Just logged back into Pearler for the first time in ages and I think this feature has now been implemented. However, one potential issue is that deposited money doesn't go towards autoinvest unless the transfer description includes the magic phrase "autoinvest". Whilst giving control over whether funds are auto invested or not, this may prevent the fully automated reinvestment of dividends as I'm not sure I'm able to control the memo attached to dividend payouts. Am yet to fully test this..

This is a major thing broken in Pearler right now.

I'm setting up multiple Pearler accounts to use to save for a Travel Fund, Home Improvement Fund etc

The plan is to distribute funds each month from salary into these accounts, where it would just automatically invest in the free ETFs I've selected.

The main part of this plan that's painful right now is the inability to initiate the transfers from one point - my main bank account.

So I need to do it manually by going into each account each month and transferring the money. It would be even more painful for people dollar cost averaging weekly.

Yes I love this idea!

This would also allow for dividends to be automatically invested in support of target asset allocation. Further, this would facilitate automated consolidation of dividend investments with regular investments, as opposed to a DRP, which perhaps reduces the complexity of cost basis calculations.

Cheers for posting this Robbie! Rebecca McDowall

Agreed. This would be a great feature.