Spaceship Voyager Review | Is Spaceship a Good Place to Invest?

Newsfresherhub.com is excited to present you a complete review of Spaceship Voyager, a new Australian-based investment app along with Who owns Spaceship, What is the minimum investment for a Spaceship Voyager, and How safe Spaceship Voyager is. So read this article at the end and get an honest review of the Spaceship Voyager platform.

In my opinion, The Invest App is an app that will make investing more accessible to everyone, especially for those who don’t know much about investing or have small amounts of money to invest. This app is designed to offer users a hassle-free experience when it comes to investing, with a minimum investment of just $5.

Related: Raiz Investment Review | Is Raiz Invest Safe?

What is Spaceship Voyager? Complete Review

Spaceship Voyager is a digital investment platform based in Australia. Spaceship Voyager is owned by Spaceship Financial Services Pty Ltd, which is a privately held company. It is considered a micro-investing platform, as it allows users to invest. The platform is designed to make investing more accessible to people who may not have a lot of money to invest, by allowing users to invest as little as $5 at a time.

The platform also offers a universe portfolio that tracks the top 200 companies on the Australian Securities Exchange (ASX), as well as a sustainable portfolio that invests in companies that have high environmental, social, and governance (ESG) standards.

Spaceship Voyager also offers a range of educational resources and tools to help users learn about investing and make informed investment decisions. The platform regularly publishes market updates and insights, as well as a blog covering a range of investment-related topics.

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How does Spaceship Voyager work?

Spaceship Voyager works as a digital investment platform that allows users to invest in various investment portfolios. Here are the basic steps on how the platform works:

1. Sign up: Users can sign up for Spaceship Voyager by downloading the app on their mobile device or by accessing the platform on their computer.
2. Choose a portfolio: After signing up, users can choose from three different investment portfolios, each with a unique investment strategy. The portfolios include the Spaceship Universe Portfolio, the Spaceship Earth Portfolio, and the Spaceship Voyager Growth Portfolio.
3. Invest: Users can then invest money in their chosen portfolio with as little as $5. The app offers the option of setting up recurring investments or making one-off investments.
4. Monitor portfolio: Once the investment has been made, users can monitor the performance of their portfolio on the app. The platform provides regular updates on the performance of the portfolios and offers insights into market trends and investment strategies.
5. Withdraw: If a user decides to withdraw their investment, they can do so at any time without incurring any exit fees. The app allows users to withdraw their funds directly to their bank account.

Spaceship Voyager aims to make investing more accessible and user-friendly, especially for younger generations who may have limited investment knowledge or smaller amounts of money to invest.

Portfolio Options in Spaceship Voyager

In this section, we will provide information on each of the portfolio options available in Spaceship Voyager.

Spaceship Universe Portfolio

This portfolio tracks the performance of the top 200 companies listed on the Australian Securities Exchange (ASX). The portfolio is diversified across multiple sectors and industries, with a focus on companies that Spaceship believes, have strong growth potential. The portfolio includes companies such as Commonwealth Bank, BHP Group, and CSL Limited.

Spaceship Earth Portfolio

This portfolio invests in companies that have high environmental, social, and governance (ESG) standards. The portfolio includes companies that are focused on sustainability and have a positive impact on the environment and society. The portfolio includes companies such as Tesla, Unilever, and Alphabet.

Spaceship Voyager Growth Portfolio

This portfolio invests in innovative and disruptive companies that are expected to benefit from technological disruption and changing consumer behavior. The portfolio includes companies that Spaceship believes have strong potentials for growth, such as Apple, Amazon, and Shopify.

Each portfolio has a unique investment strategy, and users can choose the one that best aligns with their investment goals and preferences.

What is the best spaceship portfolio?

• Universe Portfolio: This may be a good choice for investors seeking a more diversified portfolio.
• Earth Portfolio: This portfolio may be a good choice for investors who prioritize socially responsible investing.
• Growth Portfolio: This portfolio may be a good choice for investors seeking higher potential returns but who are also willing to take on a higher level of risk.

What Does Spaceship Voyager Cost?

Spaceship Voyager charges a fee of 0.10% per annum on the total value of your investment, which is taken out of your account on a monthly basis.

For example, if you have $10,000 invested in Spaceship Voyager, you will pay a fee of $10 per year, or $0.83 per month. Spaceship Voyager does not charge any additional fees for making deposits, withdrawals, or buying and selling shares.

Feature of Spaceship Voyager

Here are some of the key features:

• User-Friendly Interface: Spaceship Voyager has a user-friendly interface that makes it easy to sign up, manage your investments, and track your portfolio’s performance.
• Low Fees: Its charges a fee of 0.10% per annum on the total value of your investment, which is relatively low compared to other investment platforms.
• Auto Invest: It offers an Auto Invest feature that allows you to set up recurring investments on a daily, weekly, or monthly basis.
• Socially Responsible Investing: Spaceship Voyager incorporates environmental, social, and governance (ESG) factors into its investment process.
• Fractional Shares: It allows investors to purchase fractional shares of stocks and ETFs, which means you can invest in high-priced shares with a smaller amount of money.
• Mobile App: Spaceship Voyager has a mobile app that allows you to manage your investments on the go.

How safe is Spaceship Voyager?

Spaceship Voyager is a regulated investment platform that takes several measures to ensure the safety and security of its users’ investments. The platform is regulated by the Australian Securities and Investments Commission (ASIC), which requires Spaceship Voyager to adhere to strict rules and regulations to protect investors.

Additionally, Spaceship Voyager uses a custodian service to hold and safeguard investors’ assets. This means that your investments are held separately from Spaceship Voyager’s own assets and are protected in the unlikely event of Spaceship Voyager’s insolvency.

It also requires users to enable two-factor authentication to access their accounts, adding an extra layer of security to protect against unauthorized access. The platform uses SSL encryption to protect users’ personal and financial information from unauthorized access.

Spaceship Voyager Performance

As of March 2023, Spaceship Voyager offers two investment options: Spaceship Universe Portfolio and Spaceship Origin Portfolio. Here’s a summary of their performance history since their inception:

Spaceship Universe Portfolio

As of March 2023, its one-year return was 32.43%, its three-year return was 18.12%, and its five-year return was 18.39%.

Spaceship Origin Portfolio

As of March 2023, its one-year return was 28.97%, its three-year return was 16.43%, and its five-year return was 16.72%.

Pros and Cons of Spaceship Voyager

Here are some of the pros and cons of using Spaceship Voyager:

Pros

• Spaceship Voyager has a simple and intuitive interface that makes it easy for users to navigate and manage their investments.
• It has a low minimum investment requirement, making it accessible to a wide range of investors.
• It does not charge any account fees, making it a cost-effective investment platform.
• This platform incorporates ESG factors into its investment process, which can appeal to investors who want to align their investments with their values.
• It Offers several portfolios that are diversified across different asset classes and industries, which can help to reduce risk and improve returns.

Cons

• Spaceship Voyager’s investment options are limited to a small number of ETFs, which may not appeal to investors who want more flexibility in their investment choices.
• While Spaceship Voyager does not charge account fees, it charges a higher management fee for larger investments, which can make it less cost-effective for investors with larger portfolios.
• Customer support options are limited to email and a chatbot, which may not be sufficient for some users who require more personalized support.
• It is only available to investors in Australia, which may limit its appeal to investors in other countries.

Conclusion 

In Conclusion, Spaceship Voyager is an excellent choice for new investors who want to get started in a simple and low-cost way. With its user-friendly app, diversified portfolios, and low fees, it is a great option for those looking to start building their portfolios and grow their wealth over time.