I want to set my pies to AutoInvest daily, however I want to ensure that the funds are actually invested each day the markets are open. I understand the minimum investment per slice is £0.20, so if I have the (current) maximum of 50 slices with equal weightings of 2%, the initial minimum investment is £10. However the minimum daily amount is showing as £1? If I’m not mistaken, this would mean that £0.02 would be allocated to each slice on a daily basis? What would happen in terms of investing the funds in this case?
a) £0.02 would be invested into each stock Tuesday-Friday and £0.06 on Mondays
b) nothing would be invested until day 10 when each slice would have been allocated £0.20
c) nothing would be invested until every stock’s minimum traded quantity had been met (e.g. 0.001 shares of Tesla would currently cost £1.11, so the £0.20 minimum investment wouldn’t be enough for the min traded quantity of Tesla)
d) something else I haven’t thought of
The answer to this question will determine how many stocks I have in each pie and how much I deposit each day.
Thanks in advance for any help/advice you can offer!