How Do I Open a New Investment Account?

Opening a new investment product with Yeeld is quick and straightforward.

Simply choose the type of investment product you'd like to open, answer a few questions about your goals, select your preferred investment option and fund your account.

Step 1: Go to the Portfolio Section

Open the Portfolio section of the Yeeld app.

From here, choose the type of investment product you'd like to open:

• Stocks & Shares ISA
• General Investment Account (GIA)
• Self-Invested Personal Pension (SIPP)

Once you've made your choice, tap Open New... at the bottom of the screen.

Step 2: Complete the Required Setup

The setup process depends on whether you've opened that type of investment product before.

Opening Your First ISA or SIPP

If this is your first Stocks & Shares ISA or SIPP with Yeeld, you'll first be asked to complete the required declarations before continuing.

Opening Additional Investment Products

If you've already opened an ISA or SIPP previously, you'll simply be taken through the standard account setup process.

Step 3: Tell Us About Your Goals

Next, you'll answer a short questionnaire about your investment objectives.

The questions help us understand things such as:

• Your financial goals.
• Your investment timeframe.
• Your attitude towards investment risk.

Based on your answers, Yeeld will present investment options that best match the information you've provided.

These results are generated from your questionnaire responses only. They are provided for informational purposes and should not be considered personalised financial advice or a recommendation.

Step 4: Choose Your Investment Option

You'll then select the investment option you'd like to use.

Typically, you'll be able to choose from options with different levels of investment risk, such as:

• Lower risk.
• Medium risk.
• Higher risk.

Each option is designed to suit different investment objectives and risk preferences.

Step 5: Confirm and Fund Your Account

Once you've selected your investment option, simply:

• Review your selections.
• Confirm the account setup.
• Add your initial deposit.

Once your deposit has been confirmed, your new investment account will be opened and will appear in your Portfolio section.

In Summary

Opening a new investment product is simple:

• Go to the Portfolio section.
• Choose whether you'd like to open an ISA, GIA or SIPP.
• Complete any required declarations.
• Answer a short questionnaire about your investment goals.
• Select your preferred investment option.
• Confirm your details and fund your account.

Your questionnaire responses help identify suitable investment options based on the information you provide. They are not personalised financial advice or recommendations.