Devenir Guided Portfolio Self-Directed Investment Program
Helping you select the investments that are right for you!
Smart Investing. Made Simple.
Want to maximize your HSA Savings, but not sure the best way to go about investing? HSA Guided Portfolio is an easy-to-use online planning tool designed to help you start investing, and manage your self-directed investment account moving forward. It works by helping you align your HSA investments. You simply need to provide some information about yourself, your HSA, and your general health.
That’s what we call smart investing made simple.
You may begin investing once you have a minimum of $1,000 in your HSA Bank cash account. Only HSA funds above $1,000 in your HSA Bank cash account can be transferred to your investment account.
Investing as Easy as 1-2-3
UPDATE YOUR ELECTIONS
HSA Guided Portfolio tool helps you determine how transfers from the HSA cash account will be allocated among the fund lineup.
REALIGN YOUR ACCOUNT
Next, you have the option at any time to perform an adjustment of your fund balances according to your elections.
By initiating the auto-rebalance feature, you allow the system to automatically adjust your fund balances to stay aligned with your investment goals. Please note: As the investor, you control the schedule for the auto-rebalance feature.
Industry-Leading Fund Options
HSA Bank is partnering with Devenir, the leading provider of investment advisory services to the HSA industry, to offer a HSA diversified leading fund lineup. As part of the HSA Bank self-directed investment options, the Devenir Guided Portfolio program offers low-cost, no-load mutual funds, covering a range of asset classes and families. These highly-rated Morningstar funds also include a wide variety of categories, such as, real estate and emerging markets. And because Devenir is constantly reviewing the fund lineup, you can be confident that the offering will be competitive.
- T.Rowe Price
- Diamond Hill
- Cohen & Steers
- Western Asset/Legg Mason
- Index Funds
- Managed Funds
- Target Dated Funds
- Target Risk Funds
- Bond Funds
- Growth Funds
- International Funds
- Real Estate Funds
Note: If you are an existing HSA Bank member, you may have access to a different fund lineup. To view your list of available mutual funds, log into your account and click on "Manage Investments."
HSA Bank does not provide investment services; investment services are provided by DEVENIR. HSA Bank and DEVENIR are separate unaffiliated companies and are not responsible for each other’s services or policies. Self-directed investment accounts are the sole responsibility of the account owner. Carefully weigh the advantages and disadvantages of investing your HSA funds before doing so. HSA Bank and other business entities receive compensation for providing various services to the funds including an annual asset-based fee for services rendered in association with the investment account. Your ability to replace losses in the investment account may be limited by the annual contribution limits of your HSA. HSA Bank does not offer investment advice.
Investment accounts are not FDIC insured and they are not bank guaranteed. Investment accounts are not a deposit account, or an obligation of HSA Bank, and they may lose value. They are not guaranteed by any federal government agency. Performance data and ratings represent past performance and are not a guarantee of future results. Investment returns and principal will fluctuate and investors’ shares, when sold, may be worth more or less than their original cost.
Neither HSA Bank, nor Devenir Group, LLC, the third party, can provide investment advice to you on this program. Once you transfer funds from your HSA cash account to the HSA investment account, these dollars are no longer covered by applicable FDIC insurance. We recommend you speak with a licensed advisor or consult the prospectus should you have questions about any investment.
The Devenir Mutual Fund Investment Account includes a 0.30% annual fee which is invoiced quarterly. The fee is calculated on a percentage basis and assessed based at the valuation on the last day of each quarter equating to 0.075% or $0.75 per $1,000. The fee is deducted pro rata from the mutual fund account on or about the 10th business day following the end of each quarter. The fee is assessed only on the first $50,000 of the Investment Account balance. There is a minimum fee of $1.50 per quarter. Accounts opened during the quarter are assessed the full 0.075% for that quarter. If the account balance is below $1.50 on the fee deduction date the full balance will be sold.