What's New• Streamlined registration and improvements for linking bank accounts
• Bug fixes and enhancements
App DescriptionAcorns is an app, FREE to download, that invests your spare change from everyday transactions into your very own diversified portfolio. You can easily get started in minutes: anytime, anywhere.
· Intelligent Investing ·
A simple and intelligent automatic investment system not only helps you invest regularly but also optimizes your investment through diversification and automatic rebalancing. In other words, we buy low and sell high without you having to keep an eye on things.
· Bank Level Security ·
Your peace of mind is our highest priority. Acorns protects your information, prevents unauthorized account access, and notifies you of unusual activity.
· Low Fees ·
No commissions, ever. It’s always free to move your money into and out of Acorns. Using Acorns for a year costs less than what most traditional brokerages charge for just two trades.
*Once you invest, Acorns will charge $1 per month. Acorns also charges a management fee ranging from .25%-.5% per year of total assets in your account.
HOW WE INVEST
· Diversification ·
Acorns seeks to maximize expected returns for a given amount of risk by carefully diversifying across multiple asset classes. The mathematical framework used for this diversification is called Modern Portfolio Theory.
· Automatic Rebalancing ·
Acorns automatically rebalances your portfolio during market fluctuations to mitigate risk and optimize returns.
· Low Cost ·
Acorns invests in low cost ETFs and passes these savings on to the users in the form of low management fees. Using Acorns for a year can cost less than some traditional brokers charge for two trades.
Download Acorns now for FREE! Charges do not apply until you decide to invest. You can always choose to withdraw anytime with no fees.
November 30, -0001 Initial Release