Starting your Rask Invest account doesn’t always mean starting from scratch. If you already hold some of the same ETFs that sit inside our model portfolios (like Saturn, Jupiter, Luna, Martian, Terra, Mercury or Solar), you may be able to transfer them straight into your new account. Here’s how it works and what you need to know.
Why would you transfer shares or ETFs into Rask Invest?
The most common reason investors transfer their shares or ETFs is to avoid triggering capital gains tax (CGT). If you already own ETFs that match your chosen Rask Invest model, you don’t need to sell and then repurchase them—we can transfer them across for you.
Some investors also transfer in other ASX-listed holdings (even if they’re not part of our models). In those cases, our team will sell them down and invest the proceeds into the model portfolio you’ve chosen.
What do you need to do?
Getting started is straightforward. Here are the steps:
- Open your Rask Invest account
Pick the model portfolio you’d like to invest in and click Open Account. - Send us your transfer details
Email our team ([email protected]) with:- Your HIN (from the brokerage account you’re transferring from)
- The ETF code(s) and number of units you want transferred
- Your cost base (purchase date, number of units/shares, and total price paid, including brokerage and any DRPs)
- We’ll prepare the paperwork
We’ll complete the transfer forms for you and send them back for review and signature. - Verify and sign
Return the signed forms via email along with a copy of your driver’s licence (brokers use this to verify your signature).
Once you’ve done that, we take care of the rest.
Transfer FAQs
When would you not transfer shares/ETFs in?
If you’d prefer to keep your existing investments as they are, transferring may not make sense. Even ETFs that are currently in our models can be sold in future if the model changes. For non-model holdings, it’s often simpler to sell them yourself and fund your account with cash.
Can you transfer international shares?
Not at this stage—we can only accept ASX-listed shares and ETFs.
Can you transfer in and ask us to hold a share or ETF outside the model?
No—your account must align with the model portfolio you’ve chosen. We can’t hold investments outside of that.
Will you wait for the right time to sell?
No. Non-model holdings are sold at the first rebalance after we’ve recorded your purchase history. Timing the market isn’t our priority—aligning your account to the model from day one is.
Can I transfer in cash to avoid selling down?
Yes, in some cases. We can review this with you individually. Keep in mind that model weights may change over time, so no ETF is guaranteed to stay forever.
Is there a cost to transfer?
There’s no fee from Rask Invest to transfer in or out. However, your current broker may charge fees according to their PDS.
Transferring shares or ETFs into Rask Invest can be a smart way to get started—especially if you already own the same ETFs in your chosen model. It helps you avoid unnecessary tax events and makes the move into managed investing smoother.
If you’d like to explore your transfer options, reach out to our team at [email protected] or use the chat below—we’ll guide you through it.
