Returns are not updated on weekends, public holidays, or non-trading days for the fund. Public holidays follow the calendar of the country where the fund is located. Learn more about your fund.
How to check how your money is performing
There are two ways you can check this.
1. On the app or web
This is the most straight-forward way to check how your money is performing:
Go to your balance or Jar held as Interest
Check your Returns this month — it’s in a box next to your Variable rate
2. Standard and Accounting Statements
You can also check your earnings summary and get historical insights on your balance growth via standard and accounting statements.
Go to your balance or Jar held as Interest
Select Statements and reports
Choose the type of statement you'd like to download.
Both statements will feature a line above the last transaction called Earnings since start.
It shows the gain or loss since you started using Interest, compared to holding money as cash. It also compares the current value of your account using the latest fund price with the sum of all historical cash transactions.
The latest cash balance in your statement, below Earnings since start, represents what your account would look like if you had always kept it as cash. If the fund unit price has dropped since you invested, Earnings since start may show a negative amount.
To check earnings for a specific day:
Download a statement for the day before
Download another statement for the day you're interested in
The difference in the Earnings since start section between these two statements represents your earnings for that specific day
Example
If you want to know how much you earned on your GBP Jar held as Interest on 25 September 2024:
Download a statement for 24 September
Download another statement for 25 September
If Earnings since start on 24 September shows 200 GBP and on 25 September it shows 210 GBP — the difference of 10 GBP means you earned 10 GBP on 25 September.
What are the different types of gains?
Your earnings number reflects two types of gains — realised and unrealised gains.
Realised gains are calculated from the units you have sold to send money, withdraw, or spend from Interest. For each of these transactions, Wise sells some units to cover the respective amounts.
If the fund performance increases — fewer units would need to be sold. If the fund performance decreases — more units would need to be sold. The accumulation of these differences from the day you started investing to a given date is the realised gains up to that date.
Unrealised gains are calculated from the units you have remaining as Interest. In other words, anything you haven’t withdrawn, sent, or spent yet. It looks at the difference between the price of the units on a particular day and the prices of those units on the day they were purchased.
How can I access my earnings?
We offer an Accumulating fund class — so any dividend income from the underlying securities (e.g. bonds) are reinvested by the fund manager back into the fund. When you withdraw or spend money from the balance or Jar, or when you convert it back to Cash, your earnings will be realised.
If you buy units and their price goes up, your investment has grown. This means that a unit is worth more compared to when you bought it. It also means that you spend less units if you choose to sell at that price.
When you spend or send from your account, we sell the equivalent number of units. So, to access your earnings, you just need to spend your money. There’s no need to divest the balance or Jar held as Interest.
Do I need to pay taxes on money held as Interest?
You may be liable to pay tax on any gains that are in excess of your relevant annual tax thresholds.