Consider the Product Disclosure Statement (PDS), Target Market Determination (TMD) and other applicable product documentation before making a decision to purchase, acquire, invest in or apply for a financial or credit product. Canstar may receive a fee for referring you to a product provider – for further information, see how we get paid.Ĭanstar is a comparison website, not a product issuer, so it’s important to check any product information directly with the provider. For more information, read Canstar’s Financial Services and Credit Guide (FSCG) and our detailed disclosure. You may need financial advice from a suitably qualified adviser. Consider whether this advice is right for you, having regard to your own objectives, financial situation and needs. This advice is general and has not taken into account your objectives, financial situation, or needs. Regardless of whether you are completely new to investing or whether you are an experienced investor, there are bound to be several investment apps out there that can cater to your needs. This is a space that is constantly evolving as new fintech solutions are introduced into the market. Some smartphone investment apps are proving popular with customers due to the simplicity, accessibility and convenience they offer. Source: Yahoo! There’s an app for that – including the Canstar app! The app goes beyond equities, with the ability to track currencies, bonds, commodities, world indices and futures. Customers can also track the performance of a manually entered personal portfolio in real time. The app allows you to follow the stocks that interest you in custom watchlists as well as receive personalised news and alerts. The free to download Yahoo! Finance app strives to be the all-in-one destination to track your portfolio, markets and the economy. The app promises to provide customers with a truer representation of how their portfolio is performing. Sharesight markets itself as ‘the glue’ between online brokers, share registries and excel spreadsheets. The app also provides detailed performance and tax reporting information all the way down to the transactional level. Sharesight is a portfolio management software system created to help enable individual investors to collate and streamline their investment reporting. If you’ve already got a portfolio of stocks and other investments, Sharesight can help you keep track of them all. However, some of these features require the purchase of a monthly subscription to Stocklight premium. quantitative analysis via simple graphics.a summary of your portfolio’s profit and loss to date (including dividends).a news feed, which groups all the relevant news for the stocks on your watchlists.The free to download app provides investors with information including stock prices, company announcements and research updates. While Stocklight may not allow you to trade through it directly, the app aims to allow investors to sort through the endless stream of data, opinions, speculation and analysis that investors are exposed to. Those who purchase a subscription to InvestSMART may also get access to the affiliated Eureka Report and Intelligent Investor, depending on their choice and level of membership.Īlthough the service does not allow for trades to be executed through the app, there is the ability to invest in the company’s own managed accounts and ETFs portfolios which provide a mix of asset classes in one portfolio.Īvailability: Google Play and Apple App Store Investors should also receive instant notifications when a new investment recommendation is released. investment ideas and ‘buy’ recommendationsĪlso, with the premium version, the app’s filters are more sophisticated, designed to make it easier for investors to find shares that suit their needs.Users will have be able to stay up-to-date with the latest news, access broader performance reporting and an create and store portfolios and watchlists.įor those who sign up to the app’s paid membership service, the app provides the following: The app allows investors to track and manage their share portfolio through their Portfolio Manager service. The InvestSMART app is a free to use portfolio management service that aims to help Australians grow and protect their wealth. InvestSMARTĪvailability: Google Play and Apple App Store Here are four popular investment apps that may be worth exploring. There are a variety of investment apps out there that cater specifically to managing your portfolio. More than ever Australians are using their mobile phones for everyday tasks, including managing their investments.
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