Are there any Robo investment companies that give daily price updates of the funds they provide?
29 July 2021
Question by Donald
Are there any Robo investment companies that give daily price updates of the funds they provide?
Answered by Boring Money
Hello Donald
A robo-adviser is simply an online investment service which typically asks you about 10-15 simple questions and then allocates you to a suitable basket of investments. And manages these for you on an ongoing basis. The big plus for less confident investors is that you don't have to pick all the individual investments – they do it for you.
It's still a small and growing market and many of the players are new and unfamiliar brands. But many of these will provide daily price updated. You will need to google these.
My Company can also provide daily price updates on funds and enable you to pick a ready made portfolio, but technically this is not a Robo style investment.
I hope this helps.