CommSec Pocket Review

Exchange Review

Quick-Take: CommSec Pocket is the perfect investment application to easily invest in the top Exchange Traded Funds (ETFs) in global markets. They offer 7 ETFs including the Aussie Top 200, Tech Savy, Global 100 and more.

Verified Author

CommSec Pocket is a new application released by CommSec to act as an alternative, simpler option for new investors to use that find Commsec confusing or difficult to navigate. It's a platform for beginners to invest in ETFs (Exchange Traded Funds) and users can begin investing from just $50 AUD.

The platform doesn't actually let you invest in shares as you might normally do. Instead, CommSec Pocket offers a list of ETFs in an easy-to-invest format. ETFs are a compilation of stocks that are listed like shares on an exchange. Unlike shares, where you invest in one single asset, ETFs let allow you to invest in a collection of them.

Table of Contents

CommSec Pocket Vs CommSec

The table below provides a quick high-level overview of CommSec vs CommSec Pocket.

CommSec CommSec Pocket
Easy for beginners
Minimum Trade 350 150
Investable Assets 500 different stocks and ETFs 7 ETFs
Brokerage Fees $30 per trade $2 per trade under $1,000
or
0.2% for trades over $1,000
Conclusion Best for experienced traders/investors Best for beginners

CommSec Pocket Fees

The major selling point of CommSec Pocket is that you can invest as little as $50 at a time with brokerage fees starting from just $2.

Fortunately for CommBank customers, if you already bank with CBA or can open an account and get wages ($2000 per month) paid directly in, no extra fees apply at all. This means you don't need to pay brokerage or management fees.

CommSec Pocket ETFs

CommSec Pocket gives investors the choice between 7 options, with easy-to-understand themes covering industries, markets and global sectors. The available options are:

  1. Aussie Top 200: IOZ iShares Core S&P/ASX 200 ETF - This ETF has yielded an average of 8% per annum.
  2. Global 100: IOO iShares Global 100 ETF - This ETF has yielded an average of 3.26% per annum - however its performance in 2020 was 7.74% return for investors.
  3. Emerging Markets: IEM iShares MSCI Emerging Markets ETF - This ETF has yielded an average of  9.49% per annum.
  4. Aussie Dividends: SYI SPDR MSCI Australia Select High Dividend Yield Fund - This ETF has yielded an average of 6.73% per annum.
  5. Tech Savvy: NDQ BetaShares NASDAQ 100 ETF - This ETF yielded an average of 21.75% per annum and an had an astonishing 34.78% in 2020.
  6. Sustainability Leaders: ETHI BetaShares Global Sustainability Leaders ETF - This ETF has yielded an average of 22.20% per annum.
  7. Health Wise: IXJ iShares Global Healthcare ETF - This ETF has yielded an average of 5.57% per annum.


Best Commsec Pocket ETF

If we were to base this decision off which ETF performed the best in the past year, then choosing the TechSavvy ETF would be a no brainer. Although past performance is never indicative of future results and it's not guaranteed TechSavvy will return the same results as they did in 2020.

However, Sustainability Leaders (ETHI) is rising in popularity given their 22.20% return on their ETF and the rise of 'Sustainable Projects' in this space. The US Government has recently given mandates for venture capital firms to invest in sustainable industries that has resulted in major tailwinds for these ETHI.


CommSec Review: Final Verdict

The CommSec Pocket App is a great way for beginners to get started in financial markets. Using the platform, users can easily automate their investing by setting $10 or $20 aside to automatically buy certain stocks. We recommend using CommSec Pocket due to the low brokerage fees, investing begins from just $50 and the option to auto-invest.

If you are an experienced investor looking to trade over $2,500 - we would recommend you use the standard CommSec Trading App.

Download CommSec Pocket

Author Bio

Timothy Wilson was a former Prop Trader for a notable crypto trading fund based in Hong-Kong. He built BCA after deciding he wanted to focus his career on educating new users about Crypto and DeFi.

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