WealthNavi Inc. enhanced its product feature, enabling new users to start using "WealthNavi" with the recurring deposit plan. Along with the enhancement, the company lowered its investment threshold from JPY 100,000 to JPY 10,000 for the managed account services provided jointly with its alliance partners. In Japan, New NISA, which was announced by the Government in December 2022 and was approved by Diet on March 28, 2023, will start in January 2024.

It will integrate the existing two NISA programs, general NISA and installment NISA, and will have enhanced tax benefits. It will also require investing in "installment allowance" to take full advantage of the tax exemption. Considering the features of the new NISA program, the company decided to enable new users to start using "WealthNavi" with the recurring deposit plan.

New NISA may encourage taxpayers, especially working families, to start investing and shift more assets from bank deposits to risk-bearing assets. The company will continue to enhance product features to support more working families. The company plans to expand the coverage of this change.

Main features of robo-advisor "WealthNavi": Automates long-term and diversified wealth management- High-net-worth individuals and institutional investors around the world have been practicing "long- term, dollar-cost averaging and globally diversified" investment. "WealthNavi" automates the entire investment process above by utilizing cutting edge technology. "WealthNavi" allows customers to make long-term and diversified investments in 12,000 securities in about 50 countries through the selected ETFs (Exchange-Traded Funds) based on the modern portfolio theory.

All processes of wealth management, from asset allocation, trading of securities, automated deposits to rebalancing, are proceeded automatically. 2 "WealthNavi" for busy working families- With risk tolerance assessment through answering five questions from a PC or smartphone, "WealthNavi" recommends an optimal wealth management plan for each customer and enables customers to check their assets at any time. Even busy working families can easily manage their assets for their comfortable retirement in their spare time.

Supports comfortable wealth management with various functions- A variety of functions such as "Life planning tool" that supports the achievement of asset management goals, "Fractional ETF trading" that realizes an optimal portfolio even with a small amount of investment, and "AI wealth management advice" make it possible for customers to manage their assets comfortably. The Company has obtained patents for "Automated deposits with rebalancing" and "Automatic tax optimization (DeTAX) function"* for their core technologies. There are conditions for applying automatic tax optimization (DeTAX), and the Company does not guarantee that the tax burden will be deferred.

A simple fee /wealth management algorithm published - The fee is simply 1% (1.1% including consumption tax) of the assets under management. The wealth management algorithm is published in a white paper and is available to anyone on the website of WealthNavi.