Dollar cost averaging

Dollar cost averaging (DCA) is one of the automated investment management tools that facilitates regular investments from your client’s Wrap cash account into certain managed investments.

DCA isn’t available for:

• Australian and international listed securities
• term deposits
• non-daily priced funds.

You can only have one automated investment plan on an account at a time. To see if your client has an existing DCA plan:

1. Log in to Adviser Online
2. Search for your client
3. Select the Wrap account from Client Overview
4. Select Account Details
5. Click on the Features tile where you can find the details of any current DCA plan.

1. Log in to Adviser Online
2. Search for your client 
3. Select the Wrap account from Client Overview 
4. Select Account Details 
5. Click on the Dollar cost averaging symbol to open the accordion 
6. Click on Add dollar cost averaging within the features tile 
7. Click Enter or maintain dollar cost averaging 
8. Select the frequency 
9. Enter the total amount per payment (in whole dollars) 
10. Enter a final payment date or select Until further notice 
11. Select the security or securities you want to apply DCA to and the amount per payment 
12. Click Update to confirm your changes. 

1. Log in to Adviser Online
2. Search for your client
3. Select the Wrap account from Client Overview
4. Select Account details
5. Click on the Dollar cost averaging chevron to open the accordion
6. Click on Add dollar cost averaging within the features tile
7. Click Enter or maintain dollar cost averaging
8. Select the DCA plan to be cancelled and deleted
9. Click Delete
10. Click Authorise on the next screen to delete the selected DCA plan.