CommSec Pocket

CommSec Pocket can be a great way to start if you’re new to investing.

With just 10 investment options to pick from, CommSec Pocket makes it easier to decide what to invest in. You can choose to invest in one, some, or all of the options.

CommSec Pocket allows you to build a discipline in investing through the option of automated fortnightly or monthly investments. And it makes investing more affordable, allowing you to invest as little as $50 with a transparent pay-as-you-trade fee. With no on-going account fees, ever.

The ETFs are issued and managed by leading ETF fund managers. They are not issued or managed by CommSec.

You’re investing in an Exchange Traded Fund (ETF). ETFs are traded on a stock exchange like listed shares.

Exchange Traded Funds (ETFs) are traded on a stock exchange like listed shares. What makes an ETF different from shares is that an ETF is a basket of companies and assets, while a share represents an investment in just one company.

The composition of the basket is normally based on an “index”, which is a benchmark of companies that have the same characteristics. For instance, they could belong to the same market (think the ASX or US exchange), industry (like healthcare), theme (like sustainability), or the same strategy (like high-dividend companies).

You will own units in the ETF, while the ETF owns the underlying investment in the companies and assets. The ETFs are issued and managed by leading ETF fund managers. They are not issued or managed by CommSec.

With CommSec Pocket you can start investing with as little as $50 at a time. You can make a one-off investment, or set up regular investments to build your portfolio steadily over time.

There is no need to maintain a certain investment balance.

Whether you trade via the CommBank app or CommSec Pocket app, you'll pay $2 each time you invest or sell up to $1,000.

Trades over $1,000 are charged at 0.20% of the trade value. For example, a $1,100 trade will cost you $2.20 ($1,100 x 0.20%).

We don’t charge any ongoing account keeping fees, but we might charge other fees in some situations. For example, we debit your account 2 days after you buy – this is known as T+2 settlement. If you have insufficient funds when we try to debit, we may charge a late settlement fee of $10.

For more info, check our Financial Services Guide.

It costs nothing to have an account. Ever. Even if you don’t have any money invested.

When the market is open on business days, your order to invest will be fulfilled that day. Outside of those times, your order will be fulfilled when the market next opens. The details are in our Best Execution Statement.

We then debit your bank account two business days after your order is fulfilled. This is the standard process for investing in the share market: trade now and settle two business days later.

You can set up an automatic investment in an ETF every fortnight or month. Just decide how much you want to invest, the frequency and the start date, and the app will do the rest.

You’ll always be in control of the regular investment. The day before every investment cycle, the app will remind you of what’s about to happen. You can easily cancel it. And every six months, we’ll check in with you to see if you want to continue.

When you invest, you are buying an investment in ETFs. You can place an order to sell part or all of your investment at any time. The sale will occur when the share market is open on business days. You’ll receive the proceeds into your bank account two business days after the sale.

Yes. In NetBank and the CommBank app, you’ll be able to see how much you’ve invested with CommSec Pocket alongside your CommBank accounts.

If you select the Investing tile on your CommBank app dashboard or app library, you can explore the new investing experience. You’ll be able to explore, buy and sell all Pocket ETFs, and access key articles and insights on investing.

You’ll need to apply online for a CommBank transaction account – this normally takes about 5 minutes. Sign up now. Once you’ve received your NetBank ID, you can use it to open an account with CommSec Pocket. The reason you need a CommBank transaction account is because this is where we’ll debit or deposit funds when you buy or sell investments.

When you trade through the app, you’ll pay $2 each time you invest or sell up to $1,000.

Trades over $1,000 are charged at 0.20% of the trade value. For example, a $1,100 trade will cost you $2.20 ($1,100 x 0.20%)

It costs nothing to have an account. Ever.

Cash is debited from your account 2 business days after your trade is done. This is when your trade settles. If there are insufficient funds when we debit, you’ll be charged a $10 Late Settlement Fee.

Each ETF provider charges a management fee for providing the ETF to investors. The fee is applied to your investment per year and varies depending on the ETF. It’s not an out-of-pocket fee. Rather, it’s deducted from the ETF’s unit price. The fee is shown when you browse the investments. The fee is charged by the ETF provider, not by CommSec.

Fees apply for supplementary services. For more info, see our Financial Services Guide.