If you have money in Funds Awaiting Investment but Smart Invest hasn’t bought you a Brick, it means there isn’t a Brick available that meets Smart Invest’s investment criteria.
- Only purchases Bricks in a selection of properties which our specialist team have picked for their growth potential (including pre-order)
- Only buys Bricks that are either at or below the Brick Value. More on buying Bricks above and below valuation
- Buys in accordance with diversification criteria once you have over invested $500.
If there isn’t currently a Brick available that meets these criteria, and that you have sufficient Funds Awaiting Investment for, one will be bought by Smart Invest when a Brick becomes available.
A hypothetical example:
Sarah has $40 in her Funds Awaiting Investment
The only Property in Smart Invest around that price is Soldiers Hill (SLD01)
The Lowest Brick Price for SLD01 is $34 which is above the Brick valuation of $33
Because there are only Bricks available for prices above the current Brick Value of $33, Smart Invest won’t buy Sarah a Brick
Sarah’s funds remain as Funds Awaiting Investment until Bricks are available for $33 or lower
When Sarah has enough money for other properties that meet Smart Invest’s investment criteria they will be included in the decision
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