Today we’re launching Monzo Investments 🎉

Yes, I got a (system) :monzo: notification that investments had been unpaused.

EDIT: Found the notification:

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All unpaused and launched now.
Some nice features, much more flexibility and options to choose individual funds.

But still an extra 0.45% on top of the fund fees. ok if it was managed but if you choose a global index only think they should have an option of DIY self managed ones and knock off the 0.45%

Too expensive imo when you have free options like investengine and 212.

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I’m still waiting for mine to be unpaused :slight_smile:

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Just got the notification a little while ago.

Both pension and investments moved over and much more impressed with the increased options compared to FNZ!

Nice I see they opened pensions also now.
0.63% fee by the looks of it. Paying 0.7% with PensionBee at the moment.
Will Monzo have drawdown options?

Mine is unpaused, but I’ve currently only got a credit of the latest roundups. It says that my money will be transferred soon.

May be related to a failed transfer from one fund to another prior to this transfer.

Well I’ve gone and loaded up on big bet funds last night, this could be fun.

Hi, do you think this is a permanent thing as mine is a s&s ISA so want to keep it all in the ISA fund to avoid tax penalties. I would have thought it would be sensible to allow interchangeable funds within the s&s ISA holding?.

I’ve got this in my account :eyes:

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I like this a lot conceptually - Positive nudges to encourage investing

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I used to be able to see how much I’ve actually put into my investment not just how much it’s worth. Anyone know where this has gone?

Hi, whilst in your Investment, press mangage and then see all activity.

Thank you but it’s just the total I’ve contributed that I want

In fact, in the ‘Adventurous’ Investment Account, there is a ‘Switch’ button which allows you to transfer* money from the Adventurous IA to another themed/geographic IA in your portfolio.

*’transfer’ = Monzo sells your funds in the Adventurous IA and then uses it to buy funds in the chosen portfolio IA - takes up to 2 days apparently.

I’m convinced that switch button wasn’t there before

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Me too. I think it appeared 2 days after the investments unpause, which is the length of time any initial investments in the new Investment Accounts took to transfer.

It is now available in any IA in my portfolio which is nice :+1:

It’s just giving me an error message when I try and use it

Some improvements I would like to see in investments

  • Let us change the icon for the investment accounts (like we can do for savings accounts and pension)
  • Show total balance for each investment account Stocks ISA and GIA (total value for all funds in each account)
  • Another line on the graph showing money invested vs the total account balance.
  • A button to rebalance the account balance in each fund between selected funds by percentage

Hoping more improvements to investments soon

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You were able to until recently. Don’t know why they removed that feature.