Weekly Wrap 26/10/18
App updates
This week, we started testing the funding route for ISAs.
We’ve also introduced an extra check to help users remember to copy their unique references. We hope it’s not too pushy! 😊
The money withdrawal process in the app is more responsive, too.
Previously, funds only disappeared 2–3 days after you requested a withdrawal. From now on though, the funds will immediately come out of your available cash as soon as you make the request.
The money will still take 2–3 days to arrive in your bank account, but you won’t have to worry about not touching the money in Freetrade and making sure not to invest it.
We’ll ship this change (and a lot more) in the next release of the app!
New joiners
Our new Junior Designer, Ettore, joined this week. James is this happy.
Ettore will be working on our brand design, helping to keep Freetrade beautiful in the app and beyond.
New ETFs
A big addition to the stock universe as we introduced a new group of ETFs covering markets and stocks across the world. In the first few weeks of the rollout, our ETFs were fairly weighted to the UK. However, we now have a host of different tracker funds stretching worldwide.
From big US indices like the tech-focused NASDAQ 100 tracker and the 800-strong Russell Midcap to Vanguard’s huge VWRL fund covering 3000 stocks in developed and emerging markets.
Here are the new international additions:
We’ve also expanded the available US fixed income ETFs with a variety of corporate and US government bond-tracking funds. These are the new additions:
- US Treasury 1–3 year Bond ETF (CU31)
- US Treasury 3–7 year Bond ETF (CU71)
- US Treasury 7–10 year Bond ETF (IBTM)
- Vanguard US Corporate Bond ETF — VUCP
- iShares High Yield Corporate Bond Hedged — IHHG
Stay tuned for even more updates to the universe!
That’s it for this week, folks! As always, head to the community to discuss the updates.
We’re on a mission to bring fee-free investing to Europe and beyond. 🔥
Freetrade does not provide investment advice and individual investors should make their own decisions or seek independent advice. The value of investments can go up as well as down and you may receive back less than your original investment. Tax laws are subject to change and may vary in how they apply depending on the circumstances.
Freetrade is a trading name of Freetrade Limited, which is a member firm of the London Stock Exchange and is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales (no. 09797821).
