Welcome to my Spaceship Voyager Review where I discuss the following:
Spaceship Voyager is a digital investment platform that offers beginner investors the ability to invest in a range of portfolios. Accessible through their website and app, the design is simple, as are the options for what you can invest in.
Currently, Spaceship Voyager offers three investment portfolios: The Spaceship Origin Portfolio, The Spaceship Universe Portfolio and the Spaceship Earth Portfolio. I’ll break down the difference between these three options below.
This option is a passive index fund. An index fund is a type of mutual fund that is designed to track the components of a market index. This is achieved by matching a market segment or a portion of the market. For example, the ASX200 tracks the top 200 companies in the Australian market. It does this automatically by aligning with the top 200 ranked companies. When one enters or exits this index, this ETF is updated to reflect this change.
The Spaceship Origin Portfolio consists of 100 listed Australian shares and 100 listed global shares. The 200 companies within this index fund are chosen based on their market capitalisation. Market capitalisation is calculated by multiplying a company’s outstanding shares by the current market price of one share. Currently, the cost to manage this fund is 0.05% per annum for balances above $5,000. If you have less than $5,000 in your account then the fees are $0.
Spaceship Origin has the following asset allocations:
This option is an active portfolio consisting of 100 Australian and global securities. These securities have been selected by the Spaceship Voyager investment team under their ‘Where the World is Going (WWG)’ criteria. Unlike the Origin Portfolio, these options are selected as opposed to being derived from a market index.
Subsequently, the potential risks and rewards are elevated as the fund managers are actively trying to beat the market. Due to active management, the fee for the Universe Portfolio are higher at 0.10% per annum for balances over $5,000. If you have less than $5,000 in your account then the fees are $0.
Spaceship Universe has the following asset allocations:
This option is an active portfolio consisting of 30-50 Australian and global securities. These securities have also been selected by the Spaceship Voyager investment team under their WWG criteria. Spaceship Earth Portfolio also utilises a negative screening process non-environmentally friendly companies. This criteria ns companies involved with things such as fossil fuels, nuclear power and animal cruelty among others.
The fund aims to generate high returns by investing in environmentally sustainable companies. Spaceship selects these companies on the basis that they are identified as contributors to the advancement of the UN Sustainable Development Goals Agenda. Like the Spaceship Universe Portfolio, this fund is actively managed and incurs the same 0.10% fee on balances over $5,000. Balances under $5,000 incur no fees.
Spaceship Earth has the following asset allocations:
|Portfolio||Spaceship Origin||Spaceship Universe||Spaceship Earth|
|Environmentally Sustainable Holdings||No||No||Yes|
|Number of Holdings||200||100||30-50|
|Fees on Balances Below $5,000||$0||$0||$0|
|Fees on Balances Above $5,000||0.05% per year||0.10% per year||0.10% per year|
The simplest and most annoying answer is “it depends…”. Throughout history, passive portfolios have typically outperformed managed ones. By following the market index, you’re statistically more likely to make better returns over a long duration. For that reason, the Spaceship Origin Portfolio is arguably the safer option out of the three.
Alternatively, the Spaceship Universe Portfolio is carefully selected by experts to align with niche criteria. Subsequently, the potential for greater losses and rewards is elevated. This is also reflected to some extent in the Spaceship Earth Portfolio. However, there is a more niche selection criteria for this portfolio as it precludes non-environmentally friendly companies.
Therefore, it depends entirely on your risk tolerance. If you have a high risk tolerance, then the Spaceship Universe Portfolio may be better aligned to your desires. Alternatively, if you want to take a more passive and safer approach, then the Spaceship Origin Portfolio will be your best bet. Lastly, if you are an ethical investor, then the Spaceship Earth Portfolio is more suited to you.
The thing to keep in mind with all portfolios is that they are growth-oriented. The Spaceship Voyager team, therefore, recommends that you hold all portfolios for at least 7 years to experience growth. This is due to all portfolios containing high amounts of equities. Equities are growth assets, that while susceptible to short term market fluctuations, tend to perform well over long investment horizons.
Spaceship Voyager is a great app for people who want to invest small amounts of money. For beginners just starting out on their investing journey, this easy to use app is a fantastic starting point. Similarly, seasoned investors may prefer Spaceship due to its ease of use. It has a user-friendly interface, high performing portfolios and the lowest fees among its competition. For these reasons, Spaceship is my favourite Austrlaian micro-investing app.
For seasoned investors or people with a lot of disposable income, there may be better alternatives out there. These alternatives include SelfWealth and other investment platforms that will provide more investment options. However, Spaceship is still a great starting point for beginners looking to start in the world of investing.
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If you require additional help setting up your account, here is a detailed guide on how to join Spaceship Voyager.
That concludes my Spaceship Voyager Review. If you have any additional questions about Spaceship Voyager feel free to send me a message at email@example.com.