in funds like this, that risk is spread. So if one company doesn’t do so well, your total investment might be less affected.
Pay low fees
You pay two fees when you invest using your Wise account — a service fee to Wise and a fund fee to BlackRock.
The service fee is 0.40% annually. The fund fee is 0.15% annually. Both fees are taken automatically.
Instant access to your invested money
You can send, spend or withdraw up to 97% of your invested currency account or jar at any given time.