What is Private Credit? | Wealthsimple

Update: As of August 14, 2024, we’ve lowered the asset requirements for investing in alternatives at Wealthsimple. If you have $50,000 in liquid assets (even if they’re not held with us) and meet a few other suitability requirements, you can invest in our private credit funds. Minimum investment is $10,000. (It’s the same rules for our private equity fund, too, but that’s not what this video’s about.)

Wealthsimple’s private credit fund targets yields of 9%. Between its inception in June 2023 and September 2024, the fund had annualized total returns of 11.1%. (To track current numbers and find information about returns, click here: https://www.wealthsimple.com/en-ca/pr...)

Want to learn more? Click here: https://www.wealthsimple.com/en-ca/ma...

Want in? Open the Wealthsimple app on your phone, click “Add account” (TFSA, RRSP or Non-registered), and find the “Alternative investments” option to apply. If you don’t see it, reach out to one of our Portfolio Managers to see if you qualify.