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

Is QuestWealth worth it? ›

The verdict

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.

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How do Questwealth portfolios work? ›

How Questwealth Portfolios work for you. Your portfolio's asset mix is constantly monitored and adjusted when market conditions change. Portfolio managers use a technique called tax-loss harvesting¹ to lower capital gains tax in cash accounts.

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How to withdraw money from questwealth portfolio? ›

Transferring cash out of Questwealth

You are free to transfer cash in either CAD, or USD out of your Questwealth account at any time using the 'Transfer funds' page under the 'REQUESTS' tab.

Is Questrade the same as QuestWealth? ›

Because Questwealth accounts are held by Questrade Wealth Management, there are some small limitations on transferring cash or investments into these accounts.

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What is the minimum balance for Questwealth? ›

Switch to Questwealth for free

No minimum amount required.

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Who owns Questwealth? ›

QWM is a wholly owned subsidiary of Questrade Financial Group Inc. Retiring 30 per cent wealthier illustrates how investing with a Questwealth Balanced portfolio could improve your retirement savings using a hypothetical example.

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Is Questwealth a robo-advisor? ›

And just because Questwealth is a robo advisor doesn't mean we skimp on human customer service. If you ever want to chat with a real person, we're just a phone call away at 1.888. 783.7866.

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How many ETF portfolios should I have? ›

The majority of individual investors should, however, seek to hold 5 to 10 ETFs that are diverse in terms of asset classes, regions, and other factors. Investors can diversify their investment portfolio across several industries and asset classes while maintaining simplicity by buying 5 to 10 ETFs.

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Should I cash out my stock portfolio? ›

Cash doesn't grow in value; in fact, inflation erodes its purchasing power over time. Cashing out after the market tanks means that you bought high and are selling low—the world's worst investment strategy. Rather than cash out, consider rebalancing your holdings in downtimes.

What is a Questwealth account? ›

In a nutshell, Questwealth portfolios are diversified low-fee ETF portfolios designed by experts to help you achieve your financial goals faster. Answer a few questions about your investment goals and risk profile. You'll be matched with a portfolio designed to get you there.

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What is the difference between a mutual fund and a robo advisor? ›

Mutual funds serve as a sort of prebuilt portfolio that investors can buy into, with professional managers who handle the day-to-day management and rebalancing. Robo-advisors, on the other hand, are computer programs that construct an investment portfolio for investors based on their specific situation.

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Is Questwealth safe? ›

First of all, all accounts with Questwealth Portfolios are covered by CIPF (Canadian Investor Protection Fund). If, by chance, Questwealth goes bankrupt (incredibly unlikely) your assets are protected up to $1 million.

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Can I change my QuestWealth portfolio? ›

QuestMobile allows you to easily review and adjust your Questwealth Portfolio's risk profile. You can retake the risk tolerance questionnaire anytime, whether it's for an annual review or a change in your investment goals. A new portfolio will be provided if changes are needed to match your new risk profile.

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Can Americans use Questrade? ›

You must have a Canadian address to open an account. Questrade cannot hold regular trading accounts (non-registered accounts) for U.S. residents, even if they are Canadian citizens.

Is QuestWealth better than Wealthsimple? ›

Questwealth Portfolios doesn't offer these types of perks and cross-selling of products that Wealthsimple has put together. Their value proposition is simply that they have the lowest fees in the Canadian robo advisor world. It's also worth mentioning that Wealthsimple is another level when it comes to design.

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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How trustworthy is 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.

Is it safe to put money in Questrade? ›

Get answers to frequently asked questions

Yes, all managed accounts are insured up to $10 million. What does the insurance cover? This insurance covers you in case Questrade goes out of business.

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