Being able to hold a stock within a pie, but with 0% allocation of funds (at the moment, 1% is the lowest it will go), would make a useful placeholder for a future investment.
For example, I may not wish to invest in it right away, but when the time is right I can simply adjust the balance sliders accordingly & then re-balance.
At the moment, the only option is to remove it, or not add it at all.
You can input up to 2 decimal places by entering the number manually. Therefore, the minimum allocation of a fund is 0.01%.
This makes the minimum amount to invest huge.
That’s right, the minimum investment in a pie is determined by your smallest holding, and the minimum investment per holding is £1 (presumably €1 on Euro accounts, I don’t know..). So if you have a stock with a 1% allocation, the pies minimum investment is £100. At 0.01%, if it allowed it, it would be £10k. That’s the disadvantage of that workaround.
You can also add a stock to a “live” pie, set a percentage and then not rebalance. It will warn you that your pie is out of balance. Ignore the warning. When you are ready, rebalancing will buy the new holding. This only works if auto invest is turned off also though. It will also potentially trigger buys and sells on other holdings to bring the allocation into line.
But manually adding it when you’re ready is probably the cleanest option.
But surely if the allocation was 0% then the £1 minimum would be irrelevant? That ‘slice’ of the pie would essentially be ignored for the calculation.