Many people today struggle to make their cash go as far as it once did. Costs are rising, wages are standing still, and savings accounts can’t be relied on for income like they used to. People are searching for steady financial ground. Something to rely on, like previous generations had.
That’s why we built a portfolio that takes you back to the good old days of consistent investment income. Introducing SteadyIncome℠.* No big swings. No stress. Just an estimated 2.70%** return annually.
20X more income than a savings account
SteadyIncome is designed to be very conservative (less risky), investing only in fixed income (bond) exchange-traded funds (ETFs). The portfolio focuses on generating yield and income through these investments. If you are new to investing or prefer stability, this is a great, practical way to get started.
Essentially, it’s a place to park your cash that’s safer than investing in stocks but that provides greater estimated returns than a traditional savings account. With the SteadyIncome portfolio, you can earn 20 times*** more income than the average savings account offers today.
Put your money to work 💪
Why let your cash sit in a savings account when you can put it in a SteadyIncome portfolio and earn extra interest and dividend income while you mull your next move?
If you’re already a MoneyLion member, you can choose the SteadyIncome portfolio by using the Risk Slider in the MoneyLion app:
- Go to My Portfolio in the Finances tab.
- Tap Edit Allocation.
- Use the Risk Slider to choose SteadyIncome (move slider all the way left).
We’ll rebalance you at no cost. And you can always go back to something more aggressive later if you’d like to make another change.
Just joining MoneyLion? Once you open your investment account with a free MoneyLion membership, you can switch to the SteadyIncome portfolio using the Risk Slider. In order to access the Risk Slider, go to your portfolio page and tap Edit Allocation.
See Table 1 below for details on the ETFs in the SteadyIncome portfolio.
Get started investing with MoneyLion
MoneyLion believes everyone deserves a path to their dreams, and our free MoneyLion Core membership includes a managed investment account with no fees, no minimums, and no experience needed.
Whether you invest $5 or $5,000, you get:
- Fully managed investing
- Personalized asset allocation and ETFs
- Periodic rebalancing to keep you on track
- No investment minimums and no management fees
- Option to adjust your portfolio to be more or less aggressive
How investing with us works
Ready to make the most of your money? Get a free MoneyLion membership today. We’ll create a personalized portfolio of stock and bond ETFs for you. And whenever you add money to your investment account, we’ll buy shares or fractions of shares on your behalf to put your money to work.
Table 1: SteadyIncome portfolio holdings (as of April 15, 2019)
|Cash||CASH||Includes consistent cash allocation to provide liquidity for rebalancing and stability for portfolio|
|iShares Short-Term Treasury Bond ETF||SHV||Provides low-risk base for capital preservation and safety, with little duration and source of income|
|iShares Floating Rate Corp Bond ETF||FLOT||Lowers risk of portfolio by lowering duration and interest rate risk while providing additional yield|
|Vanguard Short-Term Bond (1-5 yr) ETF||BSV||Provides low-risk base for capital preservation and safety and slightly higher source of income than Ultra Short Bonds|
|iShares 0-5 High Yield Bond ETF||SHYG||Enhances yield of portfolio but with very little increase to credit risk and virtually no duration risk|
|Vanguard Aggregate Bond ETF||BND||Provides safety during risk-off environment|
|Vanguard Int'l Bond ETF||BNDX||Enhances portfolio diversity and yield and serves as risk-off hedge for global markets (no currency risk)|
*The SteadyIncome Portfolio is a portfolio constructed primarily of low-risk, high credit-quality Fixed Income ETFs. The ETFs were chosen with an aim to limit risk and produce income. However, the SteadyIncome Portfolio is subject to market risk, and may not achieve a 2.70% return, as no return can be guaranteed. The level of income in the portfolio may vary over time as interest rates and market conditions shift.
**2.70% yield is the asset-weighted blend of the 30 Day SEC Yield as of Mar. 15, 2019. Yield is an important number in evaluating a low-risk, all-bond portfolio, but is distinct from actual investment returns, which may vary.
***20X the average savings account is calculated by taking the FDIC’s national average savings account interest rate for deposits under $100,000 (0.1% based on data available as of March 18, 2019) compared to the expected collective yields of the ETFs in the portfolio
Investment advisory services provided by ML Wealth, LLC. Investment Accounts Are Not FDIC Insured • No Bank Guarantee • Investments May Lose Value. For important information and disclaimers relating to the MoneyLion Investment Account, see Investment Account FAQs and FORM ADV. Broker-Dealer may charge a $0.25 withdrawal fee, among other fees.
MoneyLion membership required. View full terms and conditions here Free cash advance requires MoneyLion Checking Account and Direct Deposit.