In case you’ve been living under a rock, 2021 is the year everyone got their investment game on. Yep, even your mate that is terrible at budgeting seems to be rocking a portfolio of EFTs. If you’re feeling like you’ve been left behind—or you just want to take your investments to the next level—then it’s time to get familiar with Unhedged.
Put simply, Unhedged is a super simple robo-investing platform that gives investors access to sophisticated algorithmic investing via an app—and most importantly, it promises to give the Australian robo-investing sector a shake-up.
Brand new to the market and launching in a few weeks, Unhedged is on a mission to enable everyday people to invest like a boss by democratising algorithmic investing. In short, they’re taking out all the heavy lifting and making your investment journey a simple and successful one.
The game-changing app was co-founded by serial entrepreneur and prolific algorithm builder Peter Bakker, who is anything but your typical private trader. With a background in computer science, he’s spent more than a decade working in statistics and building algorithms to trade in overseas financial markets. So yeah, he knows his stuff.
“Everyday investors don’t have the time or energy to learn advanced investment strategies and are therefore robbed from above-average returns,” Bakker explains. “So, we’ve designed an app-based experience that allows everyday investors to assign their money to advanced AI trading algorithms to access higher performance.”
Unhedged is designed to take on industry heavyweights like Stockspot, Six Park and Raiz, with most fees only charged when it outperformed the benchmark.
“The financial industry is often charging for doing very little, but we put our money where our mouth is,” says Bakker. “Unhedged removes human emotion from the equation, which is notorious for sabotaging rational investment decisions. The app features gamified referral and comes at a time when investors are ready for alternative ways to invest.”
But perhaps our favourite part? They offer low, minimum deposits so pretty much everyone can get into investing. Got a spare $100? You can get started on Unhedged right here.
The app will allow you to invest in a combination of three tested algorithms to achieve greater diversification AKA more chances to make more money.
“Unhedged is launching at a time when Australians are up against astonishingly low interest rates, a booming property market, pent-up demand for holidays has combined to put a renewed focus on investing,” Bakker adds.
So what are you waiting for? Beat the crowds and get started with Unhedged right here.
Next, check out these money podcasts that will sort out your finances stat.
Image Credit: Štefan Štefančík
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