Browse the asset list
The Investments screen lists shares in Apple, Microsoft and Tesla, an S&P 500 exchange-traded fund, and four digital assets. Brand marks identify which instrument each row refers to; they do not indicate a partnership, issuer relationship, trading venue, listing or endorsement, and no such relationship exists.
Each row carries the quantity held and the current value of the position. Value is quantity multiplied by price, so it moves with the price even when you have bought and sold nothing. Selecting a row opens its detail, where the holding reads on its own rather than as a share of the total.
Understand market information
A price means little without the details that qualify it. Before acting on a figure, establish its source, its currency, and when it was captured. Establish too whether it is a last traded price or a mid-point between bid and ask, and whether the feed is live or delayed. A delayed quote is adequate for reading a position and poor for timing an order.
The figure on a holdings row is a reference point. You buy at the ask and sell at the bid, and the gap between them is a real cost, paid on entry and again on exit. For widely traded instruments that gap is small; for thinly traded ones it is not. The order guide works through what this does to the price you end up with.
Investments are not deposits, are not bank guaranteed, and may lose value. The value of a stock, a fund or a digital asset can fall as well as rise, and you may get back less than you put in. The investment risk guide sets out the distinct ways a holding loses value, and which of them diversification addresses.
Read the allocation view
The allocation breakdown divides the total by holding, so it answers a different question from the holdings table. The table tells you what you own; the breakdown tells you how concentrated you are, and concentration decides how much damage a single holding can do.
Two cautions before you read conclusions into it. A holding's share of the total falls when other holdings grow faster, even if that holding rose, so a shrinking slice is not a loss. And a breakdown by instrument is not a breakdown by exposure: an index fund and a share of a company inside that index count as two positions while behaving partly as one.
Allocation also drifts with no one deciding anything, because whatever has done best lately becomes a larger share of the total. The portfolio guide covers drift, what rebalancing costs, and how to read a return figure once fees and contributions are accounted for.
Placing an order
Selecting Buy or Sell opens a quantity form with an estimated amount. The Review button shows the full instruction before anything is submitted.
Routing, execution, the bid-ask spread, slippage, partial fills and settlement are covered in how orders work. In short, an order is an instruction rather than a transaction, and several things happen between the two.
One consequence belongs here. Execution fixes the price; settlement moves the cash and the securities; the two are not the same day. If a sale has to fund a payment with a deadline, work back from the settlement date. For how sign-in and your data are handled, see security and privacy.
The product guides
- Stocks and funds
What a share is, where returns come from, how ETFs and index funds differ from picking companies, and what fees cost over a long horizon.
- Digital assets
How a digital asset differs from a security: custody and private keys, irreversible transfers, volatility, and the protection schemes that do not apply.
- Your portfolio
Allocation and drift, cost basis and unrealized gains, measuring performance against a benchmark, and when rebalancing earns its cost.
- How orders work
The life of an order from instruction to settlement, order types and their trade-offs, spread and slippage, and what a trade costs in full.
- Brokerage accounts
Account types, how custody works, the cash side, the documents produced, and what investor protection does and does not cover.
- Investment risk
Market, concentration, liquidity, credit, currency and inflation risk; what diversification achieves; time horizon; and the warning signs of fraud.
Frequently asked questions
Does ARUPS give investment advice?
No. These pages are general information about how investment products work. No suitability or appropriateness assessment is carried out, and nothing here is a personal recommendation.
Why is my holding worth less than I paid, when the price has not changed today?
Compare the current value against your cost basis rather than against yesterday's value. Cost basis includes what you paid plus acquisition costs, and the spread paid on entry means a holding starts slightly behind the quoted price.
What is the difference between execution and settlement?
Execution is the moment a counterparty is matched and the price is fixed. Settlement is when the cash and the securities actually change hands, usually one or two business days later. The right to withdraw sale proceeds follows settlement, not execution.
Is an unrealized gain the same as a profit?
No. It is the paper difference between current value and cost basis. It moves daily and can disappear before you sell. Only a completed disposal realizes it, and that is usually the point at which tax applies.
