Questwealth Portfolios | Questrade (2024)

'score up to 30% more', 'up to 30% more for you', 'up to 30% bigger', 'earning you up to 30% more' and similar messages, are references and equivalents to our 'become / retire up to 30% wealthier' claim (and together or individually these may be referred to as the 'up to 30%' claim).

Balanced Portfolio
Retire / become up to 30% wealthier illustrates how investing with a Questwealth Balanced Portfolio could improve your retirement savings using a hypothetical example. The Questwealth Balanced Portfolio has an annual fee of #ETF_MERTier2Balanced+#%, compared to mutual funds that have an average annual fee of #AverageMutualFundFeeBalanced#% (#ComparableFundsBalanced# comparable Class - A Canadian #ComparableFundCategoryBalanced# Funds). This is based on an initial investment of $50,000, compounded annually over 30 years. Annual contributions may impact results. Fees may change over time and actual results may vary. No representations and warranties are made as to the reasonableness of these assumptions. Questwealth Portfolios is a service provided by Questrade Wealth Management Inc.

Income Portfolio
Retire / become up to 30% wealthier illustrates how investing with a Questwealth Income Portfolio could improve your retirement savings using a hypothetical example. The Questwealth Income Portfolio has an annual fee of #ETF_MERTier2Income+#%, compared to mutual funds that have an average annual fee of #AverageMutualFundFeeIncome#% (#ComparableFundsIncome# comparable Class - A Canadian #ComparableFundCategoryIncome# Funds). This is based on an initial investment of $50,000, compounded annually over 30 years. Annual contributions may impact results. Fees may change over time and actual results may vary. No representations and warranties are made as to the reasonableness of these assumptions. Questwealth Portfolios is a service provided by Questrade Wealth Management Inc.

Conservative Portfolio
Retire / become up to 30% wealthier illustrates how investing with a Questwealth Conservative Portfolio could improve your retirement savings using a hypothetical example. The Questwealth Conservative Portfolio has an annual fee of #ETF_MERTier2Conservative+#%, compared to mutual funds that have an average annual fee of #AverageMutualFundFeeAConservative#% (#ComparableFundsConservative# comparable Class - A Canadian #ComparableFundCategoryConservative# Funds). This is based on an initial investment of $50,000, compounded annually over 30 years. Annual contributions may impact results. Fees may change over time and actual results may vary. No representations and warranties are made as to the reasonableness of these assumptions. Questwealth Portfolios is a service provided by Questrade Wealth Management Inc.

²The #ETF_MERTier2Growth+#% represents a Questwealth Balanced Portfolio and is inclusive of the management fees charged directly to clients and the portfolio management expense ratio (MER) charged indirectly by the ETFs held in the portfolio. Fees vary depending on the portfolio and the amount invested. The average mutual fund fee represents the average MER of #ComparableFundsBalanced# #ComparableFundCategoryBalanced# Class-A funds offered in Canada.

³"Lower fees for better returns" refers to the impact of fees over time on your investment returns. This statement is based on a comparison of Questwealth Portfolios’ (QWP) Growth Portfolio annual fee to the average Management Expense Ratio of Global Equity Balanced Series A Funds listed in Canada, as of September 30, 2022. This comparison is based on an initial investment of $50,000, compounded annually over 30 years. Annual contributions may impact results. No representations or warranties are made as to the reasonableness of these assumptions. Expected returns and images included in this content are for illustrative purposes only. Actual performance could differ from the scenarios presented. QWP is a service provided by Questrade Wealth Management Inc.

You can transfer any account to Questrade from another financial institution, regardless of the balance, and get your transfer fees rebated (maximum rebate $150/account). No limit to the number of accounts you bring over. For a rebate, submit a statement from your financial institution displaying the transfer fees incurred within 60 days of the transfer request being submitted to Questrade. For Questwealth™ accounts, all-in-kind and partial transfers of your securities will be liquidated. Transfers from cash accounts may be subject to capital gains taxes or provide capital losses upon liquidation. Exchange and ECN fees may apply. Terms and conditions are subject to change without notice.

Questwealth Portfolios | Questrade (2024)

FAQs

Are QuestWealth portfolios worth it? ›

Silver — Best overall robo-advisor: Questwealth Portfolios

Questwealth boasts some of the lowest fees amongst robos in Canada, especially for smaller accounts. Robo-advisors have different ways of calculating portfolio management fees, but most come out to $250 to $300 a year for a client with $50,000 invested.

