The ability to import shares into pies was probably the most requested feature since the start of the AutoInvest Beta. I’m pleased to say that we’ve just released it. Android users already have it, just make sure to update your app. iOS users will need to wait a bit more since our latest update is still being reviewed by Apple.
The process of importing or exporting shares is very simple and intuitive. Let’s see how it works.
How to import shares
Open up the pie you’d like to import shares into. Go to the Holdings section and scroll down to the bottom and tap on the ‘More actions’ button:
Then, tap on ‘Import investments’:
You will see a list of all investments available for import. You can import any stock or ETF supporting fractional shares (soon all of them will do). You can’t import an investment if there is a currently pending sell order associated with it.
Next, select how much of each investment you’d like to import - we give you the option to do partial imports. You can even specify the exact number of shares.
Importing new Stocks or ETFs into the pie will automatically create new slices.
The last step of the import process is to “make space” for those new slices by reducing the targets of other slices.
Confirm the import and you’re done!
How to export shares
Exporting shares from your pies is again a very simple process.
You start by selecting which investments you’d like to export.
Next step is to select how much of each investment you’d like to export:
If you’re exporting all shares from a given slice that slice will be removed from the pie and you’ll need to adjust the pie’s target allocation back to a total of 100%.
Confirm when ready and that’s it!
- The Import / Export feature does not initiate any trades. It simply moves shares the same way you move files in and out of folders on your PC.
- You can move shares as often as you’d like without any limitations.
- Import / Export works 24/7. No need for markets to be open in order to use the functionality.
- You can move shares from pie A to pie B by using the export function on pie A and then the import function on pie B.
As always, we’re awaiting your feedback!