How to Invest in GInvest: A Step-by-Step Beginner’s Guide
April 8, 2021
Saving is a habit that must make regularly. If you make every activity a habit, your efforts to do it again will significantly increase periodically, and you will continue to do so productively. But you can convert savings into an investment that allows money to work for us.
First, you must understand your goals and develop that motivation to save and to invest. It would be best if you created an attitude that keeps you on the road of saving and investing instead of spending on wants instead of needs.
To increase one’s earning potential or returns, one should invest in the right financial tool at the right time.
For instance, investing in GInvest is the investment marketplace of the GCash app. This service allows users to invest from their partner product providers in a variety of investments.
ATRAM Trust Corporation provides and manages the funds available via GInvest and some of the Philippines’ best-performing funds. It’s also the first independent trust company in the Philippines. And also, SeedBox Philippines, a company that introduced digital investing in the Philippines.
How do I start to invest with GInvest?
Make sure your GCash account is fully verified before you start investing in GInvest.
You can start your investment by searching GInvest when fully verified. (It is not on your homepage, but you will find GInvest by clicking on the ‘Show More’ option, then scroll down to ‘Financial Services’). And then click GInvest to begin the Risk Profile Assessment.
After that, you must complete a brief questionnaire. It will assist you in determining your risk profile.
Once you have approved, you can subscribe to an investment fund or purchase units. It will process your subscription within 1 to 2 business days.
How to Invest GInvest in the Fund of Your Choice?
To invest in it, click on the fund of your choice. You can also invest regularly by setting a reminder. Once you’ve made your decision, click the ‘View Details.’
Users can invest in one of five different types of funds:
• Money Market Fund – These are the more traditional way of investing, like time deposits.
• Philippine Total Return Bond Fund – Invest in bonds in local companies and government.
• Philippine Smart Equity Index Fund – Invest in local companies through the PSEi index, like BPI, BDO, and Ayala.
• Global Technology Feeder Fund – Invest in colossal tech companies like Google, Apple, and Samsung.
• Global Consumer Trends Fund – Invest in innovative companies like Shopee, Nintendo, or Alibaba.
When you click ‘Buy,’ you will be asked to accept the ‘Participation Trust Agreement,’ the ‘Key Information Investment Disclosure Statement,’ and the ‘Risk Disclosure Statement.’
Afterward, you can enter the amount you want to invest. P50 is the minimum investment.
You will receive an SMS to confirm it after you place your order, and it will appear temporarily as ‘pending’ as it is processing at its end.
Does GCash GInvest charge for use?
They will charge no fees each time you transact from your investments. There are also no minimum holding periods. There are no fees for investing in GCash.
Can I lose my money? Has my investment been safe?
There is always a risk in investing in financial markets. Given the professional management of the GInvest funds, there is a relative reduction of the risk. It means less risk than a direct investment in the stock market.
There are several ways to start investing like as I mentioned on how to invest in GInvest with little money, and many other online platforms and apps have facilitated this. All you have to do is begin. However, before putting your cash anywhere, do your research. It entails venturing beyond online discussion forums. Investing is almost always fraught with risk. While planning and learning can help mitigate that risk, keep in mind that it is always present. You will succeed if you are intelligent and careful.