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Showing 1 - 7 of 7 results for "Raiz Super"

AMG Super to take on fledgling super product

JAMIE WILLIAMSON  |  TUESDAY, 6 DEC 2022
... following a 74.6% increase in the last 12 months, largely driven by the acquisition of Superestate. As at June 2021, Raiz Super had 4923 members and Superestate had 6073, meaning a combined total of 10,996. Explaining the decision, Raiz Invest said ...

ERS dents Raiz Super by $13m

KARREN VERGARA  |  WEDNESDAY, 24 FEB 2021
... super scheme. Members withdrew $13 million between April and December 2020, the firm's half-year accounts show. Raiz Super launched in 2018 with Diversa acting as its trustee. Members' money is invested in ETFs listed on the ASX, which sit across ...

Raiz Super regains losses

ANNABELLE DICKSON  |  WEDNESDAY, 27 JAN 2021
The micro-investing platform grew its superannuation funds under management by nearly 15% in the December quarter despite the impact of the early release of super scheme (ERS). Raiz Invest's superannuation portfolio swelled to $81 million or 14% from ...

Raiz shuffles leadership team

ANNABELLE DICKSON  |  WEDNESDAY, 26 AUG 2020
... the average revenue per customer up 71% to $38.20. Raiz noted a 45% increase in growth in its superannuation offering Raiz Super to $70 million from the previous corresponding period despite over $7 million being withdrawn as a result of the Early Release ...

Balanced options in the red, but only just

ALLY SELBY  |  TUESDAY, 7 JUL 2020
... offering has lifted as global markets rebounded - despite drawdowns from the government's early release scheme. Raiz Super has seen its FUM lift 2.2% in the past month, and 5.3% over a three-month period. "The June numbers are very encouraging as ...

Raiz Super bleeds red

ALLY SELBY  |  WEDNESDAY, 3 JUN 2020
Raiz Invest's super offering lost a further $2 million during the month of May, with Australians taking advantage of the government's early release scheme to preemptively access their retirement savings. Over the last three months, funds under management ...

ERS shaves $4m off Raiz Super

ALLY SELBY  |  TUESDAY, 5 MAY 2020
The government's early release scheme shaved $4 million from Raiz Invest's superannuation offering, as members drew down on their savings to weather the COVID-19 crisis. Funds under management in Raiz Invest Super fell 6.7% over the past three months ...
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