Understanding your investment choices
Commonwealth Bank offers several ways to participate in the market, depending on your experience level and financial goals. Whether you are looking for a hands-off approach through managed funds, a low-entry point for micro-investing, or the ability to manage your own portfolio of Australian shares, these services are integrated into the CommBank app and NetBank for streamlined management.
Before you begin, consider which path aligns with your needs. Each option comes with different minimum investment requirements and fee structures, so reviewing the product disclosure statements is recommended before you make a commitment.
| Category | Details |
|---|---|
| Management Methods | CommBank app, NetBank, or CommSec web portal |
| Processing Time | Variable based on product (from overnight to market-real-time) |
| Eligibility | Australian residents 18+ with a compatible bank account |
| Key Requirements | Tax residency details and valid photo ID |
Frequently Asked Questions
Q: What is the difference between Everyday Investing and CommSec?
Everyday Investing is designed for those seeking a professionally managed, diversified approach, allowing you to start with very small amounts (as low as $2). CommSec, on the other hand, is a self-directed platform where you choose the specific stocks or ETFs you want to purchase. If you prefer to have a professional handle the asset allocation, Everyday Investing may be more suitable, whereas CommSec offers greater control for those who want to build their own portfolio.
Q: Can I invest if I am not an existing CommBank customer?
While the most efficient path is through an existing CommBank account, you generally need to set up a banking relationship with the bank first. Opening a standard transaction account allows you to register for NetBank and provides the foundation needed to open investment accounts. If you are entirely new to the bank, you can start the process by visiting a branch or applying online, which will give you the credentials needed to access the investment platforms.
