Spaceship Voyager makes investing simple. You sign up, tell us a bit about yourself, choose between the Spaceship Universe Portfolio or Spaceship Index Portfolio, and link your bank account to fund your first investment.

You can set up an investment plan to make investing a habit. When you set up your investment plan, you can choose an investment amount, and whether you invest on a weekly, fortnightly, or monthly basis. 

Both the Spaceship Universe Portfolio and the Spaceship Index Portfolio are unit trusts, registered under the Corporations Act as managed investment schemes.

This means when you invest in Spaceship Universe Portfolio or Spaceship Index Portfolio, your money is pooled together with other investors' money. We then invest the pool of money and manage it on behalf of members of the fund.

As an investor, you will hold units in the fund you pick. A unit represents a proportionate beneficial interest in the assets of the fund as a whole (but not any particular asset).

Your units represent your share of the fund’s assets.

The price of each unit (typically referred to as a 'unit price'), at any time, is determined by dividing the fund's net asset value (total assets minus total liabilities) by the number of units on issue in the fund at that time. 

The unit price will vary as the market value of the assets in the fund rise and fall. 

Spaceship Universe and Spaceship Index invest in companies listed on overseas stock markets. Because those markets usually close the following morning (Sydney time), the unit price for a business day is calculated at 11.00am (Sydney time) on the next business day.

We do this to ensure the unit price reflects the market value of shares listed on overseas stock markets at the close of those markets. 

For example, if we receive your cleared funds before 5.00pm (Sydney time) on a Thursday (assuming it is a business day), the unit price for units we issue to you will be calculated at 11.00am on Friday (being the next business day).

And, if we receive your cleared funds after 5.00pm (Sydney time) on a Friday (assuming it is a business day), the unit price for the units we issue to you will be calculated at 11.00am on Monday (being the next business day).

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