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What does my ‘Net position’ mean?
What does my ‘Net position’ mean?
Written by Chanel
Updated over a week ago

Your Net position shows you a quick summary balance of all your investments made and accounts you have connected to Douugh.

If you tap on ‘Net position’ you will land on your Pulse screen.

The Pulse screen is designed to give you a quick, detailed snapshot of your financial position and will show you a breakdown of all your connected assets and liabilities, broken down into 3 groups:

  • Cash - This includes settled cash balances in your US Wallet and Connected Accounts.

  • Investments - This includes the current value of both your Portfolio and US Shares.

  • Liabilities - This includes any outstanding Spots or Connected Accounts that have negative balances e.g. credit card accounts.

Please keep in mind that all US Wallet funds, Portfolio and US Share balances are converted to AUD and displayed at an estimated value based on the current exchange rate.

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