Is QuestWealth better than Wealthsimple? ›

With Wealthsimple Black, investors with more than $100,000 in their portfolio can enjoy VIP perks such as lower management fees and a financial planning session with one of Wealthsimple's expert advisors. Questwealth is best for investors seeking the lowest fees.

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Can I change my QuestWealth portfolio? ›

If you're looking to change your desired portfolio (because your risk tolerance or time horizon have changed, for example), please log in through your mobile browser, and head to the Account management page.

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What is the difference between Questwealth and self directed? ›

What is the difference between Questwealth Portfolios and Self-Directed? With Questwealth Portfolios, you get a portfolio managed by our team of experts. With Self-Directed Investing, you're buying and selling the investments yourself.

Is the 3 fund portfolio good enough? ›

The three-fund portfolio is lazy investing at its best. It's simple, it's proven to have a better long-term track record of gains than picking single stocks and trying to time the market, and it lets you generally "set it and forget it" when it comes to saving for retirement.

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Why is my portfolio losing money? ›

You Are Not Diversified Enough

If you have all of your investments in one type of asset—like stocks or bonds—you could be taking on more risk than necessary. Instead, consider diversifying your holdings among various types of assets so that if one goes down, others will hold up better.

Does Questwealth reinvest dividends? ›

Every single one of our standard portfolios have over 5 years of historical performance. Dividends you receive are automatically reinvested so your money never stops working.

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Should I trust Questrade? ›

Is Questrade legit? Questrade is a legitimate and reputable independent brokerage you can trust. Founded 20 years ago (1999), they are based in Canada, headquartered in Toronto and focus on providing stock trading apps for all Canadians.

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Is Questrade the same as Questwealth? ›

Questwealth Portfolios is a service provided by Questrade Wealth Management Inc. Retiring up to 30% wealthier illustrates how investing with a Questwealth Growth Portfolio could improve your retirement savings using a hypothetical example.

What is the minimum balance for Questrade portfolio? ›

While there is no minimum amount you are required to open an FHSA account, the minimum balance requirements for investing in Questrade accounts still apply. These minimum balances are $250 for self-directed accounts, and $1,000 for Questwealth Portfolios.

What is the conversion fee for Questwealth? ›

Currency exchange fee

When we need to buy or sell US dollars to trade ETFs in your account, there is a fee of 100 pips (or 0.01) added to the exchange rate.

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Are Questwealth portfolios good? ›

If you're looking for a low-cost, easy investment strategy that won't demand much of your time or attention, Questwealth Portfolios is among the best (and cheapest) robo-advisors in Canada. Questwealth Portfolios is the robo-advisor offered by Questrade, a Canadian online brokerage.

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Are Schwab managed portfolios worth it? ›

Our Verdict. Schwab Intelligent Portfolios could be a great choice for investors evaluating robo-advisors on price alone. The basic account charges no annual management fee, and there's a decently priced premium account that gives access to financial advisors.

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Is Charles Schwab self-directed? ›

Employees can rely on the assistance of dedicated Schwab PCRA Registered Representatives who are familiar with the investments in their plan and can help them place trade orders. Since PCRA is a self-directed option, the representatives cannot provide investment recommendations.

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How much does QuestWealth cost? ›

The Questwealth Growth portfolio has a total fee of 0.37% (0.25% for our management fee and 0.12% charged by the ETFs held in the portfolio), a fraction of the cost of the average mutual fund.

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Are robo Portfolios a good idea? ›

While a robo-advisor can be efficient in managing your investing decisions, a human advisor may be best for more complex decisions like helping you choose the right student loan repayment plan or comparing compensation packages for a new job. Cost: If cost is a factor, robo-advisors typically win out here.

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What is the average return on a robo-advisor? ›

Robo-advisor performance is one way to understand the value of digital advice. Learn how fees, enhanced features, and investment options can also be key considerations. Five-year returns from most robo-advisors range from 2%–5% per year.

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What are the cons of Questrade? ›

It is a good choice for beginner investors. On the negative side, the account opening process for international clients is slow and not fully digital. There is also a high fee for wire withdrawals outside Canada. Lastly, you can hold your cash only in USD or CAD.

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