Why do I have a cash balance in my investment account?

We maintain a small cash balance in your portfolio to cover your fees, which are automatically deducted from this cash component each month. The cash balance is also the smallest amount that we can set aside such that we don't over invest when buying a portfolio of assets without knowing their respective prices ahead of time.

Whenever possible, we strive to minimize your cash balance. When accumulated cash inflows from dividends and / or additional deposits made reach an economically viable investment level, our cash management algorithm will trigger the purchase of additional investments.