How NuWealth’s ready-made portfolios work

If you’re juggling work, family, and the never-ending to-do list, the idea of managing your own investment portfolio might feel like just one more thing to worry about, especially if you’re new to investing. That’s where NuWealth’s ready-made portfolios come in - designed to help you grow your wealth without spending months (or even years) becoming a financial expert.

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Let’s break it down.

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What are ready-made portfolios?

Ready-made portfolios are like a pre-packed lunch for your money. Instead of picking individual stocks yourself (which can be time-consuming and a little daunting), you choose a portfolio that’s already been built by experts. It’s diversified, balanced, and tailored to suit different goals and risk levels. Want to learn more about risk? Click here to check out our quick article on Risk Tolerance, and how to figure out your own risk level.

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At NuWealth, we’re part of the award-winning Quilter group, one of the UK’s leading investment managers. We have access to expertly crafted, ready-made portfolios by Quilter’s own in-house team of finance professionals.

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Introducing Quilter’s MyGoal funds

The MyGoal range (the Quilter Cirilium Passive Portfolios) are designed to make investing simple and goal-focused. Whether you’re saving for retirement, a house upgrade, your kids’ futures, or just wanting to make your money work for you in order to maximise your wealth in the long-term, there’s a MyGoal fund that fits.

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Each fund is:

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Diversified: Spread across different asset types (stocks, bonds, etc.) and/or sectors to reduce risk. This means that if one sector is struggling or facing a downturn, because you have assets in lots of other sectors, too, your overall portfolio doesn’t take a big hit. 

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For example, if the technology sector goes down, you might still have a lot of healthcare exposure in your portfolio doing very well, balancing out the loss from the technology sector.

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Managed by experts: Quilter’s team adjusts the mix over time to keep things on track. So instead of worrying about market ups and downs or rebalancing your investments, you can let the professionals do the heavy lifting.

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How is a ready-made portfolio different from an ETF?

Both ETFs and ready-made portfolios help you spread your money across different investments which can provide some stability in the face of volatility. But there’s a key difference:

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An ETF is like a single basket of investments (such as 100 UK companies in the FTSE 100) that you can buy and sell yourself, just like a share. You choose which ETFs to buy, and you’re in charge of building your own mix. 

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While more diverse than a single stock, ETFs usually still follow a theme. In the example above, the FTSE 100 ETF only tracks UK companies. 

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The S&P 500 ETF similarly only tracks American companies. This means that on their own, they’re still quite risky, as if the American economy takes a big hit, you’re likely to face losses. Therefore, with ETFs, you still need to spend time researching and diversifying your portfolio with a variety of ETFs (and even perhaps other assets such as stocks and commodities).

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On the other hand, ready-made portfolios, like the MyGoal funds, are more like an entire meal plan. They’re compiled by experts to match your goals and how long you plan to invest. You don’t need to pick and mix anything, or add any further assets to your portfolio. It already is a complete portfolio. It’s managed for you, so you can just set it up and get on with your day.

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In short: ETFs are DIY, while ready-made portfolios are done-for-you.

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If you’re in your 30s, 40s or 50s, with a family, mortgage, and career to manage, you probably don’t have hours to research stocks or track market trends. That’s exactly why these portfolios are so useful.

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They offer:

‍Low-effort investing: Set it up once and let it run.

Lower stress: You’re not constantly checking performance or making decisions.

Confidence: You’re backed by a trusted investment manager with decades of experience.

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How to get started

• Log into your NuWealth account.
• Browse the MyGoal fund options, picking the one that best suits your risk tolerance and timeline.
• Invest regularly or as a lump sum, whatever suits you. If you want to invest regularly, you could consider setting up an Auto Invest into your chosen fund, meaning that every month on your chosen date, we’ll invest a set amount for you into your MyGoal fund, without you ever needing to lift a finger.
• And that’s it. You’re investing like a pro, without needing to become one.

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Final thoughts

NuWealth’s ready-made portfolios and the Quilter MyGoal funds are a fantastic option for anyone who wants to grow their money with minimal fuss. They’re built for real life - for people who want to invest smartly, but don’t have time to become a financial analyst.

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If you’re ready to take control of your financial future, without adding more stress to your day, give the MyGoal funds a look and see if they might be right for you.

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This article is for informational purposes only and does not constitute financial advice. All investments carry risk. The value of your investments can go down as well as up, and you may not get back the amount you originally invested. Past performance is not a reliable indicator of future results. If you're unsure about investing, please seek independent financial advice.